Trading Secrets - 1: Dean Unglert, Bachelor Legend From Rags to Riches

Episode Date: May 24, 2021

We are discussing all things Money when it relates to being a cast member in reality TV, before during and after the show. This episode we chat with an absolute veteran of the Bachelor Franchise, starring in Rachel Lindsay’s Bachelorette, Season 13, two seasons of Bachelor in Paradise and a season of Bachelor Winter Games. A Bachelor Nation legend, Deanie Babies aka Dean Unglert.   Produced by Dear Media.

The following podcast is a dear media production. Holy smoke-alicious, baby, let's go. We are here. What a wild road it is been. But welcome to Trading Secrets and the first episode. I promise, let me start off by saying this, I promise to not always have that. Let's get ready to rumble voice.

but I am so excited and fired up about this podcast. And I want to start off by just saying, thank you. Thank you for giving me a chance. I can't wait to hear from you. I can't wait to learn from you. And most importantly, I can't wait to build every aspect of this podcast for you. If you don't know me, my name's Jason Tardick. And I'm your host of Trading Secrets.

My very quick stories, I grew up in Buffalo, New York, and I'd say my family's a bit of, you know, we have modern family vibes. grew up in a small town, Jewish liberal mother, Catholic conservative father, and a happily married gay brother. And as far as work goes, I was your typical follow the career rules guy, be the yes man, get my degree, grind at the bank, got my MBA, left the bank only to come back to the bank. I was the yes man, they relocated me all over the country. The biggest move from Rochester, New York to Seattle, Washington, all to get my cool, amazing senior vice president title. Wow, that was wrong. That was chasing the wrong things.

And the thing is, is I end up miserable. The title, the company, the promotions, even the pay. None of that put a smile on my face. And it's the most 20-21 thing a human could say, but what turned my life upside down was going on a reality TV show called The Bachelorette. Needless to say, my company soon pushed me out the door. I'll get into those details in this podcast, I promise.

And actually, speaking of podcasts, I was actually offered a podcast in the last year, a really solid offer. And all the details, I actually disclose in this first episode. But I declined that podcast. And I did it because it just didn't align with my passion at all. This podcast does. The likelihood, like just if I'm going to be honest because we're trading secrets here, I'll probably make a lot less do in this podcast.

But this is more impactful to me. It's something I wake up thinking about every day. And that's what you should know as a listener. This podcast is about you, the topics, the guests, the discussions, the questions, they're all built for the purpose of education, insight, and gaining more information is to just where money is made, how, and why. The goal of each episode and the podcast in general is to shatter the ceilings about discussions as they relate to money. I don't get why we live in this world where we have to hide our finances. We can't talk about our debt or talking about our investments.

God forbid we talk about our pay. In my opinion, that shit's got to end. end. We can't move forward until we acknowledge where we are today. And the only benchmark we have is honest conversations with one another. Like, where the hell do I go to really understand like my value? What I should be paid? Where do you go to understand what you should be paid? Or do you even know why you're paid what you're paid? What do we have? Some janky website? Resources aren't there. So from Wall Street to Main Street, from Hollywood to our homes, we're going to cover it and we're going to get into it. And I, as you can tell in my energy here, I'm like, Jason, calm down. Your beats per minute are way too high. I am excited about our opening bell with our first guest and our first topic. But before I introduce him, let me just tell you a little bit about the format of the show that you can expect every single Monday. I'll provide an intro to the trading secret topic we will cover. I will open the bell with our special selected guest. We will have a deep conversation, open their vault, unlocking details about their professions they've never disclosed. And we will end every episode with the trading

secret from our guest, one we can all benefit from. After that, we'll have a ding, ding, ding, closing bell recap with one of my lifelong friends, the voice to the viewers, the curious Canadian himself, David Ardoin. They actually made a cameo on Becca's season, Bachelorette season 14, episode six. She surprised me with my three best buddies. The other two got words in. David had zero words, but trust me, he's full of words. And the best part is, why I've selected him for this, he doesn't have a business background or a finance background, but he's hungry and he's curious. Making him what I think is the perfect person to close the bell is the voice of the viewer, asking me my takes on all the details of the interview, and asking specifics about those

situations as they relate to me. But we're also going to go a step further, and we're going to have live calls from you guys so that we can answer any questions you have. Now let's get into our first topic, our first episode. Today's topic is part of our reality TV series, where once a month, every month, we will have a reality star from some different show, all shows, and the episode will be centered around the money and earnings before the show, during the show, and then after the show. You name a show, we'll have someone from it. But our first guest is a legendary, Bachelor alum, who is willing to share all the secrets.

And no, I'm not talking about production, behind the scenes drama, his exes on Bachelor in Paradise, but his business and financial life, his deep, deep struggles before he went on the show, to his outrageously lucrative investment returns post show. He gets into all of it, and he opens the vault and gives us the details that we likely want to know. So here we go. Our first guest, I assure you he hasn't addressed some of the things that we talk about in this episode. He's appeared on season 13 of The Bachelorette. He's appeared on fourth season of Bachelor in Paradise, quitting week four. He's appeared on Bachelor Winner Games, and then appeared on the sixth season of Bachelor in Paradise, where he left in week five

with his current girlfriend, Kalin. Let's ring him. in the opening bell, the first episode, Trading Secrets with the Legend, the Stud, Dean Ungler. Thank you so much for coming on, Dean. Yeah, yeah. Hey, of course. And you know, it's funny. I don't think veteran is a word you want synonymous with being on dating shows. So it's a very kind introduction, but yeah, veteran, man, it's a bummer to hear that sometimes. It all worked out. An awesome girl by your side right now. And I remember, you know, a quick little backstory before we get into the whole trading secrets episode but dean and i became close buddies right when i got off the show and i just think about the times we had like in 2018 it was such a blast and there's a story about

dean that i don't know if i've actually ever said it on a podcast but there's a story about dean i always talk about and it's it's just it's it is like dean to a tea but it's hilarious so we're getting ready and tell me if you remember this but you come to the bills game we're talgate and we're having the time of our lives and we get invited to go in the pagula's box so this is monday nice football. Buffalo Beds. You don't what's the story I'm telling? Buffalo Bills are playing the New England Patriots. And so my parents are

with us and my parents are being parents. Like, Dean, Jason, Blake, get your shit together. You guys have beer all over. You're just in the bus lot screaming, shout, partying like animals. Like, you've got to be a professional in here. I'm like, all right. And I say to Dean, like, Dean, this is who they are. This is Kim Pagula. Like, just be good. Okay? He's like, yeah, I got this.

We walk in. He belines over to Kim Pagula, who has got this, like, ultimate presence. Like, no one's even around her. And in fact, in this suite, it was amazing how it was set up. Do you remember this? She had her own, like, this, like, beautiful carpet. It was like this, like, beautiful carpet with these chairs. It looked like you were in this, like, very elegant family room with the big TV. And she was sitting there by yourself watching the pregame. Uninterrupted, Dean comes up to her and says, oh, so nice to meet you. Thank you for having me. I love your Royal Blue sweater, your L.A.

