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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46. 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

47. 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

48. $500 a month on the britney spears foundation... woh britney, 750,000 a month profit with no CD out, and you give THAT much????? HOW CAN YOU AFFORD IT???

typical, selfish, drugged up celeb. I pray for them both, he seems so much more mature than her, which is scary, aint it? lol... and before some psycho Brit fan yells at me, yes, I give about 5% of my income to charity, she gave less than 2/10 of one percent.

Posted at 1:38PM on Nov 2nd 2007 by dale

49. ...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

50. 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

51. 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.

52. Does a court order exist for Kevin Federline to pay Shar Jackson child support? As far as I know, there isn't one. He doesn't have the common decency to guarantee legal and binding support to his older children, but Brit's kids, he wants? Kevin shouldn't use Sean and Jayden for cash. They had a prenup that Kevin signed before they married. Kevin got millions more off Britney in the divorce settlement just for his signed and sworn agreement to joint custody. One week later is when he sued for full custody. I am sick of seeing Britney Spears suffer. She never hurt her kids. No one is perfect.

Posted at 8:58PM on Nov 1st 2007 by finally.....

53. So much for charity begins @ home.....that kind of income and only $500 a month to charity? Karma is a bitch!!

Posted at 9:04PM on Nov 1st 2007 by rminva

54. It's her money, she can do whatever she wants. she clearly can afford it. She worked hard, let her have fun!

Posted at 9:16PM on Nov 1st 2007 by becky

55. Why the hell is she paying almost $50k/mo for a mortgage payment when she's worth WELL over $100 million? The only way that I can understand doing that is if she has her money invested in a way that its earning more invested than the interest rate on her mortage(s), which I HIGHLY doubt. For the love of god, PAY CASH! Its not like she needs credit, but she can keep her credit in check by charging her clothes, groceries, gas, etc on her credit card and paying them off IN FULL at the end of each month before the interest charges are applied.

Posted at 9:00PM on Nov 1st 2007 by Shannon

56. entertainment: roughly 100k
CHARITY: 500 DOLLARS??????????????????????/
OH MY DEAR SWEET LORD.
THIS BITCH RAKES IN 700,000 A MONTH AND SPENDS 500 DOLLARS ON CHARITY????????????????????????!!!!!!!!!!!!!!!!!!!!!!

SOMEBODY SHOOT THIS BITCH PLEASE.

Posted at 9:06PM on Nov 1st 2007 by COMMON SENSE

57. Is it really any of our business how these people sepnd their money? Did I read it anyway? Yeah! And what's with the comments about not having spent any of it on education? Does anyone really think they would go to school of any kind? Get real people. If I had that kind of money I'd spend that much on clothes too. I made the wrong choice. She went in to show business and I worked for doctors!

Posted at 9:07PM on Nov 1st 2007 by kokomo

58. entertainment: roughly 100k
CHARITY: 500 DOLLARS??????????????????????/
OH MY DEAR SWEET LORD.
THIS BITCH RAKES IN 700,000 A MONTH AND SPENDS 500 DOLLARS ON CHARITY????????????????????????!!!!!!!!!!!!!!!!!!!!!!

SOMEBODY SHOOT THIS BITCH PLEASE.

Posted at 9:07PM on Nov 1st 2007 by COMMON SENSE

59. entertainment: roughly 100k
CHARITY: 500 DOLLARS??????????????????????/
OH MY DEAR SWEET LORD.
THIS BITCH RAKES IN 700,000 A MONTH AND SPENDS 500 DOLLARS ON CHARITY????????????????????????!!!!!!!!!!!!!!!!!!!!!!1

SOMEBODY SHOOT THIS BITCH PLEASE.

Posted at 9:08PM on Nov 1st 2007 by COMMON SENSE

60. entertainment: roughly 100k
CHARITY: 500 DOLLARS??????????????????????/
OH MY DEAR SWEET LORD.
THIS BITCH RAKES IN 700,000 A MONTH AND SPENDS 500 DOLLARS ON CHARITY????????????????????????!!!!!!!!!!!!!!!!!!!!!!1

SOMEBODY SHOOT THIS BITCH PLEASE.

Posted at 9:08PM on Nov 1st 2007 by COMMON SENSE

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