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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106. If she gave more than 500 per month to charities would that change peoples opinions of her?? I'm so sick of the handout all the time. I have to say that this whole record should be sealed and shame on the Ca courts for not protecting the parties involved especially in a child custody case...take it to a higher court, any judge or commish or whatever this guy is should not be judging a case because of what he saw on TMZ.. all I ever saw was a girl being stalked by the media, trying to get her coffee, even the hit and run, she asked for the security guy and she was told they would handle it. How many times has you tapped someones car, saw nothing much wrong and left?
I see a victim in the case and its Britney, getting run over by her Ex the paps, her mom, her friends, If she is soft..well no wonder why...now she cant get out of there if she wanted, thats where her kids are....
she should....leave town for awhile, get her head together, then get the kids, Brit--even when you fly in a plane they say put your mask on first then your childs...take care of yourself..other wise what good are you to anyone...

Posted at 11:15PM on Nov 1st 2007 by lottalynn

107. ### 42 You can take it off your tax return this way. Brad and Anglina spent 100,000 amonth for rent. They don't get any thing back on that.

Posted at 11:05PM on Nov 1st 2007 by mc

108. Its Britney BITCH.
After all its true she is a BITCH. All about herself. It shock me that she gives to a charity 500$ If she make a 737,868 per month then 10% of it is simply 73,868$. 1% of what she makes per month is 7,378 and 68 cents. Shame on you Brit you dont even bother to support your charity to give 1% of what you earn a month. Not even half %.
When you dont care to support of what you are committed to ,DON'T be surprise when people don't support you.Your statement in a radio interview with Rayan was about people how cruel they are . How about You? You deserved the same treatment as you treat others. Good for you Britney you deserve all

Posted at 11:02PM on Nov 1st 2007 by AR

109. 102,000 /mo on entertainment. Breakdown 65k on coke, 10K on mushrooms, 27k on booze & lap dances.

Posted at 11:09PM on Nov 1st 2007 by chas

110. Wow! It's scary how there's no privacy in this world. How can it be legal for this kind of personal matter to be disclosed for public knowledge?

Whatever messed up (or not) spending habits they might or might not have, it's THEIR money and their business, alone. Who is anyone to judge what they do with their own money? IT'S NOT OUR BUSINESS! How would you like your spending habits announced and judged before the world?

Yikes! If anyone wanted to, they could dig up that information on each and every one of us. Disgusting.

Posted at 11:14PM on Nov 1st 2007 by Gypsy

111. ###106 Her money is ib investments, from when she was young. She may be getting money off of money in saving or what ever.

Posted at 11:14PM on Nov 1st 2007 by mc

112. you go # 7 its all about money:)

Posted at 11:13PM on Nov 1st 2007 by sls

113. Britney made the money she like all of us should be able to spend how she wants.And she does give to charity is called the SHAR-FED FOUNDATION.

Posted at 11:13PM on Nov 1st 2007 by Count down

114. These financial disclosure statements were done back in May. Britney carries mortgages instead of paying cash, because she gets a mortgage interest deduction on her tax return. I'm positive that SHE didn't plan out her financial management, but someone responsible did. I, too, don't believe she has any sense of the money she spends, but someone is handling the details for her. I'm sure they'll tell her when she's about to run out of money. That might happen after she gets finished with all her legal problems. I wonder if she took time to check that her pools were childproof for tomorrow?

Posted at 11:13PM on Nov 1st 2007 by DIANE T

115. It would be great if Shar and Fed-Ex got back together.

Heck, if my husband was able to knock up some kajillionair dumb-ass, pop-tart, I'd say, "Go for it, Honey! I'll see you back in a couple of years after you settle alimony and we can roll in it."

Ay te wacho, Camacho!

Posted at 11:59PM on Nov 1st 2007 by Gypsy

116. With any luck, she'll spend the balance on an overdose and we'll never have to hear about her again.

Posted at 11:30PM on Nov 1st 2007 by Narcissa

117. The papers listed Shar Jacksons rent at $5,400/mo. How long has that been going on? I guess when you marry a poor guy, you take on his baggage.

Posted at 11:38PM on Nov 1st 2007 by SuzQ

118. No matter what anyone thinks of Kevin Federline, I found him much more restrained then I expected in his spending. He doesn't seem nearly as spendy as she (yes, she has more money - obviously, but the amount she spends is astronomical!) And no, I don't pay $400 on shoes/boots, etc. I don't know that I've ever spent more than $30 or so for shoes, and those are the nice ones.

But, as others have said - she earns here money, and it's up to her how she spends it.

Posted at 11:38PM on Nov 1st 2007 by DP

119. #115...you ask, "If she gave more than 500 per month to charities would that change peoples' opinions of her?" For me, the answer is, "yes, it would". I've always been a Brit fan, and I'm terribly disappointed to learn today that she is so stingy to charities. My support of her has faultered somewhat in learning this news. With her considerable wealth, she could use a portion of that to make the world a better place in helping needy families, or in supporting medical research and social causes. Sadly, she's not doing much, if this report is any indication.

Posted at 11:39PM on Nov 1st 2007 by TMZ reader

120. Those responding that she can do what she wants need to become an adult.

Those were figures she used for tax purposes and we all know they do that so they can charge it off as business expenses and a tax writeoff thus it is our business as she is ripping off taxpayers.

Posted at 12:06AM on Nov 2nd 2007 by Hidetheweine

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