The current economic climate has many South Africans reaching for their credit cards, racking up debt. It’s become a common occurrence for South Africans to stress about cash or, worse, spend more than they earn. It’s having an impact not just on their wallets but on their mental well-being, creating […]
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If you’re struggling with debt, you are one of many South Africans stuck in the money-trap. Debt is a major problem in the country and it is necessary for South Africa’s economy to find a solution to this issue – for both the nation and the citizens. From your own […]
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When it comes to making a salary last, South Africans are constantly forced to find new ways to stretch their budgets. Whether it’s increasing inflation rates or the cost of living climbing higher than ever before, what was considered a “decent” salary in previous years simply doesn’t seem to cut […]
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Debt and death are two of the most serious subjects in the world, but unfortunately, they are both a reality. Whether you’re wealthy or struggling from paycheck to paycheck, dealing with over indebtedness is a real issue for many in South Africa. You may think that when you pass away, […]
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In today’s challenging financial conditions, where interest rates are rising and monthly expenses keep climbing, many South Africans need help managing their debt. The fear of vehicle repossession and the burden of increasing loan instalments have become all too real for many. Moreover, financial stress takes a toll on mental […]
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When paychecks come in, we’ve been taught to split the funds into categories of monthly expenses, essentials, luxuries, and savings. In normal circumstances, it would be easy to split funds across these different categories without a worry. However, the current financial climate is making it impossible for South Africans, forcing […]
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South Africans across the income spectrum are struggling to pay their debts, with many under debt review. Many are being ably assisted by experienced professionals to shed the yoke of outstanding debt. There are a myriad of reasons for this – the high cost of living, salaries not keeping pace […]
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How to avoid blacklisting is a common question. However, “blacklisting” isn’t used in the credit industry. This is because the credit bureaus now keep both the bad and good aspects of your credit history, whereas previously they used to keep only the negative information. Read: Demystifying What Blacklisting Means in […]
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South Africa’s middle class is drowning in debt, and stresses are mounting, with ordinary folk dealing with serious financial difficulties. Over 60% of the middle class is said to have unsustainable debt levels, with many hoping that rate cuts are on the cards. In an environment of rising interest rates, […]
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Just as the South African Rand changes its design occasionally, so do tax laws get revised and revamped. The time of the year has fallen upon us for the National Treasury to publish the annual draft of tax law amendments, and this year, it is bringing non-compliant taxpayers into the […]
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