Smart Spending this Festive Season

On 702, Annaline van der Poel from Debt Rescue and financial planner Rudolf Geldenhuys discussed how to manage Black Friday and Festive spending. Annaline noted that many consumers use credit during this time, leading to financial stress in January. She advised careful planning, budgeting, and sticking to cash to avoid overspending. Festive Season Financial Tips […]

Financial Pressure Mounts Amid Economic Decline

Neil Roets, CEO of Debt Rescue, warns that South Africans are under severe financial pressure as the economy shrank by 0.3% in the third quarter of 2024. While unemployment dropped slightly to 32.1%, many households are relying on credit to cover essentials like food and transport, cutting back on healthcare and insurance just to survive. […]

Black Friday Spending Trends

In a SABC News interview, Annaline van der Poel from Debt Rescue shared findings from their survey on Black Friday spending. The results show that 83% of consumers are focusing on essentials like groceries and cleaning supplies. Many are planning their purchases carefully, setting strict budgets, and opting for cash over credit to avoid unnecessary […]