Yanga Sobetwa on Winning SA Idols and Managing Money

Songstress Yanga Sobetwa was only 17 when she won SA Idols. While her prize money was life-changing, it was a lot of financial responsibility at such a young age. John Manyike, our Head of Financial Education, sat with Yanga to discuss how she dealt with this sudden cash windfall, how she has evolved, the impact of ‘black tax’ on young South Africans and much more. For more financial education resources from On The Money, visit: https://www.oldmutual.co.za/personal/... 0:04 Introduction to our guest speaker, Idols winner, Yanga Sobetwa 0:33 Yanga Sobetwa talks about where she comes from, where she grew up, and her passion for singing 2:38 Her experience on Idols 4:15 How Yanga Sobetwa handled Idols fame 5:54 Yanga Sobetwa shares her fondest memories of winning Idols, and how felt becoming a millionaire at the age of 17 8:09 Why Yanga Sobetwa asked for her winnings to come a year later 8:40 Who influenced your financial values and decisions? 12:12 The challenges young people face when they start earning money early in life and with their parents 14:03 Yanga Sobetwa shares how she navigated the topic of money with her mother 15:55 What makes the Black Tax conversation complicated for young people? 17:58 Yanga Sobetwa talks about the plans she had after winning Idols 20:43 If your financial future called you, what would it say to Yanga Sobetwa? 21:37 Yanga Sobetwa talks about her biggest influences in life, her career goals, and her interests other than music 23:34 How Yanga Sobetwa sees music as a business, and shares her financial goals 24:49 Yanga Sobetwa shares her dream goals and projects 26:19 Yanga Sobetwa shares her advice for young people pursuing their dream careers To avoid missing out on new videos, subscribe to our channel: https://www.youtube.com/@OM_OnTheMone... More from Old Mutual On The Money: Instagram:   / om_onthemoney   Twitter:   / om_onthemoney   Facebook:   / onthemoneyfinancialeducation   TikTok:   / om_onthemoney   LinkedIn:   / old-mutual-financial-education   #OldMutualOnTheMoney #YangaSobetwa #Idols