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Fame & Fortune: Marie Osmond

Marie OsmondAt 49, Marie Osmond has endured a lot of public and private pain, most notably her postpartum depression. Born Olive Marie Osmond in Ogden, Utah, into the Osmond family of entertainers, she debuted with her singing and dancing brothers on "The Andy Williams Show" at the tender age of 3. When she was just 12 years old, she recorded her first single as a solo artist, "Paper Roses." It became a No. 1 country hit and was a great crossover success.

Along the way, she married and divorced twice and had eight children. At the same time, she and brother Donny embarked on "Donny & Marie," a variety show that ran from 1976 until 1979, and a talk show that aired from 1998 to 2000.

The actress, singer, doll designer and best-selling author made a splash on last season's "Dancing With the Stars," coming in third place. It was also during her "Dancing" run that Osmond's father, George, died at age 90, but she continued the competition in her dad's memory.

Now, Osmond is in the middle of a two-year contract to entertain and perform at Las Vegas' Flamingo after the April release of "Might As Well Laugh About It Now." It follows "Behind the Smile," her 2001 book chronicling her experiences with postpartum depression. Here, she talks with Bankrate about her life.

Bankrate.com: Hitting the 50-year mark in October, do you think there are pros and cons to aging?

Marie Osmond: Well, as you age, hopefully you gain more wisdom. But I think the minus there is that you age (laughs). You have to be comfortable in your skin to age properly. I see friends who are so panicked because the media gives this illusion that unless you look 20, especially in Hollywood, you're over the hill! That is so wrong to me because there are so many brilliant women out there. If you stop growing in your 20s and you try and stay there, you'll never age right. ... A lot of my stuff that I hold valuable in my life -- and you can call it "stuff" -- is the basic common sense that a great mother taught me. People ask, "Did you have a stage mother?" and I say, "Absolutely. She was a stage mother. She was there for every stage of my life."

Bankrate.com: Your career is on a grand level once again. Do you feel financially stable at this point in your career?

Marie Osmond: A prenup would have been a good idea (laughs). So no, absolutely not. I'm the breadwinner. I have eight children. So when can you ever say in this economy -- and me, in my work -- that I'm financially stable? I'm grateful that I'm still working, are you kidding me? I'm like a lot of women out there. And with my tax situation, 60 percent to 70 percent of my income is gone from the minute I get it. That's the way it is. Am I complaining? No. My life is wonderful, and I'm very blessed. But I do understand women out there who are struggling, and I do understand why women stay in a bad relationship, because, financially, it's better to stay in one than to get out of one.

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Bankrate.com: In these economic times, what would you tell women about how to make it through financially strapped times?

Marie Osmond: Teach your kids to work. We don't owe them anything except to teach them to work. The reason I had the courage in my life is because my mom and dad taught me to work and never be afraid to fail. What's the big deal? So you tried something and you failed. The bigger failure is in the fear that builds up inside of you of never knowing if you could have succeeded. (The biggest thing) I did wrong with my older children, because I was a working mother and I was the provider for the family, is I would buy them things to compensate for my insecurities of being gone. That is the stupidest thing we can do as mothers because you cannot buy your children's self-esteem. We have to work to earn it.

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