Financial Lessons From Charlie Sheen

I used to be a Charlie Sheen fan.  Used to be.

That was before he spent the last week or two going off on one nonsensical rant after another and cementing his reputation as certifiably insane in the court of public opinion.  Nobody really knows save for Sheen himself if drugs, dementia or something else is to blame for his very public downfall but it has been good for a few sound bites.  One thing’s for sure – this man is winning!

Winning

Among those sound bites if you listen closely is Sheen’s take on financial issues.  Granted, the money issues he’s currently dealing with are far different than those of most people but his views are still…..uhh, insightful.

Without further adieu…

Everybody else will be begging me for their job back.  After what they put me through … I’m underpaid right now.  Yeah, it’s ridiculous.  I’m tired of pretending like I’m not special.

I’m not sure that being the highest paid actor on television at around $2 million per episode on the #10 program in the Nielsen ratings qualifies you as being underpaid but in his mind it does!  Most people wouldn’t walk into their boss’ office and ask for a 50% raise despite being the top paid guy at the company and ranting about how special you are.  I think I’ll stay away from Sheen’s advice on how to get a pay raise.

I don’t have a job.  I’ve got a whole family to support and love.  People a lot more important than me are relying on that money to fuel the magic.

This coming from a guy who wants a $1 million per episode raise and is threatening a $300 million lawsuit.  I doubt Sheen visits the unemployment office anytime soon but his need to take care of his family is understandable if not a bit misguided.  I think Charlie’s trying to insinuate that his family is more important to him than money but if that’s the case then why is he demanding the pay raise?  I know.  Stop trying to make sense of this.

Well, I mean, first of all come Wednesday morning they’re gonna rename it Charlie Bros. and not Warner Bros.  Duh, winning!

Another office no no.  Sheen claims he has a family to feed so if he wants to secure his current employment then threatening your employer with a lawsuit and takeover might not be the best way to go.

Blame the studio for giving me this much dough knowing who they were giving to.

I’m sure the studio agrees with him right about now.  The lesson here is to do your homework and limit your liability with a high risk individual.  That could apply to anyone loaning money to a family member or getting involved with someone with a questionable credit history.  This might be the most sensible thing to come out of his mouth in a month.

It’s obvious that there’s not much to learn from Sheen’s cautionary tale outside of the fact that it’s a great reminder to stay away from drugs.  When it comes to money, get his salary if you can but otherwise use your own common sense.

And leave the winning up to him.

Photo credit: JamesJam

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Author Info

This post was written by David Dierking. David lives outside Milwaukee, Wisconsin and has been working in the financial services industry for over 13 years with a background in investments, accounting, and marketing. He earned his Chartered Financial Analyst designation from the CFA Institute in 2004 and was recently published in the Milwaukee Business Journal. You can also check him out at The Ultimate Fit Challenge

One Response to “Financial Lessons From Charlie Sheen”

  1. Chris |  Mar 13, 2011 at 5:23 pm

    How much cocaine did Charlie Sheen do? – Enough to kill Two and a Half Men.