The reality TV personality made the comparison to the 'I Will Always Love You' singer when she admitted to having received death threats and been burgled since joining TOWIE.
"My life has changed so much and not all of it has been good," she told OK. "We never had any problems until I went into TOWIE, but some things have started to go wrong.
"This has all happened since I became famous. I feel so guilty for my family. My mum and dad have given me so much support.
"I understand what happened to Whitney Houston. People are like, 'It must be great to be famous'. It is, but they don't know how bad things can happen."
Childs said that her fears had been intensified after her former co-stars Billie and Sam Faiers were attacked by a girl gang in 2011 and Lauren Goodger saw her salon burned down last week.
"It would petrify me to be on my own," she said. "I'm scared. I don't like saying it, but I am. You become paranoid, afraid to go out."
View a gallery of Whitney Houston's music career below: