Kevin Federline is broke, but NOT a sponger. Really.

Britneyandkev Kev is living up to his Spenderline nickname, as today's Mirror reports he's already blown the $2 million he made from the Chaotic reality show last year on an engagement ring, a home studio, half a Ferrari... But mark his words: Kevin will NOT be begging Britney for pocket money, despite being stony broke until the inevitably huge royalties from his album start to flood in.

"I don't get any money from my wife," he says. "I'm almost broke. As a man, as a male figure and a father, I wouldn't be happy sitting back and living off my wife's fortune. I have to provide for my family. People gotta understand that I'm working, too, she's not the only one that's got things to do."

Nobody's suggesting you're not working, Kev. It's just that you're not earning... [Stuart Dredge]

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