Episode 110: Teaching the Next Generation: Lessons in Money and Legacy
In this week's episode of the Money Magic Podcast Vangile sits down with Nolitha Sinaba, a student from the Money Magic course, who shares her journey of financial transformation. Nolitha is a businesswoman managing a pig farm and in this episode she discusses how the course helped her understand the deeper, intergenerational aspects of money and trauma.
She recounts her own struggles with budgeting and debt, and how she came to realize that her financial issues were rooted in more than just numbers—they were deeply tied to family dynamics and ancestral trauma. Nolitha's experience underscores the importance of addressing these underlying issues to achieve financial stability.
Nolitha also talks about the importance of teaching her children about money management and generational wealth.
She explains how she started having open conversations with her children about investments, savings, and financial planning, which has helped them become more financially savvy.
Her story highlights the impact of breaking the cycle of financial ignorance and trauma, and the importance of modeling good financial habits for the next generation.
This is another insightful episode.
Tune in!
Click play on the video to watch.
During this episode, you will learn about:
[02:08]: Introduction to Nolitha
[03:17]: Nolitha as a soul
[07:49]: How can you explain the concept of money to an alien?
[10:38]: Starting to work at 22 and learning to budget
[14:51]: Not talking about budgets in our networks
[18:46]: The shame of not sticking to a budget
[24:23]: Expectations when coming into the Money Magic course
[26:55]: Talking to children about money
[32:08]: Generational curses and generational blessings
[35:39]: Nolitha’s experience of the Money Magic course
[40:17]: Dealing with self sabotage
[44:27]: Buying a farm and becoming a pig farmer
[50:09]: Nolitha’s income ad savings shifts from the Money Magic course
[55:03]: Three lessons that shifted things for Nolitha
[01:01:09]: Contact Nolitha
Notable Quotes
1. “I'm a student of life. I seek to know deeper truths."
2. “For me, I have an understanding that we are deeper than our Christian identification."
3. "If you do not understand your lineage, you can never understand who you are and where you are going."
4. "I think one of the things that slavery and Apartheid, and probably to some extent, religion did, was to disconnect us to our history."
5. "The pie is big enough for all of us. I cannot have this information and say, I need it to work for me also, but I can help others to achieve even way better than what I've done."
Additional money trauma resources:
One on One Coaching: https://www.wealthy-money.com/coaching
Money Magic course: https://www.wealthy-money.com/moneymagic
7 Day Tapping into Ancestral Money Wisdom Training: https://wealthy-money.com/training
Let’s connect on Instagram: https://www.instagram.com/vangilemakwakwa/
