Atlas Finance customer feedback reveals food and beverage businesses dominate South Africa’s side-hustle economy, with township foods, baked goods and atchaar helping households generate income, cover essentials and build financial resilience.

Lana Johnson, Franchise Principal and Financial Adviser at Consult by Momentum, says parental financial support should create opportunity rather than dependency, encouraging parents to set clear boundaries, teach financial responsibility and help young adults build long-term independence and resilience.

Ross McMillan, Financial Adviser at Momentum Financial Planning, highlights that fatherhood extends beyond daily care to proactive financial planning, with income protection, life cover, estate planning and professional advice helping secure a family’s future.

Anri Armer, Financial Adviser at Momentum Financial Planning, warns young professionals against lifestyle inflation, encouraging them to use their first paycheque as a foundation for long-term wealth creation through disciplined saving, emergency planning, income protection and early financial advice.

George Kolbe, Head of Life Insurance Marketing and Enablement at Momentum Life Insurance, says young South Africans often underestimate their exposure to sudden risks such as motor vehicle accidents, highlighting the importance of securing life, disability, critical illness and income protection cover early to protect both themselves and their families from unexpected financial hardship.

Peter Tshiguvho, CEO of Metropolitan, says the new No-Lapse Funeral Growth Plan is designed for South Africans with irregular incomes, offering flexible contributions, permanent cover once certain thresholds are reached, and a fully digital, mobile-first experience aimed at improving financial inclusion and reducing policy lapses.