12/06/2012 04:34 pm ET Updated Dec 06, 2012

Celebrities With Money Problems: Stars Who Have Major Debts (PHOTOS)

Just because they make the big bucks doesn't mean they know how to save it, or invest it, or pay their taxes.

Just this week, Lindsay Lohan and Gary Busey made headlines for their financial mismanagements. Lohan's bank accounts have been seized by the IRS because she reportedly owes a total of $233,904, while Busey closed his bankruptcy case, freeing himself of $57,303.63 worth of debt to various creditors, but he still owes $451,297.33 to the IRS.

Where does the money go? Big lifestyles mean big bills and too many celebs don't seem to know how to balance a check book:

Mo Money Mo Problems


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