Tori Spelling & Dean McDermott blow through $594k per year with no income

Tori Spelling

Every time Tori Spelling or Dean McDermott has something to promote, the tabloids have new stories about them. In this case, Dean wants to pimp his new cookbook, The Gourmet Dad: Easy And Delicious Meals The Whole Family Will Love. (What an unoriginal title. They should have called it Recipes of Adultery & Desperation.) Last week, I saw a predictable story in OK! about how Tori thinks she’s pregnant with a fifth child. She teased a pregnancy last year too, as a cliffhanger to True Tori‘s season 2 finale. Given all of the life-threatening complications from her fourth pregnancy, I would hope Tori’s not dumb enough to try again.

The last time we talked about Tori, she fell into a Benihana hibachi grill. Dean recently said Tori is recovering from her skin-grafting procedures. These two don’t have much else to shill, so they’ve returned to a familiar theme — money problems. In Touch Weekly says Dean is “more than $13,000 behind on child support payments” to his first wife, Mary Jo Eustace. This week’s issue of Star doubles down by saying Tori and Dean are blowing through over half a million a year. They have no income and don’t seem to care. Here’s Star’s breakdown of their expenditures:

They’re cash poor, out of work — and they burned through all their savings years ago. Yet Tori Spelling and Dean McDermott continue to spend money as though they’re sitting on a pile of it. “They’re living off credit cards,” says an insider. “Tori pays the minimum on the cards, so the bills keep doubling and tripling.”

And they’re headed even further into the red. Dean lost his job hosting Chopped Canada, and Tori recently found out that her reality show, True Tori, hasn’t been renewed for a third season — a huge disappointment that, on the heels of her failed series Mystery Girls, casts doubt on her future TV prospects. With residuals from Beverly Hills, 90210 decreasing steadily, insiders say that Tori is now cozying up to her mom, Candy, who — along with a lifestyle change — may be her only hope.

* Groceries: $48,000
* Medical expenses: $45,000
* Private school for 3 kids: $37,000
* Rent (not mortgage): $126,000
* Dog walker: $26,000
* Nannies for 3 kids: $126,000
* Clothing: $36,000
Total: $594,000 per year

[From Star, print edition, May 11, 2015]

Star didn’t include Tori’s expense for her 127 storage vaults of crap, which she previously said is as much as a mortgage. I’m honestly surprised that her her frequent hospital visits don’t cost more than the stated amount. And $48,000 per year for groceries is insane, even with four kids. Basically, nothing has changed for Tori and Dean. They’re no longer earning money (except for Dean’s book advance), and their spending hasn’t changed at all. Tori has flat out refused to change her ways because her dad wouldn’t have wanted it. They must be receiving money from Candy Spelling, right? There’s no way they can put half a million per year on credit cards.

Tori Spelling

Tori Spelling

Photos courtesy of Fame/Flynet, Pacific Coast News & WENN

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80 Responses to “Tori Spelling & Dean McDermott blow through $594k per year with no income”

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  1. clevelandgirl says:

    Isn’t Dean on Chopped – the Canada version? I think I saw him on the show last week?

    • NewWester says:

      I believe he has left(or been let go) as host of the show. Something about pursuing other opportunities

  2. als says:

    I am behind on this story.
    Why didn’t her father leave her the money? Or he hid and she spent it?

    • Petee says:

      She got some money but nothing you would think she would have gotten.Her Mother got it all.

    • Meatball says:

      Her father left her and her brother money, just not as much as she thought she deserved. Her brother is making it work for him, but Tori spends money like crazy.

      • Apple says:

        her father had dementia and left her and her brother 800,000 each Candy got all the money. Tori said in an interview Aaron thought he was leaving her a lot of money not understanding 800k is chump change in LA. But good for Aaron and Candy for not letting their children be lazy trust fund kids with all the money and no ambition. I hope Candy leaves the bulk of her estate to charity. But I think Tori felt compelled to have as many kids as possible to use them as grand kid bait to Candy to open up the checkbook.

