Katie Holmes: New York Spending Spree

January 5, 2009 RSS Feed Print

The New York Post's Page Six estimates that Katie Holmes is stimulating Manhattan's economy through outings with daughter Suri, gymnastics equipment, and an expansion of husband Tom Cruise's living quarters. The Post estimates that TomKat has spent over $7,000 on dining out alone. The grand total: Over $14 million, most of which has gone to real estate purchases.

I think I could manage to put up with the paparazzi if it meant having a budget like hers.

(In related news, the Post seems to have cut a bit too much of its own budget in the proofreading department. Holmes' name is currently spelled "Homes" on its website.)

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personal finance

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BOODDHA of FL 5:25AM April 14, 2009

They have the money they earned.Its their business how they spend it. People need to get a life and quit worring what other people do. I say go Katie if Tom doesen't care .

Shirley Nash of MD 11:17AM January 06, 2009

They work hard for for their money, who are we to say how they spend it? Let it it be they are [eople just like you and I. They are also throwing money into the economy, life of the rich and famous. People like you and I go and see what they do therefore we are also contribiting, so shossss(shut..up) Yo

Yolanda Baxter of UT 9:17AM January 06, 2009

Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, is the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back. Send her your personal finance questions.


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