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Family love should not equal financial chaos. Yet many people are broke not because they earn too little, but because they give too much without structure. In this practical conversation with financial coach Phuti Mphelo, we unpack why money boundaries matter, how “black tax” shapes family expectations, and how good intentions can quietly sabotage your future. Take the assessment ~ https://moneyboundaries.scoreapp.com Reach out to Phuti ~ https://bit.ly/workwithphuti Buy us a Coffee ~ https://ko-fi.com/mindsetprofits Our Affiliate Programs Get our Trusted editing software: https://get.descript.com/PodcastingAi... Get The Best Accounting Software on Special: https://referrals.xero.com/z37iw752ca... How we grew on Youtube: https://vidiq.com/letsgrowYoutube Free Online Business Cards: https://beacons.ai/signup?c=ntandomaseko Start the year with a good/free CRM Software: https://try.monday.com/7g64b8cfwzc8 Time Stamps 00:00 Why Money Boundaries Fail (And How It Destroys Your Finances) 02:26 The Money Boundaries Assessment: Are You Financially Overextended? 07:11 The Overextended Giver: Signs You’ve Become the Family ATM 17:31 Black Tax & the Sandwich Generation: Cultural Money Pressure Explained 21:30 How Much Can You REALLY Afford to Give Without Ruining Your Future 25:07 Support vs Enabling: When Helping Family Becomes Harmful 40:02 Social Media Pressure, Lifestyle Inflation & False Expectations