    • jwoolman says:

      It’s normal to leave most of your money to your spouse. I don’t know why anybody thinks twice about it or expected anything different. Her dad was actually very generous to give his kids almost a million dollars each. That could have set them up for life if they were sensible about it. They can make their own money. His son didn’t seem bothered by it, just Tori. I can imagine her spendthrift ways will make her mother very carefully reconsider her own will – she wants to provide for her grandchildren but not their silly parents who spend $ as soon as they get their hands on it. If Tori has that much stuff in storage units, she has the Lindsay Lohan buying/hoarding problem. Not a good sign at all.

    • Itsa Reallyme says:

      Her mom is still alive. The spouse gets the money and after she dies, her kids will get their inheritance.

    • Lurker says:

      I thought Aaron and Candy were super mad about how she left her first husband (they paid for her very pricey wedding) and saw that she was involved with a grifter, so they cut her off.

  3. PennyLane says:

    Methinks Grandma is paying for private school.

    • Christin says:

      My guess is that grandma funds a lot of things that directly benefit the children (school, perhaps clothing, etc.).

    • renee28 says:

      I’ve always heard Candy pays for the grandkids’ expenses. She just doesn’t give money directly to Tori and Dean for obvious reasons.

      • doofus says:

        and hasn’t Candy herself said as much? that is, she’s said that they’ll never be in want, and that she pays for things DIRECTLY and doesn’t give them money but pays bills like tuition and such?

    • Audrey says:

      Probably nannies too.

      Though if Tori and Dean aren’t working, they really don’t need any nannies.

      I think they leak these stories to try to put public pressure on Candy to give them money. But as time goes on, people are less and less sympathetic. At first, people thought it was unfair that the kids got almost nothing in inheritance. But now people know that Tori is just irresponsible and would have blown through anything which was left to her.

      I’m glad Candy is there for the kids but it still seems like a very unhealthy living situation.

    • annieanne says:

      Does anybody think the dog walker and nannies accept credit card payments? Grandma is funding at least $150,000 in cash payments.

  4. GoodNamesAllTaken says:

    How old is Candy? I think they’re just waiting for her to leave money to Tori. I feel sorry for the kids, but the adults are just morons.

    • GingerCrunch says:

      Hopefully Candy leaves the money to those grandkids, but in trusts with lots of stipulations.

      • lucy2 says:

        I hope so too, or it’ll be gone before those kids hit high school.

      • Meatball says:

        I hope so too. Candy is smart and knows how reckless her daughter is with money. No way she would just leave the money that Tori could easily get her hands on. She is blowing through money she doesn’t have. I can imagine if Tori got the money there would be nothing left for those kids once they are older.

      • Audrey says:

        Agreed. Leave them enough for school and to get started…I’d say give the rest to charity or something in case the kids end up like their mom.

  5. Josephine says:

    $37k for private school for 3 kids is ridiculously cheap – that number can’t be correct. And I chuckled at the idea of a dog walker when you have multiple nannies. This pretend budget is just trolling per usual, especially since it is so incomplete – where’s the line item for things like insurance, transportation, vacations, retirement funds, etc…

    • maeliz says:

      Star doesn’t always get made up facts believable

    • GiGi says:

      I thought the same thing! I live in fly-over country & private day school here is $20K + / year!

    • Susan says:

      Any private school is 20k a year, per child. And I live in the southeast, not a city like LA or NYC.

    • Kitten says:

      Yeah that is absolutely not right.
      My boss’s kids are all private school-educated and he said the tuition is comparable to some colleges.

    • amp122076 says:

      My guess is $37k per child and Star didn’t get it right.

    • Angel L says:

      My daughter is in private school. I live in South LA (Louisiana). I pay about $6k per year for Jr High which is about average. There are a few private schools in the area that are more expensive – the highest in our area is about $20K.