Dodgers Royal Blue sweater. And I was like, oh, my God, we've been here for three minutes. This is disaster. Well, wait a second, that wasn't even the worst of it. I thought you were going to get to the part. And you even mentioned the carpet. I'm pretty sure I spilled a beer like not even two minutes later. I spilled a beer all over her brand new carpet. I forgot about that. You spilled the beer everywhere. I thought you were going to get it to. That was like, that was when I looked around. I was like, I got to get the heck out of here. This was bad. But you know what? Before we get into the TV side of things, you know, I don't know that everyone listening would know this. But it's my understanding for the last year. So you've actually lived

out of your van. And this is a money podcast. So I'm curious if you could tell us and walk through kind of like the expenses associated with that, why you went from living in an apartment to a van. Tell me the whole story on what it's like living in your van. I appreciate this podcast because you're right. I think that it is like taboo to talk about finances for whatever freaking reason. And I think that one of the biggest reasons for it is like it kind of like gives the financial institutions to control and like it gives the employers to control and all that kind of stuff. So I actually, I started a travel blog outlining all of the expenses of things like flights, hotels, food, like if you want to go to Egypt, jump on there and see how much it

cost me to go to Egypt. And I have a similar post for my van. The van itself was obviously the biggest expense. The van itself cost me. It was like just over $27,000. I personally have a bad financial history up until a few years ago. So I had to pay for it in cash, which was a big bummer. It took a big hit there. And then after that, I'd probably put like another $20,000. dollars worth of upgrades into it with like solar and a bunch of other stuff that i can't remember like a roof rack like a bunch of you know like refrigerator sink like all that kind of stuff added up to about 20 grand and then the day to day man the day to day is not bad it's it's basically like you eat what you don't normally eat you know i've got like a stovetop burner in there uh so you can

cook spaghetti or you know rice or whatever the heck is that you want i'm not much of a chef so i eat out a lot but the expenses like honestly so that was actually one of the big reasons i wanted to do it too was because i was traveling so much that if i was like international for, you know, eight months out of the year, but I'm still paying, especially in LA, such high rent prices. I was paying like $1,800 a month in rent. By being in a van for a year, I saved, you know, just over $20,000. So I could be like, okay, cool, I saved $20,000. Let me go ahead and fall out a little more in my van because I know that it's going to essentially like be a return on investment for me in that sense. From an ROI perspective, I'm kind of scratching some numbers here.

Let's say $50,000 all in. Let's say rent in L.A's 3, 4K. You don't have rent. Obviously, your girlfriend does. Net net, you think you've come out from a return perspective, positive? It sounds like you have. Well, it's so subjective because there are so many different things to consider. Like, I would say I came out on top tenfold, if not for saving on rent, but for buying the van, converting it, going back on Bachelor in Paradise, and being the guy that lived in a van. Like, that alone, I think, like, got me, you know, it kind of gets you more brand deal, deals with companies you want to work with. It gets you more Instagram followers because people are talking about how weird it is. And so

on that avenue alone, I think it was absolutely worth it. And I love it. I still use it all a time to this day. The underdog story sells. There's no doubt about it. You know, when Dean came into Paradise and was like the hottest dude to ever walk the planet, people are like, fuck this guy. He comes in long hair, mustache, living out of them. Oh, poor Dean. Boom. Followers go up by 500,000 and your rates triple. well that that exactly basically exactly and that was the biggest thing too i was like i really didn't want to go back to paradise that second time and i was like you know what screw it if i'm gonna do it i'm just gonna like make a caricature out of myself like fucking let people make like make fun

of myself before people can make fun of me kind of thing and i think like some of the i think like the bachelor was like this guy like he's kind of like beating us to it like they're almost like a little sour about it in a sense in my opinion i mean i could be mistaken but at the end of that yeah it was all fun it was all it all worked out the van i do think has paid for itself a few times over, you know, in addition to saving rent and then that, and, you know, it's nice to be able to, like, go out now, like, recreationally with Hale and not have to worry about getting a hotel. So that saves you a couple hundred bucks a night, like that kind of stuff. So, yeah, that makes sense. And one of the things you just alluded to

is the fact you do have a partner now, and obviously things change in that you guys did buy a house. And I thought from the research I did, it's in Vegas. So from a, from a dollar and cents perspective, I know Vegas is a very solid place to live from a cost of living adjustment, right? Zero. 0% state income tax, I believe property taxes are in the 0.5%, which are the lowest in the entire country. And then sales tax are in like 6.5%. So cost of living adjustment, it's the place to be. Was that part of the reason that you are now? And are you building a home? Do you buy a home? Was that part of the reason? And what are you, what's the plan for that home? No, yeah, you know the other end in the head. That was a huge part of it. I was talking to my buddy

back in like September, October last year. And he was like, yeah, like, I don't know why you guys just to live in LA, like you should get a place like Nevada or Texas or something where you pay no income tax, especially for, you know, people like you and me where all of our income is 1099. And so income tax is like pretty, it's like a pretty big impact and influential influencer thing on what's going on. So we were like, yeah, like let's look into it. And then Caitlin's grandparents and her aunt and uncle live in Las Vegas as well. And so we wanted to buy a house because renting sucks. I think, you know, you throw so much money away renting throughout the course of a lifetime that eventually you're just like, why are we doing this? Like,

let's start putting our mortgage towards the house rather than a rent payment being thrown away. Right. And we were looking around L.A. And dude, in L.A, it's like we were looking at like houses that were like $1.5 million. Good closet. It's a fixer upper. Yeah, exactly. It's small.

It's a fixer upper. It's in a location that we don't really want to live in. And then we started talking about it and like mowing over our options. And we were like, well, we love Vegas. We go out there to visit your family all the time. And we got a three bed, three bath for just under half a million dollars. And like the HOA fees are like basically non-existent out there. So, yeah.

As far as an investment goes, it was definitely that was kind of like a move. That's good stuff. You know, one thing you mentioned was 1099 in Influencer World. We have a full episode. We have two CEOs of the biggest influencing companies talking all about the ins and outs of influencing. It's a wild, Wild West. And I talk about the ins and outs of rates and money I've made. I opened that all up because you had said something about the fact, the stigma on money.

The more information that we have about money in different industries, the better we can be is like retail consumers. And to your point, I couldn't agree more that the system is currently set up. to work with the masses. And as long as the masses don't know the ins and outs of money and where it's made and how and why and what employees in their companies at the same positions are getting paid, the better they get people at the top are. So conversations like this are very helpful. But one thing I'm surprised about is that you said you had a bad financial history.

