The Financial Exploitation of Models

#Money

Fri, May 6th, 2011 12:00 by capnasty NEWS

Jenna Sauers, of dis magazine, explains how a normally financially-stable and debt-free student entering the world of modelling, found herself owning more money than she actually was earning.

My debt disaster began when I started working as a fashion model. Within eight weeks I owed £4 255,65 to the Elite agency in Paris. I kept at it another two years, until I owed over ten thousand dollars to agencies, friends, and Wells Fargo Card Services. This is a partial accounting of all the bad decisions I made in that time.

  1080

 

You may also be interested in:

Why Robbing Banks is a Financially Bad Idea
Royal Baby Worth $372.6 Million
Final: 21st Century Credit Card With Disposable Numbers
“Give a guy who makes $1 million an extra thousand and he’ll barely notice it.”
How Much it Costs to Be Batman