Stay Or Go: Bitcoin!

Kayla is having financial issues trouble with her finance after he told her he spent all of their money they invested in Bitcoin!

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Episode Transcript

Speaker 1 (00:00):
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all right, Kayla is here? Good morning, Kayla?

Speaker 1 (00:36):
How you doing?

Speaker 2 (00:38):
Hi?

Speaker 3 (00:38):
Good morning, and well how are you, Kayla?

Speaker 2 (00:40):
Welcome to the program. Doing great? So you reached out
to us about your fiance. You guys you met a
few years ago, and we're getting into some financial territory
here too. This is you know, this is a place
to come for any sort of cryptocurrency news and advice.

(01:02):
On the pulse of the market. Kiki is on the
pulse of all things financial. So what's going on with
this guy?

Speaker 3 (01:10):
Well, I appreciate you taking my call. Listen. So a
few years ago, I was, you know, my fiance and
I were doing a lot of research, well he mostly
he was doing research on bitcoin, and he seemed to know,
like really what he was doing with it, and so
we decided to invest a lot of affair amount of money.

Speaker 4 (01:34):
On bitcoin.

Speaker 3 (01:35):
We went fifty to fifty and he said that he
was going to do well, he said, to grow it
in the future.

Speaker 1 (01:41):
You said, a few years ago you did this. Yeah, yeah,
and you rich Redge girl.

Speaker 2 (01:48):
Okay, well, so yeah, that's my financial that's that's that's
how I feel about that financially as your advisor, girl,
you rig Ridge anyway. Okay, so years ago you invested
in this fifty to fifty then.

Speaker 3 (01:57):
What so, which you know, that's also what I thought.
But so, okay, we're getting married and like, as you know,
weddings are super expensive and at the moment, we're pretty overbudget,
and so I asked him, you know, like, hey, what
about the bitcoin? Could we use some of that to

(02:18):
pay to the venue? And my fance reacted really weirdly,
and so like it took you know, I kind of
prodded him about it, and then he finally told me
that when he checked on our you know, on our account,
it had grown a lot and obviously and then he

(02:40):
cast it out and used it to pay apparently some
of our bills and then apparently also a vacation that
we took and I had I had no idea, And
so how.

Speaker 1 (02:54):
Much you invested?

Speaker 2 (02:55):
But since in the last five years it's up one
thousand percent, so whatever you invested, it was a ten
x like whatever you put in. I mean, that's we're
not talking about I don't know how many coin you
have or whatever, but like we're not talking about an
insignificant amount of money that he apparently decided to delegate
to something else. I mean, we're talking probably tens of

(03:17):
thousands of dollars.

Speaker 3 (03:18):
Well yeah, yeah, exactly, Okay, yeah, and apparently it's all gone.

Speaker 2 (03:27):
All it's all gone or like some of the inkrey
he spent all of it.

Speaker 3 (03:34):
And you know what, that's also a question that I have, you.

Speaker 2 (03:37):
Know, I mean, because if you bought one one coin
is worth one hundred and seventy thousand dollars. I think
I haven't looked recently. Let me see you what is
one coin worth? One bitcoin?

Speaker 1 (03:46):
My brain just like automatically shuts off. I don't understand.

Speaker 2 (03:49):
I want to understand wind bitcoin value. One hundred and
eleven thousand dollars today.

Speaker 1 (03:53):
I wish I could get it same.

Speaker 2 (03:55):
Why was I could have gone ten years ago one
hundred and ten grand anyway, So you don't. So he
took money that is both of yours that he has
access to you. He spent it on things that are
for both of you. But he did it without asking
you if that's what you wanted to spend it on.

Speaker 1 (04:14):
Yeah, huh.

Speaker 2 (04:16):
Now, why didn't you have access if you put half
the money in and it was growing at the rate
that it was growing. And I'm sure you sort of
out of the corner of your eye were watching this
because you can't really miss that that, you know, crypto is.

