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

Reader Comments

(Page 3 of 16)Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

31. That is outrageous! Oh well even her money will dry up one day. $16,000/ month and she always looks like the bottom of a thrift store barrell? I could shop at thift stores and still look better tahn her skank ass. What is spent on the children except to get someone else to watch them. They both sux!!!!!!!

Posted at 8:10PM on Nov 1st 2007 by What

32. Question? of the $102,000 on "entertainment" how much of that went to her drug dealer and up her nose? and her utilities dang!!!!!

Posted at 8:11PM on Nov 1st 2007 by Question

33. no wonder K-fed was in a rush to get the kids .. his Spousal support was going to run out soon .. he needed another way to get money for doing Nothing .. His poor Kids .. he didn't want them till he was out of money!! Some dad huh!!! damn gold digger

Posted at 8:16PM on Nov 1st 2007 by Kayan Phoenix

34. What is the point of earning all that money if you can't enjoy it?

We all knew K-fed doesn't have an income, doesnt' have job either so that's no surprise.

tsk tsk you are such a mean girl TMZ

Posted at 8:16PM on Nov 1st 2007 by dusty

35. HOW IS THIS ANY OF PEOPLE BUSINESSS.....WAT HAPPENEDTO PEOPLES'S PRIVACY...I THIK THIS IS NONE OF OUR BUSINESS

Posted at 8:16PM on Nov 1st 2007 by natalia

36. Who the hell has all that money and has a mortgage? She can't afford to spend $6 mill for a house? Oh, never mind. "It's Britney bitch". lol

Posted at 8:19PM on Nov 1st 2007 by Me

37. >she can spend it however the hell she wants

That's true, and apparently she does. However, a little perspective ... her spending behavior (which does seem to align with her social behavior) do characterize her.

In percentage terms of her $365K stated income, 1/10th of 1% for charity (others less fortunate) versus 5% on entertainment & clothing (self) speaks volumes. Me, me, me ...

I'm assuming performance clothing and appearances are allocated from a business account versus the personal account for tax accounting purposes.

I have considerably less income (much, much closer to K-Fed's than Brit's) and I outspend her in charitable contributions by 400%. But then, that's as much about upbringing as character.

Posted at 8:23PM on Nov 1st 2007 by Curtis E. Mayle

38. THE SUPPORT MONEY OF 35K A MONTH IS WHAT THIS LEECH LIVES OFF. and people still say he wasn't and isn't in this for the MONEY..Rightttt...No cash Flow. talk about a low down busted,
broke a-s-s wanna be rapper turn daddy of the year.Yes All men should be such good daddy's !!!!

Posted at 8:26PM on Nov 1st 2007 by Count down

39. O by the way, this also gives proof that K-fed uses Money given to him by Britney to Pay his child support to Shar. So Shar, Your being kept by Britney sweetie. Remember that the next time you make a rap song.
They should of had you on the VMA"S ,
So that you can pay your WAY all day.!
New Body New B00bies
But the hate dont go away
because your being paid by
It's Britney Bi-t-ch

Posted at 8:35PM on Nov 1st 2007 by Count down

40. To bad they didn't included his premarital financial information. It would really shine light on why he wants custody of these children so badly. You didn't see him spending all this one on one time with the babies pre-split.

Posted at 8:41PM on Nov 1st 2007 by It all makes sense...to them

41. Does it really take that much child support to raise a child? $20,000/month is outrageous... it better all be spent on the child. http://www.imdb.com/name/nm2181126/

Posted at 8:42PM on Nov 1st 2007 by OhReally!

42. As a Brit fan, I'm pretty disgusted that she only contributes $500 a month to charity, but spends $102,000 a month on gifts, vacations, and entertainment! Her priorities are all screwed up.

Posted at 8:43PM on Nov 1st 2007 by TMZ reader

43. ...these r JUST #'s accountants and lawyers cook up!!!!......I highly doubt Britney has a clue abt her financial portfolio ...must be a nice acc't to have though for some firm..hope they r on the up and up with this cause the IRS must be right around the corner ready to come knocking!!!.....what a mess!!!!!!!!!!!!!!!!

Posted at 8:46PM on Nov 1st 2007 by jr

44. hey someone needs to stay home with the children, and that means staying home and taking care of the children. Leave him alone!

Posted at 8:49PM on Nov 1st 2007 by Victoria

45. To find out some one's privacy finaces are not illegal to the nosy people. One time,my ex boyfriend told me he found out all about my husband's fiances through the credit report by US Search before reunion party. I really was not happy about it. I tried it myself I was very surprised to see how much information the public can give to other people , especially in the techonolgy age. Just pay the price to get the information. And, I think that 's what happened of how TMZ (pay the price) get the credit report or fiances report through some where- company, a secret source. It is only guess how TMZ get the information.

Posted at 8:52PM on Nov 1st 2007 by Julie G.

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