Britney Spears on her way to bankruptcy

Court papers in Britney Spears custody battle with Kevin Federline have revealed the pop singer is blowing through her roughly $700,000 monthly salary. Entertainment insiders and analysts aren’t surprised. They say the way she spends, Britney will share the same fate as M.C. Hammer, according to FOX News:

“Most high earners, like celebrities, should view themselves like ballplayers do,” said Everett Weinberger, a financial adviser at Merrill Lynch. “You need to put away money right at the beginning, assuming that it may end. … Young people can be very shortsighted, forgetting that they’re not going to be famous forever.”

Bankruptcy - Britney Spears

Don’t worry, Britney Spears will be famous forever. People kind of remember when you crash your car into an oil trunk and take out half a city block because you used a taco wrapper to get the last drop of whipped cream from the bottom of your Frappucino.

That sort of thing doesn’t really blow over. Wait, did I just predict the future in an eerily detailed fashion again? Shit, why can I do that for Britney Spears, but not at the horse tracks? Hold up, never mind. It’s right here in this contract I signed with Satan. Guess I should’ve read the part where it says “Does not apply to gambling.” Don’t see how I missed that. Though writing it in a glowing-red boldface font that floats above the paper seems a tad excessive.

Source: Britney Spears on her way to bankruptcy

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