- Fostercash
Do not Delete This article is informative and is exactly what I needed to know in order to understand what Fostercash is. This is a term I have heard and now understand thanks to this article. Fostercash-A practice of taking in Foster Children for the purpose of using the State Funded Cash for purposes other than/notwithstanding the child/children designated for.Used in a sentance- We took in 3 foster Children from the State at $500 per kid. Thats $1,500 in Fostercash!The issue permiates when the custodial foster parents begin to realize how to maximize their Fostercash by cutting ncessities such as food and clothing down by dilution or downgrading of the childrens clothing below the allotted $500 monthly per diem per child.Example-baby is on forumla- Formula is $$$$. By cutting the formula with a 50/50 solution of cows milk and formula you now maximize the Fostercash by a ratio of the lessened cost of cows milk for the 50% of the diluted formula/milk solution. Example 2- Taking the children to get coats from the Salvation Army to by them at $2 a coat. The result is you are realy maximizing the Fostercash to its fullest potential of misappropriation of funds! A.K.A-Home Repair Fund Money, or Vacation Fund etc.See also F.E.M.A. or Fostercash Extreme Maximization Action-F.E.M.A.- is the practice of evaluating your "take home profit" by use of maximizing your Fostercash through dialution and skinflinting. For instance- 3 Children at $500 a piece. In addition to receiving $500 the State also provide funds for child care and medical. By having the children stay with a relative instead, the check for childcare now is part of the Home improvedment fund.Extreme comes into play when you decide that the 3 yr old and 5 yr old are easy to feed and clothe but the 10mo. old is to much work and consumes pricy formula so you decide to attempt to split the children up to drop the pricey 10mo old and really maximize your "take home"/opportunity cost Fostercash.
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