{
  "id": 17614950,
  "title": "I wasted my first earnings from music - Don Jazzy",
  "url": "https://urgent.news/2026/11/01/i-wasted-my-first-earnings-from-music-don-jazzy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-01T13:35:39.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/11/01/i-wasted-my-first-earnings-from-music-don-jazzy/"
  },
  "original_language": "en",
  "account": "Veteran record producer Don Jazzy has admitted to mismanaging his first earnings from music. On The Grind podcast, the music executive detailed how he wasted his initial profits on unnecessary luxuries rather than investing wisely. Reflecting on his financial choices, Jazzy stated that he used the money to buy champagne and attend clubs. However, he soon learned from his mistake and began investing his later earnings, particularly into new artists. Because of his smart investments in record labels and other ventures, Jazzy now enjoys a life where he does not need to work. Advising young people, he emphasized the importance of prioritizing investment over frivolous spending when one starts earning money. He concluded, \"Don't necessarily have to invest in a record label, but the money you are making in your youth, invest it in a lucrative business as opposed to wasting it on frivolities.\"",
  "summary": "Veteran record producer and music executive, Michael Collins Ajereh, popularly known as Don Jazzy, has revealed that he lavished his first major earnings from music on frivolities rather than investing or using it wisely. Speaking in a recent episode of the On The Grind podcast, Jazzy explained that he later got the hint and started […] I wasted my first earnings from music - Don Jazzy",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}