    • Emmanuelle says:

      in LA it’s around $35k per child at the elementary level – high school age it’ll go up to $45k. Those were the prices when I was in school 15 years ago.

    • Kori says:

      Or dog walkers when you have multiple kids–at least the oldest (and maybe the second) is old enough to walk the dog around their neighborhood.

  6. Detritus says:

    Can you claim bankruptcy and be forgiven all your credit card debt?
    Otherwise, this is going to be interesting.

  7. Tracy says:

    Let’s hope they get it figured out before those four kids need college educations.

    • Anne tommy says:

      They are a pretty dreadful pair. And I know most posters think they need to be financially more responsible and live within their means. And they are right. however, candy spelling has I believe around half a Billion dollars. If I had that, no matter what I thought about my daft daughter and her Douche husband, I would be making financial arrangements that would stop this tabloid freakshow that is or will be when they are older so embarrassing to my grandchildren. I am sure there are ways and means of putting the funds beyond the reach of the parents. Mom spelling must have played a big part in Making tori like this. She should step up and save the grandkids from further embarrassment.

      • Meatball says:

        If anyone should be embarassed it should be Tori and Dean. It looks like as soon as they get money, they spend it and I’m sure her mother is covering some of her bills that have to do with the kids otherwise their debt might be even higher. Tori is 42 years old, how long is her mother supposed to bail her out? She claimed they couldn’t afford a vasectomy for Dean, then went on vacation to Mexico? spending thousands of dollars. At some point Tori needs to get her sh*t together. Her mother cannot continue to be held responsible for her daughter’s terrible financial management.

      • briargal says:

        @Meatball–Totally agree with you. Why should Candy enable her sicko daughter anymore?? Tori loves the media attention not only for the money but for the attention. After all don’t forget she is an actress and a celeb. (If it wouldn’t for dear old Daddy and HIS TV show, she would simply have been a spoiled little brat! She can’t act her way out of a wet, paper bag.)

      • Mare says:

        According to Tori, daddy was the one that taught her to spend, spend, spend. She blows money because she says her father would want her to.
        Obviously daddy thought she’d blow through her inheritance, so he didn’t leave her much. Plus he didn’t like Dean.
        Candy is a smart woman and will probably leave her money to her grandkids with an executor so Tori and Dean can’t touch it.

  8. vauvert says:

    Why do these two losers get air time on CB? He is a troll and bottom feeder, and she got exactly what she deserved – him. I feel sorry for the kids….

  9. Kgg says:

    They are just ridiculous. Their kids will probably rebel and be the kind of adults who grow their own food and live off the grid.

  10. bettyrose says:

    Listen closely kids: Learn a marketable skills. Never assume your parents will support you, even if they have the means, and don’t bother depending on your charm for a reality show if your name ain’t Kardashian-Jenner-Beelzelbub.

  11. Becks says:

    Judging by how many time this family is papped outside that Thai Massage place, you’d think there would be $$$$ more added to their spending.

  12. lolalulu says:

    only $37k a year for 3 kids in private school? Candy must be footing the rest of the bill for that. that would barely cover 1 kid at the private school near me and I’m in NJ.

  13. Green Is Good says:

    You can’t fix delusional.

  14. Sarah says:

    Not sure why 2 unemployed people need nannies. Or dog-walkers. Walking the dog is such a good way to get papped if you are a sad, pathetic famewhore.

    • Christin says:

      Because she seems to routinely require hospital visits??? I thought she was once portraying herself as a hands on earth mother with chickens, etc.

    • lucy2 says:

      I wondered that too – it’d be one thing if they were both working, but if neither is…time to walk your own dogs and take care of your own kids.
      And move to a cheaper place. And get rid of the storage units of crap. And get jobs. I can’t stand irresponsibility like that.

