If you’re struggling to repay debt, there may be more than the monthly instalments at fault. You could be paying too much debt interest. Reducing this debt interest is another way to make debt manageable. Interest rates for debt For any amount of money you...
Debt consolidation unifies multiple debt, typically high-interest unsecured debt such as credit cards, into a single manageable debt payment. You can use the process to re-organize debt, reduce monthly repayments, pay back a lesser amount, and get a better interest...
Are you nearing pension age and still worrying about repaying debt? You are not alone. Research from South Africa Reserve Bank and Stats SA shows that South Africans are spending 75% of their take-home pay on refinancing debt, and are likely to continue paying debt on...
Prepare a budget A well planned budget helps you to restrict your expenses according to the allocated amount. Many times, we overspend on public holidays due to lack of proper budgeting, and excitement. Make it a point to stick to the budget which you would have set...
On Heritage Day, millions of South Africans celebrate their cultural wealth as a nation, the diversity of their beliefs and traditions. But another legacy, equally important, is sadly overlooked: the financial legacy inherited by future generations. While reflecting...
Statistically, one in three South Africans retirees have no retirement plan and will still be in debt upon retirement, forced to use a portion of their pension to pay back previous debts. While reducing debt as much as possible before pension age is advisable and...
