Money, Family, & Friends: Why Kindness Needs Boundaries | Black Tax

Описание: Family love should not equal financial chaos. Yet many people are broke not because they earn too little, but because they give too much without structure.

In this practical conversation with financial coach Phuti Mphelo, we unpack why money boundaries matter, how “black tax” shapes family expectations, and how good intentions can quietly sabotage your future.

Take the assessment ~ https://moneyboundaries.scoreapp.com

Reach out to Phuti ~ https://bit.ly/workwithphuti

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Time Stamps
00:00 Why Money Boundaries Fail (And How It Destroys Your Finances)
02:26 The Money Boundaries Assessment: Are You Financially Overextended?
07:11 The Overextended Giver: Signs You’ve Become the Family ATM
17:31 Black Tax & the Sandwich Generation: Cultural Money Pressure Explained
21:30 How Much Can You REALLY Afford to Give Without Ruining Your Future
25:07 Support vs Enabling: When Helping Family Becomes Harmful
40:02 Social Media Pressure, Lifestyle Inflation & False Expectations