Finance Minister Enoch Godongwana’s recent budget revealed a deepening deficit of 4.9%, indicating that times are tough. The South African government has racked up an additional R356 billion in debt, and the cost of living is straining economic growth. In an ideal world, we’d all have six months’ worth of […]
Money management is a lifelong journey, but it looks different depending on your age. This is why money management tips are always welcome. No matter whether you are a Baby Boomer about to enter retirement, an overwhelmed Gen Xer trying to balance family and job responsibilities, a striving Millennial, or […]
South Africa’s economic journey in 2024 has been a challenging one. It has been marked by persistent load shedding, global economic uncertainty, and financial pressures on households. Despite these difficulties, the country’s resilience shone through. Now, we’ve learned that it grew better in the second quarter of 2024 and may […]
Debt accumulation is a fundamental part of the financial world, however, getting yourself into debt you can’t handle is not. There are ways 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 […]
The road to financial independence can seem dark and dangerous, but it’s easy enough to light the way with these simple tips for managing your money and destroying your debt. 1. Track Your Spending Right now, given the state of the economy it is more important than ever to keep […]
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 prescribed […]
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