AOL Money & Finance

Money Losers of 2007: Britney Spears isn't saving for a rainy day

More

Britney Spears Britney Spears had a bad 2007 -- but mostly it was due to self-medicating the pain over her divorce. And there's no doubt that her low earning ex-husband is getting a big share of her money.

Britney is not saving money for her children's future. But I guess she has not reached the point in her emotional development where she sees the value in prudent financial management.

The details are grim. According to CNN -- which shares a parent company, Time Warner Inc. (NYSE: TWX), with BloggingStocks -- Britney does not save or invest any of her $737,000 monthly income. Her monthly expenses include $49,267 in mortgage for two houses, $16,000 for clothes, $102,000 on entertainment, gifts and vacation, $15,000 for child support, $20,000 a month to support her ex-Kevin Federline, and $4,758 per month dining out.

Fortunately for Britney, the cash will keep rolling in as long as people -- including me -- can't get the sound of her "Gimme More" out of their heads.

Be sure to check out other Money Losers of 2007.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA+32.128,743.94
NASDAQ+1.581,886.61
S&P 500-0.36940.38

Last updated: July 19, 2009: 06:00 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines