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.

Reader Comments

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91. Listed as an expense by Federline on page 16 --
6525-001 Rent - Shar Jackson 5400.00 (current month); 28500.00 (year to date).

Posted at 10:06PM on Nov 1st 2007 by wendy

92. Over 100 grand on entertainment, 16 k a month on clothes (although you'd never know it by the way she dresses) and a wopping $500 a month on charity. What a heart of gold! I don't even know how a person can spend so much on clothes in a month, how many outfits can she wear in a month. Maybe she should buy some clothes for poor people who really need them, coats and shoes. There are a lot of kids here in America who could use a new coat. She truly is a shallow peice of crap

Posted at 10:13PM on Nov 1st 2007 by gossip fan

93. Are you kidding me 16K on clothes? The clothes she wears look like they came off a cheap discout rack. That is unbelievable. That amount has to include clothes she buys for Alli and Sam. Yes, it is her money to spend as she see fit, but the amount she spent on clothes, ugly clothes at that is outragous.

Posted at 10:11PM on Nov 1st 2007 by Dontclaimtobeperfect

94. Ha-ha, I think it’s funny that Kevin pays only $800.00 a month to Shar for child support. If in CA, child support is 25%, then Kevin was only making $3,200.00 a month when the order was drawn. He certainly traded-up when he married Britney. Another funny thing is Brit’s lawyer’s argument that she should not pay spousal because Kevin chose to work at a losing endeavor. Kevin confirms this himself, when he says he is self-employed (40 hours a week), and has zero income from this. Too funny!

Posted at 10:12PM on Nov 1st 2007 by DIANE T

95. ummmmm, they aren't old enough for school yet, sorry to burst your bubble.

Posted at 10:16PM on Nov 1st 2007 by who cares?

96. I'm not a big fan of mothering skills, but will agree it's her money. She can spend it as she wants, she definitely earned it.

Posted at 10:16PM on Nov 1st 2007 by Tasha

97. So... COMMON SENSE how much do YOU give out for charity? are you mother Teresa?
And why isn't Kevin giving some charity? He spends 2000 in clothes right? Money that truly isn't his.
Give Britney a break and get a life...

Posted at 10:18PM on Nov 1st 2007 by Mange

98. I don't we should judge what either of them spends money on. She didn't rob a bank, she earned it, but we can laugh and laugh.

Posted at 10:33PM on Nov 1st 2007 by DIANE T

99. should be a tale of one working and one free loader. just proves the point = if one works one has money to spend.
helen

Posted at 10:45AM on Nov 2nd 2007 by helen anderson

100. For myself I don't really care about these 2 NUM-NUTS which he is a gold digger and she is the gold.Those rich kids,they will more than likely be just like there parents.

Posted at 10:41PM on Nov 1st 2007 by DiAnn

101. Hey JR #50, It's Youki again! Once again you made a good point!

Posted at 10:42PM on Nov 1st 2007 by Youki

102. Does anyone really think Brit even has a clue how much money she spends? Come on. She probably has a debit card and some credit cards she just whips out. Someone making 30K a year at the accountant's office is going over the bills and cutting the checks. She has the same appreciation for money as a four year old who thinks money magically appears out of an ATM.

Posted at 10:43PM on Nov 1st 2007 by Imelda

103.


WHAT EVER HAPPENED TO R E A L JOURNALISM!!!???
People are going to watch this show because IT IS tasteless and full of stupid gossip. People with brains watch CSPAN or CNN. There is a war, PEOPLE!

Posted at 8:49PM on Nov 14th 2007 by REG

104. Kevin confirms this himself, when he says he is self-employed (40 hours a week), and has zero income from this. Too funny!

Posted at 10:12PM on Nov 1st 2007 by DIANE T

Thanks Diane - I didn't really feel like reading the doc's - but that part was really worth the read - LMAO!!!!

Posted at 10:53PM on Nov 1st 2007 by are you serious?

105. ok - tmz - now explain how she earns 3/4 of million dollars every month without working. that's what i want to know!

Posted at 10:58PM on Nov 1st 2007 by stella

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