Ex socialite and businesswoman Don Zella has claimed that many Ugandans living and working in Dubai enjoy better cash flow than their counterparts in the United States, despite acknowledging that the comparison does not necessarily reflect overall wealth.
Speaking during a podcast interview, Don Zella argued that the difference lies in how people earn and spend their money.
According to her, many people in the United States rely heavily on credit, while those in Dubai and Uganda are more likely to spend money they have already earned.
Most of the people in USA live on credit. Someone purchases a one-million-dollar house, pays about a $100,000 deposit, and then spends around 40 years paying off the debt. But in Uganda or Dubai, you eat on what you have worked for.
She explained that because of this, a Ugandan living in Dubai may appear financially better off in terms of available cash than someone living in the United States, even if the latter has more valuable assets tied up in loans and mortgages.
Don Zella, however, emphasized that her comparison was specifically about cash flow and not overall net worth.
The entrepreneur also reflected on her own past spending habits, revealing that she once spent Shs16 million in a single night at a bar. She admitted that the extravagant spending was driven by a desire to impress the people around her rather than personal enjoyment.
It is like a devil. You want to prove that you have money. I wasn’t even drinking all the alcohol, sometimes just half a bottle of champagne, but I always wanted to prove to the people I was with that I had money and could spend it.
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