discussing finances with family

Why Families Have The Same Financial Patterns

Why Families Have The Same Financial Patterns

Understand that the relationship we have with money and the way we're currently experiencing money can be unwittingly passed onto our kids.

This is why it's not uncommon for a family to have a similar spirit of money or a similar money archetype.

You can find the current generation responding the same way to money as the previous generation did.

It can feel like no matter what we do, we find ourselves in the same situation as our parents.

Maybe your mom would spend all her money at month end, and you feel like you can't stop yourself from spending all your money on month end - no matter what you have to use that money....

On Sons & Daughters Who Take On The Father Role In The Family

On Sons & Daughters Who Take On The Father Role In The Family

We all know about the daughter who will try to replace her father through romantic relationships and even dating older men. 

But we don't talk about the daughter or son who feels obligated to help their mother carry the load financially.

Often this will be the first born daughter or son - they will often step into the role of the father, be super responsible and become their mom's wing man.

3 Myths About Giving Financial Help (or Black Tax) that Block Us Financially

3 Myths About Giving Financial Help (or Black Tax) that Block Us Financially

Often when we talk about black tax, we talk about the recipients of black tax being problematic.

This is a major myth, because a relationship isn't just made up of one person. 

For today I want us to explore this myth and stop looking at the givers of Black tax as victims, and also explore their motives.

I say this as someone who has watched both their parents pay black tax. 

And as someone who has felt deep resentment that their mother had to help her family and end up losing so much in the end. 

Black Tax: When Giving Becomes A Financial Burden & Leads to Sibling Rivalry

Black Tax: When Giving Becomes A Financial Burden & Leads to Sibling Rivalry

Black tax wasn't always "tax", it was a way of looking after the tribe and has its roots in compassion, love and wisdom on how to get out of poverty.

It's a way of paying it forward and is not unique to African people, it's practised in Asia and other ethnic communities.

The idea is simple - families need to get ahead - so the eldest or the smartest child in the family, whoever shows the most potential, would be educated...

How to Deal With Financial Pressure from Family

A few days ago I was invited by Cape Talk to do a radio interview about Family and Money.

I was asked to discuss how young South Africans can cope with the financial burdens of looking after extended family members.

 

Click below to listen to the interview

 

 

PS: Women changing the world

I was recently asked to be part of a speaker series run by one of my friends, Tina Kelly, in California, LA titled “Women Changing the World!”

Tia’s doing a series of video interviews with women that she thinks are changing the world in incredible ways and I was honoured be listed as one of these women, especially after seeing her line up.

Changing the world for the better is a HUGE motivator in my life, so I’m super excited to share my story in this incredible speaker series!

I’d like to invite you to learn more about all these other incredible women by registering for the series

------> Click here to register

The goal: to help ignite flames of positive encouragement under your respective bottoms and to support you to find your courage, to step up to use your own unique voice, gifts and talents to change the world in ways that are important to you!

It’s going to get you totally inspired, have you touching base with your heart centered authentic voice, and contributing in ways that fill your life with Joy and purpose!

And you’ll be surprised to learn that changing the world is actually as easy as 1 2 3 when you listening to you’re heart, because the world can’t help but listen when you do!

------> Click here to register