August Alsina On Artists Spending Beyond Their Means: “I’m Cautious”

Published: Tuesday 22nd Jul 2014 by David

augustalsina-that-grape-juice-2014-19

While the likes of Kandi Burruss stands celebrated for turning her ‘XScape’ water into publishing wine, the last two decades have seen many a Hip Hop & R&B staple find themselves in financial hot water.

Indeed, as the writers and producers of their material make beaucoup bucks in their shadows, the likes of TLC, Toni Braxton and Rihanna have all spoken out on their financial woes of yesteryear, revealing- in Toni’s and TLC’s case- that they were forced to declare themselves bankrupt once their money wells ran dry.

Pretty sad, when one considers how “lucrative” things appear on the surface.

Now watch August Alsina weigh in on the matter with The Lift Off, below!

He explained:

I was with Breezy (Chris Brown) and Tyga the other day and I was riding in Tyga’s Maybach and Breezy was in the Lambo … We hopped out and Breezy was like ‘Lil bro, you gotta get you one of these.’

…to which August replied….

 “I know I gotta get me one of these.I ain’t rich like y’all yet.”

You got to know where you are in your life and you got to be very aware of where you’re going’m just very aware of what I’m doing … I see a lot of people out there splurging … you see a lot of new artists come buy chains, cars, this and the third … when I come, I gotta be on some boss material … I’m just taking my time.

Source.

Do you agree?

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  1. K July 22, 2014

    so true you got to be cautious with your money.

  2. christinastherealtalent July 22, 2014

    IDK why this site used TLC as an example? Their problem was Pebbles and LA. Did they eventually perpetuate their own money problems? Yes! Who doesn’t? But August needs to take a chill pill and understand that when he does start coming into money, he may forget about what he just said and become the next MC Hammer or Toni.

  3. Dossome July 22, 2014

    I’m all for cautious spending but i also appreciate life is short and after a hard day’s work,we all deserve to spoil ourselves.I’ve met some of those “saving for a rainy day” fellows and they are living pretty miserable lives while their millions are safely hidden in the banks.Both extremes are bad.Life is about moderation.

  4. the voice July 22, 2014

    I know that is right August.
    PINK said that LA Reid told her to save at last 50 percent of everything she earned.

    I think that is smart.
    Don’t go too Holloywood either August

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