Cherie DeVille is a regular contributor to The Daily Beast, and she has penned another article for the website. In “Financial Horror Stories From the Porn World (and What They Say About America)“, Cherie discusses how financial skills affect the adult industry.
Her thought start with how some in the adult industry are more concerned with material goods, rather than investing. Renting over owning creates a void in money that could be saved. And, how as self-employed individuals, many neglect to save for taxes.
With the career span in the industry being significantly shorter than other businesses, performers tend to get themselves stuck in the long run by not investing and saving wisely. But, Cherie is quick to point out with the increase of self-employed individuals, it speaks to the wider problem of people not being prepared financially.
“As always, I am so grateful to Daily Beast for allowing me a platform to speak my mind,” Cherie commented. “While the porn industry operates differently from ‘mainstream’ businesses, we see the struggles and issues across the board. I want not only my fellow performers to learn from mistakes, but everyone out there who needs assistance with prioritizing their financial futures.”
The full article “Financial Horror Stories From the Porn World (and What They Say About America)” written by Cherie is available here.