Financial freedom: A South African asset management perspective
19 March 2019
While financial freedom may mean different things to different people, being debt-free; gaining financial independence; and feeling a sense of financial stability, are all commonly listed components of this coveted liberty. The reality, however, is that most South Africans will never experience any of these comforts. Research Unisa conducted in collaboration with Momentum shows that 60% of the nation is unable to afford an emergency expense of R20 000, and only 6% can retire comfortably one day.