Writer DS 
The holiday season is just around the corner and people are holding their breaths… 2015 has been a year filled with crazy increases in living expenses. So how do you spend less in December? Our advice… Think twice about spending too much of your hard-earned money during the holiday season. People tend to get carried
Most people never or rarely look at their bank statements or credit card statements. And when they do they’ll often find strange amounts deducted for things they haven’t authorised. The easiest way to find any strange amounts going off your accounts is to plan debit orders for more or less the same time each month.
For the past few weeks’ South African universities were under siege by students protesting increasing tertiary fees and student debt – until President Zuma stepped in and made an official statement that no fee rise will be enforced next year. While campuses are calming down and some classes are back to normal, the ever-present issue
In an effort to stop reckless credit granting, the National Credit Amendment Act (NCAA) has proposed affordability assessment requirements. Consumers will find it more difficult to get credit. But at the same time, the new amendment will protect consumers who can’t afford more debt. On 13 March this year, the DTI published the regulations. But
People’s cash-flow is getting stretched more and more each month. But if you’re finding yourself relying heavily on your credit card to get you through it’s time to have a serious look at your spending habits. According to statistics from our survey, a little over 50% of the participants indicated that they don’t have a savings
Stats SA announced that the unemployment rate in South Africa has declined by 1.4% to 25% between the first and second quarters of 2015. But, the unemployment rate is still high. Living expenses increase. The economy isn’t looking promising. More mines are threatening to close down. The average South African isn’t earning enough to make necessary
When the South African Reserve Bank (SARB) governor Lesetja Kganyago last week announced a repo rate hike of 25 basis points to 6%, banks, businesses, and South Africans were up in arms. Yet economists expected the increase. The SARB governor said high levels of wage growth, currency fluctuation, and ESKOM increases had an impact on
Are you aware of the various options you have when it comes to getting out of debt? There are four debt management options which you can consider when you’re over-indebted or struggling with your finances. These include administration, consolidation loan, debt review and sequestration. But how do these options weigh against each other? Plus we’ll
The “silly season” is almost upon us and although this period is supposed to be joyous, many people stress about trying to give their families the perfect December holiday. December Holiday and credit cards Always try your best to refrain from paying holiday expenses with a credit card. However, paying by credit only makes sense
South Africa is celebrating National Savings Month this July. But this is also the time of year a lot of us are struggling to keep ahead with payments. The average South African is paying almost all their income on debt repayments and we’re on a mission to educate individuals to become better off financially. What