Stay Stingy: Akon Shares Tips on Financial Success 💰💡
If you aspire to maintain your wealth, Akon has some advice: stay stingy. In his own words, “If you want to stay rich, stay stingy.” Akon, a well-known figure in the world of hip-hop, shares his insights on managing finances and reveals why he swiftly parted ways with his private jet after owning it for a mere 6 months.
Stay Stingy: Akon Shares Tips on Financial Success
Akon’s perspective on wealth management is refreshingly pragmatic. He experimented with jet ownership, but it didn’t take long for him to realize the pitfalls. He quickly sold the extravagant possession. According to him,
“If you want to stay rich, stay stingy. I’m the stingiest guy on the planet. I attempted to own a jet, that ish lasted 6 months, I sold that thing so fast. Buy some hours and use it only when necessary and most of the time use it as a way of negotiation, let that be a part of your strategy to the money but whatever you do, never own a jet.
Owning a jet is you spending two, three million dollars a year just for upkeep. You spend more on the maintenance than the actual jet cost. This is the advice I give everybody, the money you have now has to last you a lifetime, when you think about it like that, the way you manage everything will be different.”
He emphasizes that the money you possess should be viewed as a lifetime resource. This perspective transforms how you manage your finances. When you think of your wealth in terms of its longevity, your financial decisions become more prudent and forward-thinking.
So, what are your thoughts on Akon’s financial wisdom? Share your comments below, and don’t forget to follow The Urban Spotlight for more urban and hip-hop celebrity gossip, as well as insightful tips on wealth management.