The Snowman admitted he pays much more than his finances now.
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Jeezy remembered that after he didn’t pay a seven-figure check, Jay-Z gave him some advice.
The 46-year-old rapper revealed to Assets Over Liabilities during a recent interview how Hov motivated him to be more mindful of his money. Jeezy claims he got a publishing cheque but never cashed it as he had enough money from his previous hustle.
“You got to talk to John Plant over at Warner because he was the first person that gave me a check for publishing,” he said. “I won’t be cashing the payment for around six months. “I’m gonna be honest with you, I left the check in some pants and I think it faded, but I don’t know where it is,” he said when he contacted me.
“JAY-Z called me like, ‘Yo, you gotta quit playing,’” he went on. I thought, “Well, I gotta.” Not at that moment; I was OK coming in from the streets to music. I was heterosexual. I was more enamored with the fact that people like the music than anything else. I reasoned that I didn’t need the money. I only consumed the bread. It felt like stealing ice cream from a newborn when I started being paid for gigs. It was the most delicious poo ever.
Jeezy went on to say that he never had an account and would keep any money he got hidden away in a shoebox, something he said was solely a result of his ignorance of how banks operated.
“When Def Jam gave me my check, I didn’t have an account,” he stated. “I was just placing checks in the shoebox, Shoebox. I had no idea how it operated. I felt too ashamed to inquire. I was, incidentally, terrified of banks. My initial thought is that there will be money laundering involved.”
Now that he’s got his financial situation under control, Jeezy is checking through his money “pretty good” on his own without any outside assistance.