Britney And K-Fed's Finances Revealed: $50,000 Mortgage, $102,000 A Month On "Entertainment" And More

First Posted: 03/28/08 03:45 AM ET Updated: 05/25/11 01:15 PM ET

Britneys Finances

AP:

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.

Read the whole story: AP

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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 in...
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 in...
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HUFFPOST SUPER USER
starrianna
01:29 AM on 11/03/2007
If she is worth $100 million, why does she HAVE a mortgage?

Oprah would say "Girl, you be some white trash honey"
11:32 PM on 11/02/2007
How Interesting?
06:19 PM on 11/02/2007
.
"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."

What BS. WHERE ARE THE IRS AUDITORS WHEN YOU REALLY NEED THEM????
.
HUFFPOST SUPER USER
SweetJudith
04:29 PM on 11/02/2007
No trust funds for her children?
12:17 PM on 11/02/2007
Doesn't media have any thing better to do than pursue meaningless "news"? Alleged Free press is turning into a propaganda machine for Bush and trying to divert attention from real news by diversionary entertainment junk.
HUFFPOST COMMUNITY MODERATOR
JScott
John Galt's last name is McGuffin-Smithee
10:17 AM on 11/02/2007
Hate to say it but it fits the stereotype-
but white trash knows nothing about managing their money.
10:12 AM on 11/02/2007
I think she can afford the child support. And why is she paying mortgage payments on two homes when she spends most of her time in clubs, hotels and her car? 16000 for clothes. Most of the crap she wears looks like she pulled it out of the dumpster behind a strip joint. No savings. Guess she doesn't have a finacial advisor either.
09:34 AM on 11/02/2007
Her latest album will cover all of that with extra to spare.

What talent do you have pangardenguru...typing?