Help us welcome Shalom Govero , who is the Founder & Financial Literacy Trainer at TheFinanceWiz. @Shalom_MSA has been accredited by the International Labor Organization (ILO) to train in “Financial Education for Workers in Africa”
& MFO courses such as “Young People, Your Future; Your Money”.

She is also a trained e-facilitator.

Her training focus in the past 5 years has been Financial Literacy for Youth, Women and Financial Management for Entrepreneurs & SMEs.
She has trained 1000+ participants in the past year through various online courses and programs curated under TheFinanceWiz for the Zimbabwean market.

Shalom is the co-host and resource person for Purse Strings, a StarFM Radio show and a Financial Management coach for
the She Means Business regional women’s network. She sits on the RBZ Financial Inclusion Working Group and is a member of Global Shapers Harare Hub leading the Shaped Financial Literacy Program.
You will find her blog articles in publications such as The Sunday Mail, Bulawayo24 and the ILO Social Finance page.

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More from @mentorshipzim

26 Feb
The final thread of the day.
I am going to touch on the controversial personal finance topic of "black tax." On a Facebook group that I am part of, A lady in the diaspora asked, "what is reasonable to send for monthly upkeep for a family of 4?"
A debate on black tax ensued.
As part of my financial education workshops, we talk about how to align financial goals in families. Furthermore when discussing budgeting, we look at the likelihood of family needs making their way to an individual or couple's budget. So let's talk, what is black tax anyway?
According to the Urban Dictionary black tax is the extra money that black professionals are expected to give every month to support their less fortunate family and extended families. In Zim this term has really begun to gain popularity recently, why?
Read 21 tweets
26 Feb
Thread 3 - I want to speak about financial management principles in a small business, family business, or hustle as we popularly call them.
I was part of a family business for 6 years then I have been various running small businesses with my hubby for the past 5 years.
This is what I will discuss:
1. The business & YOU
2. The big picture of the business.
3. Structure and systems 
4. Sales and financial management.
5. The value of business support structures
1. The business is a separate entity to you. Give it a name, a separate bank account (even if it's in your personal name), separate it from your daily personal expenditure. This will help you when you want to formalize it. A huge mistake that small business owners make is...
Read 20 tweets
26 Feb
Thread 2: critical financial perspectives for a young person (particularly living in Zimbabwe)

I would like to start by addressing a common misconception on the value of financial education or personal finance coaching that people like myself offer
In 2018, I signed up to be an exhibitor at a youth-organized fair at Moto Republik. Apart from the exhibition stand, I got a chance to sit down with some youths and talk about money.
After the session, one guy came to me and said, "thanks for the presentation but I felt like you should have talked about the macroeconomic issues. These personal finance issues are kind of irrelevant if the economy is not working well." Fair point, I understood him well.
Read 18 tweets
26 Feb
Hi everyone, I'm excited to be spending the day with you today. As a young person, I will be speaking particularly to the youthies today. The rest of you can eavesdrop 🙃

Firstly, I will share my journey into finance (specifically development/social finance)
I never thought I would land in finance. I tried to stay away because I grew up around it. My mom is a Microfinance guru in Zim & in the region. I went to many dinners where everyone seemed stressed about PAR (those in microfinance will understand this) so it didn't appeal to me
What I loved listening to were the transformational stories of women and SMEs that had grown their businesses through microloans. That made me want to work in development agencies. I wanted to be part of the action and change people's lives. (ignore how flawed this is for now)
Read 18 tweets
24 Feb
Help us welcome Daniel our next curator. Daniel is an Entrepreneur, He Co-founded NDEIPI Clothing an Urban Wear Street wear Clothing Label. He works for First Mutual Health as an Account Administrator.
He is currently studying towards a CIS Diploma. He is the 2021 JCI Zimbabwe Treasurer. He is a retail trader on Zimbabwe Stock Exchange.
@DannyChax Daniel Chakacha
Thank you so much @mentorshipzim for this great opportunity, to share, learn and inspire. I believe that what I am going to share will make an impact to some .I express my gratitude and greeting to all .
Read 30 tweets
24 Feb
My final thread is on CAPITAL RAISING. There’s lots of opportunities for startups in Zim but the main hindrance is capital which is a very important part of building a business. I pray for the day when access to capital will no longer be a huge hinderance.
The 2 main types of capital are equity and debt funding. Equity is when you raise the money through the sale of shares and debt is when you borrow money and pay it back with interest.
Pros of Debt Financing
1 You aren't giving up ownership of the company
2 The one who gives you debt doesn't have a say in the business therefore you think independently
3 You can plan ahead and make budgets we talked about because you know the repayment and interest amounts
Read 8 tweets

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