The key to financial freedom

FINANCIAL freedom is often portrayed as a destination reached through budgeting apps, savings goals, and perfect credit scores. But for many young South Africans navigating a tough economic landscape, the real journey begins with something less visible but far more powerful: mindset.

- NIRESH GOPICHAND

While unemployment, rising debt, and limited access to quality financial education remain systemic barriers, a growing number of financial educators believe that internal beliefs about money are just as critical. Limiting thoughts such as “I'm too broke to save,” or “I'll be better with money when I earn more,” keep young people locked in cycles of short-term thinking and missed opportunity.

Youth Day reminds us of the power young people have to influence change. In the same way that past generations challenged political systems, today’s youth must challenge the limiting beliefs that hold them back financially.