The reason I'm surprised about that is because I remember in Vegas, I'll never forget this. When we were coming into the hotel, I had literally like three bags. Like, what a joke. I had a carry on. I had a backpack. and I had a full bag and we were there I mean we had like think like an eight or ten events or whatever it was four days you come in the smallest little itty-bitty suitcase I ever saw in my life and I said I pulled you over at my teen how the hell like you got to teach me how you did that

and one of the comments you made to me and this wasn't verbatim but it was something along the lines of I like to live with as little as possible and make the biggest use out of what I have to me and I remember we played some blackjack and you know I bought in a few 500 bucks or something you bought in a hundred bucks and I know you're doing well. I'm like, come on, buy in some more. You're like, no, I'm pretty like, I'm cheap with my money. I want it to go further than the average Joe. So technically, I would think like you're a huge budgeter. You know how to spread that dollar. And I heard that you had a bad financial history. So walk me through that place of your explanation to the bad financial history and how you corrected it. Yeah. Well, for the record to

comment on that real quick, I think you just got more of a complex skincare routine than I do. So that's I thought a little more luggage than I think. But so yeah, I don't know. When I was in college, I went to the hospital. I was like, had some drunken night out, got tased by the police because I'm maybe it. I was very young. I was like 19 at the time. And I was just like, you know, being a buffoon.

I think I was like peeing on the street. And the cop told me to stop peeing. And I started running away. And he tased me. And I went to the hospital for that. And the hospital bill as an uninsured college kid was like, it was like 10 grand, which really isn't that much. But for me at the time, it was.

was like enough to me being like, I'm going to forget this ever happened. I'm not going to do anything. And I'm going to hopefully like the statute of limitations kicks in seven years and it just gets, you know, wiped clean for my record. Sure enough, not the case. I also had like some student loans that I defaulted on. So I came off of the Bachelorette probably like 25,000 bucks in debt, which again, isn't that much. But it can be. It can be for sure. And they were all delinquent accounts. And so my, you know, my credit scores were, you know, barely holding on. above 500 and that's why when I first got my first couple like influencer checks or whatever I think my very first check I ever got was like 10,000 bucks for shilling some sort

of mattress on Instagram right and I was like 10,000 dollars for a mattress for like for me just posts like and I get a free mattress out of it that's great so I did a couple of those and immediately it's like the very first thing I did was paid off all of my debts to like you know the credit creditors whatever it is sure and that was I want to say like three years ago three and a half years ago and so even since then like I'm still obviously paying the price for being so careless of it when I was younger, but it's definitely improved pretty significantly. So yeah, if I could go back and obviously not do those things, I would, but just have to have to pay the price now, I guess. Yeah. And people that I've

met with through restart, I mean, I think the biggest thing is being able to plug those holes and then figure out what the behavior was and finding solutions to make sure that behavior doesn't repeat itself. Because everybody, everybody fucks up their decision making with expenses, whether it's buying, saving, selling. I mean, everybody does. I think it's just how quickly you can recover. There's a reason why right now there's literally $420 billion of rolling credit card debt in the United States month to month. There's a reason for that. Yet there's only 39% of people that have $1,000 in cash should they need the money right away. So it's a crazy world we live in. Now, you're a four-time bachelor appearance guy. Sorry to rub it in, but you are. Now, I talk on this episode too about

some of my bachelor contracts. So I talked about how we weren't paid on Bachelorette. I talked about what I was paid on Bachelor in Paradise, but I decided not to go. I forego that. I signed the contract, then pulled it back. I talked about what the Bachelor contract looked like. And then I was also recruited to do a podcast for the Bachelor. I ended up turning down, but I talk about that. So I'm curious from your perspective. We know on season 13, at least I would believe, that you weren't paid. Now, correct me if I'm wrong, if you were. But I'm curious, how did those contracts change from show to show, if you're willing to speak about it? And did you leverage it all the fact that your notoriety and familiar face fame

became greater for each show, therefore your price point would have, or at least should have gone up? Right. Now, in theory, that's absolutely right. So, yes, so I did not get paid for Bachelorette. And that was a tricky time, too, because Bachelorette, you know, you take a leave of absence from work. You're not getting paid for the time that you're spending on the show.

You still have your bills to pay when you're back home. And I got super lucky because my roommates at the time, when I left, even though I thought I was going to be gone for like a couple days of week tops, they started Airbnb and being my room out right away. So I didn't have to pay rents fortunately while I was gone. And then I got back from the show and I was like struggling for cash. Wasn't sure what I was going to do, go back to work. But like obviously paychecks don't come right away. And then they hit me up and they're like, hey, do you want to do Bachelor in Paradise? This other show, it pays $400 a day.

You could be there for up to like 30 days, something like that. So I was like, oh, yeah, great. 400 bucks a day, 30 days, $12,000. That's fantastic. And then I start talking to some friends and they're like, well, you should get more money because you're kind of like the guy coming off the show. You're going to be like the most, you know, you're who they want most from your season to go to Paradise.

Mine is like, Peter, obviously. And I was like, okay, cool, pay me $800 a day. And they were like, no, dude, go fuck yourself. Like, we're going to pay you that much. We'll pay you $600. And I'm so certain. Like I, at that point, I was like out of principle, I just had wanted them to pay. It could have been $1 more, you know?

but I had a principle I wanted them to pay me more than they were offering everybody else just because I thought I was hot shit for some reason. So they paid you are hot shit, 600 a day for 30 days. And I've heard other people, I can't remember who it was, but I've heard people getting upwards of like a thousand bucks a day for Paradise. But at the time, you know, like I said, I was struggling for cash because I took two months off of work, didn't see a single dollar for those two months. So 600 bucks a day for 30 days, 18 grand.

Like I'm seeing that. And I'm like, yeah, absolutely. I would have done this for, you know, hundred bucks a day kind of thing for sure go on that show and in my experience at least most of the money that comes from going on any type of reality tv show is from the endorsements that follow afterward for sure so we filmed paradise and then i got a call you know i left paradise single obviously that whole that whole season was pretty complicated for me but i got a call i was like doing some some event in canada and the producers were like hey we want you to be the bachelor for us next

year uh do you want to do it in the back of my head i was like no i don't want to do it like i just went through the worst season of my life. Like, I don't even know. I don't want to get married anytime soon or anything like that. But I was like, well, it's too big of an opportunity to pass up. So I said yes. And I think that they offer it to a couple of people every single year. So I was like, yeah, I'll do it. I'll do it. Send the contract over. So they sent the contract over. It was for, I think it was like 75 grand to be the bachelor for the season. And I'm sure you probably got something similar to that, right? It was a price, but at least like. So ours was 100. So mine was 100. And then what they did is they gave three contracts. And we were all buddies. So we just

