The term over-indebtedness applies to those who currently have credit repayments that exceed their current income. In such cases, you could be turned down for a credit application as taking on the additional financial commitment could cause you to be over-indebted. Read: 10 Warning signs that you have a debt […]

Over the past five years, the cost of groceries in South Africa has surged dramatically. This increase presents a significant challenge for households trying to manage their budgets.  For instance, a family that used to spend R5000 on groceries in May 2019 now has to shell out approximately R2,280 more […]

Are you looking to save money or cut down on debt? Changing banks might be a smart move. With so many options available, knowing which South African bank will truly help you save money is essential, especially in the long term. Let’s dive into the details of ABSA, FNB, Nedbank, […]

The 2024 election in South Africa has marked a turning point in the country’s political and economic landscape. For the first time since the end of apartheid, the African National Congress (ANC) failed to secure a majority, obtaining only 40.18% of the vote.  This shift has ushered in a period […]

South Africa commemorates Youth Day on June 16th, a day to reflect on the progress and challenges the nation’s youth still face. Among these challenges, financial literacy stands out as a critical area where young people can make strides to secure a better future.  This article aims to equip South […]

One thing all South Africans know is coming, but they’re not fully prepared for, is retirement. At some point, the life we’ve been living and the way we’ve been dividing our time will change.  If you’ve got everything in place, this change, while big, can be as smooth as possible. […]