Toni Braxton and sons

Toni Braxton Talks Bankruptcy, Playboy, & Her Health on ’20/20′

Toni Braxton was in the spotlight on last night’s “20/20.” The Grammy-winning diva opened up about her two bankruptcies, posing for Playboy, and her medical conditions.

The 45-year-old singer, who was addicted to spending money on high-end goods for her home, has became more cautious in recent years. “I have to monitor myself ’cause I’m definitely on a budget,” she said.

She also debated posing for Playboy when times got rough, but decided against it because of her sons. “What are their friends gonna say?”

One month after she renewed her contract for her Las Vegas show, she was diagnosed with Microvascular angina and later Lupus. “The doctor told me I would never be able to perform,” said Toni, who defeated the odds.

When asked why her last three albums didn’t sell as well, she laughed, “That’s like a one-night stand that you don’t want to talk about.”

Watch Toni sit down and share some candid confessions.