compared them. So me, Colton, and Blake each had contracts for 100. I talked to a couple other former bachelors and bacheloretts. And I was like, hey, like, just so you guys know, like I'm being considered for this opportunity, just so I can like kind of price myself into it, what were you guys paid for your, for your cooperation and all that kind of stuff? And 100 seems pretty good, pretty good. I was pretty happy with 75. And again, like you just said, like anything would, like the money doesn't come from that contract. The money comes from after the fact. So I said yes to it. And obviously they ended up, I think they went with Ari that year instead, which like forever grateful, obviously, it's kind of led to me down on this path that I am now with Caitlin. And then those other shows

were, like, I kind of like just stopped caring because I was like, what's the difference between $1,000 to $2,000 per show? Again, like I'm not going for the big paycheck that comes from it. So I kind of stopped caring to negotiate so much until the last Bachelor in Paradise season I went on. I was like, yeah, guys, I was like, I'll do it, but you got to pay me like $20,000 an episode or a day or some like some absurd amount like when I said it to I was like so vindicated I was like they're not going to get me for a for a dollar less than what I knew right now and then eventually as time we're on I was like you know what screw I'll just I think I went down for like $602 a day or something like that so similar to that to paradise round one yeah yeah yeah

and and dude those shows are crazy because it's like there's such so many contestants to pull from that like your presence doesn't really matter to them how much you know For winter games, though, and if you said it, I apologize, but what did it look like for winter games? It was very similar. It was like 400 days. But that one filmed over a much less shorter amount of time. Winter games was like the one thing where it was like, we were just doing it because it was like interesting and fun for the first time ever they had done it. But that one was like the ratings were horrible for it. The pay was bad. The setting wasn't that great. We were like in Vermont and it had snowed in so long. And so it was just like one of those things. It was like, why are we all here? Like this is kind of just a waste of everyone's time. For sure. And I think you've been perceived in so many different capacities.

like the hot single guy, the adventure nomad, the player, like you've had so many stigmas because of the different ways that you were like were at least captured on the show. I don't really want to dive into that. I know you've talked about it on so many podcasts. What I do want to dive into is how that actually affected monetization. As we're talking about this, the ins and outs of rates and marketing, did you, when you signed up for the show, did you ever think that this could be a financial opportunity? Or did you just say, you know what, I'm sick of work.

I don't like where I'm at. Let's just roll the ice you what happens. Yeah, definitely the latter in that sense. Okay. Like I said, up until I got that first deal for that mattress, I didn't even realize that you could monetize Instagram. Yeah. And I think I talked to like Ashley I Kennedy after filming Bachelorette,

like seeing if I should go on Bachelor in Paradise. And she was like, it would literally be a horrible like career slash financial move for you not to go to Paradise because she was like, I've had so many opportunities come to me through it. And I was like, opportunities. What do you mean opportunity? Like this was before Bachelorette even. air, you know what I mean? Sure. So I was completely oblivious to it, but obviously super

grateful for all the opportunities that have come from it. Like you kind of mentioned earlier, I try to keep my overhead costs pretty low. And as long as like the income is continuing to go up, it's like a nice little gap there, I guess. There you go. And you talked about opportunities and one of the opportunities I saw that you have, and you've had for quite a while now, I think I tallied up 152 episodes. Could be wrong there. But is the I suck at dating podcast with Jared. And I know you guys have had. Jared in there and you've had Vanessa in there. And so tell me a little bit about your vision into the podcast space now that you're there

from a rewarding factor and also a potential lucrative factor. What's your overall take on it now that you have a podcast that's been out for that long? Yeah, we've been kind of hot and cold with the podcast. As obviously, you know, you're hosting a podcast now. The work put in, it can vary from anything from an hour a week to 10 to 20 hours a week depending on exactly how involved you are and like post processing and all that kind of stuff. We have a pretty sweet deal with IHartRadio. So, you know, Jared and I are essentially like the on-air hosts.

We'll come in for an hour and a half a week, talk about whatever we have to talk about. IHartMedia does all the sales for all the ad spots. They do all the post-processing. I do all the sound engineering, all that kind of stuff. And because of all that, we've structured our deal. Well, I guess they structured it and we agreed to the way that they structured it by like giving IHart a pretty solid percentage of it. And I think that there are podcasts or podcast hosting networks or whatever. it is like there are like podcast companies that give you like a huge chunk of the pie of the ad

sales or the ad revenue but you're required to do a lot more of the legwork and so it's like a constant battle in my head like oh should we be doing a lot more of the legwork to be take more of the piece of the pie or should we be grateful with what we have and like very minimal work but with very you know still decent rewards I really enjoy it the checks for us come quarterly which is you know fine it's not like I'm not like getting rich off of our podcast sure I would say I've made probably like 50 grand a year on the podcast since its inception. I'll always tie it back to that job that I had in a light before going on the show where I'm getting paid 50 grand a year to talk on a podcast for an hour and a half a week. Like that, that I'm the luckiest person in the world

for that, you know? Right. But then I know there's like other people like my peers and my friends that have podcasts that have kind of like told me their figures a little bit. And they're raking in like 300 grand a year, 400 grand a year, just on their podcast. I'm sure, I don't know if you talk about Caitlin's numbers, but I'm sure her income off of her podcast is astronomical. But anything I can get, I'm just, I'm grateful to get whatever I get. So I wouldn't believe it unless you saw it. You wouldn't believe unless you saw it.

And I'm going to hope to have her on once to talk about that because that's not my place. But yeah, she does very successful with that. So what's interesting about the pod space, you know, again, open book. I'll tell you my whole deal here. So I'm with Dear Media. they might actually cut this out, but I'm going to put it out there because I think people should be talking about this. Dear media, they do a 70-30 split, so I get 70%, they get 30%. And then, other than that, there's no other like guaranteed income or anything like that.

But they do all post-editing, you know, they do all the behind-the-scenes work. But we book our guests, we do it, we send it in, they do the rest. Now what was different is the Bachelor podcast. I did some negotiating. It was originally going to be me, Hannah-Anne, and Tasia, and I'll probably get in trouble for talking about this. But again, it's my business, so I can talk about it. And I'm not contractually obligated not to talk about it. But they offered me that podcast, two and a half percent. It was a one-year deal, two and a half percent. And it was 100 grand a year, guaranteed. And I ended up deciding

not to do that. For a bunch of reasons, one, I just think, so the title of that podcast is clickbait. And so for me, it's just like, it doesn't at all fit into my brand and to your point. If you're going to be doing this and speaking about it every week and planning for it, it could be exhausting, it can get hot, it could cold, it can monetize, it can not. It can not. monetize and it's just like for me I have no I just don't have an interest in that I'm going to get bored with it this is the stuff I've been doing since I've been 15 and I love it and I love talking about it so even if it doesn't do well I feel like it's a good source of like information I enjoy it and so that was one reason the other reason is it kind of like competes with the whole

