Making The Necessary Sacrifices For Financial Freedom As Black Africans | Thami Netha

Host: Ursula Mariani │Instagram: / ursulamariani
Co-host: Bonga Botha │ / bonga.botha
Guest: Thami Netha
Co-producer: Sibonganjalo Bonga Botha │ Facebook: / bonga.botha
Co-producer: Babaland
Editor and Technical Director: Given Masilela │ Instagram / givenillustrative
Assistant Technical Director: Silosamanzi Boiboi

[@robbylebotha]

The best way I save is I pay living expenses. Then let's say I'm left with 3000 for the rest of the month. So thats R100 a day I can spend. So everyday my goal is to not spend or spend the least of that 100 I can. My thinking then becomes if I make lunch pack and avoid situations that take money then I will have 'earned' 100 for the day. In that way, it becomes a job where my work is to avoid being frivolous. So every 2 days I bankninto savings what I saved, sometime it's clean 200 or 100 or 150 ect.

[@tonyquilt8543]

"Don't Eat with your mouth open" TRUE GEMS!!! Definitely a lesson to teach...

[@kholofelomoremi6979]

“Understand where you’re at and accept it.” 🙌🏽

[@The_Third_Place]

the day i had to get an emergency operation and 3 hospital stay days that cost my medical aid company 30k was a happy day, i gladly gave netcare my id and medical aid card. i have trash savings and my medication isnt chronic but i need it monthly so it eats into my savings. so them paying 30k was the only time i felt like i had really claimed

[@katlegoMatlala78]

Bathong Ursula 😭❤️ To you and your team, thank you so much for this. I love love this podcast 💯

[@theconversationcapital]

🥰😘

[@pulematlapeng7716]

From Botswana and this has to be my favorite podcast channel

[@theconversationcapital]

We appreciate your support so much ❤️

[@tebesnkambule1233]

This is definately where we should be wasting our data..so informative and challenged us..thank u soo much!

[@princemulaudzi]

Wow, i like the example of 3 tiers of making money. The founder, the builder and the maintainer.

[@gugulethumsezane9426]

Yoh no He fetched us........this Conversation 🥺🥺🥺,as I go bk to my Founders Sit.

[@vuyelwantshangase411]

I think delaying for 3years to finally invest is such a long time. Anyways I love money conversation in our generation.

[@zammyzee8073]

I’m gonna have to re watch this one. What a mind blowing perspective 🤗

[@bongabotha8211]

I was mind blown too! Couldn’t wait for it to air

[@lettierefilwemphuthi7487]

The revelations about our medical aid money making them more monies is disheartening

[@thembakhanye]

I agree with Thami, my view on emergency savings however is 3 to 6 months savings of essential expenses like basic needs, and minimum debt payment - not necessarily your net income, IMO you're not expected to be worrying about anything else in times of crisis. I appreciate this episode so much. The personal finance conversation is long overdue for a lot of South Africans. We need to continue the conversation with a perhaps a series of topics such (1) a focus on debt and how it can cripple our ability to invest and how to get out of debt fast (2) types of insurance and what is essential to have i.e. income protection insurance.

[@bongabotha8211]

Thank you for that topic recommendation Themba. We will definitely have them in mind!

[@TshepangSekgobela-oh2ep]

Your episodes are so short Ursula hauwa bathong😂... I loved this conversation so much. He needs to come back for sure, because we need these kinds of engagements about finances and wealth. I learnt so much in just a few minutes

[@prudencedantye9297]

Yup. Also enjoyed this so much. He needs to come back. Part 2 Please...

[@phumlanomdebevana5998]

"Don't chew with your mouth open", profound.

[@rosagarises1183]

As a founder this interview is perfect right before the salary comes through, definitely subscribing. 😊

[@kgaogelomartin8948]

This was an eye opening conversation. great minds! But I’d like to differ on the night economy part, generally South Africa is not a safe country so that could be an obstacle to us having a night economy, without being political but I don’t think apartheid curfew culture was a fair example. We could achieve a night economy only if the crime could be dealt with.

[@asathigogo744]

probably one of the best interviews ive seen

[@theconversationcapital]

🥰

[@that_zulu_girl1908]

This chat is not for the faint hearted. It forces you to self-introspect your relationship with money. When he said, "There's a price to be paid." I felt that. He dropped so many gems - so insightful. Thank you Ursula and team. ❤‍🔥❤‍🔥

[@masixolemjongo9897]

Absolute Gold! yho so Many Gems and light bulb moments! I must boo mark this, to through it again, even I have watched all of it!, absolute Gold!

