BUSINESS NEWS - When your child gets their first job, it’s a milestone. Independence. Possibility. A chance to do things their way. But, by then, many of their money habits are already set. 

Long before their first salary lands in their back account, they’ve been watching how you earn, spend, borrow, and protect what you have.

This is the thinking behind Global Money Week’s 2026 theme, Smart Money Talks. The campaign emphasises that financial savvy is inherited rather than instinctive. It encourages families to have open conversations about money.

Nasia Seyuba, People Executive at Weaver Fintech, talks from experience. “My financial education came from my dad,” she says. “When I got to university, he told me to open a store card to start building a credit profile. But he was very clear: don’t spend everything. Pay the instalment every month. Show that you’re a good payer.”

This early guidance shaped how Seyuba approached credit but, around her, she saw a different story unfold. Many friends got credit cards with high limits and spent it all without being able to pay it back. They ended up stressed about debt, with poor credit scores, and panicking when emergencies happened.

Seyuba believes that, while parents don’t need to have all the answers, they need to start the conversations. They should explain how credit works. They should talk about why expenses must be paid every month, even when money feels tight. Insurance is one example.

 “No one likes paying for car insurance or funeral cover. It feels like money you could use for something nicer,” she says.

In order for young professionals to become financially resilient and confident, they need to understand how to build a good credit score. Here, Seyuba goes back to the importance of managing credit responsibly: “Always pay all your financial commitments in full and on time every month. Your credit card. Your cellphone contract and gym membership. Your car repayments. Your insurance or rent. The credit bureaus keep track of all this information, and financial providers use it to determine the limits and terms they offer you.”

Essentially, when you continue to grow your credit profile in good times, you stand a better chance of being able to access the support you need in bad times.

Digital financial providers can also reinforce responsible money management. Their platforms allow customers to check their details, update beneficiaries, and adjust repayments through an app in real time. This visibility reduces unpleasant surprises.

“Responsible providers design their products to reward good behaviour,” says Seyuba. She points to Finchoice as an example of a digital lender that pre-qualifies customers and builds affordability buffers into its offers. They also follow a ‘low and grow’ approach, extending higher lending limits only after good repayment behaviour is shown.

She also points to buy-now pay-later options like PayJustNow as a tool to budget and maintain control, as opposed to holding multiple store cards: “The limits grow in line with responsible behaviour, and repayments are structured and interest-free, which helps prevent the revolving debt trap of traditional retail credit. You also have access to more offers from more stores, within one secure platform when you stick to one provider.”

Still, no app can replace what happens at the kitchen table.

“Get the good habits in from the very beginning, like my dad did. Teach your children that they should start low, and then grow their credit profile. Teach them that they sometimes need to sacrifice now so that they’re secure later. They’re watching you, and listening. If you talk about money openly, it becomes easier for them to make smart financial decisions,” she says.

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