‘Sister Wives’ 2020 Spoilers: Kody Brown’s Bankruptcy
Sister Wives 2020 spoilers reveal when you have a family of 17 children and four wives, things aren’t exactly easy. Financially, it can be draining and think about being the man of the house for all of this action.
That’s Kody Brown from TLC’s Sister Wives. The family has seen a lot of financial woes and it seems that things have gotten even worse for the family. Let’s take a look back at their financial history since the show began.
The First Bankruptcy
In 2005, Meri Brown and Kody talked about how they had about $5 in their bank accounts. He ended up filing for bankruptcy that year and was making about $4,000 a month in Montana as a salesman. Meri was making $625 a month as an engraver. The family wasn’t as big back then, but that still was not enough money for everyone.
In 2007, we saw some major changes in their debt and those changes were not for the best. The family owed about $230,000. They had mortgages in Wyoming, car loans, and about $40,000 in credit card debt.
They had a $2,800 debt to Sears, $8,000 to Home Depot, and $1,300 to Best Buy. It seemed as if the family’s spending habits were out of control. They ended up settling the case and paid around $187,885.
'Sister Wives' Spoilers 2020: Who Did Kody Brown Spend Thanksgiving With? https://t.co/RYCXXm7TEq
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Kody Brown Spends Beyond His Means?
Friends of the Sister Wives cast members Brown family have pointed out that Kody does like to spend beyond his means and his goal in life is to just keep the show going in order to collect the money from each episode. Since moving to Arizona, Kody has bought homes for his wives and is still helping one of them pay rent. Meanwhile, the wives are working very hard with their own businesses just to make ends meet.
Where does this leave the Browns right now? Do you think that they will have to file bankruptcy again? If they don’t watch their spending, it seems as if they will need a new way to make money or Kody will have to get another job to help support his family.