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Image of a graph showing wealth growth and how you can learn to create wealth at the Momentum Science of Success Festival 2023.

Science of Success 2023

Think financial success happens by chance? Think again. Understand what it takes to succeed financially. Stay on the #SuccessIsAScience conversation to take control of your finances and learn how to:

  • Clear your credit record and manage your debt.
  • Use credit to your advantage.
  • Turn past failures into success.

With the new year around the corner, now is an excellent time for you to start setting your new financial goals and creating a plan to meet those goals.

Give your money ambitions momentum. Follow the conversation on #SuccessIsAScience for tips and insights from entrepreneurs and money experts for inspiration.


Success unlocked with
Steven Bartlett

Steven Bartlett, entrepreneur, speaker, investor, author and host of the UK’s No.1 podcast “Diary of a CEO” will be the headline speaker at Momentum’s Science of Success Festival 2023.

Understanding the formula to success needs expert guidance. That’s why Steven Bartlett, host of the UK’s No. 1 podcast “Diary of a CEO”, graced our stage at this year’s Science of Success Festival to help many unlock their success. This “Happy Sexy Millionaire” knows what it takes to achieve your ambitions. Watch this space to learn what lessons he shared to help you unlock knowledge and unlock your success. #SuccessIsAScience.

Momentum X Unisa

Momentum and Unisa logo.

Momentum and Unisa (University of South Africa) annual Household Financial Wellness Index results from a partnership of over 12 years. Every year, we provide expert-led and research-backed insights into the finances of South African households.

Some noteworthy insights from the latest Household Financial Wellness Index research found that while unemployment has decreased to 31.9%, many South Africans are seeking diversified income streams to survive the challenging economy, and 60% of employed people are looking for a side hustle in the next year.

Here’s the top 10 insights the report revealed.

South African households

1. Purchasing power

Between 2021 and 2022, household purchasing power has seen a decline.

2. Financial literacy

5 out of 10 South Africans think they’re financially literate, but only 2 out of 10 actually are.

3. Calculating interest

1 in 3 households can correctly grasp the concept of simple interest and correctly calculate it.

4. Financial literacy by gender

Fewer females (12.9%) are financially literate than males (17.5%), but females are better in financial reasoning (57.9%).

5. Using savings for emergencies

The first place South Africans would access money for emergencies is from savings - yet South Africans have poor levels of voluntary savings.

6. Financial reasoning

1 in 3 SA households possess sound financial reasoning, but only 1 in 10 can correctly execute financial calculations.

7. SA graduates

Only 1 in 5 SA graduates are considered financially literate in SA, yet those between 25 and 34 are the highest percentage age group.

8. Wealth creation

The level of education and the ability to take control sets people up on their way to wealth accumulation.

9. Financially distressed hourseholds

The number of financially distressed households doubled between 2021 and 2022.

10. Financially well households

There has been a 2% increase of households to be considered financially well between 2022 and 2021.


Financial literacy 5 out of 10 South Africans think they’re financially literate, yet only 1 out of 10 side hustlers are using money to make more money.
Job creation 1 in 2 side hustlers want to actively turn their hustle into a business that employs others.
SME maturity level A large proportion of SMME & side hustlers believe that their business will be reaching maturity in the next 5 years.

Give your money ambitions momentum

For those of you who are employed yet are feeling the crunch of the cost of living eating at your ability to create long-term wealth, what would catapult you into manifesting your money ambitions?

Your money ambitions await. Get #AdviceForSucces. Get in touch with a financial adviser to build a partnership that can lead to all kinds of good things—better long-term outcomes, a better chance of reaching your goals, and a successful outlook on your financial life.

Find a financial adviser

You can choose an adviser based on your needs and location in South Africa.

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