*As EUR previously reported, Tyrese Gibson recently submitted financial docs to the court in his ongoing war with ex-wife Norma Gibson.
In an effort to confirm his financial woes, the actor provided evidence that reportedly only pulls in $105,686 every month but his monthly expenses amount to $107,576, which puts him in the red.
According to The Blast, some of his monthly dues include paying $7,500 in childcare for his 10-year-old daughter Shayla, $9,744 in groceries and $14,869 for his home’s mortgage; however, the court documents state the actor-singer has $884,658 in cash and savings, and his property is worth $1,761,250.
In an Instagram video that he shared before a court hearing early this month, Tyrese broke down in tears claiming he spends $13,000 per month in legal fees in his ongoing custody battle with ex-wife, and he pleaded for financial help.
According to the court documents, Tyrese has already paid his attorney $68,055 but still owes $133,750.
He also claimed in a separate Instagram post that Will Smith and Jada Pinkett Smith gave him $5 million to help out with his expenditures. But the power couple denies this and a source close to the Smiths claim that they are worried about Gibson’s mental health.
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Meanwhile, Missy Elliott took to Instagram to offer some financial advice about living within your means.
She captioned the clip: Trying to make ends meet? Well you can’t be embarrassed to DOWN SIZE! A WISE person NOT gonna spend all their Coins [dollar emoji] trying to empress erbody else! A WISE person gonna save up their [money emoji] & get only what they can afford so they can always LIVE COMFORTABLY secondly It’s NEVER to late 2 LEARN! Surround yaself with people who about their business & NOT those ones who is LAZY! U need those homies that will help inspire u to stay on TOP of yo own [poop emoji]
Fans were quick to correlate Missy’s advice to Tyrese’s money troubles.
Regardless of whether she’s talking about him or not — do you think Missy has a point?
A lil but of knowledge for yall today… Trying to make ends meet? Well you can’t be embarrassed to DOWN SIZE! A WISE person NOT gonna spend all their Coins?trying to empress erbody else! A WISE person gonna save up their?& get only what they can afford so they can always LIVE COMFORTABLY?secondly?? It’s NEVER to late 2 LEARN! Surround yaself with people who about their business & NOT those ones who is LAZY??! U need those homies that will help inspire u to stay on TOP of yo own ??