Saturday, January 21, 2006

Jenna Jameson Porn Star or Business Woman

Yesterday I saw the E True Hollywood Story of Jenna Jameson the adult film star and owner of "Club Jenna". A couple of things came to mind as I watched this; first of all, they must have run out of celebrities to do stories about. Second, I was impressed at how Jenna Jameson saved and invested her money. Most women in that industry are known for making large sums of money and quickly squandering it. Jenna Jameson, was different. Whether or not you agree with her chosen profession, many of us can take note on how she managed her money. Early in her career Jenna Jameson, saved money in mutual funds, money markets, and savings accounts. Later she used that nest egg that had grown to start her own company called "Club Jenna". Jenna Jameson, was the first porn star to ever start merchandising. In an industry that is often looked down upon one woman was able make smart financial decisions which allowed her to set herself up for life.

Regardless, of whether you agree with this controversial industry of adult entertainment, we could all take a page out of her book. This E True Hollywood Story of Jenna Jameson, made me think of people who are close to me in Coastal Vacations. I know of many people who are making rather large sums of money with this business. I find myself hoping they are making good financial decisions as well. I can understand that we all want more money to spend and we all want a few more toys. In this business a person can retire in a fairly short amount of time if they chose too ( 5 years ). So If your primary goals are not to pay off your debt, and save for an early retirement then I would ask, "Are you any better off than before you started your home based business". Let's face it anyone can spend money as quickly as they make it however, I would encourage you to save your nest egg very similar to the way Jenna Jameson did. At the very least it will help you reach financial security. Once you have done that then you can set aside more money to have fun with!

Before, I get a barrage of emails I am not condoning Jenna Jameson nor the adult industry. I am simply using her as an example. Jenna, is a woman who works in an industry which does not promote nor support financial independence the way the home based business industry does. If she can make smart financial decisions working in that industry then, why aren't more of us in this industry doing the same if not better?

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