Popular comedian and actor Adebowale Adedayo, better known as Mr Macaroni, has stunned fans with a revelation about his financial struggles. The entertainer disclosed that he once found himself drowning in debt of over half a billion naira, due to a combination of bad investments, fraud, and reckless spending.
In a heartfelt post on social media, Mr Macaroni shared how his troubles began in 2021. He fell victim to a scam while simultaneously making an investment that failed spectacularly, wiping out his entire savings. Despite the financial blow, he kept the ordeal to himself, believing that “the show must go on.”
“As a Thespian, I have a duty to continue to entertain, inform, and educate. It didn’t matter what I was going through, the show had to go on,” he wrote.
After losing all his money, he began taking loans to meet financial obligations and fulfill responsibilities he had always shouldered. Earning millions regularly made him confident he could pay back the borrowed sums, but reality hit hard. The debts kept growing, and most of his income went into paying off the interest.
“I got too comfortable and didn’t realize I was using the money I was earning to pay back interest. My financial recklessness didn’t help,” he admitted.
Mr Macaroni didn’t just blame bad luck. He owned up to his reckless spending habits, revealing that he had always been overly generous even before fame. He recalled times he gave away all his money without considering his own needs.
“If you are like me, please learn to share your breakfast and keep your money for lunch. I have always given out breakfast, lunch, and if possible, dinner,” he confessed.
He acknowledged that while helping others is important, financial discipline is just as crucial. “Even God doesn’t want us to be reckless,” he added. In other news, iNaijanow recently shared a post of Peller’s humorous apology for calling Runtown an upcoming artist.
As if financial troubles weren’t enough, Mr Macaroni said he was also betrayed by a close friend whom he regarded as a sister. The incident left him deeply hurt and emotionally drained, making an already difficult situation worse.
“I hardly trust people, but this one, I could never have prepared for,” he said.
Despite everything, 2024 became a turning point. His acting career flourished, with two of his films making it to international festivals. However, behind the scenes, he was battling overwhelming debt.
The burden weighed heavily on him, but he refused to give up. With the support of family and friends, he made tough decisions and started turning things around. He now feels better than he has in years.
Sharing his story wasn’t easy, but Mr Macaroni wanted others to learn from his experience. He urged his fans to be mindful of their financial habits, avoid borrowing unless absolutely necessary, and always have a plan.
“It’s okay to make mistakes and learn from them. What’s not okay is repeating the same mistakes,” he advised.
He ended on a note of resilience and hope, reminding people that setbacks are not the end.
“People will betray you, but don’t let that derail you. You’re alive for a reason. Every day, fight to be a better person than you were yesterday.”
His story is a powerful reminder that everyone, including the most successful figures face challenges but what matters is how we all rise from them.
