GistReel
Former Big Brother Naija winner Phyna has revealed that one of her biggest regrets was spending much of the money she won from the reality show on family responsibilities instead of investing it wisely.
Speaking during a recent livestream, the reality star, whose real name is Josephina Otabor, admitted that she was young and inexperienced after leaving the show and did not manage her finances properly.
According to Phyna, rather than receiving guidance on how to invest or secure her future, many of her family members constantly requested financial assistance from her.
She alleged that some of them later turned against her whenever she was unable to meet their demands.
Her words …
“The mistake I made was using my Big Brother Naija prize money to support family members instead of investing it. I thought I was helping my family members and sorting out their debts. I was spending generously on them. None of the older family members called me to give me financial advice on how to invest or manage the money well.
All of them were constantly demanding money from me for several stuff. I dug a lot of boreholes for family members. But the moment I started saying ‘No’ that was the beginning of my problem with family members. They complain and even call me out in the media whenever I can’t meet their demands. But now that the money has finished, I’m the only one facing the reality alone.”