Everyone knows that Katie Price narrowly avoided bankruptcy, but this has not stopped her from spending lavishly again. It has been reported that Katie was given a spending allowance to stop her from wasting more money. However, this limitation has not stopped her from spending. She spent, well too much on her £2million mansion' with a £6000 worth of decorations.

Katie has splurged on a spending spree on expensive gifts for her kids in the past.  The family had to discipline her by giving her a spending allowance amid claims of her spending £6000 on decorations. The television star spent money like water and never bothered thinking her money may run out.  The Christmas tree she bought required four sets of lights to give her home a cozy appearance.

The former model didn’t have the fun she most wanted at the beginning of the year since she ended up with a third divorce, financial woes and criminal charges.  Katie has escaped bankruptcy when she agreed to pay over a £22,000 tax bill.

For someone who has weathered these challenges, she has made it a duty to dish out such an amount of money to make herself happier.