Amanda Bynes has been recently given full access to her millions and the troubled starlet is splashing the cash after deciding to stop saving, according to reports.
Amanda Bynes, 27, apparently demanded access to her money – including the funds tied up in investments – a few months ago.
A source told Radar Online: “While Amanda was growing up her parents and lawyers controlled all of her money, they put it away in investments so that she would be able to have it when she got older.”
“Amanda made a lot of money starting with Nickelodeon and then other TV shows and movies, but she lived like a regular girl when she was young.
“However, a few months ago she demanded that she have complete access to all of the money so she could spend it, not save it anymore.”
She recently told In Touch magazine that she is as rich as the Olsen twins, Mary-Kate and Ashley, who are believed to have a net worth of $300 million.
However, according to sources, in reality Amanda Bynes “is worth $5 to $6 million”.
“Amanda knows she has a lot of money. Before she wasn’t restricted from getting to it, but a lot of it was tied up in investments and banked for her future, but she insisted that she be able to use all of it as she sees fit and there is nothing anyone can do to stop her from spending it all,” the insider told Radar Online.
“Amanda can do whatever she wants for a while with all of her money but it isn’t going to last forever if she spends the way she has been lately,” the source added.
“She’s rich but she could find herself in financial trouble pretty soon.”
Amanda Bynes’ unusual antics include regularly professing her love for rapper Drake which she did once again on Tuesday.
She posted a link to an image of Drake on her Twitter page along with the words: “Loving far apart eyes @drake.”