Financial details in the ongoing custody battle between Britney Spears and Kevin Federline were unsealed Thursday.
According to papers submitted to the courts by Spears, 25, in May:
• Spears earns $737,000 a month.
• She spends an average of $102,000 on entertainment, gifts and vacations; $16,000 on clothes; $4,758 on dining; and $2,500 on phone bills a month. She spends $49,267 on mortgage payments.
• Federline, 29, earned more than half a million in 2006 (mostly from endorsement deals), but only grossed $7,436 after business expenses.
• Federline receives $15,000 a month in child support from Spears. (He could get more if he receives permanent 50/50 custody of their sons Sean Preston, 2, and Jayden James, 1). Since Spears is the higher earner, Federline is entitled to child support payments until the children become adults.
•Spears drops $6,000 a month on child care; Federline spends $2,5000.
• Federline raked in $3,330 in royalties from his 2006 debut track "Popozao."
• Spears contributes $500 a month to her charity, the Britney Spears Foundation; Federline donates nothing on charities.
Neither star reported any savings or investments.
According to papers submitted to the courts by Spears, 25, in May:
• Spears earns $737,000 a month.
• She spends an average of $102,000 on entertainment, gifts and vacations; $16,000 on clothes; $4,758 on dining; and $2,500 on phone bills a month. She spends $49,267 on mortgage payments.
• Federline, 29, earned more than half a million in 2006 (mostly from endorsement deals), but only grossed $7,436 after business expenses.
• Federline receives $15,000 a month in child support from Spears. (He could get more if he receives permanent 50/50 custody of their sons Sean Preston, 2, and Jayden James, 1). Since Spears is the higher earner, Federline is entitled to child support payments until the children become adults.
•Spears drops $6,000 a month on child care; Federline spends $2,5000.
• Federline raked in $3,330 in royalties from his 2006 debut track "Popozao."
• Spears contributes $500 a month to her charity, the Britney Spears Foundation; Federline donates nothing on charities.
Neither star reported any savings or investments.
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