Prescribed debt is an interesting scenario that people who utilise credit across South Africa should know more about. It’s not common, but if caught off guard, you could be responsible for a debt you don’t need to pay. Read: 10 Warning signs that you have a debt problem What is […]
The past few years have been quite challenging for South Africans, with interest rates and inflation constantly rising. Concerns increase as statistics indicate debt levels for those with a salary of R20,000 or more continues to grow. The latest stats reveal that households are currently spending two-thirds or more of […]
Credit reports show how well you pay back loans and credit accounts. To borrow money, you need to apply with a lender who checks your history of paying back loans. This is called your credit history and it affects your ability to borrow money, how much you can borrow, and […]
Credit scoring tells the lender how likely you are to pay back your debt based on your previous conduct. Therefore, applying for credit from a lender will include assessing your credit score. You may wonder, “What do you mean by credit scoring?” A credit score considers many factors, including whether […]
As Easter is fast approaching, families across South Africa are looking for ways to celebrate without overspending or going further into debt. Fortunately, there is an abundance of budget-friendly activities that promise fun for the whole family. From outdoor adventures to creative crafts and a movie night, you can do […]
As Easter approaches, it’s the perfect time to plan a getaway and create lasting memories with your loved ones. But who says you must spend a fortune to have a fantastic holiday? Enjoy all the fun and Easter excitement without worrying about your finances with our guide to budget-friendly escape […]
Finding affordable grocery stores and options can significantly affect your overall spending and monthly budget in a world where every cent counts. South Africa is home to several fantastic supermarket chain stores renowned for their wallet-friendly prices and enticing deals. Let’s explore the top picks for the cheapest grocery stores […]
In a landscape where financial stability often feels like a distant dream, understanding the nuances of household affordability becomes paramount. Recent studies shed light on the intricate dynamics influencing spending patterns and economic outlooks for South African households. Let’s delve into these insights and uncover strategies to navigate the challenging […]
In the heart of South Africa, amidst the vibrant rhythm of daily life, lies a silent struggle – the realities of high prices and mounting debt. While the bustling streets may echo the buzz of commerce and activity, many South Africans find themselves grappling with the burdensome reality of the […]
In today’s fast-paced world, imparting financial wisdom to children is more crucial than ever. As parents, it’s our responsibility is to equip our kids with the necessary skills and knowledge they need to guide them through the intricacies of money management. From saving habits to understanding compound interest, instilling good […]
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