Meghan Markle and Prince Harry are allegedly running out of money months after they announced their decision to quit the royal family.

According to Life & Style, the Duke and Duchess of Sussex are also struggling to adapt to their new life as non-royals. It didn’t take Prince Harry and Markle very long to realize that being non-royals is tougher because they no longer have money.

A source told the tabloid that Prince Harry and Markle don’t have their own place in Los Angeles. And they are simply crashing at a friend’s pad in Malibu because they can’t afford their dream house right now.

“It’s as if Harry’s gone from His Royal Highness to he’s practically homeless,” the source said.

The insider also alleged that Markle has been teaching her husband how to cook. After all, the royal couple couldn’t also afford to hire a cook and a housekeeper.

But according to the rumor-debunking site, Gossip Cop all the claims made by the tabloid are incorrect. Even though Prince Harry and Markle are no longer considered as working royals, it is unlikely for them to be struggling with their finances.

Prince Harry and Markle are still working. However, they are no longer bound by the strict rules set by the royal family.

Prince Charles also continues to shoulder some of the royal couple’s expenses so it’s unlikely for them to have some financial problems.

Prince Harry and Markle also moved to Los Angeles just before President Donald Trump closed the border between the United States and Canada.

According to The Sun, the Sussexes are renting a $10 million mansion in LA while they are scouting for their permanent home. If the royal couple is struggling with their finances, they wouldn’t be able to afford such a pricey home.

And if money is tight for the royal couple, it is more likely for Prince Harry and Markle to move in with the latter’s mom, Doria Ragland. It is unlikely for the royal couple to crash at their friend’s pad because their privacy is of utmost importance to them.

A source told the publication that Prince Harry and Markle are holding off buying a permanent home in Los Angeles because the market is dive-bombing due to the coronavirus pandemic.

“So, they have tried to make life as comfortable as possible in their rented house and have found a wonderful complex away from prying eyes… It is accessible through two guarded checkpoints and prides itself on being ‘paparazzi-proof,’” the source said.