
First, I want to say Happy Memorial Day to everyone who checks out our blog.
During the Memorial Day Weekend, I saw an interview Soulja Boy had w/ The View. For those who are unfamiliar w/ the young music hit maker, his rise to fame came from YouTube, where he’d post his videos online and gain a big fan following. That caught the attention of record executives, and from there he shocked the world w/ songs like “Crank Dat”, “Kiss Me Thru the Phone”, & “Turn My Swag On”. He came off as a respectable young teenager, with a passion for entertainment when discussing his past. Whoopi Goldberg asked him his hardest question though when she said “Tell me about your education…Are you checking everything yourself so you know how your business is going?”
Now I first want to applaud him for getting his High school diploma because I was unaware that he had done so, but the thing I noticed as he discussed “how he wants to go to college”, was the large amount of jewelry he wore. He had multiple rings on, a huge chain & Soulja Boy Tellem pendant, and a larger than life bracelet. Being on top of your money is more than having business savvy people taking care of your finances. It has more to do w/ making smart investments and having all that jewelry is not a smart investment. Barbara Walters closes the interview by suggesting that he tones down the jewelry and make better investments in things that appreciate w/ time and don’t depreciate. I also recall a recent video from TMZ where Soulja Boy had just left the Louis Vuitton store and showed the receipt to the paparazzi. The bill was over $12,000.
Youth: Clothes, Jewelry, & Cars DEPRECIATE with time, meaning they lose value with time. Things such as houses, painting, and property APPRECIATE with time meaning they gain value. Many people commit crimes b/c they dont have money and are desperate to make ends meat. Making better investments are crucial, especially in trying times of Recession!!!
Click here for the full interview on The View
-Ron