Mama June (Honey Boo Boo's Mom) rather than spending the money made from 'Here Comes Honey Boo Boo' has placed it in a trust fund for the education of her daughters and granddaughter.
Reality television tends not to have the smartest people on the shows, and if professional athletes are any indication, it’s fairly easy to overspend and end up bankrupt. It’s refreshing, then, to see a reality star being responsible with their money.
‘Here Comes Honey Boo Boo’ is a show about a family who’s young daughter is a child beauty pageant contestant. The family makes $15,000-20,000 every episode, but you won’t see them moving into a mansion or driving a Mercedes.
Mama June is putting 100% of their earnings from the show into a trust fund for her daughters and granddaughter. The only way they can withdraw money from the accounts before they’re 21 is for schooling or medical emergencies. The family is living on her husband Sugar Bear's income as a contractor.
The only thing she has bought since the show started was a 2005 Ford Expedition. Mama June commented on this saying "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."
June can’t be tempted to change her mind and spend the money, either. She has TLC, the network that airs the show, deposit the earnings directly into the fund. That’s some smart financing.