“Most women are not confident when it comes to making decisions about investments. They find it intimidating and end up not investing”.

This is the view of Personal Finance Coach and Woman&Finance founder, Mapalo Makhu. And, having seen this in my own circle of friends, I tend to agree.

Think about it, BossLady… Do you know what the difference between a Unit Trust and an ETF is? How many of us can confidently say we know enough about other Saving and Investment options outside of our *stokvel groups?

(In South Africa) a stokvel is a savings or investment society to which members regularly contribute an agreed amount and from which they receive a lump sum payment.

#BossLady caught up with Mapalo, to find out how her 3-month one-on-one Accountability Personal Finance Coaching Programme can help all BossLadies get their finances in order.

And, with Spring in full swing, there’s no better time to develop a fresh financial vision for your life, than now!

Congratulations are in order for Pinky Mokwena who has won the 3 month one-on-one Accountability Personal Finance Coaching Programme course with Mapalo (valued at R10 000) as well as 1x IQ Academy bursary worth R10 300, a corporate identity kit from DelonPalm Design valued at R10 000 and a month-long spiritual coaching programme worth R10 000 with Shannon Walbran. These amazing prizes were part of the R40 000 Ultra Boost competition prize in the #BossLady Boost to Best promotion. We hope Pinky will be making full use of this awesome prize!

“My coaching focuses on building knowledge and developing a positive mindset and accountability towards one’s finances. This programme involves 4 one-on-one sessions where I review a woman’s financials, to help them gain a clearer picture of their next financial step. In a nutshell, we;

  • Assess your spending habits
  • Allocate your money and establish a realistic budget
  • Review of all your financials and teach you how to be more accountable
  • Unpack Saving and investing
  • Analyse and give tools on how to increase your net worth
  • Develop a Retirement plan

I also include Skype calls where I regularly check in on each woman’s progress”, she says.


I help women develop a wealth creation mindset. After I had finished high school, my parents couldn't afford to put myself and two other siblings through university at the same time. I then took a gap year. In that year, I read every book on self-development and business that I could find. That’s how I came across the book Rich Dad,Poor Dad by Robert Kiyosaki. This book led me to read other books by Personal Finance guru, Suze Orman. And right there and then, at age 17, I knew exactly what I wanted to do with my life. I realised that I wanted to become wealthy and help other people do the same.

BL: Wow, sounds like you had a really solid foundation in personal development. What’s the most important money lesson you learned early on in life?

MM: When I was about 8, demanding new toys and other goodies, my mother showed me her payslip. It was a big reality check. It taught me to be honest with my finances and live within my means.

BL: Please share at least 1 success story from your course/ programme and how that particular woman has used it to boost her life?

MM: Because I focus on wealth creation more than debt elimination, I have a lot of clients with extra money. They are looking to invest but often don’t know where to start. There’s one lady, I’m particularly proud of. She was in debt, but after a year under my coaching, she was debt free, owned an investment property and is now looking to invest in shares! She understood that she was accountable towards her money so she took some hard decisions. Look how they’ve paid off!

“In my own personal life, I recently received an offer from a former employer who wanted to buy my Woman&Finance platform. I declined. I am pursuing my business full time now, and it’s the best decision I ever made”.

BL: That’s fantastic. So many of the ladies who’ve signed up for the Boost to Best have shared their dreams of becoming entrepreneurs. We know though that when starting out in business the lines between personal finance and a business’s finances can get blurred. How can they can better manage this process?

By understanding that their business is an asset, not their personal purse. I know it can be hard in the beginning, but one has to develop the discipline from early on. If you do need to pay yourself a small income, do so. It’s the principle of paying yourself first. You deserve it. But, draw a clear line to pay yourself into your personal bank account. You do not want to have line items such as ‘Pick ‘n Pay’ or ‘tashas’ on your business bank account.

Educating yourself about Personal Finance doesn’t have to be complicated or daunting, BossLadies. Not with Mapalo’s Woman&Finance platform around. You can start small with the host of FREE tools on her site and stay tuned for an online Personal Finance course she’ll be launching soon!




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