08/08/2012 03:04

By Natalie Finn

Joss Stone may not have made the Sunday Times "Rich List" this year, but she's not exactly barefoot in the streets.

Well, the barefoot part might be true.

But as for supposedly telling the Daily Mail that she was broke, Stone exclusively tells E! News, "She misquoted me there. The thing is, to say I was 'flat down to nothing' is absolutely not true."

"I have a house, it's nice," the British songstress said, smiling. "I actually bought my family home...I feel safe in the fact that I will always have that home—and, really, what else do I need?"

What is true is that Stone shelled out quite a bit to buy out her contract with former label EMI. A move she tells us was totally worth it when it came down to pleasing the bean counters or having artistic freedom.