Financial literacy key to financial freedom

Loading player...
“Financial literacy is about understanding the concepts that relate to saving, investing and debt. And how it then allows you to make financially responsible decisions.”

This is according to Nomi Bodlani, the head of strategic markets at Allan Gray, who says financial literacy is an important key to financial freedom.

She was speaking on the OFM Business Hour, explaining how important it is in ensuring one achieves their money goals.

Bodlani says there is no shortage of information on the subject matter, her advice is that one must make sure that you’re finding credible information and resources.

“Look up topics, common misconceptions that prevent people from reaching their financial goals and seek the guidance of a financial advisor” is some of the advice she dispenses.

To hear more top tips on upping your financial literacy, listen below:
24 Jan 2022 12PM English South Africa Business · Daily News

Other recent episodes

UFS Business School: Your partner in lifelong learning

The UFS Business School is your partner in lifelong learning, offering flexible, industry-relevant opportunities that help individuals and organisations grow, lead and succeed. Taking you through the varied programmes and upcoming engagements is Prof MacDonald Kanyangale, Dr Cornelie Crous and Adele Louw from the UFS Business School.
5 Aug 4AM 10 min

Trusted Employer Scheme's second window opens

Government has officially opened the long-awaited second window for corporate employers seeking to become part of the Trusted Employer Scheme (TES), expanding the programme to create a faster, more predictable pathway for companies seeking to bring critical international skills into the country. Marisa Jacobs, Managing Director at Xpatweb, says this…
30 Jul 9AM 13 min

FNB explores South Africa’s retirement reality in survey

FNB Wealth and Investments has unveiled the fourth instalment of the FNB Retirement Insights Survey on the 16 June 2026 at the Goodman Gallery in Johannesburg. Now in its fourth year, the survey tracks how South Africans think about and plan for retirement, offering a comprehensive view of shifting perceptions,…
24 Jul 2AM 8 min