Britney Spears' & Kevin Federline's financial details exposed

November 2 2007

Britney SpearsBritney Spears & Kevin Federline's financial details have been exposed by new court documents, which reveal that Britney Spears earns a huge $769,286 per month - compared to K-Fed's more modest $618.

However, Federline, a wannabe rapper did manage to gross $500,000 through a set of entertainment and endorsement deals. However, deduction of business expenses left him with a less than $7,436 for the entire 12 month period.

The documents also revealed that K-Fed receives a cool $15,000 a month in child support payments from Britney - which is subject to change depending on how much more custodial time he ends up getting, but, he needn't worry too much, as he is entitled to child support payments until 2-year-old Preston & 1-year-old Jayden James become adults, since Britney is the higher earner.

The new documents also revealed that Kevin earned himself a paltry $3,300 in royalties in 2006 for his debut song "Popozao."

The pair's overall expenses are listed below - and I'm sure you'll agree they both have very different spending habits!

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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