Spencer Pratt & Heidi Montag Live On $400 A Week After Spending Hills Earnings

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Heidi Montag Spencer Pratt

According To Entertainment Tonight:

Spencer Pratt tells ET that he and his wife Heidi Montag were trying to “buy fame,” but now “have no money” and live on a $400 per week allowance from his dad.

Spencer says, “We felt the fleetingness of 15 minutes of fame so we were trying to buy, like, … Let’s buy fame.”

The former reality star explains, “Like if we could eat at this restaurant all the time, maybe we’ll get seen with Mel Gibson or these bigger stars. So you know, we knew our positions, so we were having basically to buy into a tax bracket we didn’t belong into.”

“I know it’s the dumbest thing ever spending money on things,” Spencer says, acknowledging their folly, “But it’s like, if we didn’t, we wouldn’t have got this [web write-up], or we wouldn’t have got this picture in the magazine, and then we wouldn’t be famous at all, and that’s the only thing we had going for us at the time.”

When it comes to their extreme spending, Spencer details, “I would say we were spending more than $100,000 [each month] on clothes for sure. And we would only wear them once.” He says that the producers of their cancelled MTV series “The Hills” would get upset if they were seen wearing the same outfit twice, citing continuity issues.

Spencer says the pair were spending money before it even came in, and when the last ten episodes of “The Hills” didn’t get picked up, they didn’t have a back-up plan. “For me to think I was going to be famous and continue at that level of income on a steady basis, was … naive, egotistical, and just foolish,” Spencer says. Now, he says, “I can’t have a long-range plan because I’m so hated I don’t see anywhere I could go.”

When it comes to the possibility of being homeless, Spencer says, “I’m not afraid, I know it’s a reality if we didn’t have my dad letting us live in his guesthouse, Heidi and I would have no place to live so we would be homeless and we couldn’t afford [to live] anywhere.”

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