Friday, December 14, 2018
Why Rappers, Singers, Athletes & Actors GO BROKE!!! (100% Facts)
This video is about financial literacy and it's Based on a True Story. In this video, I give my perspective on why most rappers, singers, athletes and actors, go broke. Most creative and talented people fail at financial literacy. In college, I would get an A in English class, and a C in Math. I was personally more interested in writing and the arts. A lot of us are very creative and talented in many ways, but we'd fail doing simple accounting. In this video, I tell my story of how I squandered through millions of dollars in the matter of 1-2 years. Creating an expensive lifestyle for yourself, is the number one reason that people go bankrupt. Financial literacy is just as important as making the money itself. If you have no financial literacy, then you will fall victim to your spending and everyone around you. We always hear stories of guys from the NFL, NBA, MLB and NHL making hundreds of millions of dollars, then going broke and filing for bankruptcy. How does this happen? How do you spend $100 million dollars? If you're sitting at home, you may be wondering how this is possible. I will do my best in this video, to explain the correlation between financial illiteracy, having millions and going bankrupt. I also talk about how drug abuse, fake friends and excessive eating and spending can lead you on a downward spiral, financially. Leave your feedback in the comments below and make sure you Subscribe, Like & Share this video.