Financial Sapology: How to break the African Taboos of Personal Finance

By Anania Boboto

Why is the African Diaspora running in circles financially while other Diasporas deploy increasing economic power? Africans worldwide can't continue to stumble in financial ignorance. It's time for our generation to forsake certain African traditions to reset our personal finance.

 

Financial Sapology explains why breaking away from a culture of financial destruction is necessary in African communities:

* To take Africans out of multigenerational poverty and insecurity

* To see more Africans move with greater financial intelligence

* To put more Africans on the track of financial liberty

• Language: English
• Publisher: Anania Boboto
• Release date: Jan 26, 2023
• ISBN: 9798215567289

Anania Boboto

ANANIA BOBOTO is the founder of FinanceOyé, a financial education platform for the African Diaspora. She is originally from Kinshasa in the Democratic Republic of Congo. She is an expert in finance management with 10 years of experience in the United States. She is also the creator of the FinanceOyé Show, a podcast that teaches the fundamentals of personal finance. ⭑ Receive all upcoming books and resources by subscribing to the Newsletter: https://www.financeoye.com/

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Financial Sapology

How to break the African Taboos of Personal Finance

Anania Boboto

Copyright © 2023 by Anania Boboto

All rights reserved.

No portion of this book may be reproduced in any form without written permission from the publisher or author, except as permitted by U.S. copyright law.

Introduction

I am from the Democratic Republic of Congo. And, my people taught Africans one of its most financially destructive behavior, the practice of sapology. Sapologists worship being dressed to kill, preferably in luxury garments from the West. And they defend the extravagance of their wardrobe at any cost. In fact, some of the filthiest slums of Kinshasa boasted the fiercest sapologists of the capital when I was a child.

Considering the greater financial fragility of the African Diaspora compared to other diasporas in the West, it’s time to question this behavior. Sapology is a destroyer of African wealth. It’s time to compete in the management of our finances and forsake wardrobes that exceed our means. Let’s stop fighting for distinction in the accumulation of depreciating assets. It's time to understand that financial sapology is the killer look all Africans should fight for.

Financial Sapology is the manual of the African Diaspora seeking to earn and gather resources for the benefit of Africa. Financial Sapology concerns Africans willing to re-invest all the forms of wealth that they accumulate in their communities. The perspective of Africans who identify with Africa and maintain their ties with it is our focus. I will primarily address Africans in Europe or America. And, if the distribution of African populations in the Diaspora changes, the vision to raise a worldwide army of financially astute Africans stands.

There are many forms of wealth, but financial wealth will be our focus. If you are an African who wants to change the balance of economic power to resist or stop the economic marginalization of Africans worldwide, this book is for you. We will address a gaping wound in the African Diaspora, financial ignorance. If we don’t address our need to master the fundamentals of personal finance, financial liberty and economic sovereignty will remain out of reach for Africans.

If you are an African in the Diaspora who loves Africa and wants to return home to have an impact, mastering how to keep your finances in order is critical. Defining what going back to Africa means will vary for each of us. We can return home virtually or physically, as well as periodically or permanently. We will also need to decide how much to invest in terms of our time, money and effort.

I want to help Africans who return to build Africa, not Africans who return to plunder Africa. Building our home will never be the responsibility of others. In fact, building Africa's economic strength will always be the responsibility of its people!

Contents

Dedication

PART I - SECURE YOURSELF

1. The Definitions of Wealth

Health is Wealth

Education is Wealth

Adaptation is Wealth

2. Plan Your Career

Curate your Environment

Steer your Career

Drop Stale Strategies

Secure True Power

PART II - SET BOUNDARIES WITH FAMILY

3. Secure Your Finances

Engineer your Children

Stop Financial Toxicity

Manage Dowries & Weddings

4. Cultures & Traditions

Face African Financial Culture

Reject Responsibility

Adopt Healthy Charity

PART III - MANAGE FRIENDS & SOCIETY

5. Systems & Politics

Master the System

The Politics of Charity

Time to Work

Wealth is no Witchcraft

6. Wealth with a Mission

Culture of Financial Illiteracy

Generation of Economic Emancipation

Wealth Capture Imperative

Who Should Build Africa?

About the Author

Coming Soon

Also By

To Papa and Mamman

For their multigenerational impartation of

Financial literacy