“Funny how the rain only shows up after you’ve finally saved for a rainy day, right?”
But hey, that’s exactly why we save—to be ready when life decides to test us! This Youth Month, we’re flipping the script. No more waiting for the storm to hit. It’s time to build your umbrella—one rand at a time. Whether you’re earning a little or a lot, saving is your superpower.
June in South Africa is more than just another month—it’s a celebration of youth power, resilience, and potential. It’s a time to remember the bravery of the 1976 generation and to ask ourselves: what legacy are we building today? One powerful answer? Financial freedom. And it starts with a simple but life-changing habit: saving for a rainy day.
The Reality Check
Let’s be real; life is unpredictable. One day you’re vibing with your friends, the next you’re hit with an emergency: your phone breaks, you lose your job, or a family member needs help. Without savings, these moments can feel like a crisis. But with even a small financial cushion, you’re in control. You can breathe. You can bounce back.
Why Youth Should Care
You might think, “I’m young, I’ll save later.” But here’s the truth: the earlier you start, the stronger your future becomes. Saving isn’t just for adults with 9-to-5 jobs. It’s for students, freelancers, hustlers, and dreamers. It’s for YOU.
Even if you’re earning a little, saving a little is better than saving nothing. R20 a week? That’s over R1,000 a year. It adds up. And more importantly, it builds a mindset of discipline and independence.
The Power of Small Starts
You don’t need a big salary to start saving. What you need is a plan:
- Set a goal: Save for something meaningful for example emergencies, a course, a side hustle, or even a trip.
- Track your spending: Know where your money goes. Cut back on things you don’t need.
- Automate your savings: Use banking apps to move money into a savings account the moment you get paid.
- Join a stokvel: Community savings groups are powerful and trusted ways to stay committed.
Financial Literacy = Freedom
Let’s face it—most of us weren’t taught how to manage money. But that’s changing. Free resources, YouTube channels, TikTok creators, and local workshops are making financial education cool and accessible. Learn about budgeting, credit, investing, and how to avoid debt traps.
Tech is Your Friend
Your phone isn’t just for scrolling—it can be your financial coach. Apps like 22seven, Yoco, or your bank’s mobile app can help you budget, save, and track your goals. Use tech to stay on top of your money game.
Let’s Change the Culture
Saving isn’t boring. It’s bold. It’s revolutionary. It’s saying, “I believe in my future.” As we celebrate Youth Month, let’s shift the narrative. Let’s make saving cool. Let’s talk about money openly, share tips, and support each other in building wealth—not just for ourselves, but for our families and communities.
Final Word: Your Future Starts Now
Youth Month is about honouring the past and shaping the future. You have the power to create a life of stability, opportunity, and freedom. It starts with one small step: saving.
Created by: Sydney Sekese, CFP® professional
To achieve your financial goals and secure a brighter future, it’s essential to seek guidance from a financial professional. They can provide you with personalised advice and strategies to help you save effectively and plan for a prosperous tomorrow. Take the first step towards financial success by visiting Find a Financial Professional today. Go to https://fpimymoney123.co.za/find-a-financial-planner/. Your future self will thank you!