Understanding behaviours such as spending, saving, borrowing and planning in achieving financial health
For many young South Africans, the biggest financial barriers are not always a lack of money, but the beliefs, habits and emotions that shape their financial decisions. From social media pressure and instant gratification to financial anxiety and fear of failure, the psychology of money plays a significant role in determining financial outcomes. Drawing on insights from the 2025 NedFinHealth Monitor Report, which highlights the importance of behaviours such as spending, saving, borrowing and planning in achieving financial health, Thami Ngubeni spoke to Khayakazi Madlavu, an accredited facilitator at Nedbank



