Heather Mills has spent almost half of her £24.3 million [$39.5 million] divorce settlement in just seven months.

The 40-year-old former model received the enormous amount after her split from Sir Paul McCartney was finalized in March, and has reportedly since splashed out £10 million [$16 million] on properties and holidays and forked out £500,000 [$800,000] on staff wages.

Heather is so worried about her finances she has even asked Paul to buy her £4 million [$6.5 million] East Sussex home as she claims she cannot afford to renovate it.

A source said: "Heather has been moaning her money isn't going as far as she thought, but she's just burning her way through it. She reckons she has spent £10 million [$16 million] since the divorce and still doesn't have a finished house to live in."

Heather has reportedly already spent £1 million [$1.6 million] improving the luxury estate and has even had an outdoor swimming pool installed.

In July, she bought a £2.5 million [$4 million] New York apartment and has spent a further £6 million [$9.7 million] on other properties.

Heather has also had to settle large bills from her former publicist Michele Elyzabeth - who recently branded her "a calculating, pathological liar and the biggest b***h on the planet" - and divorce lawyers.

The former model has also donated £600,000 [approximately $1 million] of vegetarian food to homeless children in the Bronx.

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