"I Have Never Slept in Any House I Bought With My Own Money" – Ola of Lagos
Influencer Ola of Lagos has revealed that he deliberately chooses to live in rented apartments despite owning multiple houses, explaining that paying rent keeps him motivated to work harder.
"I Have Never Slept in Any House I Bought With My Own Money" – Ola of Lagos
Waris Olayinka Akinwande, popularly known as Ola of Lagos, made the revelation during a recent episode of the KK Show, where he spoke about his approach to money, property, and maintaining the drive to keep working. According to the luxury lifestyle influencer, he has never slept in any house he bought with his own money because he believes living in his own property could make him too comfortable.
“I have never slept in any house I bought with my own money. If you do, you will become too relaxed,” he said.
Ola explained that he deliberately chooses to rent because the responsibility of paying rent gives him an added reason to keep working. Despite being in a beautiful estate, he still lives in rented apartments and pays rent.
When he pays N50 million a year, he uses that pain to keep grinding harder . He believes that knowing he has a major rent payment to meet keeps him focused on making money and pursuing new opportunities, a strategy that has served him well as an entrepreneur.
However, Ola was quick to stress that his approach should not be treated as a general rule for everyone. He advised people to consider their individual financial situations before making major decisions about buying a house or car. “It’s fine to stay in your house you bought, but this is my own opinion, so don’t let that judge your life,” he said.
His comments reflect a nuanced understanding of personal finance, acknowledging that what works for him may not work for others.
The influencer also recalled advice from one of his online mentors, who told him that the first car he bought eventually helped him acquire houses. “Some people now, na the car wey dem go buy, go buy them houses. Yeah, so look at your current situation,” Ola said.
His message encourages people to make financial decisions based on their own circumstances rather than following rigid rules or copying others.
Ola’s comments have sparked discussions online, particularly because of the reported N50 million annual rent and his decision to continue renting despite owning property.
While homeownership is often viewed as a sign of financial progress, Ola has chosen a different approach, keeping his properties while continuing to rent the home he lives in.
For him, the arrangement is less about whether he can afford to own a home and more about maintaining the pressure he believes keeps him ambitious..
Source: TrendyBeatz