Britney: Huge Spender
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November 6, 2007 – 11:33 am
Britney Spears has money to the skies and back; and she’s not afraid to use it either. 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.
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