[@palesaaudeniasentso3457]

I feel blessed to have stumbled upon this channel! 🙌🏽

[@theconversationcapital]

Glad you enjoy it!

[@mosimapheeha5237]

Tjooo eye opening conversation thank you

[@patricknkosi5412]

Halla... new subscriber , just followed Ursula from the Penuel show. Good conversations here, wonder why its not trending... love it though

[@RayOfLetsatsi]

The host is so so gorgeous.

[@mihlaliqoyi5982]

His mind is👌

[@gugulethumsezane9426]

Thank u Conversation Capital

[@AfrikaYisaka]

this was amazing and I have learned so much.

[@jeansophia2092]

Thank you Ursula and the team ❤

[@sanelemeyiwa]

Yoh. These were valuable pearls of wisdom. 😩🙌🏽👌🏽

[@elijatmaswera7726]

Yooooh this is profound, much love from ZW.

[@GKubheka]

I pounced upon this yesterday and came back for a repeat yesterday. It just changed my thinking completely and it made so much sense. Thank you guys

[@AZANlA]

what a smart gent. so many gems. one of my aspirations is to become the minority that lifts the majority up.

[@brownbread622]

there's only one Bongs Botha I know. she ordered a jewellery peice from me , payed for it and never came to get it😅. I'm so happy for you babes! I'm glad I discovered this show

[@bongabotha8211]

Lol gurrrllll 🤣! Thanks for watching ❤️

[@user-dc5bi3po8y]

Abo Motsepe and Cyril are actually overnight billionaires my guy but we get your point albeit.

[@TheMathonsi]

This is true however: 1. They had a very rare opportunity set 2. You can't replicate what they have done easily 3. Exceptions don't negate the rule Part of out struggle is that we want to use the outliers as an example. The danger is we begin to think that their path is replicable with ease and more often than not it's not.

[@mokwenamokwena6392]

Very informative 👏, can't concentrate when watching the video because of this beauty, very attractive

[@theconversationcapital]

😅🥰

[@siyandasoxuza1300]

So glad stumbled on the channel especially this episode of Thami its mind refreshing...thanks to Ursula nobuhle bakho 🙏

[@theconversationcapital]

We're heart warmed to have you here ❤️

[@zammyzee8073]

Ah ah ah aneva esperedit 🤣 This chat literally just took off like 🚀 😅

[@theconversationcapital]

😅

[@christinaleuna1229]

❤❤❤

[@richartproductions]

Surely part 2 & 3 are coming.......

[@booksbytumelomoleleki]

If you don't use your imagination regularly, and choose to outsource it, then how will you raise descendants who will imagine something bigger and better? Illiteracy breeds financial illiteracy. Building wealth needs someone who has more than average comprehension, as you choose your portfolio assets based on understanding how you might make or lose money. You have to invest in understanding the asset you choose to invest in. Start by investing in reading for leisure and reading to learn is not reading for leisure. Reading habituates your mind to think in wider terms and to imagine things that are not there. Fiction exerts on its reader a bigger demand for the use of imagination than nonfiction. If you establish a reading culture in your home, your children and grandchildren will do it with ease and enjoy it as it was intended.

[@mnlesego]

Medical aid ke scam 😭💔

[@mnlesego]

This is so brilliant. Thank you for this Team!

[@zammyzee8073]

I’m so mad 😭

[@robbylebotha]

It is, I learned this a few years back when they quoted me R4700 for just me alone. I have not been to a doctor in 5 years. My ex boss told me to get hospital cover and pay for doctor trips from pocket.

[@sfisotheartistgumbi1240]

Uphi losisi ngyomshela straight Abe usugar wam aybo

[@bonginkosimbewu3118]

To be honest I enjoyed this episode but even though I didn't get what I wanted to hear

[@theconversationcapital]

Tell us more about what you’d like to hear

[@bonginkosimbewu3118]

I wanted to hear when someone wants to start a finance company where to go and what to do ?

[@theconversationcapital]

Got it- we’ll look into this topic idea. 🍀

[@LM-he7eb]

*Taxis

[@johnmpandaguta3289]

Elon is not a founder his father was a rich diamond mining magnet he is a builder at least..

[@TheMathonsi]

Not really Elon moved to another country without access to his father's wealth and relationships. He started from the ground as an immigrant. Bezos had a completely different experience as was able to built off the base of his family which Elon couldn't do.

[@kholofelomoremi6979]

Insurance is such a scam 😭😭😭

[@TshepangSekgobela-oh2ep]

I know right😂😂...

[@nkosinathimngadi4147]

Subscribed today and you guys are discussing investment,right up my alley 🎳