Surprise, surprise, Britney Spears doesn't know how to manage her money. You know else she doesn't know how to do? Brush her weave, remove stains from fabric, follow proper hygiene when entering a public bathroom, sing while dancing. According to In Touch:
When Britney Spearsí father, Jamie, was named her co-conservator on February 1, he took over her financial affairs. But after going through her books, Jamie must have learned just how much of a toll Britneyís crazy behavior, which started in February 2007 when she shaved her head, has had on her bank account ó sheís lost nearly $61 million. ìItís staggering how much money has been used up,î a family friend says.In addition to the enormous tab for legal bills, rehab and psychiatric care, Britneyís inability to work has cost her a fortune. ìBy not touring for her last album [Blackout], she lost out on $50 million,î estimates Robert Bianchi, an LA-based CPA who isnít an accountant for Britney. Jamie hired his own accountants to sort out the money mess and bring an end to the 26-year-oldís excessive spending. ìItís been quite a challenge getting things under control,î the insider says. Luckily, as Britneyís mental health improves, so does her bottom line. ìSheís spending about a fifth of what she used to,î the insider adds.
So it's not really as bad as it sounds. Hearing that she only actually spent $11 million of that $61 million makes it seem somehow less . . . crazy? Extravagant? Impossible to comprehend? No, not really; that's still a shit load of money, especially to those people who made the tough decision to buy Brit's last record, knowing that they would have to give up their daily treat of a Wendy's Frosty for a whole week in order to afford such a luxury. Britney probably uses Frosties to unclog her toilet, that's how little $1.89 matters to her. Sure, it's not very effective in pushing all those turds through the pipes, but it's just Britney's way of showing you she's better than you.
Britney shows it off at MrSkin.com.