      • doofus says:

        if she sold just HALF the stuff in her storage units they could probably live off of that for years.

        and TOTALLY agree on the nannies and dogwalker (if true). WTF do you need those for if you don’t work?

  15. Meatball says:

    I can’t imagine how much higher this would be if Candy wasn’t footing some of their bills. Tori is a grown woman with 4 children and a useless husband, who probably married her for the money he thought she had. These 2 should feel so embarassed and ashamed. There is no reason for them to be this far in debt and not doing anything to try and fix it.

  16. DEB says:

    They’re only a pair of cheating d-bags, that’s all. Dean did Mary Jo a favour when he left and turned Tori into a brood mare for $$. They’re laughable and utterly talentless.

  17. Triple Cardinal says:

    127 storage units? Of just “stuff”? I don’t have 127 of anything!

    What has she got in those units that requires collection? If it’s vintage or rare items from the days when she was flush, then fine. Sell or donate at will. But if it’s garbage she’s hoarding–and that’s what it sounds like–then Candy should force Tori’s hand and refuse to pay the storage bills. Let Tori start selling.

    127 units. My jaw is still dropping.

    Think I’m gonna go clean out a closet or two…

    • Christin says:

      It boggles the mind to think about just how many purses, clothes, etc., there would have to be to fill even 10 storage lockers, much less more than 100.

      These two are just a better known version of those who cry poor and don’t do anything significant to correct the problem.

    • Giddy says:

      i have a horrible mental image of the contents of those storage lockers. They must be the physical reflection of the messy attic that is Tori’s mind.

    • Itsa Reallyme says:

      It’s garbage. She started going through them on one of her shows and it’s all little ugly trinkets. Nothing of value at all. She has a serious problem. You should have seen the tantrum that happened at the suggestion of getting rid of it all.

      • Andrea says:

        Nothing of value in ANY of the storage units? OMG! Can you say hoarder??

      • holly hobby says:

        Didn’t she sell Jason Priestly’s wedding invitation? That was on tv and he saw it!

    • Lurker says:

      There’s a new reality show for the twits! STORI-age Wars – they could sell off all the junk.

  18. FingerBinger says:

    If they’re shopping at Whole foods then $48k per year is about right.

    • Lady D says:

      That’s almost $1000 per week for groceries for a family of 6 that includes 2 toddlers. Every. Freaking. Week.

  19. Jag says:

    They are disgusting. Anyone spending that much money and not paying child support deserves to be in jail.

    • briargal says:

      If he was a normal Joe Blow instead of a “celeb”, he probably would be. I hate that this so called celebs are treated differently than regular people. Look at Lohan, Bieber and others to see how they get special treatment.

      • VirgiliaCoriolanus says:

        Yea, and what’s sad is that regular people get more chances than they deserve. My bio dad demanded a paternity test after my mom went after him for child support (like he didn’t know we weren’t his), and it took him nearly two years to actually go in and get swabbed for DNA….because he kept ignoring summons to go. When he ignored them, they’d start the process all over again. The only reason he went in was because he used to be in the Navy, and they threatened him with military arrest, if he didn’t go. He ignored AT LEAST four summons/separate dates to go get swabbed, for a test that HE demanded.

        And I have an aunt who has a daughter who is over thirty, and she’s STILL getting child support payments from her ex…….

  20. briargal says:

    And Tori won’t change her ways because “her dad wouldn’t have wanted it.” ???? Does she really believe that he wanted her to be a total waste bag. Maybe he always wanted her to feel she count on him to help her out whenever she needed it….but I think he would have been happier to see her become a responsible ADULT capable of standing on her own two feet without the monetary help of anyone. What a total waste!

    • Christin says:

      Let’s just be blunt. There is no way she would have been on a hit TV show had her daddy not been in charge. She wouldn’t have made it past step one of getting an audition.

      Between the money he did leave her, and what she SHOULD have saved from being on multiple seasons of a hit show, she could have lived comfortably. I just cannot generate any sympathy for her / them.

