Tori Spelling, Dean McDermott reveal money troubles

Tori Spelling detailed her family’s financial trouble in a new interview with People magazine, saying they’ve fallen on such hard times that her husband couldn’t undergo the vasectomy they wanted to have.

Michael Kovac/Getty Images for John Varvatos

Tori Spelling detailed her family’s financial trouble in a new interview with People magazine, saying they’ve fallen on such hard times that her husband couldn’t undergo the vasectomy they wanted to have.

Though born into wealth as the daughter of famed Hollywood producer Aaron Spelling, actress and reality star Tori Spelling says she has recently fallen on hard times.

The “Tori & Dean” star, 40, opened up to People magazine with the details of her trying time, in the midst of the release of her latest memoir “Spelling It Like It Is” – which hit shelves October 22.

“I haven’t bought a purse in three years,” she told the magazine, according to the Daily Mail. “And it’s fine. I look back on that girl who shopped at Gucci in my 20s and I can’t even relate.”

RELATED: JENNIE GARTH, TORI SPELLING, REUNITE FOR ABC FAMILY SERIES ‘MYSTERY GIRLS’

In fact, they are tightening the belt so much that the “Beverly Hills: 90210″ star and husband Dean McDermott, 46, wanted to put the permanent cap on growing their family with a vasectomy, but found out that they couldn’t afford McDermott’s procedure.

Maybe it will help? Spelling has a new memoir out in which she talks about some of the financial hardships her family has endured.

torianddean via Instagram

Maybe it will help? Spelling has a new memoir out in which she talks about some of the financial hardships her family has endured.

They were advised not to move forward by a business manager, she told the magazine. Spelling and McDermott are parents to five children – Liam, 6, Stella, 5, Hattie, 2, Finn, 14 months, and Jack, 15, McDermott’s son from a previous marriage.

Spelling also cites her frivolity with money over the years as the reason for her current woes.

RELATED: TORI SPELLING SHARES VIDEO OF SON FINN’S ARRIVAL

“Even when I try to embrace a simpler lifestyle I can’t seem to let go of my expensive tastes,” she said.

“And then there’s my shopping problem. I’ve bought ridiculous amounts of stuff for the kids, clothing, toys, crafts.”

Spelling and McDermott have four children together, and another from his previous marriage, that they take care of. The family is ‘repurposing,’ she said, and learning about how to best cut costs.

Tiffany Rose/WireImage

Spelling and McDermott have four children together, and another from his previous marriage, that they take care of. The family is ‘repurposing,’ she said, and learning about how to best cut costs.

The family’s reality show is in the process of moving to HGTV in 2014, after being canceled on Oxygen for low ratings.

RELATED: TORI SPELLING SHOOTS DOWN DIVORCE RUMORS

“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 said.

“We’re in the entertainment business and things change year to year.”

Even her kids are in on the budgeting change, Spelling told the mag, explaining that they’ve started sharing clothes.

“I can’t afford to live like this anymore,” she said. “They say admitting the problem is the first step…. we’re all about repurposing. It’s a really good value to have.”


Daily News – Gossip

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>