Popular Senegalese-American singer Akon has labelled himself as the stingiest person on the planet. He made the claim during an appearance on the Impulsive Podcast, hosted by Logan Paul.
“I’m the stingiest guy on the planet,” Akon said. “I attempted to own a jet, that ish lasted 6 months, I sold that thing so fast.”
Akon explained that he sold the jet because the maintenance costs were too high. He said that it costs about $2-3 million per year to maintain a private jet. “You spend more on the maintenance than the actual jet cost,” Akon said.
Akon also advised people to rent expensive properties instead of buying them. He said that this is a more financially responsible way to live.
“This is the advice I give everybody…The money that you have now has to last you a lifetime. When you reason it that way, you are going to be very prudent.”
Akon’s financial advice has stirred a debate on social media. Some people agree with his advice, while others believe that it is too extreme. Ultimately, the decision of how to manage one’s finances is a personal one.
