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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31. I hate to say it, but it's her money - she can do what she wants to with it.

Posted at 8:03PM on Nov 1st 2007 by Cora

32. Wow, a whole $500 a month for charity.....what a humanitarian!

Posted at 8:02PM on Nov 1st 2007 by Anyone

33. So by my calculations Kevin spends around $15,650 a month out of $20,000 but no where in there is it listed how much he pays in support to Shar, leaving him with $4350.00 to either put away for his children, and Britney spends $184,802.00 out of $737,868.00 leaving her with $553,066.00 to hopefully put away for her childrens future.

Frankly she earned the money so how she spends it should be up to her. That other bum didn't work but half a day in his damn life and according to his finances he's still a broke ass white boy with no class and way to many children to feed to find anyone decent to shack up with this time around.

This just proves to me that the only reason he's fighting for custody now is to maintain his lifestyle. I mean really even with the $15,000.00 support payments for the children he's still going to be $650.00 in the hole and thats not counting his other financial obligations to Shar......

What a looser K-Fed is.

Posted at 10:39AM on Nov 3rd 2007 by The Princess

34. Britney could spend what she wants. IT'S HER MONEY. Now K-fed only get child and alimony which =35K a month from Britney....Nov 15 she no longer has to pay him alimony. so that just leaves him 15K of the child support....the 2,500 he pays out in child support. ...does that come out of the money Britney pays him because he doesnt have a JOB....when Britney stops paying alimony on the 15th. will Kevin use the child support money to pay the OTHER kids child support.?

Posted at 8:04PM on Nov 1st 2007 by Count down

35. 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

36. un-fitney betta have somethin up her sleeve or she will fade out, go broke, or maybe in 15 yrs try to make a comeback on MTV's Surreal Life.. her new album is so techno, but not horrible... LEAVE BRITTNEY ALONE!!!!!!!!! ...............yea.. like that will happen...her jugular is exposed...... pooor rich kid.. ha

Posted at 8:06PM on Nov 1st 2007 by gunt

37. 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

38. 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

39. 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

40. 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

41. >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

42. 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

43. 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

44. 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!

45. 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

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