Spencer Pratt, the former reality television personality known for his role on 'The Hills,' is currently running as a Republican candidate for mayor of Los Angeles against incumbent Mayor Karen Bass.In a recent appearance on the 'No Jumper' podcast, Pratt discussed his financial history and future plans should he fail to win the election.

He acknowledged that he lost approximately $10 million during his twenties after achieving significant fame and financial success through reality television.Pratt defended the way he spent his money, explaining that he used much of his wealth to support friends and acquaintances.

According to him, he financed aspiring rappers and mixed martial arts fighters and even purchased professional clothing for people pursuing careers in real estate.

Pratt stated that he enjoyed helping those around him and maintained that he would make the same decisions again despite criticism that his spending was irresponsible.Looking ahead, Pratt said that if voters do not elect him mayor, he already has a clear alternative plan.He would return his focus to Pratt Daddy, his healing crystal business, while spending more time with his family and supporting local restaurants.During his campaign, Pratt has criticized Mayor Karen Bass, arguing that taxpayer funds have been mismanaged under her administration.The article presents Pratt's comments about his past finances, his campaign against Bass, and his intentions in the event of an electoral defeat.

It highlights both his unconventional political candidacy and his willingness to return to private business if his bid for public office is unsuccessful.