Britney Spears has been told by her “financial people” that she will be “broke” by the end of the year after suffering hefty loss by selling Calabasas home recently.
The Toxic hitmaker has to pay heavy sums to her lawyers while also covering child support payments for her sons, Jayden and Sean, which goes to her ex-husband Kevin Federline.
As reported by OK! Magazine, the popstar will soon face bankruptcy if she keeps on spending money without any stable source of income.
“The bills are pouring in and Britney’s financial people are telling her if it carries on this way, she’ll be broke by the end of the year, if not sooner,” a source told the outlet.