Snooki says The Situation is broke as a joke

Nov 3, 2011 at 9:00 p.m. ET

Despite earning a small fortune thanks in part to the hit reality show, Jersey Shore, Mike Sorrentino, aka The Situation, is now penniless according to his co-star.

It looks like buying all of that swag gear and dropping a serious amount of money on a new Maybach might have not been a good idea for Mike Sorrentino. According to his co-star Snooki, Sorrentino's bank account looks the same way it did from a few years back and before he rose to fame as part of the hit MTV show, Jersey Shore.

Snooki, real name Nicole Polizzi, recently revealed her housemate's dire financial situation during an interview with men's magazine GQ.

"Jersey Shore is going to end soon. I'm not going to spend money like Mike. He's already broke," she said.

Polizzi also added that she has been saving her earnings so she can support herself when the show finally comes to an end. The pint-sized celebrity says she wants to pursue a veterinary technician license and is even returning to the same institution she was studying at before she was picked to be part of the cast for Jersey Shore.

"It's a small school, they have a great vet tech program and it's cheap," she said.

The frugal fashionista also added that she doesn't splurge on her wardrobe the same way some of her housemates do. "I don't care. My entire outfit is probably like 50 bucks total."

We have to give Snooki some credit here. Not only is she the most bankable Jersey Shore star, but she's perhaps the smartest one of the group, too.

We can only wonder what Sorrentino is going to say the next time he sees Polizzi. Maybe he'll ask to borrow 20 bucks?

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