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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121. $16,000 per month on clothes? don't get me wrong, i love clothes. Have a great wardrobe and all. But Get real. She doesn't even buy couture. Less we all forget, she is a public figure, and any outfit she buys for perfoming or publicity purposes are tax deductible. For $16,000 dollars she could buy up and entire Goodwill shop and still look better that she does now. Hell She could go to Target and dress better... hell for $16,000 grand in shopping you would think she could afford a couple of panties.

Posted at 12:10AM on Nov 2nd 2007 by Erica

122. It sounds like the sole recipient of Britany's Spears Foundation is Britany herself! Only a $500 contribution a month.... Wow, what a humanitarian!

Posted at 12:21AM on Nov 2nd 2007 by sueinwa

123. After all we all should care how she is helping to a charity Britney Spears Foundation-What a SHAME for that foundation!
How do you think she has all this millions??????????? certainly not from the forest.
Its from people who payed for concert tickets, buying her albums, and other stuff that she was selling to us. Its our money, so yes we should care if she gives a good portion of it to support charity that she is committed to. People paying for her concert tickets, albums were willing to do so, by believing that portion of it goes to a good cause and not for her entertainment that she is spending 102,000 $ a month.Wake up people is your money in her pocket.

Posted at 12:34AM on Nov 2nd 2007 by AR

124. $500 month on charity??? What a selfish bitch. I can't believe that I outspend Britney Spears in the charity department when my yearly income is almost 100 times LESS than hers. Absolutely amazing how some people have so much, yet care so little about others.

Posted at 12:43AM on Nov 2nd 2007 by Stacy

125. Ok so has anyone shopped in LA? This is how someone spends $16,000 on clothing.
Shiro crocodile tote: $12,300
Prada shearling jacket: $2,500
Ralph Lauren boots: $1,090
Cynthia Rowley shirt: $209
Dolce & Gabbana jeans: $295
Total = $ 16,394 and this is one outfit.

And as to why doesn't she just pay cash for the house? Most entertainers do not actually have $6 million in cash on hand, it is usually wrapped up in assets like property, cars, their own record labels, etc.
The money she is spending in all reality is hers to do with as she pleases, now that does not make it right in the public's eyes to just blow through it. Yeah she could be putting money into trust funds for the boys that not even she could access. This money in the trust accounts could be for the education of the child.
Kevin--- he needs to get a legitimate job that has nothing to do with her money and start to behave like a father in that respect, however of the two of them right NOW he is the childrens best option. Yes in my opinion he knew exactly from the moment he met her what he was up to, he knew he would marry her, get her pregnant, divorce her, and get financial support one way or the other.
Britney--- she needs to find that one person she can really trust and listen to them if they are really her friend and just not another mooch. She should take the time, get a good doctor to help her and not one that will just pill her up and who can get her better. She has most of the resources to accomplish this and be a fantastic mother, daughter, friend, and most of all be able to like her self everyday.
To all those upset about her charity or lack thereof just remember her advisors tell her what to do and after all Donald Trump did not get wealthy by being a humanitarian either. If this is the amount she can sleep with every night then so be it.
I also pose this question, why do we see it that all wealthy stars need to give,give,give? Is it really their responsibility to take care of the world? simply enough it is not.

Posted at 6:50PM on Nov 13th 2007 by Astonished

126. I AM WITH #110!!!! SHE DONATES DAILY TO THE "SHAR-FED" FUND!!!! ANYBODY THINK
OF THAT?? ALSO..WHEN YOU GIVE $$$ TO McDONALDS FOR A BIG MAC ,YOUR MONEY THEN BELONGS TO McDONALDS!!!; ITS NOT STILL YOURS!! .HER MONEY IS HERS !!
SHE SOLD THE PUBLIC AN ALBUM : THAT $$$ WAS "EARNED" BY HER!! SHES NOT
SPENDING "YOUR" $$$ ; SHES SPENDING "HER EARNED $$" AND IF SHES SOOO
DUMB , WHY IS SHE MAKING MORE $$$ THAN MOST WILL MAKE IN 10 LIFE TIMES??
THAT DOESNT SEEM TOO DUMB?? BURN!! ALL YOU BRIT HATERS!!!!
INSPIRED BY A 20 SOMETHING OLD GIRL OVER HERE,,SAD IF YOUR NOT.....SHE IS LIVING THE "AMERICAN DREAM"

