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Tori Spelling Opens Up About Money Problems

October 24, 2013 09:12:49 GMT

The daughter of TV mogul Aaron Spelling admits she has had to let go of the luxury lifestyle she previously enjoyed.


Tori Spelling
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Photo credit: FayesVision/WENN

It may be hard to believe that she has not "bought a purse in three years" but that's the what daughter of multi-millionaire TV mogul Aaron Spelling, actress Tori Spelling, has admitted about her changing lifestyle from then wealthy heiress to now mother of four kids. The 40-year-old former "Beverly Hills, 90210" star reveals money is in fact so tight nowadays, that she and 46-year-old actor husband Dean McDermott can't even afford a vasectomy right now.

Spelling's business manager advised against the procedure at this time considering that the couple's budget may not be able to accommodate it following the cancellation of their reality TV series last year. "We don't have a series on the air right now, so we have to be more restrictive of what we can spend, just like anyone who doesn't currently have a steady job," she says.

She is hoping that her financial situation will improve once her next reality TV show, "Tori & Dean: Cabin Fever", airs next year, but until then, she has tried to cope by renting a modest house in San Fernando Valley, Los Angeles and embracing a simpler lifestyle, including trying to cut back on spending and shopping which she is often guilty of despite their dwindling resources.

Aside from inheriting only $800,000 from her father multi-million estate due to a falling out with her mother, Spelling has also had to sell her 6,700 square feet Encino mansion at a loss back in 2011. She also racked up huge hospital bills from pregnancy complications with her fourth baby.

© AceShowbiz.com




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