idea kind of competes with what Caitlin's doing and I'm not going to go into the same area same market that's going to compete with her so yeah but it's interesting to see how these how these networks just like work certain I've heard some some deals are just atrocious and then some people who absolutely crush it. Then you see Joe Rogan, best podcast in the country, getting $500 million for fucking exclusive. It's a wild world we live in, man. What was the two and a half percent you said? Two and a half percent like ownership in the podcast? So yeah, yeah, so the clickbait one with the bachelor group was the 100k a year and then it was two and a half percent of ad revenue. Oh, nice, nice. So obviously like suit. Now I get 70 percent of ad revenue, but I don't get the

guarantee. But the reason I made that wasn't a financial decision was more of the other things that didn't make sense. Well, that's kind of my thing, too, because my podcast, uh, help my suck at dating. If you're listening to this, feel free to shut the house over and check it out. Oh, yeah. I don't necessarily love talking about dating topics once a week, you know, but it's like at the end of the day, like I can talk about travel or photography once a week, I guess, but it's still great at the end of day, like have a platform to discuss things. Like, let's say there's something that I came up that I really wanted to talk about with whoever once listen, it's nice to be able to have that platform to be able to do that. And without that

podcast, you could probably find a way, but like, it's still like a nice, consistent conversation that you're able to have, I guess, even if it's not necessarily a topic that I want to be talking about. Like, there are times where I'm like, especially when I was single. Yeah. And everyone's like, hey, like, what's you update your dating life? And I'm like, man, I don't care to update you guys what's going on in my dating life right now. Like, it's definitely got a little bit better since Haley and like having a girlfriend some stability in that. But there were times where I was like, get me the fuck off this podcast. I'm miserable.

I come into the studio and I'm my anxiety. My heart is beating through my chest. Oh, dude, it was the worst. And any, I mean, I heart, I give them so much damn credit because any time I go on an I hard podcast, I'll start sweating bullets because the pre-production is so damn good. And they find ways to like get this shit out of you. Last time, I'm on with Ben and Ashley and within five, I've never in my, I don't think I cried on the fucking Bachelorette.

And I go on their podcast and I swear to guys. In the first five minutes, I started talking about my brother. And there's this moment. I remember seeing him bullied. And I literally in five minutes crying on their pot. I'm like, what the fuck? How do you guys do this every time? Yeah.

That's the credit to Ben and Ashley because they're pretty good at with it. I love it. I love it. So talk about help I suck at dating. That's Dean's podcast. You obviously are dating. Is financial as a topic that you and Kaelin talk about? Like, is this open conversation?

Or do you guys kind of just run in your own world and not bring it to the table? Yeah, super open conversation, which has been great. We actually have like a joint check. account it's amazing yeah let's say like let's say we actually got that pretty early on our relationship too wow let's say we're going on a date or we want to travel somewhere what we'll do is instead of like buying it and then asking for money we'll just like we have like a joint debit card you know so like we'll just use that joint card whenever we do stuff together and that's been great there are like sometimes points of contention where like let's say like i'm driving somewhere

or like let's say she's driving somewhere that she's already supposed to be driving to and she uses the joint card to get gas and like why use the joint card to get gas if you're driving there already like you should use your own credit card very like small little uh little tips like that but nothing too serious um but yeah especially with like buying a house together finances have to be pretty open and honest in in terms of like what we're dealing with and it's interesting because i think i've actually kind of thought about this a little bit lately one of the reasons that we are able to be so open and honest is because like things are good like you know like we have money to spend we can live comfortably we can buy what we want to buy if we want to buy it bad enough there's never really a point

we have to like really kind of like rub two pennies together to to make something happen sort of thing. So I'm always curious what will and what would happen if, you know, like times are a little tougher. We had to budget a little bit better. But it definitely makes it a lot easier knowing kind of what everyone's working with in the relationship. You know what I mean? I think it's a good system. Open communication and that works really well. Caitlin and I have been dating for two years and we haven't we don't have anything like that. We have a system, but we don't have a joint account. I think that makes so much sense. It's brilliant. And I think having those conversations are fantastic, especially because if you look at divorce rate, the number one reason for divorces is financial distress.

I'm curious of this. And this has not planned. This is not anything of that nature. But I'm very curious your thoughts. You might get engaged at some point. I'm not asking you to talk about that. But the whole ring buying process, and we are doing an episode, we have a jeweler because that's a whole different nightmare. And anybody and everybody that can get shortcuts in that industry will need them and we'll give them. But what is your thought process on the ring buying process? Are you the guy that's going to go buy the big diamond? Are you the guy that's going to be like, no, you're going to wear like, I want you to wear a rubber band ring because that's more meaningful. Like, what's your, give me your philosophy on it. I fully despise the jewelry industry.

I knew that was going to be the case. That's why I asked. And you want to know what's, you want know what's funny actually is to kind of take it back to even like the bachelor negotiations and they're like we want you to be the bachelor like I met with uh one of the heads of the studio and I was like sitting there in the studio with them and I was like hey let just you guys know like at the end of the show I don't want to ask girl to marry me with a big diamond ring like I don't believe in diamond rings I don't believe in that type of engagement um and they looked me dead in the eyes and they said Dean if you're the bachelor you're gonna fucking you're gonna fucking ask the person to marry you with the diamond ring and I was like I I probably

just lost it right then there by saying that because it just it's so crazy to me that people are going to go and you know shell out what is it like a quarter of your yearly salary to buy a ring for someone yeah it's a beautiful diamond ring who do you think came up with that strategy quarter of your salary it's this companies that sell them yeah but tell me a little bit i mean you said you despise it so what give me the full opinion of dean on the diamond ring engagement ring process i'm all about big expenses are perfectly fine they come with life but as as long as they add practical value to your life, you know, you buy a house, you live in the house, you buy a car, you drive the car, you buy a $30,000 ring, what is that ring doing

for you other than like it's essentially giving you social status, like bragging rights to your friends? Like, oh my God, look at this beautiful ring my fiance bought for me. It just, that money could be so much better spent somewhere else. And then you even like look at obviously like diamond mining and how like unethical that is and the carbon footprint of all that kind of stuff too. But the biggest thing for me is like the practical application of a big expense like that. A diamond ring has absolutely no practical value in my opinion. Sure, your, your fiance might love you more for getting you a $30,000 ring. But in my opinion, it's like, if Caitlin didn't love me because I didn't buy her a $30,000 engagement ring, then she's not the

girl for me. You know what I mean? Like if that is like a deal breaker for the person that you're getting engaged to, as long as that's what you value, in my opinion, it's not, they're not the person for you. Yeah, I think that makes a lot of sense. I need to get Caitlin on board with that too. But, Dean, this has been awesome. So we're going to wrap up with a cracking into the vault. I'm going to rip some questions off. I just want your natural intuition. You know how this works.

