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Afrobeats singer Bella Shmurda has revealed that he nearly went bankrupt due to an extravagant lifestyle.
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Speaking in an interview with YouTuber Korty EO, Shmurda said accommodating and sponsoring his friends’ lavish lifestyles also drained his resources.
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The music star said the experience made him change his approach to money management.
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“I used to have a lot of money but I rushed things. I wish I was wise then. I was just buying things extravagantly, things I eventually had no need for,” he said.
“At this point, as I am getting new money, I have to think about every move I want to take. I was accommodating up to ten of my friends back then and we were all receiving female visitors. I bought three cars at once just so that my friends would go out with me in convoy. I was reckless,” he added.
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Bella Shmurda urged his colleagues and fans to manage their money with wisdom to avoid bankruptcy and learning the hard way.
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