Popular content creator and actor Mr. Macaroni has shared a candid account of his financial struggles, revealing that he was once over half a billion naira in debt.
This hardship was a result of falling victim to a scam and a failed investment in 2021, which wiped out his savings.
Following these setbacks, Mr. Macaroni found himself borrowing large sums of money to meet his obligations, eventually accumulating a staggering debt of N500 million. He admitted that his own generosity and financial carelessness contributed to his troubles.
In a detailed post shared on his X handle on Thursday, Mr. Macaroni wrote.
“Around 2021/2022, I became a victim of both a scam and a failed investment, losing all the savings I had at the time. It was a deeply shaking experience, but I kept it to myself. If you know me, you know I don’t share my problems. Even when I’m going through the worst, I’ll still help others with their issues, but I won’t speak about mine.”
After losing his savings, he turned to borrowing money from various sources to settle outstanding commitments, believing his income would be enough to cover the debts. However, he soon realized that he was only paying off interest, making the situation worse.
“After losing all my savings, I started borrowing money to cover my commitments and responsibilities, thinking my earnings in millions would be enough to pay it all off. I got too comfortable and didn’t realize I was only using my earnings to pay off interest. My financial recklessness didn’t help either. Please, don’t borrow money unless it’s absolutely necessary. If you must, be responsible with it.”
Mr. Macaroni described 2024 as both a turning point in his career and the most difficult year of his life due to the overwhelming debt. His frustration was compounded by a betrayal from someone he once considered “a friend and sister.”
Despite these challenges, he expressed gratitude toward his family and friends, whose support helped him through the tough times. He also mentioned that he now feels much better than he has in years.
He concluded by sharing his story to inspire others who might be facing similar financial struggles, encouraging them to remain strong and seek help when needed.
