The Honey Boo Boo household isn’t as backwards as you might imagine…Actually, Mama June (real name: June Shannon) is a better businesswoman than we know. Whether it comes naturally, or whether she’s getting good financial advice, who knows? But she’s revealed she has set up a trust fund for her children using a big chunk of the earnings from her daughter’s popular show, Here Comes Honey Boo Boo.
According to sources, the 7-year-old Alana Thompson and her fam make somewhere between $15-$20k an episode, which June, 33, divides equally into accounts for her and her siblings (Lauryn, 12; Jessica, 15; Anna, 18, and her baby Kaitlyn). The girls reportedly cannot access the money for anything other than schooling or medical emergencies until they turn 21 years old.
Says Mama June, “I want my kids to look back and say, ‘Mama played it smart. Not like those other reality TV people.”
Apparently June never even touches the show’s earnings herself. She adds, “TLC puts the money into the girls’ trust accounts for me and then I get an e-mail telling me how much everyone gets.”
June’s husband (and Boo’s father), Sugarbear, works as a contractor, while she manages her daughter’s career. She also is quite the extreme coupon lady. June’s so money conscious that she says you’ll never se them drive fancy cars, no matter how much cash the show brings in.
She says, “You’re never gonna see me drive a Range Rover or a Mercedes. I’ll drive one if someone else pays for it. Never gonna live above my means.”
Honey Boo Boo isn’t on my list of the most fascinating people of 2012, but she and her family are entertaining. And it’s nice to see the family’s matriarch setting a good example for her kids, at least financially. It’s refreshing. Now, if only she could work on their junk food intake.