IOL reported that the average South African carries around R16,481 in credit card debt. But considering current economic conditions these numbers may be a lot higher. Debt Rescue conducted a study that found 85% of South Africans are in financial stress due to covid-19. Due to their current financial situation, South African consumers are relying… Continued
How were you affected by Covid-19 financially? We need your help. Accurate, real-time statistics are of utmost importance in times of crisis. This survey will be used to see how COVID-19 has impacted the population, and how we can help anyone suffering financially as a result going forward. For us to win this fight, the… Continued
What do you spend your money on when you have extra cash coming in? Taking advantage of the low-interest rates to pay off your mortgage may seem like a great idea. Or you could invest that extra money into your retirement, your children’s college funds, or other financial goals. They’re both great ideas, but which… Continued
Real estate investing is a hot topic among South Africans right now as interest rates are at a historic low. However, like most things in life, there are two sides to every story. Although interest rates are looking better than ever, no one can predict what the property market will do in future months. What… Continued
We use our money almost every day. But most of us don’t know how to successfully manage our money. It’s surprising that schools don’t teach personal finance skills at all. So it’s up to us, as parents, to teach our children the money skills they’ll need later in life. How do you teach your kids… Continued
How much money do you think you could save every month if you just changed your spending habits? Changing your spending behaviour can have a dramatic impact on your financial situation, especially if you’re on a tight budget. How should you manage your finances and prioritize your monthly expenses? Prioritizing your monthly expenses comes down to… Continued
Many South Africans are struggling to afford all their monthly bills at the moment. As a result of this consumers rely on debt relief programmes to help cope with their financial situation. One solution may be Debt Administration. What is debt administration and how does it work? There are various financial relief options to choose… Continued
What would you do if you were debt-free? Take a second to imagine what your life would look like. Imagine all the extra money you’d have to spend on the things that actually make you happy. You might have an extra R1 000, R5 000 or even R10 000 every month. What would you do with… Continued
As the Covid-19 pandemic keeps rising, South Africans struggle to keep up with all their monthly expenses. Many people have lost their jobs over the past few months and those who have jobs are hanging on a financial thread. Providing a perfect feeding ground for money lenders. Dodgy loans sharks have infested South Africa with… Continued
Most people only dream of becoming financially independent. But not everyone will achieve FI. The reason for this is that most people don’t commit, don’t believe it’s possible or they plan poorly. If you’re serious about achieving financial independence, you’ll have to define what that means to you and acknowledge where you currently stand financially.… Continued
We look forward to the opportunity to get you debt-free!
