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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76. TMZ messes with peoples life and here is PROOF just leave us alone. You go as far as to say TMZ photos helped in a case and are happy about it. Find someone else this story is old!!!!!

Posted at 7:32AM on Nov 2nd 2007 by tj

77. Wow. They are in pretty bad shape for all they happiness money can buy

Posted at 9:54PM on Nov 1st 2007 by Jennifer

78. this whole thing is stupid. How they spend it is stupid but it's their business. I might do it differently but I have different priorities.

OF COURSE they didn't spend anything on education, at least not for those kids. Her kids are too young for "school" and anything less than kindergarten is legally considered daycare. Preschool = daycare=childcare =NOT education for accounting purposes. Thank goodness, because I get to write preschool off as a daycare expense for one more year. How old are her kids? 3 and 2 in September, right? Not old enough for education for this statement's purposes. Now, a little night school / university course for either of the adults (oh yeah, I'm using that term loosely) might not be a bad idea, but who am I kidding? Never would happen.

Posted at 9:48PM on Nov 1st 2007 by Jenn

79. Britney worked to get money
Kevin not. He wants to take advantage of the Brit.
TMZ IS BEAST, MORON.............................

TMZ, LET BRITNEY IN PEACE

Posted at 9:41PM on Nov 1st 2007 by Yara

80. If you want to get picky... ALL the money is spent by Britney. "K-fed" doesn't bother to work, and lives off his x wife.

Posted at 9:43PM on Nov 1st 2007 by hello, it\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\

81. SHE WORKS HARD FOR HER MONEY WITH SO MANY PHOTOGRAPHERS AROUND HER EVERY SINGLE DAY.......................

K FED NEEDS A JOB!!!!!!!!!!!!!!!!!!!!! STOP MILKIN HER.....HE'LL BE UPSET WHEN THE KIDS TURN 18 YEARS OLD........HE ONLY WANTED THEM FOR THE MONEY AND FAME

Posted at 2:28PM on Nov 2nd 2007 by KARRIE

82. Her money she can spend it. Don't get green with envy it's a sin. Kevin is a pig.

Posted at 9:52PM on Nov 1st 2007 by Liana Fata

83. Hey do the math, Brit donates about 1/2 of 1 percent of her monthly income to her charity. The average person donates ten times that much to various charities.

Posted at 9:52PM on Nov 1st 2007 by Terry

84. OMG! Saving and investments are listed at ZERO!?! Also, Kevin's income is listed as zero as well, exept for the 20,000 in spousal support that ends on a couple of weeks. No wonder the bloodsucker is fighting tooth and nail for the kids. Britney - SAVE SOME MONEY GIRL - ALL GOOD THINGS COME TO AN END. As far as education money spent on the kids, they are babies, thats not a big deal yet. My kids started school at 3.

Posted at 9:53PM on Nov 1st 2007 by DJ

85. To #75 Reality. Yes, credit card bills are accurate. Does they both pay for EVERYTHING by credit card? I'm really not getting your point about the credit card thing. Maybe I should read the docs. Just wondering if "everything" is accounted for. E.g., under which category is kshiit paying his bodyguards? Is that part of child care, entertainment or maybe insurance? Is that put on a credit card? As far as her contributations to charity, if she "operates" The Britney Spears Foundation, she may put $500/mo into it each and every month, but being very familiar with foundations, someone who is running a foundation is incurring an enormous amount of other expenses related to it - check out some of what some of the sports personalities put into their foundations to keep them running - I know that first hand. Also, as we know, charity begins at home ... I read over and over how she pays for the expenses of family members, etc. Yes, I do have knowledge of the "reall" world - and, yes, I guess in your opinion I am one of the "stuid" ones.



Why are the people on this board always so belligerent? You saying that credit cards don't lie makes no sense in the context of the statement that I made.

Posted at 9:54PM on Nov 1st 2007 by snowbird

86. So now she can't even spend her money how she pleases? Damn people get a grip. How much do you give to charity? She has made every penny. If she wants to spend her money on whatever it is her right. What did K-Fed give for charity? $500 a month is not bad by the end of the year.

Posted at 9:56PM on Nov 1st 2007 by Crazy

87. to add . . . not that those kids could go to daycare or preschool anyway, the "press" makes sure of that. They don't have the slightest chance at normal. But still, that's a stupid jab to take at them, TMZ. I don't spend anything on education either. Not for my grandma, not for my kids that are too little to pack off to school. Lots of us don't spend on education -- there is public school and involved parents that make throwing money at it not necessary.

Dumb judgement, completely irrelevant.

Posted at 9:56PM on Nov 1st 2007 by Jenn

88. You make more you spend more. Mo money mo problems.

Posted at 9:59PM on Nov 1st 2007 by SuperStarSteve

89. I so agree #33. She earns $737,000+/month but gives only $500 TO HER OWN CHARITY? One can hardly call a donation of $111/week to the Britney Spears Foundation a major contribution to the restoration of New Orleans.

And she spends $106,000/month on entertainment, gifts, and vacations. Wait! Is "entertainment, gifts and vacations" the new euphemism for "drugs, alcohol, drug-dealer visits"?

Posted at 10:01PM on Nov 1st 2007 by Just askin'

90. I read that Britney has a blog - can anyone tell me how to get to it? Serious question - no snide comments, please. Thank you.

Posted at 9:59PM on Nov 1st 2007 by snowbird

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