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Coleen Nolan Expresses Financial Worries Despite High Earnings from Loose Women
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Loose Women star Coleen Nolan has revealed she is “worried” about her finances, despite reportedly receiving a substantial fee for each appearance on the ITV daytime show. The 59-year-old media personality, who first gained fame as a member of the successful 1970s girl group The Nolans, has been a regular panellist on Loose Women since 2000, contributing to over 200 episodes and amassing a reported net worth of approximately £4.5 million.
Living on a picturesque six-acre farm in North Staffordshire with her two children and their partners, Coleen’s lifestyle might suggest financial ease. However, in a candid interview with Woman’s Own, she disclosed that most of her income is allocated to covering living expenses, leaving her feeling the financial strain “just like everyone else.”
“Bills are going up, mortgages have gone up. Just when you think ‘oh, okay, I can do this,’ then something else goes up and you think ‘oh my God,’” Coleen explained. “Money that I make literally goes straight out on bills, the mortgage, like everyone, and insurance or whatever.”
Despite the impressive fee reportedly amounting to £3,000 per episode as reported by The Sun in 2020, Coleen emphasized that her financial worries persist. “So although it looks like, wow, she’s got a lovely life, a lovely little farm, and it is lovely, and I know there are people a lot worse off, I’ve still got these worries. Especially at the moment, mine is the only income coming in,” she added.
The media personality has faced personal challenges in recent months. In January, she paid tribute to her sister Linda Nolan, who passed away at the age of 65 following a diagnosis of secondary breast cancer. “Linda’s legacy extends beyond her incredible achievements in music and entertainment. She was a beacon of hope and resilience, sharing her journey to raise awareness and inspire others. Rest in peace, Linda. You will be deeply missed, but never forgotten,” Coleen wrote in a statement to The Mirror.
In December, Coleen announced her breakup with partner of three years, Michael Jones, a supermarket logistics worker. Speaking to OK! Magazine, she explained the decision: “We’ve decided that we would rather just stay friends, take it as a friendship, and, you know, it’s nothing to do with anyone else, it’s nobody’s fault. But I’m really busy and when I’m not really busy with work I’m busy on the farm and I feel personally that I can’t give time to everything. We still get along great and hopefully we can continue to be friends, who knows?”
This is not the first time Coleen has opened up about her financial concerns. Reflecting on her approaching 60th birthday, she told Closer: “I’m turning 60 feeling strong and confident, and quite proud of what I’ve achieved, especially in the past few years when I’ve achieved it on my own. Of course, I still lie in bed at night worrying about how I’m going to pay the bills, but it gives me the incentive to work hard, and that’s good.”
In September last year, Coleen shared details about her frugal upbringing with The Telegraph, revealing that she receives no income from her past music career. “It was always hard. We lived in a little terraced house in Blackpool and I later learned that my mum pawned her wedding rings to get us Christmas presents. But I never heard my parents moan. It made me grow up with a good appreciation of money,” she said. Reflecting on her time with The Nolans, she added, “We got paid a wage every week of £165. And I was 15, so that was quite a lot of money. We had all these people around us saying it was fine but we were ripped off. We sold 30 million records and didn’t end up with anything.”
Coleen Nolan’s honesty about her financial struggles highlights the often unseen pressures faced by public figures, despite their outward success and substantial earnings.