Famous singer Mariah Carey apparently struggles financially. Her costly way of life reportedly results in millions of dollars in debt. Mariah enjoys luxury, but it seems to have brought some financial problems.
It recently came to light that Mariah borrowed $18.6 million from her apartment in New York City. She borrowed money on the penthouse multiple times after paying $9 million for it in 1999. She is rich, but juggling such debt can be difficult.
Insiders report Mariah spends a lot of money each month. She pays for fashionable clothing, presents pricey gifts, and even covers dog spa treatments. Her finances have been under question due to this excessive spending.
Mariah also earns an erratic income. She earns extra money at specific seasons, such as holidays when her song “All I Want for Christmas Is You” is in demand. This can make her financial management more difficult all through the year.
Mariah keeps under public attention despite these problems. Her supporters hope she will arrange her money and continue to enjoy her accomplishments.