You have a podcast, but these are questions maybe you haven't had before. So if you're ready, let's get right into it. Tracking into the vault rapid questions. Here we go. First thing, what is the worst brand deal you've ever done? Could it be dollar amount or just embarrassed by the actual product or brand? I think any time I do like an in-person appearance. Obviously, COVID has stopped that a little bit, but like,

you know, you get paid $8,000 to go to a club in some little town and then just like have girls take pictures of you for three hours. Every time after ending one of those, I'm like, I just feel gross. I'm going to go to the hotel room and shower, uh, planning my money. And I just hope we never have to talk about this again. To you have anxiety the next day, you're like, this is a shit show. Uh, well, it's just like you feel like a zoo animal or like a piece of meat, you know, and it's, it don't get me wrong, the money is fantastic and I appreciate the offer. But it just, It's one of those things where I just feel a little icky afterwards. All right.

What is the biggest or best deal? So it could either be the biggest in dollar amount. You don't have to say the brand or it's a brand that you just love doing. It was a deal that you're just like so proud of. Yeah. I've been getting a couple of Nikon deals lately. And every time they want to do a deal with me, I'm like, oh, you want to do a deal with me?

Like I'm so glad because I love Nikon cameras. Like I got my start, like I started taking photography lessons on a Nikon camera. And I'm actually just doing one with them. now, they're paying me, I guess, yeah, we're just talking about it. So they're paying me just under 30 grand. They sent me all of like the top of the line camera equipment that they have, which I would have paid for anyways. And they're not even asking me to post anything. They just like want me to do testimonials. And I'm like, the fact that they're paying me this much money, sending me camera equipment that I already wanted really bad. And then like they're

not requiring me to do anything on my end. I'm like that like that to me is like the best possible situation, you know? And when you get organic brands that you use anyway, it just makes, you're like, I'll do it for less just because it's so naturally integrated. And someone who's in influencing space, I see your camera, I've seen you talk about the cameras and stuff, and I see the work that you do. And I'm like, I got to go buy that camera because then I'll be able to produce that. But little do people know, it's usually the artist behind the camera that's doing it. Sometimes, sometimes. No, I'm sure the equipment helps. Every time they want to work with me, I'm like, yes, this is freaking awesome for sure. Yeah. That reminds, there was one

deal, actually, same thing. It was 30K. And it was for, it was literally, I just had to go on radio shows and give what picks I thought for the NFL playoffs, who I thought would win and why using analytics, didn't have to do anything on social. Like, this is the best deal I could ever get in my life. It was like a dream country. Yeah. Well, and you get to like use your hosting personality and everything too. Yeah. It's awesome. You got to love that. So last question. Before we wrap up, the last segment we do is trading secrets. And we look for one secret in the world of Dean, whether it's influencing travel, technology, living in the van that people might otherwise not know. and it could be financial related.

But before we get to that, so think about it for a second. I know it's your 30th birthday next month. So I'm just curious how you're going to spend it. That's actually a funny question. I've got an answer for both of those. So this year my 30th birthday, I'm actually going to spend it in the DMV in whatever place I need to spend it because I'm changing my last name to my mother's maiden name. So I'm going to go from Dean Ungler to Dean Bell.

And I decided my 30th birthday is the day that I want to do it, just like a clean refresh kind of thing. So that's what I'll be doing my 30th. Good for you. I'm not exciting, not partying or anything. Do you mind explaining why or is it something you don't want to get into? No, I'll definitely explain why. So my mother obviously passed away when I was 15.

I love her to death and I want her memory to be able to live on in any way, shape, or form. And I think by honoring her by changing my last name to her last name would be, you know, pretty cool. My father, like I've thought about whether it'd be disrespectful to him or not to basically give up his last name and move it to my mother's maiden name. But then the more I thought about it, like he, he gave up his last name. His last name is no longer Ungler. It's, it's Kalsa. So I don't think that I kind of can't come to terms with being okay with that. So that's all, it's been my 30th.

And then, oh, yeah, thanks. And then what was the other one? Just random. Yeah, so where, can I ask you, do you think your kids, will you give your kids your new last name? Oh, sure, yeah. Definitely would give them Bell for sure. Okay. That's awesome.

And it's funny because my brother. is getting married next month, or in May, I guess. And his fiance is, like, Brad, you should change your last name to Bell, too, because I'd rather be Ashley Bell than Ashley Ungler. Like, if you're taking the last name, like, Bell is more enticing than Ungler, you know what I mean? Yeah, that's a beautiful story. A little bit more pretty. That's cool.

All right, well, where we'll wrap up, thanks for sharing that, too. We'll wrap up with the trading secret. So it could be anything about your business life, the influencing space, the bachelor world, anything that, like, a trading secret you can give that might, give some more information to the average consumer or might even help them as they're navigating their lives financially, professionally and personally. Well, I guess I don't have as much of an answer as I thought I did initially. But what's interesting is this year alone, since January of 2021, I've made more money investing

than I have influencing over the past like two years. And it's just, it's crazy to me. You always hear that old adage, it takes money to make money. But you never realize how truthful that actually is until you start like making real money and how much money it took to make that money. You know what I mean? So I like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, back to back in general. I'm like, hey, I'm going to dump this much money into game stock. Like, trust me, it's going to, it's going to skyrocket. And they would like do it. And then we

like come back and talk about how much money we made or like, you know, the tips or whatever, like you could have done better. And like, I'm always proud of how much money we're all making together. But it's like, if they're putting in a tenth of what I'm putting in, that means I'm 10xing the income at the end of it and so it's it's just been absolutely crazy so like through like some ridiculous investments like bitcoin and like other alt coins and all that kind of stuff like the income over the past three months has been absolutely insane and obviously we're like in a pretty bullish market in terms of crypto space but course that's been like one of my things too is a lot of them like 10x their investments and then now they're kind of getting into the place

where they're able to start making like real like substantial amounts of money and so I guess any advice or whatever I would have is it doesn't matter whether you're making a little or a lot as long as you're able to compound that and keep stacking on top of it rather than taking away the losses but it's been crazy man yeah it's like I'll I'll be super honest with Caitlin about that stuff too like all like for instance like a month ago this one like random coin I put like 10 grand in uh it like it was just sky rock and all of a sudden like it had 10x overnight and I was like sitting there like updating the coin base pro app and I was like I made $100,000 on this one random investment.

that I made some guy I was playing call duty with was like you'll buy this coin um and what coin the whole time I'm like it was called the graph it's like uh it's like decentralized I don't I mean who the heck knows what it is I sure know yeah I mean it's a lot of but uh but that stuff I'm super open with and honest with Caitlin too I'm like look I just like made the down payment on her house off of this like ridiculous game stop gamble I just made you know like I just make 50 grand game stop so there's our down payment like I feel like that is just so crazy to me it's like it and you would never do it like obviously you're only investing things that you're comfortable losing and that you should only ever do that yeah but it's just been it's been a very crazy like

eye opening three months where it's like okay all these things are going so well obviously it's never always going to go well for you but it's just been a it's been a bit of a roller coaster you know that is so cool that's something I didn't know that you do and that's more it's interesting to learn more about it other than the graph and GameStop can you think of any other investments you've made that you're that you're proud of or something that you think a little bit more about I'm like so curious about this. I got into Bitcoin late 2020 when it was down at like 15 grand. You son of a bitch.

