January 01, 2025

Episode 125: The Legacy of Oppression: Rewriting Family Money Stories and Healing Parental Wounds

1 hour 40 minutes

In this episode of the Money Magic podcast, Vangile Makwakwa explores the relationship between money, ancestral trauma, and healing. This episode focuses on how systemic oppression affects family dynamics and financial behavior, particularly among marginalized groups.

It highlights the effects of colonization, slavery, and apartheid on financial behaviors, leading to a survival mindset that prioritizes immediate needs over long-term planning.

Vangile also discusses the concept of money archetypes and how family dynamics shape them. She emphasizes the importance of recognizing one's money archetype to understand financial behaviors and develop healthier relationships with money.

She also underscores the need for healing ancestral trauma by understanding how historical and cultural contexts influence financial narratives. It also touches on the psychological effects of oppression and the importance of addressing these issues at a nervous system level.

This is another insightful episode.

Tune in!

During this episode, you will learn about:

[02:08]: Introduction to the current episode

[05:07]: Discussion on financial behaviors and systemic oppression

[06:37]: The impact of systemic oppression on financial advice for women

[10:52]: Family dynamics and generational wealth

[18:28]: Reflective exercise for listeners on family money memories

[22:07]: The role of family money stories and cultural impacts

[26:18]: Impact of historical and cultural contexts on money stories

[33:53]: The importance of working with personal and systemic factors

[36:50]: The impact of societal expectations on personal financial behavior

[43:04]: Differences in financial planning between different socioeconomic groups

[50:40]: The perpetuation of poverty cycles due to lack of financial resources

[56:52]: The impact of single-parent households on ancestral wisdom

[59:50]: Research findings on poverty's impact on brain development

[01:02:55]: The impact of financial stress on decision-making and self-worth

[01:08:43]: Importance of holistic healing in financial trauma

[01:16:37]: Recognizing and adapting money archetypes

[01:18:07]: Explanation of shadow and golden archetypes

[01:19:32]: Book promotion and availability information

[01:38:30] : Closing remarks and additional resources offered

Notable Quotes

"A huge part of healing money trauma is also understanding how systemic oppression has impacted our nervous systems so that we can actually heal from that impact as well."

"Families under oppression develop a survival mindset. They tend to prioritise immediate needs over long-term planning for many reasons."

"Poverty trauma can have a negative impact on children's brain development."

"Stress makes it difficult for us to focus on long-term goals and can impact our sense of personal power and self-worth."

"We need to take into account how historical and cultural impacts of systemic oppression impact us."

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/

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By Vangile Makwakwa

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