How to Navigate the January Credit Crunch
Are the spending sprees from December leaving you feeling stressed on how to navigate the January credit crunch?
You are certainly not alone! January is financially a notorious difficult month. Wikus Olivier, debt counsellor at DebtSafe, says that most people find themselves in financial trouble in the new year. Wikus explains that this is because many South Africans don’t set financial goals, or establish a financial plan. Plus most people do not have a budget and or a savings plan in place.
In this CNBC Africa interview Wikus talks about the root of January’s financial troubles and how to navigate the January credit crunch with practical steps and helpful resources.
Watch the CNBC Africa interview below.