If you’re the “responsible one” in your family, congratulations! But also, my deepest sympathies. You’ve unknowingly subscribed to a lifetime membership in the Black Tax Association.
There was a time I dreaded every payday. Not because I didn’t have plans for my money, but because somehow, my money always had other plans. The moment my salary drops, the calls start coming:
My cousin in school: “I just need 10k data for a research at school.”
My mum: “The generator is bad and NEPA has not brought light.”
My brother: “Daddy said I should ask you for that ‘thing’…
It doesn’t matter if you just paid for something yesterday. Black tax doesn’t sleep. And while the sense of responsibility can be deeply cultural and admirable, let’s be real: it’s also draining.
If you’re not careful, you’ll be broke, your financial goals will be forgotten, your emergency fund? Empty. Your mental health? Questionable.
So, how do you survive under the weight of black tax? Let’s talk strategy.
The Game Changer: ARM Money Market Fund
I didn’t stop supporting my family. I simply started preparing for by investing in ARM money market fund. It’s a no-drama, interest-generating solution I didn’t know I needed.
The ARM money market fund is a simple, low-risk investment where your money earns interest daily. It’s like a savings account, but better because your money isn’t just sitting, it’s working.
And you don’t need to be rich to start. Even ₦5,000 is enough to begin.
Here’s what I did:
I downloaded the ARM ONE app on my Google Play Store.
I signed up and created a Money Market Fund account.
Every month, I sent a fixed amount into my money market fund account before anything else.
I started saying no to requests that exceeded what was in the fund.
Result? I was no longer scrambling. I was no longer bitter. I was no longer broke by mid-month.
Why This Works So Well
Money market funds earn daily interest. That means your “family budget” is growing quietly and passively.
You’re still generous, just smarter. You’re not spending what you don’t have.
You’re finally in control. Not every “please help me” will shake your financial table.
Things I Wish I Knew Earlier
Saying “let me get back to you” is not a crime.
You can care deeply and have financial boundaries.
A savings account is not enough. You need a money market fund to grow your money.
Planning for black tax is better than pretending it doesn’t exist.
Bottom line: Black tax isn’t going anywhere. But neither is my future. And both deserve attention.
Now, when I get Black Tax requests, I check my money market fund account. If there’s something there, great. If not, I calmly say, “Let me know next month.”
No guilt. No panic. Just peace, and a growing balance.
If you’re constantly overwhelmed by black tax, take it from me: The money market fund route is your best bet.
I’m still helping my family. But now, I’m doing it on my own terms. No more mid-month panic. No more bitter giving. No more broke days before the 10th. Just a growing investment account, peace of mind, and a feeling that I’m not just making money, but also managing it.
Support your people, but protect your bag.