Speaker 1 (04:28):
It's been pretty vollatile.

Speaker 2 (04:29):
So I mean, why why did you not ask for
access to this account too so you could look at it?
Because I think I would, you know, if I put
half of some an investment in and there was a
way to look at it, I'd probably you know, take
a little look see every now and again.

Speaker 5 (04:41):
But no, you know, I.

Speaker 3 (04:46):
Hear you there, and that's the way that I wish
I would have gone about it. But I guess I
kind of in my mind was sort of going about
it in like sort of like a traditional way and
was sort of like, well, you know, I'm going to
be with this man, and I trust him, and you know,
he said, you want to take care of our finances.
So I just kind of, now that it's coming out

(05:09):
of my mouth, I kind of like blindly trusted him
with my money, and I feel like a fool.

Speaker 1 (05:17):
Now, let me ask you this, Kayla, because why I'm sorry.
Continue I apologize.

Speaker 3 (05:22):
Well, just now here I am on a radio show.
I knew about how my money was taken away from people.

Speaker 2 (05:29):
Well, there was nothing to be ashamed of calling a
radio show for advice. There's absolutely nothing. This is what
we do and there's nothing shameful here. But I guess
you didn't do anything wrong. But where did you think
the money was coming from to pay off these joint
bills slash go on vacation? So like, if not from there,

(05:50):
did you just think he had You just thought he
had enough money to pay for this stuff and didn't
even consider that he was dipping into that fund.

Speaker 3 (05:58):
I didn't think much about it at the expenses. Like,
we we both have good jobs, we both work full time.
He makes does make more than me, and so I honestly,
I didn't. I didn't see anything of it. It never
crossed my mind.

Speaker 2 (06:14):
Oh yeah, this is this is interesting because like maybe
you wouldn't have gone on the vacation or chosen to
pay the bills if you had known that this was
happening because you were counting on this money for something else.
So you know what I mean. Like, so this guy's like, yeah,
we can go on vacation, Sure, I got you. Or
let's go on vacation, and he pays for it. But
if you had in my mind, if I'm with someone

(06:37):
and they say, hey, let's go on vacation, I'll cover it,
then you've got the money to pay for that. If
we're going into our savings to pay for it, that's
a different conversation that we have to have together exactly,
because then you have to ask yourself, is this vacation
worth it? Are these Is this the financially responsible thing
to do to pay these bills off? Right now? You
know there's a lot that goes into that. So I mean,

(06:58):
you had a right to know when the money that
you that's half yours was being spent. In hell, in
my opinion, you had every right to know even if
it benefited you, but he said that he.

Speaker 4 (07:10):
Used it on stuff for us, and so he's like,
he doesn't.

Speaker 3 (07:14):
I guess he's at a point where he doesn't understand
why I'm so mad about it.

Speaker 1 (07:19):
I would also ask for a full accounting. I would.

Speaker 2 (07:21):
I would ask like, okay, great, so you spent all
of our bitcoin, which again I don't know how many
you had, if it was one or a part of
one or whatever, but we're not We're talking about probably
tens of thousands of dollars and a big increase over
when you bought it five years ago, so there was
a fair amount of money there. So I think i'd
also be like, hey, let me see where you spent it,
because that's a lot of I mean, I don't know
what kind of vacation you went on or what these

(07:44):
bills were, but like, unless it was a lot, then
I think he's I don't know where, I don't know where.

Speaker 5 (07:50):
Away he's taking care of another family on his status, and.

Speaker 2 (07:52):
I'd like to know boy eight five five five one
three five you guys, I'd love to hear what you
have to say about this. I don't think you can
trust this guy. He's it's not for him to go
spend joint funds without talking to you. And then I
also think he spent all of it, Like where did
it go? Let's see?

Speaker 3 (08:13):
Yeah, yeah, well, and I'm really at a point I
just I don't know if I really can marry someone
who's such a good liar, Like.

