Working the System: Caayr, Welfare & Subsidized Housing
Posted: Thu Jan 12, 2006 2:21 pm
Day by day, I see a lot of people working the system and reaping the benefits. A really good friend of mine who came to the States several years ago stops me one evening. We were at the stop lights when I saw this Farax in question was driving a 2006 Lexus SUV (retailing for over 65K). I honked and he indicated to meet him at the Starbucks down the street.
The man had changed since I helped him fill out his green card. He had gotten married and had 5 kids. I asked him how he managed to grow so wealthy especially on a Parking Lot manager's salary & having such a large family. He laughed and told me that in America there is plenty of free money and was shocked to hear that I was still single. He asked me why and I explained that raising a family required a serious amount of money and I had yet to reach that position which allow me to provide for a family a comfortable lifestyle.
He laughed and explained to me that I could do that for slim to nothing. I asked how ? He seemed bewildered and said, "For all that education you got buddy, you missed out on the most important lessons." He bought us both coffees and paid for it. We sat down and he schooled me in Caayr 101. I was amazed how crafty he was and why he was much wealthier than me.
The man didn't have to pay for rent. He was living in a subsidized apartment with his wife and kids. The rent was $100. His kids were getting AFDC foodstamps. The wife got a check to take care of the kids. Every winter, the kids got winter stipends to buy them clothes. The last considerable expense he incurred was marrying his Xalimo.
This set up was the stuff of magic. It beat all the stupid management books I had read over the years. He was using a model that made SUZE ORMAN look like a SPENDING THRIFT.
My friend managed to save his proceeds to invest in businesses back home. He bought several houses and set up a factory. I admired his business acumen and his diversification of his portfolio. He had planned on a contingency plan should things sour and even had a 2nd wife set up in Somalia incase his Xalimo gave him issues.
That 1 hour was the most enlightening 1 hour I have spent. I was amazed at the resourcefulness of some Somalis.
So all my single Somalineters, what do u think ? Would u fall his tried and true playbook to amass financial wealth ? Can GUUR be affordable now ?
The man had changed since I helped him fill out his green card. He had gotten married and had 5 kids. I asked him how he managed to grow so wealthy especially on a Parking Lot manager's salary & having such a large family. He laughed and told me that in America there is plenty of free money and was shocked to hear that I was still single. He asked me why and I explained that raising a family required a serious amount of money and I had yet to reach that position which allow me to provide for a family a comfortable lifestyle.
He laughed and explained to me that I could do that for slim to nothing. I asked how ? He seemed bewildered and said, "For all that education you got buddy, you missed out on the most important lessons." He bought us both coffees and paid for it. We sat down and he schooled me in Caayr 101. I was amazed how crafty he was and why he was much wealthier than me.
The man didn't have to pay for rent. He was living in a subsidized apartment with his wife and kids. The rent was $100. His kids were getting AFDC foodstamps. The wife got a check to take care of the kids. Every winter, the kids got winter stipends to buy them clothes. The last considerable expense he incurred was marrying his Xalimo.
This set up was the stuff of magic. It beat all the stupid management books I had read over the years. He was using a model that made SUZE ORMAN look like a SPENDING THRIFT.
My friend managed to save his proceeds to invest in businesses back home. He bought several houses and set up a factory. I admired his business acumen and his diversification of his portfolio. He had planned on a contingency plan should things sour and even had a 2nd wife set up in Somalia incase his Xalimo gave him issues.
That 1 hour was the most enlightening 1 hour I have spent. I was amazed at the resourcefulness of some Somalis.
So all my single Somalineters, what do u think ? Would u fall his tried and true playbook to amass financial wealth ? Can GUUR be affordable now ?