She's a millionaire in her own right. Add to this the fact that she's married to millionaire actor/director BEN AFFLECK and you've gotta ask - just why is JENNIFER GARNER wearing ripped pants?

The Alias actress was spotted in LA picking up eldest daughter VIOLET from school and gave snappers a peek at her holey undercrackers.

C'mon Jen, we know there's a credit crunch going on, but seriously, that's just not a good look.