Moloko Mongalo on how childhood experiences shaped his views on managing money Artwork

Old Mutual On The Money

The On the Money Programme is a financial education initiative created to teach all South Africans how to best manage their finances. The programme is based on the behaviours of South Africa's Big Five animals. The unique characteristics of the Lion, Leopard, Elephant, Rhino, and Buffalo, as found in nature, have been distilled to teach us how to manage our personal and family finances. The purpose of our podcast is to educate & empower our listeners on money matters using real life situations and financial moments. It features celebrities, industry experts and ordinary people sharing relatable and practical tips through a conversational podcast on their stories & experience on financial matters.

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Old Mutual On The Money

Moloko Mongalo on how childhood experiences shaped his views on managing money

February 06, 2026 • John Manyike

0:00 | 41:17

Our experiences with money growing up can influence how we think about and manage it for the rest of our lives – often without us even realising it.

In this episode of On the Money, renowned businessman Moloko Mongalo joins Old Mutual’s Financial Education Programme Manager, Thabo Hollo, to reflect on how his childhood experiences shaped the way he built his businesses and how he approaches spending, saving, and investing today.

Moloko reflects on growing up around debt, public humiliation, and financial loss, and how those early experiences became a defining force in his outlook on finances.

Don’t miss this open and honest look at how your past can influence your financial future – and how understanding those influences can turn negative experiences from the past into tools to build a brighter future.

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