As part of the Money Habits series, Parbhoo opened up to us about an upbringing that has shaped his relationship with money and set him up to succeed.
After school Parbhoo obtained an honours degree in actuarial science from the University of Pretoria and after a brief stint at Liberty, he joined FNB. “My dad and my uncle have a basic understanding of money compared to what I’ve learnt. Just knowing about unit trusts as a young person starting out gave me an advantage and I’ve often thought, ‘What if my father had known this when he started working’.”
“We must change our mindset. Most people aren’t born rich. They’ve worked and sacrificed a lot to grow wealth. We look at people at the end stage instead of their entire journey.”
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