On Friday, 25 November 2022, the gsport Team had the honour of attending the fourth edition of the Momentum Science of Success Festival, where insights were shared on how we can manage our finances.
Hello gsport Family 🤩 join us as we come to you live from Momentum’s Science of Success Festival in Johannesburg! Stay tuned to our timeline for more insights 🤩 #SuccessIsAScience pic.twitter.com/bm5BpnTff5
— gsport4girls (@gsport4girls) November 25, 2022
Momentum in partnership with University of South Africa (UNISA) compiled expert-led and research-backed insights into the finances of South African households.
In recent times, especially with the Covid-19 pandemic, it reminded us that we do not have control over what happens worldwide. Despite the challenges, there is a formula for financial success that we can use through tough times.
Making reactive moves can lead to regrets, but financial success can be achieved through insightful advice, empowering tools and sound money habits.
5 Money Moves to Help You Build Financial Resilience
1. Identify
Make a list of all your personal and financial needs and wants, i.e., the goals you set for yourself.
2. Prioritise
Prioritise your household’s needs and wants and put timelines to this
3. Develop
Write down your household’s financial plan by setting financial goals based on your evaluation in step 2.
4. Implement
Know how to roll out your plan and by when. Ensure that your entire household is also onboard.
5. Adjust
Review your plan on a regular basis – at least once a year – and make the necessary adjustments to stay on track.
Click here to check out the summary of Momentum and UNISA’s findings
Photo 1 Caption: gsport Founder, Kass Naidoo (left), gsport Commercial Lead, Yolanda Arendse (middle) and gsport Content Lead, Celine Abrahams (right) pictured at the 2022 Momentum Science of Success Festival on Friday, 25 November. Photo: gsport
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