LOL, I came here specifically to comment about this - glad you guys already had it covered. Notice none of the articles mentioned the house itself and you have to google to find this:
"
The house' current worth is over $2,307,700 and is a massive and lavish estate, built around a 4,500 square-feet with four bedrooms, five bathrooms dating back all the way to 1970..."
It truly is the perfect example of why people don't give a rat's behind about this: sorry, spoiled celebrity who clearly lives way beyond their means, if you don't have a cushion that can last a couple of months to cover essentials, you way over spend and over bought. You clearly couldn't afford that house to begin with, so yeah, you should sell it. What does a now single guy with no children need with four bedrooms and five bathrooms anyway?
Oh, his financial state may also be because
he filed for divorce last month...but why would any of the articles about this let little things like that fact get in the way of the sob story.
Thing is, this is not uncommon whatsoever - and as corporations continue downsizing, there are going to be a lot of similar sob stories from people who did the same thing - they finally start making a few bucks, and instead of being smart with it, they just spend way too much of it ahead of time assuming it is going to last forever.
There are tons of folks out there who make $125-175K+ a year who also live month to month - because they buy houses that are way beyond what they can actually afford, constantly have multiple new $50K+ cars in the driveway, send their kids to fancy schools, order Door Dash a half dozen times a week, spend 10K for a week's vacation, etc. As long as they contribute to their 401K/IRA, they think they will be set for life and don't worry about having anything on hand.
Basically, people who spend like millionaires but have nothing in the bank, and although their current monthly income can just manage to make payments for it all, they are up to their eyeballs in debt. They lose their job, they are almost immediately up the creek. (It's no wonder 401K hardship loans are at a new record high.)
There are going to be a lot of people who end up in these situations, and this guy is not special - he just has something external to try to blame it on, and just comes across as a spoiled idiot who made bad financial decisions. There is no shame in living paycheck to paycheck, most who do don't have a choice - but those that do have a choice and just spend poorly, it is difficult to have a ton of sympathy when if you just had kept expenses in check and lived reasonably, they would not be in this situation.