Bankrupt RHONJ Teresa Giudice: “I live within my means”

12 May 2010 - Universal City, California - Teresa Giudice. The Cable Show 2010 An Evening with NBC Universal held at Universal Studios Hollywood. Photo Credit: Byron Purvis/AdMedia

Bankrupt entitled real housewife of New Jersey Teresa Giudice stars in a new commercial for a local tanning center called Sizzle Tans. She lounges around in orange and yellow bikinis and shills for the tanning center with plumped frosted lips. “I tan, I spray, and I bring the heat to Jersey,” Teresa declares.

Also: A very brown looking Teresa was on the View yesterday. She said that her financial problems were all due to business problems her husband was having and that she lives “within my means.” She claimed that “the money was coming in from the apartment buildings so we were able to live the lifestyle that we lived.” Teresa and her husband Joe are $11 million dollars in debt despite declaring less than $80,000 in income. Their home and possessions are up for auction and include tacky high ticket items like $5,000 chandeliers, a suit of armour and a mahogany bar. She was seen dropping $120,000 in cash on furniture in one outing that was filmed for the show. Yet Teresa is in complete denial that her constant spending has anything to do with her family’s deep financial hole and explains that her husband just didn’t tell her that they didn’t have the money:

The Real Housewives of New Jersey star Teresa Giudice made an appearance on The View Monday to talk about her messy financial situation — and admitted that for a long time, her husband Joe kept her in the dark about their massive debt.

“Joe didn’t want to worry me,” she said. “He didn’t tell me at first because he thought things were going to get better.”
Giudice explained that her husband’s failed real estate investments and a lawsuit with a former partner were what forced them to eventually file for bankruptcy last fall. “When it wasn’t getting better he did tell me,” she said, but admitted she still doesn’t actually know the total amount of debt she and her husband have. (Bankruptcy documents indicate that the couple have $10.98 million in liabilities.)

“I wasn’t upset with him,” she added. “If anything, it brought us closer.”

Although she appeared to spend lavishly on her home, clothes for her kids and even plastic surgery on Real Housewives, Giudice says she was only spending money she thought she had.

“I always live within my means. Always,” she insisted. “The money was coming in from the apartment buildings so we were able to live the lifestyle that we did.”

Giudice added that she no longer uses credit cards and watches her money, even though she has been able to spend the profits from her best selling book, Skinny Italian, since it was earned after the filing. “I am not jet-setting. I don’t have gold toilets,” she says. “I watch my money.”

And what about that yellow diamond ring Joe gave her for their anniversary on a recent episode of their show?
“It’s not real,” she says. “I love costume jewelry.” –Charlotte Triggs

[From People]

When questioned whether she’s watching her money, Teresa says “of course I am. I don’t use my credit cards.” In their bankruptcy filing the Guidices listed more than $100,000 in debt on credit cards, more than they declared in income per year. It takes a special kind of scam artist to wrack up that much debt and still continue to lie about it and deny they have a problem. At least Teresa can keep doing local commercials to make ends meet. She probably made enough for that spot to last her a whole 15 minutes at Neiman Marcus.

PATERSON, NJ - MAY 03: Telvision personality Teresa Giudice attends Bravo's 'The Real Housewives of New Jersey' season two premiere at The Brownstone on May 3, 2010 in Paterson, New Jersey. (Photo by Mike Coppola/Getty Images)

Mar. 10, 2010 - New York, New York, United States - TERESA GIUDICE from ''The Real Housewives of New Jersey'' arriving at Bravo Media's 2010 Upfront Party at Skylight Studios in New York City on 03-10-2010. 2010. .K64457HMc. © Red Carpet Pictures

You can follow any responses to this entry through the RSS 2.0 feed.

60 Responses to “Bankrupt RHONJ Teresa Giudice: “I live within my means””

Comments are Closed

We close comments on older posts to fight comment spam.

  1. denise says:

    aaahhh! My eyes o_O

  2. lem says:

    WHY doesn’t that woman have her foreheaded threaded?!?!?!

