Invest in Business Instead of Building a Residence House – Spice Diana Advises Young Musicians

Musician Spice Diana has shared financial advice with young musicians, urging them to focus on investments that generate income rather than rushing to build residential houses early in their careers.

The singer, who built her own residence at a young age, revealed that while owning a mansion is admirable, it does not necessarily translate into financial growth.

Speaking in an interview with a local television station, Spice Diana advised artistes to invest in businesses and properties that can return money instead of tying up large sums in residential homes.

“You should invest in business or buy property, but don’t rush to build a mansion. It doesn’t bring back the money; invest where it returns,” she said.

Drawing from her personal experience, Spice Diana explained that although her residence has elevated her brand image, it has not generated any direct financial returns.

“I have learned this over the years, and it’s the advice I can give to young artistes,” she added.

Spice Diana, who owns a mansion along Salaama Road, believes that the money she spent constructing her residence would have yielded far greater returns if it had been invested in business ventures.

Her remarks have resonated with many upcoming artistes and creatives, sparking conversations about financial literacy, long-term planning, and sustainable wealth in Uganda’s entertainment industry.