How Heidi and Spencer Pratt blew $10 million

"WE thought we were Jay Z and Beyonce" - and that right there was Heidi Montag and Spencer Pratt's problem.

The reality show pair have revealed how they blew their $10 million fortune in just a few short years, experiencing a spectacular fall from grace.

In a new interview with InTouch magazine, the couple say they went from one of reality TV's richest couples to living with Pratt's parents in Santa Barbara.

"We were immature and we got caught up," Pratt told the mag.

"Every time we'd go out to eat, we'd order $4,000 bottles of wine. Heidi was going to the mall and dropping $20,000 to $30,000 a day. We thought we were Jay Z and Beyoncé."

"Now I can spend like $100 at Victoria's Secret. I feel like a different person," added Montag.

The couple revealed earlier in the year that they were so convinced that the Mayan Apocalypse was coming that they blew millions of dollars before the calendar hit December 21, 2012.

"We made and spent at least $10 million," Spencer later told OK! magazine. "The thing is, we heard that the planet was going to end in 2012. We thought, we have got to spend this money before the asteroid hits.

"Here's some advice, definitely do not spend your money thinking asteroids are coming. The world didn't end," he added.

"I would give my friends $15,000 for their birthday. Just cash. I would buy people cars. Every valet I met got a couple of hundred pounds tip. I would pay people $200 just to open doors for us."

They added to the Mirror that they spent their money on things like armoured trucks and designer handbags because they truly believed the end was near.

 source- www.news.com