The spending habits of Britney Spears and Kevin Federline

couple.pngI am IN AWE at what these two morons spend in a month. Check it out:

Court papers released Thursday in Britney Spears’ custody dispute with Kevin Federline show she spends lavishly on clothes and entertainment, and doesn’t save or invest any of her roughly $737,000 monthly income.

Spears’ monthly expenses include $49,267 in mortgage for two houses, $16,000 for clothes and $102,000 on entertainment, gifts and vacation, according to her financial declaration.

Although she’s often photographed eating fast food, Spears declares she spends about $4,758 per month dining out. Meanwhile, she spends zero on education, savings and investments and gives $500 a month in charitable contributions, the documents said.

She has to pay her ex-husband $15,000 per month in child support and $20,000 in spousal support. Spousal support will end Nov. 15.

As for Federline, his biggest monthly expenses include $7,500 in rent and $6,000 in security, according to his financial declaration.

The dancer-turned-rapper has a comparably modest monthly budget for clothes _ just $2,000. He also spends about $5,000 on entertainment, gifts and vacation, and $1,500 eating out.

Federline earned more than a half-million dollars in 2006, mainly from entertainment and endorsement deals, but after business expenses only grossed $7,436 that year. He receives $15,000 per month in child support.

Seriously, WHAT THE HELL. NO money in savings, NO money in investments, and a paltry $500 a month to charity? Good Lord – if I was making that much bank, Charles Schwab would be my new best friend, right next to T. Rowe Price. You’ve got to be kidding me.

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    • bigfan

      Britney is currently financially difficult! Her profile was found on millionaire dating site last week! It is said she is dating a very wealthy young man!

    • Miss Prozac

      OMG! That is incredible nearly $0.75m monthly income and she fritters it away. Miss Prozac volunteers to be her banker

    • SoulHunter
    • Miss Prozac

      What the hell indeed. As it turns out this story is completely wrong!

      Turns out Brit saves about half that money each month and has investments of $33m in stocks and bonds as well as equity in the houses etc.

      A bit of fact checking before snarking? Brit is independently wealthy…

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