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Rethink your budget and align goals with prevailing situation

The Citizen

|

March 10, 2025

It is time for consumers to rethink their budgets in line with Finance Minister Enoch Godongwana and Cabinet who are rethinking the country's budget that was postponed to Wednesday.

Financial planning is not just about numbers for many, but also about turning ambitions into reality and securing the future.

The postponement of Budget 2025 prompted an unprecedented moment of pause in South Africa's economic engine, giving households a chance to take stock of their financial plans, Therese Grobler, head of wealth management at Momentum Financial Planning, says.

"Just as government adjusts its spending to balance economic priorities, individuals must revisit their strategies to stay on track. Everyone has different financial goals, whether it is retiring comfortably, buying a home, or ensuring they have a valid will in place. What is important is aligning these goals with your overall financial situation."

Like a national budget responding to economic shifts, Grobler says consumers' financial plans should evolve.

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