Kate Gosselin's Finance 101: How To Waste Millions

Nov 19th, 2010

Let the downfall of Kate Gosselin begin! Honestly, we literally cannot take this woman and all of her nonsense anymore so we're happy to report that this chick has managed to blow millions of dollars and has now found herself in a financial hole. Only people we feel bad for? Her kids.

"Kate lives like she is a movie star," a friend tells me. "She flies first class and stays at the most expensive hotels and spends money on herself like it's going out of fashion. Remember, this is a woman who once spent $7,000 on a haircut!

"Kate was hoping to get paid to endorse a bunch of products. She thought she would earn millions by advertising baby carriages, food and cloths, but no one wanted her. The poor thing even thought she would get a deal with Cover Girl after being on 'Dancing With The Stars,' instead they went with Beyonce."

And with eight mouths to feed -- not to mention the new expense of having a home tutor for two of the kids -- the bills keep piling up. "Kate is so worried about her finances that she's even thinking about getting a real job," an insider tells me.


LOSER.

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