“Spending Like There’s a Bottomless Pit of Cash”: Britney Spears Reportedly Near Bankruptcy

Britney Spears is reportedly on the brink of financial ruin as her spending spirals out of control. An industry insider told In Touch Weekly that the pop star “blew a fortune on her recent birthday bash in Mexico,” sparking concern from those managing her finances.

The source revealed that Britney’s financial advisors “have been begging her to slow down her spending.” However, their warnings have reportedly fallen on deaf ears, with Britney accusing her team of “trying to control her like her father.”

During her 13-year conservatorship, the Toxic singer’s finances were strictly monitored and kept in check. However, since its termination in 2021, the insider claimed Britney has refused to heed the advice. “There was no financial issue when Britney was doing huge concert tours and topping the charts,” the source explained.

“But since she’s stepped back from the music industry, there’s little potential for new earnings.” Britney’s most notable income in recent years came from her memoir, The Woman in Me, which reportedly brought in $12.5 million last year. However, the source claims, “That money is long gone.”

At present, Britney’s only project on the horizon is her forthcoming biopic, but its financial impact remains uncertain. “There’s just no way to predict how much that will bring in for her though,” the insider noted. Despite her dwindling funds, Britney reportedly continues to spend lavishly.

“Even though she is running out of money, she’s still spending like there’s a bottomless pit of cash,” the source added. The pop icon’s financial struggles have fueled concerns about her long-term stability, especially without new income streams.

While Britney’s memoir earned critical and commercial success, it appears to have provided only temporary relief for her finances. The situation marks a stark contrast to the years when Britney was one of the world’s top-performing artists.

With no active music career or significant projects beyond the biopic, her spending habits have become a significant worry for those close to her. As Britney continues to navigate her post-conservatorship freedom, the question remains: Will she take the necessary steps to regain control of her finances, or will her spending push her closer to bankruptcy? For now, those around her hope she’ll listen before it’s too late.