“I’m the stingiest guy on the planet”- Akon Speaks on How to Manage Money
Senegalese-American singer, Akon has spoken on how he manages his money noting that he is the ” stingiest guy on the planet”.
The singer revealed this while appearing on the latest episode of the Impaulsive podcast.
Akon advised people to stay stingy and not waste their money on acquiring private jets because of the high cost of maintenance.
The ‘Smack That’ singer counseled music stars and celebrities to negotiate its usage if they want to stay rich and make the money they have right now serve them a lifetime.
He said, “If you want to stay rich, stay stingy. I’m the stingiest guy on the planet.”
“I attempted to own a jet, but it only 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 negotiating; let that be a part of your strategy for the money, but whatever you do, never own a jet.
“Owning a jet means you spend two to three million dollars a year just for upkeep. You spend more on 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.”
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