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ghetto fabulous stripper 

Most Strippers aspire to flaunt their newly hustled wealth. But as with most strippers they spend their earnings frivolously so quickly they can't make their rent or feed their children. They must report to their work place the next day and start all over again.
Dude 1: Did you see Infiniti, she spent her Jack on Champagne, perfume, weed, junk food, lingerie, and high heels. She has no money left bro. And rent is due next week.

Dude 2: No worries man. She's living the life of a ghetto fabulous stripper. She'll make that green again tonight , that's for sure!

Ghetto Fabulous 

being on food stamps, section 8 and welfare you have your nails ,and hair done in the latest weave,a large Gucci purse.You give your man your food stamp card to slide so you can say he takes care of you. He has on Jordan's (that you bought him) and your kids are walking around bare foot with a heavy diaper.
"Hey girl I seen your new J'z, even tho you on food stamps you living ghetto fabulous!"
Ghetto Fabulous by Rebecka Wicker October 19, 2008

Ghetto Fabulous 

To be hood and fabulous. To live in the "hood" yet drive a Mercedes, rock a Rose Gold Jacob, and sport the latest designer goods. In other words Livin good in the hood....the true and exact definition.

Can be equated with inappropriate spending on depreciable items instead of items that build wealth.
Did you see Don whippin that bentley, playboy is straight ghetto fabulous
Ghetto Fabulous by Safir October 14, 2006

ghetto fabulous 

Referring to the style of nouveau riche people who have grown up in ghetto or urban areas. The combination of bad taste,an urban aesthetic and desire to wear one's wealth. Basically, high priced but tacky clothing and accessories.
People with million dollar homes decked out all in black, gold and black glass.The expensive version of cheap Korean store furniture.

ghetto-fabulous

the term for a quality of living which exceeds the urban squalor common to most ghettos.
as in "Did you see kenny's new rims, dog? That fools living ghetto fabulous"
as in "Did you see Kenny's new rims, dog? That fools living ghetto fabulous"
ghetto-fabulous by Ken Squires January 15, 2004

ghetto fabulous 

when a person from the ghetto gets money, he or she tends to buy expensive things that any other rich person would not. such things and such people are ghetto fabulous.
that lowered '74 cutlass supreme on dubs sure is ghetto fabulous.
ghetto fabulous by shmee April 30, 2003