Lil Yatchy Reveals He Spends Up To $52,000 Monthly On Bills Alone!
Lil Yatchy Reveals He Spends Up To $52,000 Monthly On Bills Alone! Lil Yachty has revealed his monthly expenses while putting more emphasis on the importance of having multiple streams of income. While appearing on Gillie Da King and social media influencer Wallo267’s Million Dollaz Worth of Game podcast, which was broadcast on Sunday (March 21) the rapper revealed that his monthly expenses amount to $52,000.
“Every month, I got $52,000 in bills,” Yatchy said. “Monthly, you know what I’m saying? And, I have to work … Let’s say I got $13 million in the bank, right? If my overhead is $52,000 every month ’cause of my houses, and my staff and cars and insurance and all these things I take care of and all these people, that $13 [million] will run down. Because that’s just the bills. I still like to live. I’m still a rapper. I still wanna go to nice dinners, fly my girl out, go to see my girl. We still wanna do all these things.”
Yatchy added, “You have to be making money while you’re sleeping. Never just have one source of income. Even if it’s six figures. Niggas could be making $200[,000] a show, six shows a week, but that still should not be the only bag. And I think it’s so dumb if you just let the money sit in the bank account. That’s dumb. ’Cause it’s just sitting, it’s just there. It’s yours, of course, but it’s not going up unless you make it go up. It’s so many things you could do to make that money double, triple while you sleep, while you snoring, while you working for the other job.” The conversation about the artist’s expenses arose from a talk about the impact of the coronavirus pandemic impact on rappers and the realization of how much they have to do to maintain financially once the checks stop flowing in consistently.
Lil Yachty also revealed during the interview that he has a nail polish line coming up in addition to a frozen pizza business venture.
Check out the full interview below;