Speaker 2 (08:22):
Yeah, I don't and and so and in his counter
argument as well, I spent it on you, Well did you? Okay, fine,
all right, well maybe we didn't have as much as
I thought. I'm it, just show me. But then it's like,
but I also didn't authorize. I didn't know this is
we were spending that money on this. Now in your mind,
it was this was going to be for the wedding. Well,
now we don't have any money for the wedding. Now

(08:42):
what are we supposed to do? So, yeah, this is
all very shady to me, Cayle. I'm gonna take some
phone calls to see what people have to say. I
have a good day and good luck. Yeah you got it.
These guys co invested in some crypto five years ago
is worth a bunch of money. She wants to know
where it is now as they're planning a wedding, and
he says oh, I spent it on our vacation. I
spent it on some bills already, but you were there

(09:05):
and they were your bills. So hey, it's all good, right,
But like, no, not right. I mean it was half
my money, so we're half. I get half vote in
how we spent. And by the way, whose bills? Your bills?
My bills? Right?

Speaker 1 (09:19):
You know, where are the receipts?

Speaker 5 (09:21):
I need to see exactly what you need a breakdown
of where the money went and what's in your account
right now? Because why did you need to dip into
our savings if we both are working right now? Like,
what do you have going on? Are you gambling on
the side, you got a drug problem, you got a family?
What's going on? And girl, I believe everything happens for
a reason. So the fact that you're finding this out
before the wedding and it's stopping your wedding planning might

(09:43):
be a sign.

Speaker 1 (09:44):
Yeah, Marvin, Hi, Marvin, how you doing?

Speaker 3 (09:46):
Hey?

Speaker 6 (09:46):
Marvin?

Speaker 4 (09:48):
Hello?

Speaker 1 (09:49):
Marvin? What do you you hear this this scenario? What
do you think?

Speaker 4 (09:54):
Run for the hills?

Speaker 1 (09:55):
Yes, right, you gotta go, Like where doll this money go?

Speaker 7 (10:01):
My thing is if she is willing to just go
behind her back, use the money and.

Speaker 4 (10:07):
Not even tell her, Hey, I'm didn't get to this
account and just.

Speaker 1 (10:10):
Gonna do it. Oh Willy Nelly whatever the word. Yeah, yeah, there.

Speaker 5 (10:17):
He will.

Speaker 7 (10:17):
He is there that he is willing to do it again, uh,
and not feeling shame about it.

Speaker 1 (10:22):
So she should run run for the hills. And like,
why wouldn't you discuss that?

Speaker 2 (10:25):
Why wouldn't you say, like, hey, we had a chance
to pay off a big chunk of our debt and
we can go on this cool vacation. Well maybe maybe
outside of savings, you can't afford the vacation, right, Like
maybe that money was supposed to be over here, it
wasn't to be spent that way, but you and I
guess you could say, Kaylor should have asked that question, well,
where'd you come up with this money to buy you know,
this trip or whatever?

Speaker 1 (10:45):
But maybe I don't know.

Speaker 2 (10:46):
Maybe in her mind he makes enough money for this,
So where's that money? Then where's the money?

Speaker 1 (10:51):
Marvin? If someone to pay for a trip for me,
I'm not asking where the money is coming from.

Speaker 6 (10:56):
I'm going on a free trip.

Speaker 2 (10:57):
Yeah, yeah, I don't I don't say it to Yeah,
thank you Marvin, have a good day. Thank you. I
agree with you, and you know, I don't like to
go to the most sinister place. I don't know that
it's infidelity per se, but like this is how this
is what happens when people are gambling. This is what
happens when people have some form of addiction. I'm not
saying he does. I don't know, but like this is

(11:17):
the kind of thing people do when they are chasing
debts or you know, yeah something. Well, wow, we just
did go there. We just was it to mafia. We
went straight to the mafia. Hey Rachel, Hi, good morning,
Hi Stayer, goat what do you think?