  3. RHONYC says:

    i love how joe took her to the westin in JERSEY CITY (directly across from NYC) for their anniversary night.

    how romantic.

    i would’ve cracked my guy’s skull.

    *eyeroll*

  4. Team Bethenny says:

    Lem, what she has is known as a “threehead.” Maybe even twohead. But definitely not a forehead.

  5. Fluffy Kitten Tail says:

    Thank god I have a forehead.

  6. djork says:

    “Real” and “Star” are hardly the words I’d use to describe this ape-browed freak. Jesus!

  7. Erin says:

    Ch-ch-ch-chia!

    Seriously, if you can spring for that much tacky shit get some laser removal on your forehead lady!

  8. Goldie says:

    The party she threw for her daughter’s christening on RHONJ was disgusting. Teresa has no class & probably no idea how to manage money.

  9. TheSerenityGarden says:

    What exactly did she have plastic surgery on? It does not appear to be her face!! (I have never seen the show thank heavens)

  10. meme says:

    i hate these real housewives bitches. all of them from every state.

  11. JustBe says:

    If you don’t know how much money your family is bringing in and/or how much debt you have, you can’t say that you’re living within your means, because you don’t know what your means are!!
    If something happens to her husband, all of that debt will fall solely on her and the IRS and her creditors will not write off the debt because ‘she didn’t know’ about all of it.
    She needs to stop the BS and she needs to be called out for it (by more than CB)!

  12. Bored@Work says:

    She is in serious denial..That show seems so much more fake to me now since it has been revealed that she is broke. I watched last night’s episode and you could see how uncomfortable Joe was about spending and she was just prancing around and throwing money at that ridiculous party. She seems so forceful and he can’t seem to say no, even when its obvious that he is digging himself into a hole.

    That was one depressed looking man last night. I hope they take all the proceeds from everything they do now and apply it to their debts.

  13. Eileen says:

    Team Bethanny: LOL

  14. Argh. So here is the deal: I am, by all accounts, addicted to most reality TV. People in my life poke fun, and they talk sh*t. But I have come to notice that almost everyone has one reality show the find is different from others, one that they like or at least deem acceptable. Of course I become who they talk to about this because I am an upfront Reality junky. My boss loves RHONJ, a show that I had not been watching. He always wants to talk about it and gets kinda whiny when I explain it’s not one of mine. So this weekend as I was working out and straightening up and other things around the house I had this on in the main room. (Usually I can’t do this because kids are running around and most reality television is smut that children should not witness!) After an hour I wanted to pluck my eyes out and burn my ear drums. I came to work yesterday and we had a long discussion about how I just don’t get it. These women are just insane and so strange! Also, that ring was in the one I saw and she wasn’t acting like it was a fake ring!

  15. Chelly says:

    She has the funniest forehead ever! And whats up with her eyes?! They’re so far apart! Like almost at her temples! Lmaoooo soooo funny! She kinda looks like a pug

  16. bellaluna says:

    Mayhaps she doesn’t understand the term “living within our means”.

  17. Chrissy says:

    Bored@work – I kept hoping either Bravo was paying for the party or that Teresa and Joe would make sure to pay their FRIENDS!! If not, throwing that type of party and expecting Caroline’s family to suck it up … wow … definitely the end of that friendship. And you are right. Joe seemed very depressed and uncomfortable the whole episode.

  18. lucy2 says:

    Agree, JustBe. People like this are a huge part of the problem.
    The “I didn’t know” excuse is total BS. I bet she did know, but even if she didn’t, that’s her own fault – a woman I know never paid attention to their household income and expenses, and when she got divorced, she was responsible for half of the huge debt he’d rung up. Be smart and aware, ladies (and men)!

    I think it’s gross they owe $11 million, but she’s allowed to keep (sorry, spend) profits from her book (who would buy a book from her anyway?). The people they owe money to are getting screwed.

  19. Leek says:

    No wonder she looks like she’s shi*%ing her pants in every picture. She must be so stressed from the cheating and lying and having to balance a giant football above her manly shoulders every day.

