Billy Ray Cyrus is hoping his new love Elizabeth Hurley will share the financial burden of their relationship, according to a report.

Billy has reportedly been spending a lot on wooing Elizabeth which has led him to fear his coffers will empty soon.

“Billy Ray has blown through a lot of money wooing Liz and really went all out for her birthday, but now he’s reining himself in,” a mole told Radar Online.

“She loves to keep up with her jet-setting ways and expensive tastes, so all that splurging is taking a serious toll,” they continued.

The mole revealed that Billy is planning to take his model girlfriend to the Bahamas for Fourth of July celebrations.

“Truth is he’s afraid to cop hundreds of thousands for private jets and fancy clothes and hotels,” the insider said.

“He’s desperate to keep this romance going, maybe it’s time Liz returned the favor,” the mole remarked.

“Two people, two names, one ticket to ride… in more ways than one,” they said.

The sources’ claims seem grounded in reality as Hurley’s reported worth is $50million, whereas Billy Ray Cyrus’ own worth is about $20million.