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 debt.
Smart Spending for the Festive Season
Annaline also noted that the long gap between December and January paychecks makes budgeting crucial. Rising living costs have made people more cautious, aiming to avoid overspending during the holidays. Watch the interview for practical tips on making the most of your money this festive season.
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