Handle Black Tax Like a Pro

Book excerpt: Black tax is not so much about money as it is about boundaries. Explicit and unspoken expectations of financial assistance by parents, siblings and other relatives carry a mental and emotional price, affecting our relationships with our loved ones and with money itself. Helping others is commendable, but how do you do it in such a way that you avoid debt and stop the poverty cycle for future generations? After outlining her own experiences with black tax and boundaries, self-leadership coach Ndumi Hadebe presents ten stories based on real situations – from family members’ expectations to fear of jeopardising relationships by saying ‘no’ and being judged for wanting a lifestyle different from those around you. Each story explores different themes and complexities on the black tax spectrum, followed by reflections on how each situation could have been handled in a way that is peaceful and non-threatening to your relationships with loved ones. Handle Black Tax Like a Pro is an engaging and practical guide that will provide you with a roadmap to stronger relationships, better finances and overall well-being.