Did you really? God, that's amazing. I didn't get in that big. I wish I got in bigger. So I have a guy who does the crypto investing for me, at least just with Bitcoin. I gave him like 50 grand in November. And I'm up, I think on that investment alone, just $80,000. So I've turned 15 to $130.

Go, Dean. I haven't checked the account lately, but every time. I check it. He's, he's killing it. And obviously, Bitcoin is obviously the one to think in that regard. But, but yeah, it's crazy. It's like I said, man, it's like to be able to just like nonchalantly give a guy $50,000 to invest for you and like not have to worry about it. I never in my life thought that I would be able to be in a position to do that. And obviously, I'm afraid of grateful and obviously to owe that entirely to the Bachelor franchise. So it's crazy for sure. And you know, you see returns like that and you're like, okay, cool. I just doubled my salary in

one investment from four years ago. You know what you mean? It's the coolest. And two, two things that I'm going to wrap up, because I could talk to you about this for hours. I know I've already taken too much of your time. But one, you mentioned 10x and you mentioned percentage. And I think it's really important for anyone out there listening. Even if you're investing $100 and you make $10, don't look at it like $10 and what the value of that is. Look at that as a return as a percentage, because you just made 10%. And if you can make 10%, think about what that correlates to savings account, paying 0.001. The other thing, too, is Dean alluded to it perfectly is like risk tolerance and risk management is so important. Understanding what your bankroll is and is a percentage of that

of what you're willing to lose and gamble. And having an idea, I make the correlation to casino. You go to the casino with 15 buddies. Everyone's going to have a different strategy. Someone's going to be like, yeah, I'm going to go put 10 grand on red. Another person's like, I'm not spending $1. I'm just going to get your free drinks. Those are definitions of different risk adversity and you have to understand yours before you make any move. The other thing, I think you said it right. We talked a little bit about The Bachelor and, you know, people can beat up producers in the show and every angle and every which way, especially cast that comes off, but all of us that have a platform because of the show are able to monetize it in ways likely we never would

have before. In the back of our heads, we all have to be very thankful and feel fortunate for the show that we did come from and the opportunities it's given us. The irony in my case, too, is I hate reality television. So, like, I was on the show, having, like, I watch it every once in a while and Caitlin watches it, but I hate reality television, but I'm super, super grateful for the things that it has open doors for me for, you know what I mean? So yeah, I agree. I agree with everything you said. But yeah, no, I appreciate you having me. This was a blast. Dean, I really appreciate it. It really is always an honor to catch up. It's been way too long. We need another night out and just go tear it up. But in the meantime, good luck with everything else. And congratulations on all

your success. Thanks, man. I'll talk to you soon. All right, my man. Thanks for being here. to the closing bell with David and Jason where we break down and recap our guest and David is the voice of the viewer, the curious Canadian, who will get my take on everything and also input his, and we just discussed with the one and only,

Dean Ungler, wow, so good to see Dean. And you know what, David, I was thinking about this. When we jumped on this, I'm like, you guys have met plenty of times before. Oh, yeah. Yeah, I've seen a couple times. I was at that aforementioned of Bill's game Monday Nighter with Blake and a couple of the other guys.

And I never forget the first time I met Dean. It was right when you got off the show. We were in New York City. We were at the bar, Ainsworth. There was a bunch of us there. And I was just like I am now, just a friend of yours and just a normal guy.

And I'll never forget, like Dean taking the time out of his day, Sunday, like everyone's going nuts around us to ask me questions, get to know me. What do I do for a living? Like, where am I from? And just such a nice guy.

And I remember him just at that time, just saying, you know, he was opening up like a book, like how lost. he was how he doesn't know what he's going to do for a living how you you got into the weeds with him about that stuff like how much you're making and stuff like you know me like we yeah you get like he yeah i get in the weeds he was just like you know curious canadian yeah exactly so

but it's just so good to see how good he's doing now um how much you know of a passion he's found obviously he's with a lovely lady and don't let dean fool you like he's a lot smarter um has a lot more perspective than i think sometimes people perceive or maybe that he gives himself credit for So it was just so great seeing Dean and seeing how happy he was. And I thought, you know, he did a great job. Yeah, exactly. And you got to listen to it all back. And yeah, Dean is a very well thought out guy. He's a great storyteller. Like, he tells his story succinctly, well thought out. And he knows what he's doing and how he's doing. And he's also kind of an open book, which I give him so much credit to. We had such a good time. I also think, like, in anybody, like business relationships, personal

relationships, take key note to what David just said. I think it's really important when you meet someone, something I look for is not only does that person talk about them, but they ask about you. And that's such a key indicator, I think, of someone's character. And that is the person Dean is. And like you said, don't let him fool you. You even caught his trading secret. The guy's made 100K on Bitcoin and his story, like anyone's. He was late to the game. He had a bad financial trouble early on, but he corrected that and it's never too late. And anyone listening out there, it's never, never too late. One thing that he brought up that kind of caught me off guard was, you know, he was talking about his journey in in terms of the amount of debt

that he got himself in 25K in debt. And he kind of like shrugged it off like it wasn't that amount. And I was like gasping. Like that's my biggest fear in life is being like any amount in debt. I had debit card tell I was like 25 because I didn't want to like getting credit card debt, which is a mistake financially. What was your take on that? You know what? So first of all, I think there's a big learning discussion there is his 25K in debt all stemmed from the hospital bills, remember. And so healthcare, not having the right coverage and the expense associated with it is one of the number one reasons that people actually go bankrupt. And so 25K, well, that sounds like a lot from a health care perspective and an issue. It's actually not the average United States

consumer holds $92,000 in consumer debt. And what consumer debt is, just for anyone that's like define what that means, it's just essentially something that you own as a result of purchasing a good. So that is in the form of credit card debt, student loans, auto loans, mortgages, et cetera. The big takeaway I have, and we'll have a whole episode on this, but if you're listening, you have credit card debt, it's time to restructure that. It is time to refinance that and repay it. You've got to get rid of the debt. It's the most expensive.

But to your point, David, 25K in comparison to the U.S. average, actually isn't too bad. Well, good. That's a success story then because he climbed his way out of it. That's right. And credit's real. I just, I just, we just purchased our first home in October and, uh, just having to go through and see your credit score and how much it affects like we locked in a 30 year mortgage, um, and seeing how like the tens of thousands of dollars that we're saving because our credit

score is 50 points higher than if it was X, Y, Z. So that was, uh, it's a real thing. One thing that, uh, I want to get into that Dean talked about was, um, his, his, his bachelor in paradise contract contracts, I should say, having gone through it twice. I'll never forget you coming off the show, going back to work, you actually didn't quit your job and they still let you come back, even though you were gone for the full time for, it was almost three months. I remember the code read phone calls, all those things when you were getting the offers and this and that, and you were close to being the bachelor as well. So you were trying to navigate what to do. Let us into that conversation from your perspective. What did that look like? How close were you

to going? What are you doing negotiations look like? I mean, David, you know my fear of needles, right? death, right? Like, death, I pass out, I'm that guy. I went as far with Bachelor in Paradise is getting the blood test. I got the blood test. I signed the contract. I did the negotiating. And I ended up not going.

