Money and Celebrities

Every day we read about how celebrities are spending vast amounts of money buying designer clothes and jetting off to private tropical islands. Is this one of the reasons that so many ordinary people are getting into debt problems? It wouldn’t surprise me. However we still need to take responsibility for our own actions and blaming it on other people perhaps isn’t wise. Instead we should be looking for ways to reduce our outgoings and learn how to budget and get the best finance deals on existing loans etc.