  20. Dave says:

    The cast of RHONJ is so ridiculously tacky and unattractive. And this woman is beyond words tacky. The state of New Jersey should sue Bravo and the cast for falsely representing the state. (I say falsely only because I’ve never been there and hope that not everyone in the state is as unattractive, mean and tacky as these women.)

  21. original kate says:

    how the hell does one get 11 million dollars in debt?! how?! these are the type of people that brought this country’s economy to its knees 2 years ago – entitled brats charging everything in sight and then not paying. then they skip out on a bankruptcy plea and start the process all over again. disgusting. and i thought i was bad last month for bouncing a $45 check!

  22. TaylorB says:

    Original Kate,

    Shhhhhhhh!!!!! Don’t bag on Joe… I know you love fashion, but there are very few outfits that go well with cement shoes.

    We Love You Stumpy Joe and Monchichi Lady!!

    *runs and hides*

  23. denise says:

    @ Taylor

    LOL!!!

  24. pebbles says:

    Last night’s episode (yes, I watched) was the first time I’d ever seen Joe put his foot down and say “no more parties.” He seemed to be genuinely trying to reign her in…but then later in the night after the wine had run freely, he was telling her that it was all worth it (spending a wedding budget on a baby’s christening). I feel sorry for the little Giudice girls because someday they will be looking for their college funds.

  25. original kate says:

    @ taylor:

    are you saying i may be in for a kneecap recap from joe’s “associates?” uh-oh – didn’t think of that. DOH!

  26. dre says:

    I feel sorrier for the girls once they realize no boys will ever be able to live up to their daddy!
    These girls will be lonely old nuns, what man would put up with these girls?

  27. lucy2 says:

    Dave – between this and Jersey Shore, I almost hate to admit that I grew up and still live in NJ. I know people like this exist, but the vast majority of people I know are normal, I swear!

    Seriously, she is one creepily unattractive woman, and the threehead (LOL) has a lot to do with that. The first photo is hilarious because it looks like she clipped on fake bangs to hide it!

  28. meme says:

    @lucy2 – the jersey shore morons are from staten island so you needn’t feel bad about them. the jersey housewives, well, what can i say? my condolences to your state. on another note, teresa is $11 million in debt and has no means to live within. how do these people get mortgages?

  29. GatsbyGal says:

    “I live within my means.”

    I wish her eyes would live within her face.

  30. Tess says:

    I despise the fact that this cretinous pig rakes in money and publicity after leaving others to cover her bills.

  31. Jeri says:

    She doesn’t use her credit cards because they have been cancelled.

  32. Bored@Work says:

    Ewww…Sorry..I just clicked on that commercial for tanning…She looks even worse in it. Like a gorilla in drag, all that hair. My poor eyes,..poor Joe, and I do mean Poor. They hardly can afford a pot to piss in and they parade around like they are rich…Man, I am pissed!

  33. voodoobetty says:

    She’s a dead ringer for Mercedes Reuhl in The Fisher King.

  34. Ron says:

    Right now she has to live within her means. She’s filed bankruptcy. If she tries to skirt this, and she is just stupid enough to try, she will end up in contempt of court and thrown in the clink. Then she could have a real throw down with a bunch of prostitution whores. 🙂

  35. Justine says:

    I give Bethanny credit for getting up everyday and working her ass off even though she’s filthy rich.

  36. mamma mia says:

    And the governor of NJ picks on JERSEY SHORE? Pleeeeeeez! These knuckle draggers make Snooki look like Einstein.

  37. Laurie says:

    Teresa claims to have always lived within her means, but also says she knew nothing of her finances before the bankruptcy? Ummm…I’m not buying it one bit. Teresa and Joe are in for a very rude awakening to the tax man. The IRS doesn’t easily forgive liars!!

  38. katherine says:

    She’s hiding the real ring so they won’t take it from her. Check out the comparison:
    http://img190.imageshack.us/img190/7011/teresaringate.jpg
    The one she wore on the View was not the one that Joe gave her.

