Singer and disc jockey, DJ Neptune, discussed the financial challenges within the music industry.
In a recent interview on the Zero Conditions Podcast, he warned artists about the dangers of reckless spending and highlighted the crucial need for prudent financial planning during their peak years.
“Artistes feel fame is forever; that’s why some of them, while they are at their peak, don’t save up their money, they don’t invest
“That’s why I tell some of my colleagues, while you are on top, invest your money. If it’s properties you want to do, just have a side income”, he advised.
He added: “It is only a few of us that have the grace to be in the game for more than five, ten years. You are appealing to a certain age group, and if you don’t know how to tone down and switch, you might have missed your way”.
Neptune’s warning stems from the common misconception that fame is permanent, leading artists to splurge on luxuries instead of investing in their future.