Speaker 6 (11:37):
Absolutely? Go? She needs to run. He has shown her
everything she needs to see. It's super unfortunate to have
lost everything, but if he's been sloppy with his money
in communication right off the bat, he has shown her
everything she needs to see.

Speaker 2 (11:51):
Yeah, I need to see this account, like me personally,
I need to see this account, Like I want to
see where it all went because it would be pretty clear.
I mean, if you had I don't know tens of
thoul and I'm making this up, but if you had
tens of thousands of dollars, like.

Speaker 1 (12:03):
Where did it all go? Like what kind of trip
did you take?

Speaker 2 (12:06):
Like we went to Saint Louis Man, Like you know,
like how you spend that much?

Speaker 6 (12:11):
I was so exciting these days. It would have been
a way more clout to say that he had crypto
then he went to Hawaii or wherever he.

Speaker 2 (12:18):
Well, yeah, thank you, Rachel, have a good day, Thanks
so much?

Speaker 1 (12:24):
Is it Naim? Is that right?

Speaker 2 (12:26):
Yes?

Speaker 4 (12:27):
Sir?

Speaker 1 (12:27):
Hey, good morning, Brad. There go go.

Speaker 7 (12:32):
Why well, I think she uh, he did not communicate
well enough in regards of making this decision. I feel
like this is a you know, a marriage decision or
if he has a decision regardless, like you know, it's
still a relationship decision. And if for whatever reason, you know,
he's saying he did what he did, like if I

(12:53):
was sure, I would ask for like some kind of receipts.

Speaker 1 (12:55):
Yeah, oh yeah, you.

Speaker 7 (12:56):
Know, like some kind of proof, like all right, you
say you did this, but can you back it up?

Speaker 2 (13:02):
Yeah, Like I'd like to see what debt we don't
have anymore? Like, well, that's good. What bills am I
paying that I don't need to be paying anymore because
you paid him up? Thank you for calling.

Speaker 1 (13:11):
Have a great day.

Speaker 2 (13:13):
Appreciate you listening to Hey, Sheila, good morning, Good morning guys, Hey,
good mornings.

Speaker 4 (13:19):
There go go leave with show bridle heels home.

Speaker 1 (13:26):
Yes, yeah run.

Speaker 4 (13:28):
The biggest thing out of all this, honestly, is that
he hit it. If it wasn't for her inquiring about it,
because she was asking about using the funds for something else,
for venue, he wouldn't have even told her wants to
be married to somebody like that. That's I'm saying, like,
when somebody shows you who you are, believe him. He
showed you who he was. You know how many marriages

(13:50):
and from finances. Please don't do that. Leave.

Speaker 2 (13:54):
And he had to know he was doing something wrong
because he knew a wedding's I mean, they're engaged, so
he knew a wedding is forthcoming. Where was where was
the money going to come from for that? If they're
planning a wedding, if not for this slush fund that
they thought they had, Like, I don't know, this is
very And if he had tons of money saved himself
or something, well then he can just recoup the account.

Speaker 1 (14:15):
But it sounds like he doesn't.

Speaker 4 (14:18):
And supposedly he makes more than her, then what would
he do with his money?

Speaker 1 (14:22):
That's when he wakes right, exactly. His money's funny. Now,
where's his money?

Speaker 4 (14:27):
Right? Everybody's money funny? Now whatever he does, like when
you're married, you're one unit. But whatever that man is doing,
she has to deal with it. No, no, no no no.
This wasn't nobody but Jesus saving her.

Speaker 1 (14:41):
Thank you you do it.

Speaker 4 (14:43):
Sometimes sadness turns into protection.

Speaker 2 (14:45):
Hey, all right, left, thank you she did ay, And
you know what, drop drop the money.

Speaker 1 (14:51):
We'll leave it right there.