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The power of financial education
Marty
#376 Posted : Thursday, November 15, 2012 10:15:04 AM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
Miser, pinchpenny and stingy Part 1

He is one of the strangest human beings I know; surely he must be. This guy is my first cousin so I know his background and his path to his current status. He is much older than me, in his late 40’s. Some of us hail from very large families (nuclear), after all ten kids was no joke even then, but this dude has 6 brothers and 5 sisters. Theirs was a life where even basic needs were hard to come by. He finished primary school, did two years of high school then dropped out for lack of fees.

He got his first job as a farmhand to take care of a rich man’s pigs. Rich men who owned cars in the village were few and far between. I vividly remember him atop a Toyota Stout, whose front design looked like a pig. Together with the son of the rich man who used to drive the Stout, they’d pick left over foods from some big hotels in Nairobi and deliver them for the pigs to feast on. He took care of the pigs for some time till he was promoted to deliver saw dust to homes; you know the saw dust that has always been used as bedding for chicken. The rich in the village deal with strange products and services, things that the elite in Nairobi will never think of.

This cousin of mine worked his socks off for several years and was saving a lot. He eventually quit his job as a farmhand and bought an old taxi. Back then the shilling had a bit of value, it costed him 17k. Those loudmouths in the village were even taunting him that he purchased the taxi with a bag full of coins. U know those funny taxis in the village which have seen better years; the ones when inside you feel like you are outside, very dusty and if it rains you are rained on. The starter is a set of wires, the driver has to carry water coz the thing can chemka anytime. Those vehicles (if we can call them so) are just strange, what with a Mercedes side mirror, Peugeot carburetor, stools for seats and the body of a Colt…and the mabatis on the body if they ever cut you, you’d get tetanus.

As a taxi operator he started displaying strange tendencies, like eating an orange for lunch, mandazis and chai for supper, walking around in faded shirts all in the name of saving. For this man, extracting a shilling off him was tantamount to milking a bull. He was as stingy as they come. Maybe because life had previously been harsh on him.. You may have heard about that hardware guy somewhere in Kabete (his name with-held) who once collapsed and when taken to hospital, the doctor advised him to eat. I could see from far that my cousin was headed there.

Someday I met the fellow as I was heading home from high school on my mid-term. Knowing that he was doing well as a taxi operator, I requested him to buy me a cup of tea. He jokingly said (or so I thought) that we will go take tea and I will pay for it; after all the kidogo pocket money l had in my pockets would be enough for two cups of tea. We went to the café and enjoyed the cup of tea, but when the bill was brought, he insisted that I had to pay. You see I thought he was just joking but I was in for a rude shock and I ended up paying for it….

This fellow never ceases to amaze me. He however continued with his saving habit till he managed to buy an old Nissan to ferry horticultural products for small scale farmers to City Market. When I pass by the City Market it reminds me of so many things. I went to a high school that taught Aviation and my dad thought that I’d finally live my dream as a pilot. When I landed there, I opted to study Agriculture to the shock of my dad after I realized that everyone was fighting to study Aviation; I like swimming against the current. Immediately after high school and for lack of something else to do, I used to farm in a small scale those horticultural products on the river bed and on maturity I’d take them to City Market. So I was a customer to this cousin of mine for some time till I went to Campus. And by the way, I almost declined to go to Campus as I was really doing well with my farming. Actually were it not for my dad who actually thought I was nuts, I’d be a big rich farmer by now. I may never know whether it was a wrong or correct decision.

In the next post, I will tell you more about this strange cousin of mine; someday he told me that a jalopy I was driving was his dream car, and as of the car he drives now I’ll leave it to your imaginations.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
wilyum
#377 Posted : Thursday, November 15, 2012 10:38:57 AM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
@marty good work u doing,
Mbithi
#378 Posted : Thursday, November 15, 2012 11:26:04 AM
Rank: Member

Joined: 9/22/2006
Posts: 24
@ Marty this one cracked me reminds me of one of my siblings...Waiting to read on Chamas as well.How is James doing now?
Fyatu
#379 Posted : Thursday, November 15, 2012 1:54:07 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
good job Marty.....on a lighter side, i must mention that i have noticed you love tea...almost all your anectodes have the word tea in themsmile
Dumb money becomes dumb only when it listens to smart money
Mbithi
#380 Posted : Thursday, November 15, 2012 2:18:03 PM
Rank: Member

Joined: 9/22/2006
Posts: 24
Fyatu wrote:
good job Marty.....on a lighter side, i must mention that i have noticed you love tea...almost all your anectodes have the word tea in themsmile

Very true Fyatu.....hehehehehe.....
Marty
#381 Posted : Thursday, November 15, 2012 2:42:10 PM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
Mbithi wrote:
Fyatu wrote:
good job Marty.....on a lighter side, i must mention that i have noticed you love tea...almost all your anectodes have the word tea in themsmile

Very true Fyatu.....hehehehehe.....


No doubt I love tea. U see am a teetotaller.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Fyatu
#382 Posted : Thursday, November 15, 2012 6:29:10 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Marty wrote:
Mbithi wrote:
Fyatu wrote:
good job Marty.....on a lighter side, i must mention that i have noticed you love tea...almost all your anectodes have the word tea in themsmile

Very true Fyatu.....hehehehehe.....


No doubt I love tea. U see am a teetotaller.



