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Britney Spears' spending is spiraling out of control, In Touch has exclusively learned. According to a source, the "Gimme More" singer, 43, is burning through cash like there's no tomorrow.
"She blew a fortune on her recent birthday bash in Mexico, and that's just the tip of the iceberg," says the source. "Her money managers have been begging her to slow down her spending. She totally ignores their warnings, though, and just accuses them of trying to control her like her father."
During her 13-year conservatorship, Britney's dad, Jamie Spears, controlled her finances, but since its termination, "she's refused to listen to anyone telling her no," says the source. "Sure, when Britney was doing huge concert tours and topping the charts, she could spend this way, but those days are over. She says she's done with the music industry, so it's not as though there's any potential for new earnings there."
The pop star did reportedly earn $12.5 million for her memoir, The Woman in Me. "However, that 's long gone," claims the source, adding that the only project Britney has in the pipeline is her upcoming biopic. "There's just no way to predict how much that will bring in for her though," the source notes. "Truth is, her money is running out, but she's still spending like there's a bottomless pit of cash."
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