There's a bunch of reasons why I didn't go. But one of the main drivers was I just got three months off of work. I had no idea what was going to happen or come from it. I got back to work, had my job. And my employer at the time, which I will get into the weeds about everything with my job. It ended up how I exited. And that's a long story. that we're not going to get into now.

But what I will tell you is they told me, if I went to Paradise, I'd lose my job. And there are many reasons I didn't go. That was a main driver. But I did. We talked about Dean's contract. I actually, I negotiated a 5K guarantee in 600 bucks a day. So that was my contract.

Never went, though. So that's that. Is that 5K and then 600 a week on top of that, or 5K just in case you got kicked off? They sent you home the first week. Yeah, so it's $600 a day. And then it's $5K. no matter what. If I go home day one, you get that at least 5K. The reason is because I was

like, if I'm going to actually go down there and potentially have an issue with my job, like I better make some money, so they guaranteed the 5K. Ended up not going. And I just want to really quickly put this out there that the reason I talk about these numbers, I'm not trying to like, I hope producers and stuff don't get upset with this stuff. It's literally verbatim the point of this podcast is to break this stigma. We all need, it doesn't matter if it's a reality contract or it's your work contract, or it's how much you paid for a house, or how much you've gotten investments, the quicker we can break this stupid stigma that I was born into, which is like, don't talk about this stuff, is the better we'll all be. The more information we have

as consumers, the more information at our disposal about what we make and what our value is and what we're doing and how people are getting paid, the better we can be. And the more that we try and keep that a secret, the worse off, this isn't a means of bragging or being arrogant. The worse off everyone else will be. Let's give people more information. We're going to do it in all forums. This just happened to be a reality show. And the more information we could have the better consumers and investors and decision makers and employers we could be, the better off we'll all be. I think Dean hit the nail on the head where he was like, it's liberating to talk about this. We should talk about our finances. We should talk about this more because it gives the

corporations, it gives them more power. The more we're silenced, the more they have control. The more we talk about it, the more we can understand our self-worth, our self-value. So I thought that was was really, really good. One other thing that he talked about, which I think is a really important thing in just life and relationships is the conversations about finance in a relationship. And he had some really good examples with him and Caitlin. Where are you and KB Ed? Do you guys talk about money in your relationship?

Yeah. I mean, that's a David, brilliant question. So first of all, I thought I was blown away by the joint checking account, just dating. I think that's smart, though, because you think about how many times you go to dinners and stuff like that and you know who takes what i like the idea of like you know put put a few hundred bucks whatever you can budget put in an account own it together and then when you do stuff just take from that account i thought that was a really good idea we do Caitlin's financial um whole situation like Caitlin's always been very successful uh especially the last few years she's just been so

successful but rock star money yeah managing money is not been her forte now she doesn't spend money It's just she doesn't know like what it means, where it is, who, like when it should come in, all this stuff. So when I got in, we created this whole 360 approach. Like I have every angle covered for her of checks and balances. So her accountant is watching every single transaction. We have an assistant that's managing her AR to make sure payments that she's due aren't late. We have her manager on it. So almost every single person that has different incentives are all in this system of checks and balance so that there is a complete accurate communication of what she's paid, when she's paid and how she's paid.

But that being said, we don't have a joint account, but we are open and honest with where we stand from a debt perspective, how much we make, what our plans are, the next home we want to afford, all that stuff. Well, let me tell you, as a married man, sometimes, you know, you're not a married man yet. So that may change. But I just think, you know, in life in general, I'm not going to get too deep into the weeds in this. But I just think it's so talk about empowering conversations. Like, if you're going to spend the rest of your life with someone and with the way the divorce rates are in this country, most of the, those. divorce rates are probably attributed to finance. And the more you can get on the same page and be comfortable and supportive and understanding like, hey, let's lay it all out there. Before we're

going to spend the rest of our lives together, how much money do you have in the bank? How much money do you have been saved, invested? Do you have a retirement? Because that sets up, well, we know we want to have this type of house. We want to know we want to have this many kids. We know we want to live in this area. The more you can have those conversations, I think the better off it is. So to hear like KB and you, like, you know, it's all about just supporting and learning from one another. And it's just to each their own, too. As long as you're having a conversation, it doesn't have to be the same across the board. Yeah.

And I think to your point, David, it makes perfect sense. Too many people out there use money as a leverage tool within their relationship that has nothing to do with the relationship. Like, if you're not making as much money as your partner, that doesn't mean shit. That doesn't mean you're less valuable. I don't make, Caitlin makes way more money than I do. And that doesn't mean that I am less of her or whatever. there were years in my career where I made way more money than she did into I think having those

open conversations and knowing kind of like where you guys like how you're going to meet in the middle of one person suppose you're in a relationship now and you're making you know let's say one I'm just making this up you're making like one fifth of your partner having those open conversations like I can afford one fifth of my partner too I can't afford the same for you on those things because I don't make so much and I just think that is such an equal balance because anyone, especially these days, like everyone saw a show, they got all this stuff. Like, just breaking down the bullshit, understanding where you stand and having a common agreement with your partner is imperative.

The only thing that needs to be 50-50 in a relationship is love. There you go. Actually, I was just talking to Caitlin about this. There's this motivational speaker out there who talks about the fact that it shouldn't be 50-50. It should be 100, 100. The reason it should be 100 is because there's going to be days. Like, if you're always trying to work to give 100, there's going to be days like where you're putting in 70 and your other partner is putting in 30. 30, but there's going to be days where you're putting in 80 and your partner's putting in 20 and

vice versa. And if you both work to give 100, it leads to just like above the average expectations and help when others are down. Look at us in the weeds. In the weeds already. All right. Ding, ding, ding, ding that with the closing bell. David and Jason, the curious Canadian himself digging into the weeds with me. I'm already sweating and this is only the first episode. Guys, thank you for joining us. We have an incredible episode coming out next. Monday so be ready and if you could you enjoyed this please keep us coming back subscribe tell your friends and most importantly give us five stars on the reviews if you put in a comment some feedback insight also leave your IG name because we will make sure to follow you and

additionally we might be doing a little giveaway so IG name five stars subscribe and thank you for joining us for our first of many episodes of trading secrets Paying on me, making that money and money, living that dream. Making that money and money, money, pay on me, making that money. Money, living that dream.