Toni Braxton has confirmed that she will collaborate with her sisters for a Braxton Family album.

In an interview with The Breakfast Club this week, Toni revealed that after much anticipation, she and her sisters--Tamar Braxton, Towanda Braxton, Trina Braxton and Traci Braxton have finally agreed on making an album together. 

"We are talking about that right now," Toni said.

On the morning show, she also discussed what its been like dealing with financial issues. 

"When you first sign a deal it's never going to be any money because you haven't sold any records...you have to prove yourself," she stated while killing any notion of artists raking in tons of money by stating how they only receive a portion of what's earned," she said. "You do a show; you do $100,000...an artist might come home with $20,000," she said. "The more it's cut up, it's distributed differently. It's the nature of how the industry works. I don't think people understand that."

The singer, who recently collaborated with singer Babyface for their Love, Marriage & Divorce album set the record straight on her recent purchase of $3 million mansion after filing for bankruptcy a few years ago.  As for the second bankruptcy filing, she said it was her health condition that made her financially irresponsible. 

"I have Lupus...My show in Vegas got cancelled and insurance wouldn't cover it, so I had to pay myself," she said. 

A new episode of Braxton Family Values will air on WeTv Thursday at 9pm/est.