{"id":14548,"date":"2026-04-16T06:36:16","date_gmt":"2026-04-16T06:36:16","guid":{"rendered":"https:\/\/typicalnaija.ng\/?p=14548"},"modified":"2026-04-16T06:36:16","modified_gmt":"2026-04-16T06:36:16","slug":"why-most-nigerian-youth-go-broke-after-making-money-don-jazzy","status":"publish","type":"post","link":"https:\/\/typicalnaija.ng\/?p=14548","title":{"rendered":"&#8220;Why most Nigerian youth go broke after making money&#8221; &#8211; Don Jazzy"},"content":{"rendered":"<article id=\"post-82955\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n<header>\n<div>\n<p><a href=\"https:\/\/web.val9ja.com\/@harrison\/\">                  <img alt src=\"https:\/\/secure.gravatar.com\/avatar\/230065299a1da65655f6f15327f55db3589cded3e98a2dc0ee4611bdc89b48da?s=48&#038;d=mm&#038;r=g\"  height=\"48\" width=\"48\" decoding=\"async\">            <\/a><\/p>\n<\/p><\/div>\n<\/header>\n<div>\n<figure><img fetchpriority=\"high\" width=\"715\" height=\"429\" src=\"https:\/\/web.val9ja.com\/wp-content\/uploads\/2026\/04\/images20.jpg\" alt decoding=\"async\"  ><\/figure>\n<p>Nigerian music executive and Mavin Record label boss, Don Jazzy, has revealed the peak reason most young men go broke after hitting incredible financial paychecks.<\/p>\n<p>He fantasised on the view of most young men fascination inclined in buying irrelevant properties that will eventually land them into a financial distraught.<\/p>\n<p>Outlining key attributed financial fair, he revealed that even at the phase of his billionaire status, he still doesn\u2019t bid the urge with squandering money on luxuries. Rather, he redirects them to businesses and assets that will generate money to him. He vowed to be able to attain a private jet, latest exotic cars, and other luxuries if he wanted but will rather invest the money.<\/p>\n<p>His words:<\/p>\n<p><em>\u201cThe reason Nigerian youths go broke after making a lot of money is because they spend on irrelevant things and things they don\u2019t need\u201d<\/em><\/p>\n<p><em>\u201cI\u2019ve 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\u2026 I\u2019d rather invest in other things.\u201d<\/em><\/p>\n<p>He also spoke about the proficiency and importance of investing, including having to invest in oneself, which he backed with the forex trading he is currently learning.<\/p>\n<p>His words:<\/p>\n<p><em>\u201cThere\u2019s nothing that b\u00a3ats investment, including investing in your own self, including going to acquire knowledge of something you can charge people for. Even the Forex I\u2019m learning now, I\u2019m investing in myself\u2026.\u201d<\/em><\/p>\n<p>Nigerians couldn\u2019t hold their nerves and reacted massively on all social platforms according to their views.<\/p>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201cThe reason Nigerian youths go broke after making a lot of money is because they spend on irrelevant things and things they don\u2019t need<br \/>I\u2019ve been blessed enough to buy a private jet &#x1f6e9;&#xfe0f;, but I have family to take care of\u2026 I\u2019d rather invest in other things\u201d <\/p>\n<p>\u2014 Don Jazzy <a href=\"https:\/\/t.co\/mcOsrTLV4v\">pic.twitter.com\/mcOsrTLV4v<\/a><\/p>\n<p>\u2014 carter&#x1f31a; (@carter6f) <a href=\"https:\/\/twitter.com\/carter6f\/status\/2044346531499618531?ref_src=twsrc%5Etfw\">April 15, 2026<\/a><\/p>\n<\/blockquote><\/div>\n\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>Nigerian music executive and Mavin Record label boss, Don Jazzy, has revealed the peak reason most young men go broke after hitting incredible financial paychecks. He fantasised on the view of most young men fascination inclined in buying irrelevant properties that will eventually land them into a financial distraught. Outlining key attributed financial fair, he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[510,1865],"tags":[],"class_list":["post-14548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-don-jazzy","category-stories"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=\/wp\/v2\/posts\/14548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14548"}],"version-history":[{"count":0,"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=\/wp\/v2\/posts\/14548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=\/wp\/v2\/media\/14549"}],"wp:attachment":[{"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/typicalnaija.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}