Musician Kalifah AgaNaga says he plans to leave his children ownership of his digital streaming platforms instead of land, arguing that digital assets can provide long-term financial security.
Speaking about the growing value of digital revenue, AgaNaga said earnings from platforms such as YouTube may appear modest at first but can grow into a significant investment through patience and consistency.
According to the singer, many artists miss out on the long-term benefits of digital income by withdrawing their earnings as soon as they are paid instead of allowing the funds to accumulate.
"It depends on how you set up your page. It does not pay a lot of money, but over time it accumulates and becomes a significant amount. YouTube can pay you Shs1 million, Shs2 million or even Shs3 million a month, but imagine if you do not withdraw it immediately and instead let it accumulate for five years," AgaNaga said.
The musician revealed that he does not spend the money he earns from his digital platforms, choosing instead to treat it as a long-term investment for his family.
AgaNaga added, jokingly, that he would rather his children inherit profitable digital assets than compete over land after he retires.
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