TheTakeOff | #MoneyMonday Since it is month end, let us reflect on ‘Black Tax’- "black tax”, where those who have an income are often expected to support their families financially - even if sometimes they can’t afford it.
The burden of “black tax” causes financial distress , possibly leaving the contributors with no savings left after having to share their salaries with entire families. Are there ways to help your family without going broke? Should you say No to ‘Black tax’? Is it family responsibility or manipulation?
Guest: Gerald Mwandiambira , Award winning CFP® Professional , Speaker
and Author
Twitter: @AskGeraldCFP