Yemi Obafemi
Nollywood actor Timini Egbuson has admitted that he once borrowed money to maintain a lavish lifestyle, saying he was more focused on keeping up appearances than making sound financial decisions.
Speaking during a recent episode of the MENtality Podcast, the actor reflected on how his perspective on wealth and success has changed over the years. He revealed that he previously spent beyond his means on luxury items, including designer fashion and an extensive perfume collection, before realising the long-term value of investing.
“I used to be that guy who lived a fake life and borrowed to impress people. But not anymore,” Timini said.
According to the actor, chasing material possessions eventually lost its appeal because there will always be newer and more expensive items to desire.
“There will always be a newer watch, a newer car,” he said.
Timini also shared that he once owned around 150 bottles of perfume, describing it as one of his biggest spending habits. Looking back, he believes the money could have been better spent on assets with lasting value.
“I used to be a perfume collector. I had about 150. But I realised that I could have invested the money I spent acquiring perfumes in purchasing land,” he said.
While stressing that he has nothing against owning luxury items, the actor encouraged people to examine the reasons behind their purchases. He questioned whether many expensive acquisitions are driven by personal satisfaction or the desire to gain approval from others.
“I’m not trying to talk down on having a nice car or watch. But are you doing it for yourself or because of peer pressure? Are you genuinely happy with it? And without it, would you still be happy?” he asked.
Reflecting on his relationship with money, Timini said his happiness has never been entirely tied to his financial situation. He noted that even during periods of financial hardship, he maintained a positive outlook.
“There are times when I have been broke, but my energy is always the same because I found a way to be happy with whatever I have,” he said.
The actor also cautioned against projecting a perfect lifestyle on social media, saying people should accept that life comes with both good and difficult moments instead of creating a false image.
“There will be bad and good days. If you dwell on the bad days and you can’t find yourself, you can’t step out or create content, that means you are living a lie. And I wonder how long you can live that lie,” he added.
