ALLAN GRAY FEATURE: How not to be a ‘financial nihilist.’

Millennials around the world are increasingly throwing financial caution to the wind, opting to prioritise ‘living in the moment’ and pursuing passion projects over actively saving and investing for the long term. This growing phenomenon is known as “financial nihilism”. As we commemorate Savings Month this July, Nomi Bodlani, head of Direct Clients at Allan Gray, joins Kaya Bizz to discuss this alarming trend and to share tips for how investors can avoid being a financial nihilist.