When I found out we would be moving to Botswana, a friend gave me a very timely and informative gift: a book called African Friends and Money Matters: Observations From Africa by Dr. David Maranz. The book has some interesting insights to share on the differences between money management from a western perspective, versus an African perspective.
According to the book, many westerners tend to seek
financial independence and emphasize long term planning and budgeting in order
to achieve that goal. In western culture, money is a private matter that is for
the most part not discussed outside the immediate family unit. Many of us would be embarrassed or ashamed to
ask others for financial assistance, because to us, that is admitting our
failure to independently manage our own finances. Interestingly, however, we
are more than willing to borrow from third party institutions such as credit
card companies or banks, presumably because this way, we can avoid entangling
our finances with our personal relationships.
In African culture, says the author, financial matters are
much more of a collective effort. It is socially acceptable to ask friends,
relatives, and even sometimes strangers for money or other assistance, and more
often than not, it’s considered socially unacceptable to refuse someone in
need. In this way, finances and personal relationships are much more closely
linked than in the west. The author goes on to suggest that this way of
thinking influences saving trends in Africa. Because friend and family groups
are beholden to most anyone who thinks to ask for financial assistance,
Africans have less incentive to accumulate large savings accounts, largely
because they are socially obligated to assist friends and family when asked to
do so. Therefore, rather than save money, they choose to spend it as soon as
possible, or before they are forced by social norms to assist a needy friend or
relative. In the same way, budgeting is not a part of African culture because
people can comfortably approach their friends and family for financial aid at
any time as needed, and therefore do not see the need for personal budgeting
and long-term financial planning.
Although the main points in African Friends and Money
Matters were based on West African culture, in my almost four months in
Botswana I have noticed some similarities in the southern African approach to
money matters:
Payday Is Spend
All Your Money Day
Woe to the person who visits the Gaborone malls on the last
weekend of the month! The last Friday of each month is payday, and that means
everyone spends the weekend out shopping to spend the fresh paycheck that is
burning a hole in their pocket. Government offices here close at 4:30 on Friday
afternoons; by 4:40 on payday the major malls in town are jam-packed with
crazed shoppers eager to unload their pula on the local economy. By Sunday
afternoon, the malls are dead again as everyone has already spent the month’s
money on Friday and Saturday. I don’t know that their reasons for doing so are
necessarily the same as those Maranz cites, but it’s an interesting similarity
all the same.
Down To My Last
Thebe
The approach to grocery shopping here seems in many
instances to be designed to spend the exact amount of money contained in the
shopper’s wallet – down to the last thebe (cent). I have seen people walk through the store grabbing
items randomly, loading up their carts with any item that strikes their fancy
(as opposed to shopping with a list mapping out the food for the week). Then the shopper, cash in hand, will
carefully watch as the cashier rings up the items, and stops the cashier once
the total amount to pay matches the exact amount of cash they have on hand that
day. The remaining surplus items are then left behind in a pile on the counter,
joining other groceries which have been similarly forsaken by overly ambitious
shoppers. In this type of situation, people appear to be eager to spend every
last cent they have on a large and very random assortment of grocery items.
But, I Only Need a
Couple of Pula!
Scott and I have received multiple requests from strangers
for money and various other items since we moved to Botswana. I’m not talking
about beggars on the street (there aren’t many beggars or homeless in Gaborone)
but about an average-looking person approaching us at a restaurant, store, or
even a work event asking for a handout. To be fair, I should add that the most
outlandish request for a handout I’ve ever received was actually in the U.S. –
when a homeless man at a D.C. Starbucks insisted that we buy him a “not-too-hot
grande caramel macchiato, no whip,
light foam…” etc. with a laundry list of specifications for the drink. But,
that was one isolated instance in over two years living in D.C., whereas we’ve
gotten at least ten or so requests from individuals in not quite four months in
Botswana.
For example, a few weeks ago I was the keynote speaker at an
event. I was sitting at the official head table waiting for the event to begin
and someone from the audience came up to me to ask me if he could have the rest
of the bottle of water I was drinking! I was too shocked to protest and handed
it over.
Another time, Scott was in the grocery store purchasing
Halloween candy and a shopper approached him and demanded that Scott also buy
him some candy, his tone suggesting that Scott owed it to him to give a little
donation to his sweet tooth. And, as mentioned
in my recent post Waiting for a Wedding
in Mochudi, one of the few guests who spoke to Scott and I only did so to
ask for cigarette money and to try to get a job where we work. A couple of times, people have rung our
doorbell on weekend mornings asking for cash for public transportation or a
variety of other necessities which they say they can’t afford on their own.
I suppose that Scott and I are the subjects of these
requests because we are white and are therefore assumed to be wealthy. However,
much of the urgent “necessity” seems to come not from genuine poverty or a lack
of sufficient resources to cover one’s expenses, but rather from a lack of
effective budgeting and long-term financial planning. Rather than spend every last bit of your
paycheck the minute you get it, why not budget and make it last the whole
month, so you’re not reduced to ringing doorbells on a Saturday morning for the
combi fare home?
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