Why I stopped giving my family money – Phyna

The winner of the seventh season of Big Brother Naija (BBNaija), Phyna has revealed why she no longer provides financial support to her family.

During a recent livestream, the reality TV star said her biggest regret was using her prize money to assist family members instead of investing it.

“The mistake I made was using my Big Brother Naija prize money to support family members instead of investing it,” Phyna said.

She explained that rather than offering guidance on financial management, her family continually demanded money.

“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,” she said.

Phyna recounted funding multiple family projects, including digging boreholes, before realizing her money was depleting. She said learning to say “no” to demands marked the start of conflicts within the family.

“But the moment I started saying ‘No,’ that was the beginning of my problem with family members,” she said. “They complain and even call me out in the media whenever I can’t meet their demands. Now that the money has finished, I’m the only one facing the reality alone.”

Phyna won the 2022 edition of BBNaija, taking home a grand prize of N100 million, including N50 million in cash and an estimated N50 million in sponsored prizes.