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New study reveals the hustle, habits and hidden power of SA's young consumers

New study reveals the hustle, habits and hidden power of SA's young consumers

IOL News17-06-2025
New research into the spending habits of South Africa's youth reveals that 80% still use cash regularly, not because they reject digital but because fees, access and trust gaps persist.
Cash is king, credit is hard to come by and side hustles often bring in more than 9-to-5 jobs. That's life for many young South Africans. But Gen Zs are not sitting back waiting for a break. They're making a plan and figuring things out for themselves.
Youth specialists Student Village, in partnership with Futurist, Economist and Business Trends Analyst, Bronwyn Williams of Flux Trends, released The Gen Z Economy Report: Cash, Culture and Clout — new research unveiling how young people in South Africa earn, spend, save and think about money.
Based on responses from over 900 South Africans aged 18 to 30, the report shows a generation shaped by financial pressure and economic uncertainty, but full of grit. It reveals how Gen Z is rethinking what it means to earn, spend and save, and why brands need to start paying closer attention.
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Buying a home as a couple? Key tips to make the process smooth and successful
Buying a home as a couple? Key tips to make the process smooth and successful

IOL News

time4 hours ago

  • IOL News

Buying a home as a couple? Key tips to make the process smooth and successful

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Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Roux says understanding one's respective money personalities is about self-awareness. She said it helps one understand why they disagree, which can turn a potential argument into a productive conversation. She said, sharing her own experience, revealed that both she and her husband of 35 years are prepared protectors. 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The steady decimation of SA's middle class over the last decade
The steady decimation of SA's middle class over the last decade

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