Our experiences with money growing up can influence how we think about and manage it for the rest of our lives – often without us even realising it.
In this episode of On the Money, renowned businessman Moloko Mongalo joins Old Mutual’s Financial Education Programme Manager, Thabo Hollo, to reflect on how his childhood experiences shaped the way he built his businesses and how he approaches spending, saving, and investing today.
Moloko reflects on growing up around debt, public humiliation, and financial loss, and how those early experiences became a defining force in his outlook on finances.
Don’t miss this open and honest look at how your past can influence your financial future – and how understanding those influences can turn negative experiences from the past into tools to build a brighter future.
Moloko sits down with Thabo Hollo and touches on topics like:
- Moloko’s village childhood and early encounters with money
- Independence at 13: how self-management shaped his money mindset
- From school to first job: the foundations of financial discipline
- Trauma-driven saving habits and 16 years of living debt-free
- Turning adversity into opportunity and lifelong learning
And more.