Britney is a Big Spender
by 
Gilad on November 4th, 2007
Last week court had released the hold over financial information of both Britney Spears and KFed and it appears as if the rumors of Britney being a big spender (and big earner) are absolutely true.
According to financial documents obtained by EXTRA, each month Britney spends hundreds of thousands of her $737,000 monthly income.
The pop star spends $49,267 in mortgage for two homes, $16,000 for clothes, $4,758 on food and $102,000 on entertainment, gifts and vacation. She doesn’t save any of it, and she spends nothing on education and investments. She does, however, give $500 a month to charity.
She pays Kevin Federline $15,000 per month in child support and $20,000 in spousal support. Those spousal support payments end Nov. 15.
When it comes to KFed, the expenses seem more down to earth considering he makes a lot less as well.
KFed spends $7,500 per month in rent, $6,000 in security and $2,000 for clothes. He also spends about $5,000 on entertainment, gifts and vacation and just $1,500 eating out.
Kevin earned more than $500,000 in 2006 from entertainment and endorsement deals, but after business expenses he grossed just $7,436.
And the funny part? KFed made only $3,300 in royalties for his 2006 debut rap song, “Popozao.”
Tags: Britney Spears, Dollars, kfed, Money, Shopping, Spending| 2.5 |
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POSTED IN: Rumors & Gossip
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