Britney Spends Big, Court Papers Reveal

[vivfox]

Britney Spears Britney Spends Big, Court Papers Reveal
Nov. 2, 2007, 12:06 AM EST
The Associated Press

LOS ANGELES -- The pop princess is a big spender.

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.

After-hour calls to attorneys representing Spears and Federline were not immediately returned.

The documents also show Spears had to temporarily surrender custody of her sons to Federline because she defied a court order.

The pop star disobeyed the order when she was photographed driving Sean Preston, 2, and Jayden James, 1, a few days after the Sept. 28 order.

She was ordered Oct. 2 to relinquish her children "until further order of the court" when she wasn't able to prove compliance with Gordon's order, namely proof of a valid California driver's license.

http://music.msn.com/music/article.a...82213&GT1=7702

[Sarah]

Yeah, VH1's "The Fabulous Life Of" already revealed all this. Big deal.

[vivfox]

Originally Posted by Sarah

Yeah, VH1's "The Fabulous Life Of" already revealed all this. Big deal.

What about the people like me who don't have cable? How would we know?

[Sarah]

I think it's safe to assume that all pop tarts spend money like woah.

[mikeschmike]

$102,000 on entertainment

That's not a not considering how much of that "entertainment" is nose candy. Also, way to stash away money for the kids' college funds. Trashbag.

[JazmenFlowers]

my heart bleeds.

[carrie721]

Originally Posted by vivfox

What about the people like me who don't have cable? How would we know?

gee, i guess you'd just have to wallow in ignorance. what a shame.

[jannieC]

I'm a non-cabler too.

That is a disgrace (Britney's spending habits, not the fact that I don't have cable. Although that's kind of a disgrace in its own way). It's all relative, but still. What she spends on trivial stuff vs. what she's putting away for her children's education OR donating to charity (don't get me started on THAT) is just disgusting. Why am I so fascinated by this horrible person?

[estranged4life]

^^^
And people want to know why I despise the whole "celebrity" ideology that is currently so loved in this country...sheesh