1. A synonym of "hakuna matata." This word is used at random times whenever someone is feeling good, doesn't give a shit, or wants to feel better.
2. A lifestyle of not giving a shit about drama, emo Facebook status's and past mistakes.
3. The state of happiness a person achieves after facing all of their past mistakes head on and finding resolution.
I'm totally feeling talibambawae after smoking that joint.
I shouted Talibambawae down the dorm hall after Sarah agreed to go out with me.