According to Lohan’s stylist, Rachel Zoe, “[Lindsay’s] closets are overflowing with things like $8,000 Prada dresses and $2,000 Balenciaga bags. She has so many clothes, she never even wears some of them!�? L&S claims Lindsay spent over $1 million on clothes and accessories alone last year. Between her nightclub hopping, her jet-setting back and forth from NYC and LA and her shopping sprees, Lohan’s $7 million per movie paycheck isn’t going as far as she hoped.

L&S reports that Lindsay - who once said, “I don’t want to be the best-dressed person in the poorhouse�? - started seeing the hypnotist after one too many $100,000 shopping trips. The magazine claims that her recent visit to LA boutique Rosasen proves the technique is working as she spent only $920.

Lohan’s rep denied the story, stating, “There’s no hypnotist. And Lindsay loves clothes, but the idea that she spent that much last year is completely stupid.�?