Posted by Adam

Friday March 6, 2009

Lily Allen says she’s broke.

The British singer – who recently revealed she’d become a baker if her music career heads south – says she has so little money, she’s been forced to sell her BMW 320 convertible to raise some cash.

She explains, “I’ve been hit big time by the credit crunch. Actually, I just had to sell my car because I’m so broke.

“I bought a car last year and that was probably my biggest extravagance. Clothes too, I’m always buying clothes.”

“I’m completely skint,” she added. “I can’t even spend on credit cards. I mean, I won’t be, as I’m waiting until I get the royalties from the album and all the radio plays but that takes about a year.

“The banks will usually front your money in that kind of situation but they are not lending at the moment so it’s a tricky time.”