  21. Itsa Reallyme says:

    Their budget would be SO EASY to fix. I have 4 kids and we eat really well. I spend $250 a week on groceries and that buys a LOT of food. We rarely eat out. That only comes out to $12,000 a year.
    They could simplify their lives and get a smaller house in a less expensive area.
    Send their kids to public school.
    Walk their own dogs.
    Watch their own kids. Nobody helps me watch my 4. I do it all myself and my kids are never late for school.
    They also don’t need to spend $3,000 a month on clothes. Target has great kids clothes. You shop a few times a year for them or watch the clearance racks.
    I’m tired of people crying about how broke they are when they’re spending $500,000 a year on “expenses” and they don’t have jobs. It’s not rocket science people.

  22. Montrealise says:

    Why in the world do they need nannies and a dog walker? Since neither one of them is working, shouldn’t they be raising their own kids and walking their own dogs?

  23. Pumpkin Pie says:

    I find it hard to believe that they don’t own a house. And if it’s true, the amount of money paid to nannies is simply obscene. What do they do all day, it’s not like they work full time. And what do non-“celebrity” parents on low or medium income do? They raise and take care of them themselves or involve their families, friends.
    I find these two so pathetic, sorry. But I also think they are manipulating their situation to get attention. Again, so pathetic.

    • paleokifaru says:

      Yeah I was wondering how they’re paying a mortgage with no jobs. You can’t exactly put that on credit cards…or at least as far as I know you can’t. I have no patience for people who blatantly just don’t care how much they abuse others with their lack of sense and ethics. I really hate it when people place their economic burdens on others simply because they’re choosing to not work and still spend.

  24. Lurker says:

    I wonder how much money she burned through while she was working on 90210 and doing those TV movies? She had to have been a millionaire in her own right, easy.

  25. Size Does Matter says:

    Gah!!! If I have to spend $1000/week on groceries to maintain the Deaner diet, NO THANKS! Also, didn’t Tori admit that she basically starves herself (“shut your mouth and eat air”), so that is surprisingly expensive as well. And three nannies for two unemployed people?!? Gah!!! I’m going back to the Game of Thrones post where things are normal.

  26. Lola says:

    If they are in debt, why not declare backrupcy? The first things to be sold would be the storage units. Part of the plan would be, 0 nannies (cause you don’t work), 0 dog walker (there’s no need). Seeing (according to tabloid) that they are renting, move to a smaller home that you can afford. Look for work that requires actual work.
    About the kids, part of a trust would make sense for all grandchildren, don’t know if brother has kids. That would be administered by responsible third party. Give certain amount 800k after each graduates from collegue, rest donate.
    State sale of mom’s stuff would be divided into both brother and sister and grandkids… after paying all debts of estate, then the debts of the children (in equal parts, therefore if bro, has no debt he gets $) …
    FIXED THE “Problem” … but honestly who believes tabloids?!

    • paleokifaru says:

      How are they renting? Can you even DO that with credit cards? I’m so confused.

  27. Jaded says:

    She’s a truly messed up Hollywood child. Regardless of what Candy says about her spending habits and the fact that Aaron didn’t leave his kids squat, they’re the ones who damaged those kids. Being brought up in the crystal fishbowl of enormous wealth and fame, spoiling their kids, cossetting them in private schools, paving their way into the Hollywood acting machine and making them feel like they’re royalty, does nothing to help them grow up to be mature people with a solid value system. I feel sorry for her – especially that she was needy enough to break up her marriage to allow a parasite like Dean to move in and take advantage of her.

    • Baylor says:

      Tori is an adult. She has had plenty of time to recoup from her childhood and get a financial advisor/ take money management classes, etc. From what we know, her brother hasn’t struggled as much. At this point in her life, there are no more excuses.

  28. Anony says:

    Neither of you work but you “need” not one but three nannies?!?