Phyna has revealed that one of her biggest regrets was spending the money she won from Big Brother Naija on family responsibilities instead of investing it wisely.
The reality star, whose real name is Josephina Otabor, explained during a recent livestream that she was still young and inexperienced after leaving the show and failed to properly manage the prize money she received.
Phyna also blamed some family members for not offering her proper financial guidance at the time.
According to her, rather than advising her on investments and money management, many relatives repeatedly requested financial assistance and later turned against her when she could no longer meet their demands.
She said:
“The mistake I made was using my Big Brother Naija prize money to support family members instead of investing it. I thought I was helping my family members and sorting out their debts. I was spending generously on them. None of the older family members called me to give me financial advice on how to invest or manage the money well.
“All of them were constantly demanding money from me for several stuff. I dug a lot of boreholes for family members. But the moment I started saying ‘No’ that was the beginning of my problem with family members. They complain and even call me out in the media whenever I can’t meet their demands. But now that the money has finished, I’m the only one facing the reality alone,” she lamented.
Recall that Phyna won the N100 million grand prize after emerging winner of Big Brother Naija Season 7 in 2022.
The reward package included N50 million cash alongside additional prizes worth N50 million from the show’s sponsors.
