Afrobeats singer, Bella Shmurda has revealed that he nearly went bankrupt due to an extravagant lifestyle.
Speaking in an interview with YouTuber Korty EO, Shmurda said accommodating and sponsoring his friends’ lavish lifestyles also drained his resources.
The music star said the experience made him change his approach to money management.
“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.
Bella Shmurda urged his colleagues and fans to manage their money with wisdom to avoid bankruptcy and learning the hard way.