He might cavort with video vixens and rap about diamond-encrusted grills, but Houston rapper Slim Thug knows a thing or two about living within his means. The self-proclaimed Black Suze Orman—who watches the guru religiously—penned a 47-page e-book (ahem, “financial manifesto”) called “How to Survive the Recession” that’s as cheeky and hilarious as hip hop fans would expect. As Thugga writes, “I always say if you can’t buy it THREE times over, you can’t afford it.”
The book starts off with a list of “20-five financial rules to live by,” including “never buy a house with unnecessary space” and “Never have a Bentley with a Benz salary.” He also underscores the importance of crunching your budget and checking it twice: “Say you got a million dollar check; dudes they think they actually got a million dollars. You got to pay damn near half of it to taxes.”
Slim Thug calls himself cheap, but told Rap Fix’s Maurice Bobb the real reason he decided to write the book was that he was tired of income inequality and seeing black people make poor financial choices.
“We always at the bottom as black people,” he said, “and it’s because of ‘what’s cool.’ Making it rain? That’s stupid. We always got something stupid money-wise that people think is cool. Pop a hundred bottles? For what? How many bottles it take to get drunk? I know where I came from and I know I can go back. But I ain’t going back.”
Check out the book for yourself at Boss Hogg Outlawz.