Black Tax with Single Parents and Siblings | Setting Boundaries | Budgeting | Communicating|

This is a sit down, story time on how I am attempting to navigate the Black Tax terrain,
I share some tools, resources and mindset shifts which I hope will help you on your journey with your family.
#budgeting#unittrusts#savings#investments#blacktax
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[@preciousphiri4690]

Now my final sentiments, I really appreciate the wisdom in this installment. I had to wake up much later in life. I was orphaned very early raised by my partenal grandmother (a super human) and my mom wasn’t in the picture- I was therefore helped by a larger community of people. And the downfall is, you owe everyone for life, especially if you fail to communicate what you can and can’t do😢😢. It’s been an incredible journey of learning and navigating new mindsets. Also, deputy parenting 🙆🏽‍♀️- there’s a lot to do. We have to do our best in changing the narrative of family financials and relationships. Thank my Coach❤

[@ThendoTlou]

MadZam Pre, thank you for sharing your experience here...I'm happy that the learnings and mind shifts are already at play.

[@modianemapaya4731]

I relate to both your childhood loss of a parent and your mom’s loss of a spouse. The truth is I have had to grow up quickly and learn a lot more about my financial affairs because just like your mom, I have kids to raise. I’m also teaching my kids so that they grow up with more awareness. No one is coming to save us but we can learn from people like you sis. Much love ❤

[@ThendoTlou]

Thank you Modiane, there is so much grace for the season you are in currently of raising kids on your own (well, with the Heavenly Father)...I love that you have already started depositing into your kids these MoneyCents gems...it will stay with them, just like how side hustling has stayed with me.

[@dineophaladi-magwaza3166]

Firstly cannot believe that 2002 is 22 years ago! Thank you for your vulnerability sis, it’s a complex topic & you sharing your personal story has been so impactful!

[@ThendoTlou]

The years are YearSingggggg mama (lols), thank you for watching, glad that my personal story was impactful for you.

[@nokwandanzimande1721]

Financial mapping is so daunting at first but you made it look so easy and understandable. Thank you for this awesome video, definitely going to start putting the black tax advice into use, one home project at a time.

[@ThendoTlou]

Yes Nox, one project at a time...thank you for watching and implementing the budgeting activity.

[@sanelisekilengwabeni2694]

Thank you, the point I take here is, let us educate our siblings to stand on their own.

[@ThendoTlou]

Yes Sane, thats correct...it will save us a lot from heartache going forward.

[@fulufhelomakgatho1011]

What a practical topic and moreover, a relatable content. I am still holding on to my short hairstyle even today, I have saved millions and millions of rands out of this, I do not regret at all. All I wanted to achieve was to see my kids grow happily ever after 😂❤

[@ThendoTlou]

Yes ma'am...u taught me well. Thank you for your continued support on this channel.

[@johainaelb9996]

I had no idea what black tax was until this video! Thank you 🙏🏻

[@ThendoTlou]

Oh wow, I am happy that I can educate u all the way in Paris - merci for watching.

[@michellemaseko4508]

This was really good 🙌🏾♥️. I love how you addressed this so positively and that it can be done in a positive manner. I also loved how you empowered your sister with the financial skills you already have. This is something I need to do more of♥️

[@ThendoTlou]

Yes Michelle, I am glad you picked up on the positive energy...A positive and firm approach yields good results. We have a duty to educate those that are in our immediate influence if we want to end this cycle sis.

[@michellemaseko4508]

@@ThendoTlou Absolutely!🥰

[@murunwanetshidongololwe6734]

So relatable Thendo, yoh I can relate to this so much I loved this conversation!! Thank you for sharing this with us!

[@ThendoTlou]

You are most welcome my Angel...relatability is what I am after.

[@preciousphiri4690]

Thank you for this video. First of all, thank you for sharing your story! Your Mom🙏🏾🙏🏾🙏🏾. She’s amazing, you’re all incredible. Your Ouma and Oupa❤

[@ThendoTlou]

Thank you for watching madam, truly blessed with the best yeah :-)

[@euginia_mathapelo]

These are great tips👌👌Thank you for sharing😊

[@ThendoTlou]

You are most welcome Eugine, thank you for watching:-)

[@preciousphiri4690]

I love Maanda 😂. This blessed me ❤❤❤

[@ThendoTlou]

My special featured guest :-)

[@LebogangMohlabai]

Thank you Thendo for the video...

[@ThendoTlou]

You are welcome Lebo, thank you for watching, appreciate it.

[@thanyanimaremba9219]

Very practical approach! Thank you.

[@ThendoTlou]

Thank you, glad that you have tools that you can practically apply.

[@gandagandapodcastnetwork]

our reality

[@machoenehlungwane4642]

Brilliant tips!👌🏾👌🏾You and I had similar rules around our money…I was firm about not being in debt. I was willing to wait. I wish I learned more about multiplying my money. The next video should be about navigating black tax as a couple.🤪

[@ThendoTlou]

It's never too late to start multiplying that money Mac, lets get into it ASAP. Black Tax and Couples Topic...ma'am this is on my to do list, thank you for sharing, I am open to such powerful suggestions.

[@leratomakunyane539]

yooh this topic strikes a nerve. i am unfortunately still trying to get through the impacts of black tax. i am still under debt review, almost done though. eish its a tough one and too bad some of us had to learn the hard way.

[@ThendoTlou]

Well done on sticking through with the debt review process Lerato, before you know it, it will be over...Lessons learnt, never to be repeated.

[@elvismashau278]

At some point we need to end this generational black tax. Maybe it should end with our generation.

[@ThendoTlou]

Yep, we should make a vow and follow through with it that it will end with us.

[@mudautatendani3954]

I am regaining from black taxi, it nearly sent me to depression

[@yoliemaivha4471]

I am still learning the skills of being good with my money but one thing I fear the most is being in debt 😂 😂

[@ThendoTlou]

Heh Yolie, I'm glad that's also your personal boundary.