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- Briefly explain why you are interested in studying your topic:
- I want to study this topic because ever since I was little, I have been fascinated with celebrities and how they can make so much money.
- As I have gotten older, I have seen in magazines and online the growing number of celebrities that go bankrupt. This really puzzles me because how can these actors musicians,ect.. make millions of dollars a year, but then file for bankruptcy only a short period of time later.
- I want to learn more about how this exactly happens and what some celebrities do to make sure that this doesn’t happen to them.
- The overall question I plan on answering by the end of the project:
- Why are some celebrities prosperous when others become poor?
- Sub questions I will need to answer in order to answer the overall question:
- What kinds of celebrities typical go bankrupt (actor vs musician, type of personality)?
- How long does it typically take for celebrities to go bankrupt?
- Do celebrities try to conserve their money? If so, how?
- What are the consequences of celebrities filing for bankruptcy?
- My plan of research (what specific Library Databases, specific websites, names of authors, people, etc. will I pursue to find the answers to the questions above):
- I have created a google alert about my topic to inform me on the most up-to-date information.
- I will use google news to find creditable resources such as http://time.com/3956059/bankrupt-celebrities-50-cent/ , to find research about which specific celebrities have gone bankrupt and why.
- I need to make sure not to use resources such as TMZ because they are not very creditable.
- Databases: Britannica School, Clobal Issues in Context, Gale Virtual Research
- I will try to find videos and clips on celebrity bankruptcies-Youtube.
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