A lady by the name of Mokgadi Rameetse courageous shared her story of how she lost everything but is rising again
Coupled with the harsh effects of Covid, Mokgadi sank due to the large amounts of debt she accumulated as a result of buying 10 cars
Mokgadi went viral on social media and many thanked her for sharing her very relatable and valid story
A young Mzansi woman by the name of Mokgadi Rameetse went viral on social media after sharing her eye-opening and relatable story
With many people I f South Africa coming from homes where their parents did not have the opportunity to run businesses and money is a new thing, they were not taught lessons that could have saved losses.
Mokgadi had 10 lush cars and a thriving empire until it all came crashing down. She bought her first car at the age of 28 and did not stop.
She startled a shuttle service that took off, allowing her to get the credit she did not know how to handle. With a high of success and bad influence, Mokgadi made some detrimental decisions. Raking up credit through purchasing cars and other things, she was left with repayments she just could not make.
Mokgadi told W24 that she bought a bakkie, a Mercedez, a Golf 7 GTI and the list goes on. Sis has learnt her lesson and is now doing the most to rebuild herself and clear her debt.
“I understand that I have failed, but that is part of my journey; I have learnt my lesson right now. I know what I need to avoid in the future.
“I’ve learnt many lessons. I now know that if you have debts, you must prioritise them first and save up for unforeseen events. Investing in assets is so important.”
