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Wishful thinking? Experts say financial vision boards not only work but also have a science to them

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Hungani and Stephanie Ndlovu craft their vision board at Liberty's Vision Board Garden Party on Wednesday.
Hungani and Stephanie Ndlovu craft their vision board at Liberty's Vision Board Garden Party on Wednesday.
Phumi Ramalepe/News24

Whether you believe in them or not, vision boards are one of the most popular tools to create when mapping out your goals for the new year, and a financial vision board is believed to be one of the best ways to visualise and achieve your financial goals.  

Portia Mamabolo, a Corporate and Personal Financial Advisor at Liberty, defines a financial vision board as a visual representation of your monetary goals, capturing specific financial objectives in a physical and visually appealing format – and she swears they work.

“What we're doing is looking at one or two goals that can be achieved within the next six to 12 months,” she said.

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