Celebrity Justice
Brit & K-Fed -- A Tale of Two Bank Accounts

TMZ has obtained documents from the Brit/K-Fed divorce, and it's pretty interesting to see who has jack and who spends it.
Britney Spears K-Fed
TMZ first reported Brit earns an average of $737,868 per month. Here's how the popwreck spends some of that cash.

The financials, she submitted in May, 2007, show Spears spent an average of $102,000 a month on entertainment, gifts and vacations. K-Fed spent 5 grand a month on entertainment and the like.

Brit dropped 16K a month on clothes, K-Fed spends $2,000.

K-Fed spent $3,000 a month on insurance, including car and life. Brit spent $785 a month. K-Fed spent zippo on charity -- Britney, who operates the Britney Spears Foundation, contributed $500 a month.

Brit spent $10,250 a month on utilities -- gas, electric, water and trash (no, not her boyfriends). Poor K-Fed spent $650.

Britney's mortgage -- $49,267. K-Fed's rent (at the time he didn't own a home) was $7,500.

K-Fed, got $20,000 a month for child support, but we've learned that amount went down to $15,000 a month. That, however, could change now that he has sole physical custody. K-Fed dropped $2,500 a month on child care. Britney spent $6,000 for the same.

By the way, as we first reported, K-Fed is getting $20,000 a month in spousal support, but that runs out in two weeks.

BTW, both spent a big zero on education.

Filed under: Celebrity Justice, Britney Spears, K-Fed


Reader Comments

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61. What is left to "report"??? Brit's $102,000 on entertainment, gifts and va'ks - I'm sure isn't all for her - she pays for her assistant(s) and Lufti also, I would assume. That adds up. $16,000 on clothes - you may not like them but other than her halloween costumes, she has been wearing less revealing clothes - if I pay $400+ for a pair of boots, I'm sure she pays thousands - ever shopped in the area that she shops in??? Whatever ... it is HER money. And, do we really know if this is even remotely accurate?

Posted at 9:12PM on Nov 1st 2007 by snowbird

62. entertainment: roughly 100k
CHARITY: 500 DOLLARS??????????????????????/
OH MY DEAR SWEET LORD.
THIS BITCH RAKES IN 700,000 A MONTH AND SPENDS 500 DOLLARS ON CHARITY????????????????????????!!!!!!!!!!!!!!!!!!!!!!

SOMEBODY SHOOT THIS BITCH PLEASE.

Posted at 9:07PM on Nov 1st 2007 by COMMON SENSE

Posted at 9:14PM on Nov 1st 2007 by COMMON SENSE

63. entertainment: roughly 100k
CHARITY: 500 DOLLARS??????????????????????/
OH MY DEAR SWEET LORD.
THIS BITCH RAKES IN 700,000 A MONTH AND SPENDS 500 DOLLARS ON CHARITY????????????????????????!!!!!!!!!!!!!!!!!!!!!!

SOMEBODY SHOOT THIS BITCH PLEASE.

Posted at 9:07PM on Nov 1st 2007 by COMMON SENSE

Posted at 9:15PM on Nov 1st 2007 by COMMON SENSE

64. It's her money, she can do whatever she wants. she clearly can afford it. She worked hard, let her have fun!

Posted at 9:16PM on Nov 1st 2007 by becky

65. #48 DOES IT REALLY TAKE 100,000 DOLLARS A MONTH TO ENTERTAIN YOURSELF WHEN THERE ARE PEOPLE OUT THERE DYING FROM CANCER T HAT NEED THAT MONEY FOR RESEARCH???????????

Posted at 9:22PM on Nov 1st 2007 by COMMON SENSE

66. Oh, she's having fun alright! Guys snorting crack off her chest, drinking vodka in a jakuzi with 10 guys.

Posted at 9:25PM on Nov 1st 2007 by AdamG

67. #69, SNOWBIRD, CREDIT CARD BILLS are accurate. They don't just give you a rough estimate at the end of the month. Do you have any knowledge of the reall world? I assume you are one of the stuid ones huh?

Posted at 9:26PM on Nov 1st 2007 by Reality

68. The rest of us might choose to spend differently, but fact is she "earned" it, so its her to spend how she wants. We might think that our friends spend what money they have stupidly, but fact is its there money.......K-Fed, should be happy he is getting what he is getting..considering he is getting it just because he married her.
The whole thing is really sad.....and the ones that will continue to suffer no matter who get them are the boys!

Posted at 9:35PM on Nov 1st 2007 by Oh well!

69. Britney worked to get money
Kevin not. He wants to take advantage of the Brit.
TMZ IS BEAST, MORON.............................

TMZ, LET BRITNEY IN PEACE

Posted at 9:41PM on Nov 1st 2007 by Yara

70. If you want to get picky... ALL the money is spent by Britney. "K-fed" doesn't bother to work, and lives off his x wife.

Posted at 9:43PM on Nov 1st 2007 by hello, it\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\

71. this whole thing is stupid. How they spend it is stupid but it's their business. I might do it differently but I have different priorities.

OF COURSE they didn't spend anything on education, at least not for those kids. Her kids are too young for "school" and anything less than kindergarten is legally considered daycare. Preschool = daycare=childcare =NOT education for accounting purposes. Thank goodness, because I get to write preschool off as a daycare expense for one more year. How old are her kids? 3 and 2 in September, right? Not old enough for education for this statement's purposes. Now, a little night school / university course for either of the adults (oh yeah, I'm using that term loosely) might not be a bad idea, but who am I kidding? Never would happen.

Posted at 9:48PM on Nov 1st 2007 by Jenn

72. WTF?????? As a Californian, I can tell you for a fact that CA state law is that a MAN is responsible for 25% of his monthly income for child support. That being said, why is she paying such a low amount with the size of her monthly income? Also, she is wealthy is all get up and the greedy bitch only gives out $500.00 a month to charity?

Posted at 9:49PM on Nov 1st 2007 by Tammy

73. Okay, in Brit Brit's statement, she has committed perjury. If she is using SAG and AFTRA health insurance, then she is required to pay union dues - at the very least, the standard minimums. She indicates in 10A that last month she didn't pay any union dues - but April is SAG dues month. Oops.

Posted at 9:52PM on Nov 1st 2007 by mike lamour

74. Her money she can spend it. Don't get green with envy it's a sin. Kevin is a pig.

Posted at 9:52PM on Nov 1st 2007 by Liana Fata

75. Hey do the math, Brit donates about 1/2 of 1 percent of her monthly income to her charity. The average person donates ten times that much to various charities.

Posted at 9:52PM on Nov 1st 2007 by Terry

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