Habits for long-term stability

South Africans need to shift their focus from mere financial education to building and instilling habits that foster long-term stability.

- Wanita Isaacs

When you speak to your financial advisor, they should tell you it's never about how much you earn. It's about how effectively you manage what you have.

Of course, financial education is needed, but being mindful of your money daily and developing habits like saving, keeping to your budget and avoiding unnecessary debt make all the difference.

These habits lay the foundation for resilience so you can weather hard times and still work towards your financial goals.

Recent data underscores the urgency of this. According to the Momentum/Unisa Household Financial Wellness Index, 33% of financially stressed individuals feel they lack control over life's challenges.