Personal loans are like the chameleons of borrowing, in that there is more than one way to look at using it. You can use your personal loan to tackle your credit card debt. To buy or lease a car, consolidate your loans or pay for that dream wedding or holiday abroad. A personal loan provides a kind of flexibility that…
Living with debt may seem like the ‘norm’ these days but debt has the potential to damage our lives in a far less normal way. Carrying too much debt can cause more than budgeting problems; it can cause stress and personal problems, too. Experts today say that your mental and financial health are unquestionably intertwined. While it may be easy…
In life, there are a few purchase milestones we hope to reach within our career, one of the biggest ones being purchasing your first car. Therefore, it is imperative to consider all options and factors before deciding whether it is best for you to buy or lease a car as both options have several benefits and downsides. You need to…
Money is a tricky enough concept to figure out when you’re single and alone. Trying to make rent, eat food and somewhat survive is tough but throw another person into the mix and suddenly things start to become problematic. And while a long talk about the history of your credit score and financial stability isn’t exactly first date material, ‘money…
The millennial generation is the most educated generational group the world has had yet, in fact, many graduates are still celebrating their recent degree accomplishments. And so they should, for getting a degree is no small feat and an imperative step towards a sound financial future. However, only once the graduation celebrations are over do you begin to understand how…
Everybody knows there are a few hot-button topics that have the power to make even the tamest dinner conversation go nuclear: Religion, health, death and politics. However, it is money that is perhaps the most difficult topic of them all. Even though money is the leading cause of stress in our relationships we all have queries, questions, needs and concerns…
Getting that university acceptance letter is only half of the battle when it comes to tertiary education – you also need to find a way to pay for it and tertiary education is not cheap. But is it worthwhile taking on significant debt to earn an academic degree? The answer is a resounding yes. There are, however, a few things…
Accumulating debt is a fundamental part of the financial world, however, getting yourself into debt you can’t handle is not. There are ways that you can combat your debt through the very thing rumoured to cause it – yip, your credit card. Most people overwhelmingly choose ineffective strategies for paying off their debt. Do you want to take twenty…
Today being in debt is a fact of life. No matter who you are or where you live, chances are you’re in debt, either from mounting credit cards, personal loans, or all the above. However, not all debt is bad, in fact living a completely debt free life is not necessarily a good idea either – despite its debts bad…
Drowning in debt? You’re not alone. Many of South Africans are battling to meet their financial commitments. If your monthly repayments on your house, car, credit cards and other accounts have risen so high you’re facing blacklisting, one option is to go into debt counselling or debt review. The debt review process was introduced in 2007 with the National Credit…
