Even after Saweetie He signed his first record agreement, he did not blow his income.
“I was really frugal with my money at first, and there was a really long period of time where I was only working on my ass,” said Saweetie, 32, on Wednesday, July 9, the episode of the “Networth & Chill” episode ” podcast. “For some reason, I had called to ask my accountant how much money I had made. I had so much money and I liked,” Where Dimonis I got all that money? “”
The rap star added: “It’s because I Wasn’t scared In everything, though, unfortunately, after that, I started spitting. I should never have made this call, but because I lived below my means and I was not really attentive what I was doing, it only bothered me and then it was like a shark that does a little blood. “
Saweetie (born of Diamonté Harper) also admitted that supplying extravagant luxury articles was “one of the worst mistakes” he made economically. According to Saweetie, he paid for his student loans from his four -year university enrollment from South California University, bought a new Wagon G SUV and new design clothes and bags. She Also lended money to intimate and family friends.
“If someone close to me needed money, I would give them a ski pass,” he recalled. “I was very generous with my money and I do not recommend it. When you give someone a lot of ski pass, they expect it to be so easy each time. So I started creating boundaries because there were those who thought money only grew from trees. I liked,” No, I’m working on my ass. “
In addition to gaining income from their prosperous musical career, Saweetie has also found financial success through various social media brand offers and after launching several companies.
“When you have made so much money and you have not had money before, sometimes you are so happy that you have made money (and) don’t really plan your money,” Saweetie added. “For me, whenever I have enough to pay my bills, do – I do it, I’m fine. I’m in a time of my life where I have made the wrong decisions with money (before).”
After manipulating his finances, Saweetie chose to hire an external team to help “manage money”.
“Now, I’m thinking differently,” he said. “A money goal is to have passive income in the millions.”