K-Fed Wastes Money

Future economists and nutritionists of the world - take note! Do not be like Kevin Federline. According to the National Enquirer K-Fed has blown through all the money Brit gave him, and can't make ends meet with his child support money.

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. The money he earned from photos, interviews and personal appearances - estimated to be in the hundreds of thousands - has also been spent. And despite getting a $5,000-a-month increase in child support last spring - bringing it from $15,000 to $20,000 - his spare-no-expense existence is proving to be more than his wallet can handle. Kevin was renting a $7,500-a-month, five-bedroom home in Tarzana, Calif., that he shared with his sons, their nanny, Kevin's girlfriend Victoria Prince, brother Chris Federline, best friend Jimmy Federico and a few part-time bodyguards. Kevin's food bill is more than $2,000 a month. He claims he needs to have the boys, Sean, 3, and Jayden, 2 , on a special diet because they are picky eaters and suffer from allergies. He always has a fully stocked bar with top-shelf liquors, which cost him an average of $500-$800 a month. Utilities run $1,500, the nanny's monthly salary is $2,800, and the bodyguards get $3,000 a month, added the source. "Kevin can't afford the rent, his help, the food and the booze it takes to keep up the place."

Wow. Some things just boggle the mind!