Kristin Cavallari is speaking out about the financial details of her divorce from ex-husband Jay Cutler, and she's setting the record straight.

In the June 18 episode of Honestly Cavallari: The Headline Tour, Cavallari addressed public speculation about Cutler's involvement in her company, Uncommon James. "Our revenue is close to $50 million a year, but because I was obviously a WAG - athletes' wives and girlfriends, if you're not familiar - people love to say that everything I have in my life is because of my ex-husband, and that my ex-husband funded Uncommon James," she shared. "But I am, to this day, 100% owner, and I've never taken any outside funding."

"I have never gotten a penny from my ex-husband," she claimed. "I didn't get any money from our divorce, so let's just clear that up."

Cavallari also opened up about why she "hates" the term WAG. "In society, you have to have a man," she began. "Then in the WAG world, you have to have a man, but you're only supposed to be arm candy and really, you have no identity."

Cavallari also talked about her standards for a future partner, saying that they are higher than they used to be. "I am never gonna settle," she noted. "I am waiting for my perfect."

Read more about Kristin Cavallari's past relationships here.

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