Woman Who Once Had 10 Cars Tells the Story of How She Lost It All and Is Starting Over, Mzansi Weighs In

Woman Who Once Had 10 Cars Tells the Story of How She Lost It All and Is Starting Over, Mzansi Weighs In

  • 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

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A young Mzansi woman by the name of Mokgadi Rameetse went viral on social media after sharing her eye-opening and relatable story.

Mokgadi Rameetse sharing how she lost 10 cars
Businesswoman, Mokgadi Rameetse, bought ten cars within four years then lost them all. Now she is rebuilding and restoring what was lost. Image: TikTok / @kgadirameetse
Source: UGC

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.

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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.

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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.”

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See Mokgadi TikTok story below:

The people of Mzansi shed tears as they feel the pain Mokgadi is suffering

Mokgadi’s story hit many hard as they know this pain all too well. Falling victim to the so-called ‘freedom’ of credit has landed many in holes they are unable to escape from. People wish her well and pray she is able to rise from this.

Take a look at some of the heartfelt comments:

@Princess Yanda Mtya said:

“The fact that you were able to do it, I believe you'll do it again and 10 times better. You'll rise again.”

@Princess ❤️ said:

“I lost 3 vehicles... I started a courier business then came covid19 all went to the drain... I don't even have the strength to start over again.”

@Given Mapula said:

“If after this we were never admitted into a mental institution then We will NEVER. we beat depression and its families we conquered...”

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@m power said:

“Life takes quicker then it gives business not for you go find a job be secure you can't run a business ”

@mpumi214 said:

“Sorry mami next time please invest in property not cars to be on the safer side ”

BI Phakathi helps millionaire who lost everything and now lives in poverty, Mzansi moved by kindness

In related news, Briefly News reported that BI Phakathi is a guardian angel in Mzansi. Travelling to find a former millionaire who now lives in poverty, BI Phakathi touched many hearts.

Nothing in life is certain. Not money, fame, love and even healthy, and that is why we need to appreciate each and every single day and thing.

BI Phakathi took to his social media with a clip showing a man he recently helped. The man was once wealthy but lost everything as a result of abusing his blessings.

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Source: Briefly News

Authors:
Denika Herbst avatar

Denika Herbst (Editor) Denika Herbst is a Human Interest writer at Briefly News. She is also an Industrial Sociologist with a master's degree in Industrial Organisational and Labour Studies from the University of Kwa-Zulu Natal, which she completed in 2020. She is now a PhD candidate at UKZN. Denika has over five years of experience writing for Briefly News (joined in 2018), and a short time writing for The South African. You can reach her via: denika.herbst@briefly.co.za.

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