Jessica Simpson recalls her credit card being ‘denied’ when she went to Taco Bell ‘the other day’
NEWYou can now listen to Fox News articles!
Jessica Simpson is getting candid about her finances.
After regaining full ownership of her fashion brand ., the star has been investing her money in her business.
The 41-year-old recently made an appearance on “The Real” where she told the talk show hosts that she is “draining” her “bank account. “
” I don’t have a working credit card. It’s OK. I will pay in cash,” she added. “I went to Taco Bell yesterday, and my credit card was denied. Ladies, I’m on a tight budget. “
JESSICA SIMPSON SPEAKS OUT AFTER RECLAIMING ‘100% OWNERSHIP’ OF HER BILLION-DOLLAR BUSINESS
Jessica Simpson is being honest about her finances. After regaining full ownership of her fashion brand’s billion-dollar name, Jessica Simpson has been investing her money in her business.
(John Shearer/Getty Images for Jessica Simpson Collection)
Elsewhere in the interview, Simpson said: “With money, there’s just so much fear attached to it. I’m the one that you get mad at at blackjack tables. I will admit it if it is me driving the show. I believe in myself and know what I can accomplish. I know that I can do it, and I will not let anyone stop me. “
The singer and actress took charge of her popular Jessica Simpson Collection last year after its parent company, Sequential Brands Group Inc., filed for Chapter 11 bankruptcy protection back in August.
The 41-year-old recently made an appearance on “The Real” where she told the talk show hosts that she is “draining” her “bank account.”
(Getty Images )
Since the filing, Simpson and her mother, Tina Simpson, have been hard at work behind the scenes getting the actress and singer her company back as she only owned just over a third of the brand – 37.5% – at the time Sequential Brands Group Inc. purchased a majority share from Camuto Group in 2015.
“It means the absolute world to me to be able to take over complete ownership of my brand,” Simpson told Footwear News at the time.
CLICK HERE TO GET THE FOX NEWS APP
“After 16 years in business, I feel ready to meet this next exciting phase with open arms. My mom, my amazing team and I will be fully committed to our customers. I know the sky is the limit.
The singer and actress took charge of her popular Jessica Simpson Collection last year after its parent company, Sequential Brands Group Inc., filed for Chapter 11 bankruptcy protection back in August.
(John Shearer/Getty Images for Jessica Simpson Collection)
Bloomberg reported in September that Simpson offered up $65 million to buy the brand back at auction.
CLICK HERE TO SIGN UP FOR THE ENTERTAINMENT NEWSLETTER
The brand is comprised of over 30 product categories, according to Forbes. In 2014, the outlet also noted that the brand brings in about $1 billion per year at retail.
FOX Business’ Julius Young contributed to this report
I have been writing professionally for over 20 years and have a deep understanding of the psychological and emotional elements that affect people. I’m an experienced ghostwriter and editor, as well as an award-winning author of five novels.
