Economists and financial experts across South Africa are warning consumers to expect one more large increase in the repurchase rate (repo rate), which already saw a worrying 75 basis point increase in August 2022. Lending and interest rates associated with loans and...
Debt affords us the ability to do what we could otherwise not, because of our financial limitations. It is easy to get swept up in the false comfort that borrowed money can offer at first – a credit card which allows us...
It has been established that Debt Counselling works wonders for consumers who are faced with insurmountable debts. Being over-indebted is hardly a life sentence, and consumers are able to find their feet and live comfortably again after making a few adjustments to...
Are you struggling to balance your numerous monthly instalments to creditors, while still trying to managing basic and necessary living expenses that are continually rising? You may be wondering how to know if you qualify for Debt Counselling, so that you can...
A favourite public holiday in South Africa is Heritage Day, and for most of us, we celebrate our roots with a traditional braai. While we’re all holding on to our wallets and purses a bit tighter these days in light of the...
Due to the socioeconomic constraints we are all currently experiencing, saving and investing seem to be out of the question for many South Africans. The necessity of long-term financial preparation has, however, been brought to light as one lesson the current economic...
Regardless of how long you've been employed or whether this is your first payslip, understanding how your pay is calculated is crucial. Important details on your payslip include your date of payment, gross and net pay, deductions and the money that is...
Getting into debt can make you feel angry and unsure. In a society that is dominated by consumerism and peer expectations, we frequently make purchases without giving our financial stability any thought. While making numerous tiny payments initially seems like a smart...
We’ve all come to expect constant price increases and ever-growing inflation. The ever-rising cost of living and shrinking salaries is placing immense strain on South African consumers. Food and fuel are on the verge of luxury, while many top-shelf companies are struggling...