May 13th, 2008. Beverly Hills, CA. Nick Cannon isn’t wasting any time spending was his new mama gave him. After a business meeting in Bev. Hills, Mr. Carey went and splooged on some items at the very pink, very girly Beverly Hills Kitty.

He sure didn’t waste any time on his next shopping venture to the Ferrari dealership. He must be living with such satisfaction that he’s banging the bucks right out of his new wifey-poo, Mariah.