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K-Fed Can't Afford to Live on $40,000 a Month

May 12, 2009
by: 
 Ani Esmailian

Kevin Federline, the former Mr. Britney Spears, is reportedly having a hard time living off of $40,000 a month. Yup, you heard right, $40,000.

The National Enquirer is reporting that K-Fed spends $7,500 a month on rent, $2,000 a month on food, $1,500 a month on utilities, $800 a month on booze, $2,800 a month on a nanny for their two boys, and $3,000 a month on bodyguards.

"Kevin has blown through millions of dollars," revealed a source. "When he and Britney divorced, Kevin continued the superstar lifestyle, and he spends all the money that he gets."

Britney is currently coughing up $20,000 a month just for child support, and he's making an additional $5,000 a week while she's on tour. The $2 million he received when his and Britney's house in Malibu was sold is gone, as well as the $500,000 he received for two years of marriage.

His little budget crisis is also the reason why he's moving out of his $7,500 a month Encino home and moving into a home in Chatsworth that's half the rent.

Only K-Fed can manage to go broke while living off of $40,000 a month. He's reportedly planning on hitting up the Bank of Britney soon. Poor Brit, everyone in her life treats her like a cash cow.
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Kevin Federline Britney Spears
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Reader Comments
9:22AM 05/29/09 potu
I WANT ONE NIGHT.....PLEASE!!!!!
11:46AM 05/20/09 rita
HE IS A MORON! WHAT AN IDIOT!
0:20AM 05/15/09 djnina
He was one of the causes why Brit-Brit went all loco. And he still has the face to live off her money. What a LOSER!!!
6:37AM 05/14/09 Lola123
Poor brithey she dont deserve him
7:05PM 05/13/09 Alew
This living thing is called KHyde or FedJerk-ill
2:04PM 05/13/09 StarryEyes87
what bs!
8:53AM 05/13/09 potu
I think he is hot!!!!! I know it is a strange thing...but I want him!!!!!
7:54AM 05/13/09 PookieBD
How much money does the whore living with him bring into the household? Why does fuckfed need nannies?
5:53AM 05/13/09 Michael1
Like to her both sides of that story
8:11PM 05/12/09 alltimeerin
he is a MORON! they truly need to leave her alone
7:12PM 05/12/09 dwaggin
Not too much of an idiot to scam Brit outta several million $. Only reason he took kids (remember his other kids & their not rich mom) was for the $. 'bout time this asshole grew up.
6:47PM 05/12/09 Eboe
If I can live on less than $400 a month, then so can you, K-Fed. FU. Douchebag. You deserve a roundhouse kick from Chuck Norris.
4:09PM 05/12/09 girly987
what a douche.. wtf is the point of you haveing full custody of your kids when your not even going to be with them cuz your paying for a damn nanny. omg.. this guys makes me want to live in seclusion.
3:19PM 05/12/09 princess11
What an idiot
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