Jennifer Lopez goes on a spending spree!

Jennifer Lopez is loving her time as a judge on American Idol because with the money she’s making from the show, she gets to go shopping!

Sources say Lopez has been stocking up since cashing her first Idol paycheck, buying everything from Gucci luggage, diamond bracelets and $3,000 shoes.

“Jennifer always had money, but this is the first time in years she’s getting a weekly check,” an insider told America’sIn Touch Weekly magazine.

“Jennifer always had money, but this is the first time in years she’s getting a weekly check.

“She’s a girl who loves to shop, and she is enjoying her riches and spending it on herself. Of course she is buying stuff for Marc and the twins, but the majority is for her.

“She is a style icon who is expected to look great 24/7. And she does.”

Jennifer who’s married to Marc Anthony recently revealed that her most treasured possession is a ring her husband gave her on their first wedding anniversary.

“My favorite piece of jewelery that I own is a ring my husband gave me for our first anniversary,” Lopez said. “It’s a solitaire, a 14 carat blue diamond ring, a very rare diamond. It was a big deal, I’d been married a year.”