Dean McDermott denies he and Tori Spelling are broke

Dean McDermott is firing back after a quote taken from his wife Tori Spelling sparked rumors that they might be struggling financially.

“Right now things are going well,” Dean McDermott, told Us Weekly.

“I have several exciting projects in the works. Our show Dean and Tori’s Backyard Bash just re-aired to great ratings, I’ll be the new host of Chopped Canada and I have my first cookbook coming out – The Gourmet Dad, in the spring … Tori’s book [Spelling It Like It Is] just launched this week and things are good.”

Earlier this week, Tori Spelling, 40, was quoted in a People magazine article as saying that the couple couldn’t afford a vasectomy.

“We’re in the entertainment business, and things change year to year,” Tori Spelling told People magazine of their financial situation.

“We don’t have a series on the air right now, so we have to be more restrictive of what we can spend, just like anyone who doesn’t currently have a steady job.”

Dean McDermott directly refutes the vasectomy claim, telling Us Weekly: “Could we afford a vasectomy? Probably. … Was it a tougher time for us financially? Yeah. For sure. That’s just the truth of it – it’s the nature of this business.”

Tori Spelling and Dean McDermott, who wed in 2006, have four children together: Liam, 6, Stella, 5, Hattie, 2, and Finn, 13 months.

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