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Britney & Kevin: Financial Details Revealed
More court documents in the ongoing custody battle between Britney Spears and Kevin Federline were released Thursday, which revealed some intimate details about their finances.
• Federline, earned more than a half million dollars in 2006, mainly from entertainment and endorsement deals – but minus business expenses, he only grossed $7,436 that year.
• Spears earns approximately $737,000 per month.
• Federline receives $15,000 a month in child support payments from his ex. (The amount may change, depending on how much more custodial time he ends up getting.) He is entitled to child support payments until Preston, 2, and Jayden James, 1, become adults, since Spears is the higher earner.
• The documents also reveal that Federline earned $3,300 in royalties in 2006 for his debut song "Popozao."
As for expenses, the documents also show that the former couple had very different spending habits. Here is what Spears and Federline spent on a monthly average in 2006 on various items.
Britney's Expenses:
• $102,000 on entertainment, gifts and vacation
• $49,267 on mortgage payments
• $16,000 on clothes
• $4,758 on eating out
• $2,500 on phone bills
Kevin's Expenses:
• $5,000 on entertainment, gifts and vacation
• $7,500 on rent
• $2,000 on clothes
• $1,500 on eating out
• $750 on phone bills
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Posted 11/2/07 9:31 AM  |
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Wendy
Wheeee!
Member since 5/05 13736 total posts
Name:
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Re: Britney & Kevin: Financial Details Revealed
Very scary world where that piece of crap can earn $500K a year.
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| Posted 11/2/07 9:39 AM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: Britney & Kevin: Financial Details Revealed
Posted by Wendy
Very scary world where that piece of crap can earn $500K a year.
With child support and alimony he got approx $420,000 of that money from Britney!
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| Posted 11/2/07 12:20 PM |
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leighla
Support Cancer Research
Member since 5/05 16353 total posts
Name:
Lauren
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Re: Britney & Kevin: Financial Details Revealed
MONTHLY AVERAGE????
Britney's Expenses:
• $102,000 on entertainment, gifts and vacation
• $49,267 on mortgage payments
• $16,000 on clothes
• $4,758 on eating out
• $2,500 on phone bills
Those damn cowboy boots must have cost $15,000 since that's all she ever wears.
Then again, she saves so much money on pants.
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| Posted 11/2/07 12:29 PM |
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JennasMom
?**?
Member since 11/05 3463 total posts
Name:
does it matter
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Re: Britney & Kevin: Financial Details Revealed
Posted by leighla
Then again, she saves so much money on pants.
Let's not forget the $$ she saves on underwear
Message edited 11/2/2007 1:46:31 PM.
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| Posted 11/2/07 1:46 PM |
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Wendy
Wheeee!
Member since 5/05 13736 total posts
Name:
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Re: Britney & Kevin: Financial Details Revealed
Posted by Phyl
Posted by Wendy
Very scary world where that piece of crap can earn $500K a year.
With child support and alimony he got approx $420,000 of that money from Britney!
It says "mainly from entertainment  and endorsement deals" ...
Message edited 11/2/2007 2:06:19 PM.
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| Posted 11/2/07 1:46 PM |
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diva7531
My Peanut
Member since 2/07 5199 total posts
Name:
Ryan 3 boys EDD 11/6!
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Re: Britney & Kevin: Financial Details Revealed
Posted by leighla
MONTHLY AVERAGE????
Britney's Expenses:
• $102,000 on entertainment, gifts and vacation
• $49,267 on mortgage payments
• $16,000 on clothes
• $4,758 on eating out
• $2,500 on phone bills
Those damn cowboy boots must have cost $15,000 since that's all she ever wears.
Then again, she saves so much money on pants.
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| Posted 11/2/07 1:50 PM |
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Phyl
R.I.P. Sweet Mia ♥
Member since 5/06 28918 total posts
Name:
The Mystical Azzhorse! ™
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Re: Britney & Kevin: Financial Details Revealed
Posted by Wendy
Posted by Phyl
Posted by Wendy
Very scary world where that piece of crap can earn $500K a year.
With child support and alimony he got approx $420,000 of that money from Britney!
It says "mainly from entertainment and endorsement deals" ...
I'd like to meet the people that spent that kind of money for K-Fed!
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| Posted 11/2/07 3:09 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Britney & Kevin: Financial Details Revealed
she spent all the money on K-Fed..he is the supreme moocher
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| Posted 11/2/07 5:10 PM |
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MrsFlatbread
Skinny jeans are in my future
Member since 6/06 10258 total posts
Name:
Baby Momma
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Re: Britney & Kevin: Financial Details Revealed
Posted by Blu-ize
she spent all the money on K-Fed..he is the supreme moocher
GHeeeettttooooooo!!!!
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| Posted 11/3/07 9:50 AM |
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