Posted at 12:59AM on Nov 2nd 2007 by SUSAN

127. Most of her money will be going to legal fees. I'm a nobody and had to spend over $250,000 to get some kind of income. I was in the entertainment BUSINESS, but not as a performer, so I understand it. An old management company has just sued her. They smell that that the gravy train will be ending soon. I had many less legal problems than she does. She is not taking care of BUSINESS! Entertainment is a business like any other. I was in it for 25 years, so I know what I'm talking about. The only ones who will be happy after this - will be the lawyers. P.s. Britney check and make sure your pool is childproof for today.

Posted at 1:07AM on Nov 2nd 2007 by DIANE T

128. And how not to take seriously KARMA. Yes Britney you are going down with trouble after trouble because all you care about, is yourself. You were right Brit when you say in your song:
Its Britney BITCH!!! YOUR SATANIC VOICE and LAUGH is propably on all of us. You think you are smarter but at the end don't be surprise ending totally broke.
There is so many single mothers with ZERO FINANCIAL support and yet they are good mothers who don't chase hungry for sex and party. They can still be a good mothers with 2500$ a month. With all this money you don't even bother to give 10% of your monthly earnings to a charity and you expect from people to care about you?????????????When you dont care about people. Anyway Britney, are you SATANIST??? Your pic on your video with the prist and you as a trashy ho... is so evident of your satanic tendencies.

Posted at 1:08AM on Nov 2nd 2007 by AR

129. Why in the world does she even have a mortgage at this point? She should have been able to pay cash for a house by now...damn woman

Posted at 1:10AM on Nov 2nd 2007 by Irene

130. Irene, have you not heard about mortgage interest deduction on your tax return?

Posted at 1:20AM on Nov 2nd 2007 by DIANE T

131. Shar - Fed are people, not a charity. Try passing that one off to the IRS. Yes it is her money and she can absolutly spend it any way that she can. However, it is not unrealistic or even hateful to question someone who has so much, makes so much and then puts on a false altruistic face on for the public. Her charity, with her name on it is a joke. $500 per month is the equivalent of about $.50 for each other person on an average income. It is not even a wise amount for tax deduction purposes. Britney was a talented girl, and she is a shockingly bad adult. She lives in the spotlight, so surprise when this stuff gets out it pisses people off.
And if Britney is living the American Dream, Well then why doesn't she have custody of her children? Why is her Marriage in shambles? Why does she need to validate herself by with outrageous publicity stunts? Why did her Manager dump her? Her Agency dump her? Her Lawyer dump her? No she is not dumb, she is pathetic.
At the end of it all she will die, just like all of us. It doesn't matter at that point if you were a janitor of a superstar. What matters is the quality of life that you have led and the people who love you.
This woman is so not the American Dream, She is the American nightmare.

Posted at 1:22AM on Nov 2nd 2007 by Wow

132. $102,000 for Starbucks and gas??? As far as I can tell, that's the only entertainment she engages in on a regular basis. They must charge a HELLUVA a lot more for coffee and go-go juice in Malibu than in the rest of the Continental United States.

Posted at 1:23AM on Nov 2nd 2007 by Whateva

133. Irene#129 read #109 and you will understand why.

Posted at 1:26AM on Nov 2nd 2007 by AR

134. Yeah, I love how her fans keep saying she's passed every drug test. No one even knows if she has. The judge ordered that ONLY approved parties can received this info.
The Judge, lawyers, Brit and Kevin are the only ones approved. Anyone else will be fined $2500.00 if they tell.

Posted at 1:30AM on Nov 2nd 2007 by DIANE T

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

This is for DP if she/he's still here...... there's a great place to get a variety of name brand shoes for basement prices... i'm not affiliated in any way just a seeker of good buys myself. check out Grapevinehills dot com - excellent shoes - great bargain prices, I swear!

Posted at 1:44AM on Nov 2nd 2007 by are you serious?

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