Walk the road to debt freedom – and make it last
A YEAR on from the first hard lockdown, the TransUnion Consumer Pulse survey for the first quarter of 2021 offers some promising insights for South Africans: 76% of the respondents said they were optimistic about the future, and more than half felt confident their household finances would recover within the next 12 months. However, the […]
Covid’s financial hangover eases
A staggering 94% of those surveyed in a recent Debt Rescue study experienced a cash shortage during the past year. This could be due to changing work statuses. A noteworthy 34% lost their jobs, contributing to South Africa’s unemployment rate breaking through the 32% ceiling, with 22% being retrenched and 17% receiving a pay cut. […]
Neil Roets Explains Effect Of Petrol Price Decrease – OFM
After months of steep fuel price increases, consumers this week had some respite with a slight decrease but Neil Roets, CEO of Debt Rescue, explains how the effect will not be long-lasting. Debt Rescue · Neil Roets Explains Effect Of Petrol Price Decrease – OFM 6 May 2021
Managing your costs as a motorist: Fuel price decrease welcome
After months of steep fuel price increases, consumers can finally let out a small sigh of relief: the cost of petrol, diesel and paraffin has decreased at the pumps. As of Wednesday 5th May, motorists will pay 9 cents less for a litre of 95 and 93; 31 cents less for diesel 0.05% and 30 […]
Relief for SA households as fuel price comes down
CASH-STRAPPED South Africans can take a breather today as fuel prices decrease, easing the cost of living. Meshel Muzuva, a senior finance and economics lecturer at private higher education institution Mancosa, said yesterday the impact of the decrease in the price of paraffin would result in poorer households witnessing decrease in their cost of living. […]
Consumers warned to budget carefully as May fuel prices decrease
While the decrease in fuel prices will bring some welcome relief for motorists, cash strapped South Africans should budget carefully to cover the costs of owning a vehicle. Debt Rescue’s chief executive Neil Roets said after a bond or rent, a car is likely to be a consumer’s biggest cost. Roets was commenting after an […]