It is widely believed that teetotallers are more successfyl financially than "watu wa chupa" - perhaps you have an anectode for this???
Dumb money becomes dumb only when it listens to smart money
Marty
#383 Posted : Friday, November 16, 2012 9:13:54 AM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
Fyatu wrote:
Marty wrote:
Mbithi wrote:
Fyatu wrote:
good job Marty.....on a lighter side, i must mention that i have noticed you love tea...almost all your anectodes have the word tea in themsmile

Very true Fyatu.....hehehehehe.....


No doubt I love tea. U see am a teetotaller.



It is widely believed that teetotallers are more successfyl financially than "watu wa chupa" - perhaps you have an anectode for this???


Not sure this is the case, but if you found a young man drinking at 9am on a monday; you might retort like the liver juggler (RIP); "Kijana, inakaa ulitengeneza pesa kitambo"
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Marty
#384 Posted : Friday, November 16, 2012 9:20:24 AM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
Miser, pinchpenny and stingy Final Part

He is no doubt a hardworker and saves a lot, plans ahead and grows. After ferrying goods to City Market for two years or so, he decided to shift gears and venture into the crazy Matatu world. He bought his first Matatu and assumed the role of a driver. He didn’t stop there; worked even harder and got a second one…continued working hard till he owned a fleet of around 10 Matatus. By then, the fellow was getting richer by the day. At least he improved his eating habits.

He later ventured into stocks big time, a bit of real estate. Actually as we speak he owns several flats in Ruaka and elsewhere. He is now filthy rich but as u may guess correctly he’s still very stingy.

Someday a few years ago, I went for a house warming party for a close relative and I found him there. We enjoyed goat meat while I kept a distance from him. Just before he left he called me aside and told me that the Premio I was driving was his dream car. In his words he said it looks like a Merc. Strange man this is; you see he drives that AE 91 despite being a multi-millionaire. I couldn’t help but laugh but knowing this man, I knew he was serious.

This guy does not even have a wife and kids; wait..he had a wife and a son back then but I always suspect his stinginess drove her away. I also know how badly his brothers are doing but let us not venture there. You see there are those brothers you have and you are so determined to help but they are beyond help…a story for another day. It makes me wonder coz all this wealth he has and does not seem to enjoy is vanity. You see there are vultures circling around as soon as you depart to your maker and what you never did with your money, they’ll do it. They will ride the big cars, go on holiday and live largest with your hard earned money; after all they don’t know the pain you underwent when making the money.

You know majority of us underestimate the power of giving and being charitable whichever your faith…a universal concept that applies across board. Give freely and create space to receive more. And the biblical wise man, he who wrote the Psalms and Proverbs advised us:

Proverbs 11:24-25: One person gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous person will prosper; and whoever refreshes others will be refreshed.

If I had all the wealth in this world and I have this brother of mine in need and I never helped him, what sort of happiness do I derive from that money? When we land in Heaven, you might be asked very simple questions; you found this guy who was hungry, did you give him food? I was naked, did you clothe me?

And my favourite verse Luke 6: 38: Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you."

In this thread we are educating people in the spirit of giving. We endeavor to be very practical. Will take a break next week but when we resume, we shall venture into the construction underworld…if you have ever constructed you might flash back and relate with the posts; if you are about to construct you might learn a thing or two...but one thing is for sure; this underworld is not for the faint hearted. They once conned me in Rongai as I bought timber...poor me but I learnt my lessons. God bless.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
2012
#385 Posted : Friday, November 16, 2012 12:27:56 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
@Marty, Marks' story is a real inspiration. I remember there was a time I was in a place where I know most wazuans are, the place where you invest all our hard earned money in companies stocks and following them with a microscope here on wazua almost getting hear attacks - looking to make a kill while all this time there's a sure investment we can't see, investment in ourselves through God. Thanks for the reminder.

BBI will solve it
:)
jerry
#386 Posted : Friday, November 16, 2012 1:36:33 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Fyatu wrote:
Marty wrote:
Mbithi wrote:
Fyatu wrote:
good job Marty.....on a lighter side, i must mention that i have noticed you love tea...almost all your anectodes have the word tea in themsmile

Very true Fyatu.....hehehehehe.....


No doubt I love tea. U see am a teetotaller.



It is widely believed that teetotallers are more successfyl financially than "watu wa chupa" - perhaps you have an anectode for this???

Not true. Those who drink are more successful! I think I should resume.
The opposite of courage is not cowardice, it's conformity.
2012
#387 Posted : Friday, November 16, 2012 1:44:27 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
jerry wrote:

Not true. Those who drink are more successful! I think I should resume.


Those who drink look successful because most of them are putting up a show. One fact I can tell you is you'll never get a worthwhile client or successfully close a deal in a pub.

BBI will solve it
:)
tinker
#388 Posted : Friday, November 16, 2012 5:12:07 PM
Rank: Member

Joined: 11/15/2010
Posts: 455
Location: Nairobi
Marty 4 President....He has given another reason 2 stop drinking and be charitable.
....He who began a good work in you will carry it on to completion..
Mukiri
#389 Posted : Saturday, November 17, 2012 2:32:18 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Applause Tho' @Marty, you should quantify generosity. Is it giving what you are asked for, giving in the measure you deem fit, denying yourself so as to bless another... ? Fafanua.

I give you 'The Bible and Health ~ Kent Hovind', it's a must watch, IMHO

Proverbs 19:21
biraru
#390 Posted : Monday, November 19, 2012 1:15:58 PM
Rank: New-farer

Joined: 10/29/2012
Posts: 29
Location: Nairobi
@marty....please share the info to biraru09 at gmail dot com , I also need to get some info from u on buyin plots thru ballots
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