Derober

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Dee:
Prediction: Miley Spears Cyrus, will be the next Hollywood manufactured tween to spin off the planet. The Hannah Montana star got her shiny little credit card swiped through a tree shredder when her has-been father, Billy, found out she purchased an $11,350 Prada bag. I can’t knock Billy for trying to put his foot down, but let’s face it, this is a sign of greedy times to come for this rising star. Pagesix reports:

Miley Cyrus still gets punished like every other teenager! After her parents, Billy Ray and Leticia Cyrus, found out that the tween star had splurged on a pricey crocodile Prada bag (one style costs $11,350), they cut up all of her credit cards!

In the latest issue of New Zealand’s Creme magazine, Miley admits that her parents had to reinstate an allowance following her shopping spree. And although the $300-a-month stipend she receives is still way more than most kids get, it’s refreshing to see the Cyruses doing everything they can to ensure that their daughter doesn’t turn into the next Britney or Lindsay.

In fact, Billy Ray and Leticia are so intent on keeping their gal out of trouble, they have made a deal with her: If Miley promises to live under their roof until she’s 20, she can have a separate bedroom and living room to give her the illusion of privacy. But just because she’s in her own part of the house doesn’t mean papa won’t be checking in on her. In fact, Billy Ray wakes Miley up every morning at 7:15 a.m. with a cup of Ovaltine. Now that’s truly the best of both worlds!