For a movie star, Jason Isaacs Said that his financial situation is not what you expect.
“People will think that I have huge money stocks,” the star of “White Lotus” told Vulture in an interview published on June 16. “But unfortunately, what I did quite immaturally was expanding my expenses to match my entries and almost everything I have won over the years.”
The English actor has more than 168 credits on IMDB dating from 1988, including emblematic roles such as Lucius Malfoy in the film adaptations of Harry Potter and Colonel William Tavington in the 2000 “The Patriot” hit. But while Isaacs has long appreciated a great power and lucrative career – Business Insider previously pointed out that he, and all the other high -level actors in the series, deserved $ 40,000 per episode From “White Lotus” – its admission is indicative of a common financial misstep which afflicts the Hauts -Bénés: the lifestyle.
“It is really common to have Flépant lifestyle, and it is essentially this phenomenon: when you earn more money, you spend more money,” said Robert Persiche Certified financial plannertold Business Insider. “People will see additional money on their bank account, then they will spend it, then they will get used to it, and it somehow becomes locked up in your lifestyle – and it really becomes, really difficult to get out.”
ISAACS representatives did not immediately respond to a request for comments to Business Insider.
“Do you want to be rich, or do you want to be rich?”
Life style cread is the most insidious when you start spending your additional income on large tickets such as expensive cars, fantasy houses or recurring subscription expenses such as subscriptions to the gymnasium, said Persichitte. That does not mean more modest luxury As the SPA services or a fashionable wardrobe cannot add up, but he said that these types of transactions are easier to stop doing madness if your financial situation changes.
“It is a very common scenario: you get someone who has their first well -paid job, and they are excited, they go out and spend it, then about six months later, they realize that they hate this well -paid work,” said Perschitte. “If you bought a new car or bought a new house, it’s a very, very difficult decision to come back.”
Isaacs is far from being the only celebrity to encounter a problem of lifestyle. Al Pacino, in his autobiography in 2024, said that he had passed from a $ 50 million Fortune to “Broken” Because he did not control his expenses. Other stars – from Michael Jackson to Mike Tyson – have also accumulated Huge amount of debt Despite the income of several million dollars.
Although it can be tempting to adopt a more sumptuous lifestyle or to imitate the spending habits of your favorite celebrity if you receive a promotion or a financial windfall, Persitte warns against it.
Persichitte recalled a temporal interview in 2008 with Flo Rida, in which the rapper said that the Rick Ross magnate advised that to earn more money, Flo Rida should spend “with the confidence of someone who knows that he will make it much more”.
“I would not recommend this,” said Persichette. “And the logic for me is: do you want to be rich, or do you want to be rich?”
The difference is that the financial situation of a rich person depends on their next pay check, which means a job loss or an emergency or an imminent prison sentence – which was probably in the future for the character of Isaacs in “White Lotus” – could be all that could collapse. In comparison, said Persichitte, a rich person has long -term stability because he prioritized Sound investments which allow them more control over their finances.
The easiest way to avoid the lifestyle is to have a plan for your money, so it’s not just about staying in your bank account, said Persichette. Whether it is a 401 (K) or lock part of your funds in a CD accountAlmost everything is better than having your liquid money available in your current account-but “the most invisible, the better it is,” he added.
“The more you can keep this money from the current account, the less you will have this time you have this lifestyle,” said Persichette. “If your net salary does not go up, you do not feel rich and you do not feel the need to spend.”
Addressing Vulture, Isaacs said that he had refused several roles over the years that would have offered him a more important nest on which to look. Although he said that he does not regret “career or artistically” movements, he admitted that it was a financial point for him.
“There are a number of things that I could have done over the years that would have made me rich,” said Isaacs. “And now that I am around the fall of my career, I think that I may be an idiot and that I should have done some of these things and I just put it in the bank, because the others do it.”