Nigerian music executive Michael Collins Ajereh, popularly known as Don Jazzy, has advised young Nigerians on the importance of financial discipline and smart investment choices.
Speaking in a recent video, the producer reflected on what he believes is a major reason many youths struggle to maintain wealth despite earning well.
According to him, poor spending decisions and unnecessary purchases often lead to financial instability among young people.
He stressed that long-term wealth can only be sustained through proper financial planning and continuous self-investment.
“The reason Nigerian youths go broke after making a lot of money is because they spend on irrelevant things and things they don’t need. I’ve been blessed enough for a long time to be able to afford any car that I want or even to buy a private jet or whatever but I have more important things to take care of, I have family to take care of… I’d rather invest in other things. There’s nothing that beats investment, including investing in your own self, including going to acquire knowledge of something you can charge people for. Even the Forex I’m learning now, I’m investing in myself,” he stated.
He added that investing in knowledge and personal development remains one of the most reliable ways to build lasting wealth, noting that he continues to learn new skills as part of his own financial growth journey.