  39. original kate says:

    “I live within my means.”
    I wish her eyes would live within her face.

    @ gatsby gal: your post just made me laugh like a hyena at work!

  40. Nuria says:

    Are we entirely sure she wasn’t born a man?

  41. ak47 says:

    With all her wild and crazy spending, Teresa couldnt take a breather from shopping to get some laser hair removal?

  42. DetRiotgirl says:

    Good lord she is unattractive! I can’t remember of it was this blog or Dlisted that compared this woman to a monchichi… But, best description ever!

    Also, I’m pretty sure that tanning ad is going to haunt my nightmares later.

  43. gretchen says:

    missing link finally found…

  44. seethruyou says:

    Are we sure that was born female?

  45. seethruyou says:

    OMG Nuria you beat me to it. Sorry babe.

  46. Bella Mama says:

    only 3 were from SI and angelina left after episode 3 so really just 2 of the 7 were from SI. dont blame the rock!

  47. darlingD says:

    We studied a creature like this in my anthropology class but I thought it was extinct.

    Is this a female yeti?

  48. mAnDa3 says:

    The show and her make me feel sick to my stomach. You’d think since she was so hideous looking she’d be in debt for plastic surgery. Barf. Im broke b/c I spent all my money on stupid meaningless objects.

  49. mAnDa3 says:

    oh and she can not act. No money there.

  50. LBees says:

    …that brow.

    Hooo… reminds me of one of the guys on the Sopranos, the one whose hairline is literally EATING his forehead.

  51. Ramona says:

    Theresa thinks she is so cool but she looks “Neanderthalish” with that creepy hairline almost touching her “BUSHy” eyebrows! Thats just Ewwwewww!

  52. Anne says:

    Pebbles:I really don’t think the Giudice girls will be looking for college money, more likely “princess” wedding money.

    Also how could Theresa live within her means if she had no idea how much they had and how much they owed? Sounds like they didn’t report ALL of their income too, the IRS doesn’t like it when you try to hide income. They will probably be audited, yikes.

  53. paranel says:

    I don’t watch TV which I assume this lady is on. I have to say she really really is not attractive. Sheesh, the world we live in today. Why is she on TV ?

  54. NancyMan says:

    As we say in the South-‘Bless her heart!’

  55. poof says:

    She is HORRID.

  56. Ava says:

    When I saw her & Joe whip out all of that cash to pay for furniture, movers, etc Bells went off big time for me.My 1st thought was “someone from the IRS has got to be seeing this”. DUMB@SS MOVE!! Right on national TV! Really, how ignorant can you be? Remember, it was the IRS that finally brought Al Capone down!And I’d still love to know who the “family members” are that GIVE them $10,000 a MONTH! I want family members like that, but I wonder what “family”.I don’t like to speak ill of children but Teresa is always saying how beautiful Gia is. She is not. And the child can not act at all!!! The worst problem these girls will have is their obscene sense of entitlement (wonder where that came from?).Wait until they get out into the real world and realize they can’t stomp their little designer-clad feet and get their way. Those kids are RUINED!

  57. Casi says:

    Right the ring is FAKE?? Please I don’t think she would have put up with Joe buying her a fake ring for their wedding anniversary. On the show the other night Joe also made the comment that he took her checkbook away and everytime she made plans for the party Joe looked sicker and sicker. Seriously she knew they have problems, she said it on air that Joe wasn’t letting her spend anything or was micro-managing her spending. Seriously she makes me sick along with her spoiled kids, the next show they are in Italy and the kids are all wearing fur coats! I bet those are fake too!

  58. katie says:

    who cares about this trash, honestly??

  59. Taradash says:

    they are all fake, the countess from RHW of NY, “rented” that townhouse never own it. Andy Cohen spilled the beans on his show.

  60. Oprah says:

    Awww, you guys just don’t get it. (lol)

    So, what’s a little debt…

    I AM FAMOUS NOW!!!!

    isn’t that the bottom line of all these types of fake “reality shows”???

    famous = everybody loves me now.