More belt-tightening for consumers Already cash-strapped consumers will have to dig deeper into their pockets as petrol, diesel and illuminating paraffin are set to increase by 75c, 93c and 76c respectively at midnight. This, coupled with the carbon tax (9c a litre), which comes into effect on June 1, is expected to add another 30c… Continued
South African consumers, already up to their necks in debt, are in for another shock over the next few months. This is according to financial experts. On Wednesday, the 6 of March, petrol is set to rise by 74 cents a litre, while diesel will increase by 91 cents a litre. In addition to the… Continued
With Eskom more that R420-million in debt and municipalities owing a further R27-billion to the effectively bankrupt state-owned enterprise, deeply indebted consumers in South Africa are going to feel the pain as an increasingly distressed fiscus is trying to stop the wheels coming off. Efficient Group chief economist Dawie Roodt warned that there was a… Continued
Here’re the challenges faced by deeply indebted consumers With Eskom more than R420-million in debt and municipalities owing a further R27-billion to the effectively bankrupt state-owned enterprise, deeply indebted consumers in South Africa are going to feel the pain as an increasingly distressed fiscus is trying to stop the wheels from coming off. Efficient Group… Continued
Prescribed debt Debt expert Neil Roets answers question about prescribed debt posted on Fin24. Read the question and answer below. Question “Who do I contact to remove prescribed debt? The credit bureaus, a lawyer or the creditor themselves? Expert answer Afternoon, Thank you for affording me the opportunity to assist with your question. You’re faced… Continued
Hanlie Stadler – Selfs al daal die petrolprys vandag met ’n stewige R1,23 per liter (en diesel met R1,55), gaan 2019 allermins ’n maklike jaar vir verbruikers wees. Stygende kospryse en algemene inflasie, stygende werkloosheid en bes moontlik ook ’n styging in die rentekoers sal die druk op verbruikers volhou. Heelparty uitgawes word ook in… Continued
Suid-Afrika het meer as 25 miljoen krediet-aktiewe verbruikers en die totale aantal uitstaande skuld van verbruikers is ongeveer R1,8 miljard. Dit is volgens statistiek van die skuldberadingsmaatskappy Debt Rescue. Neil Roets, Debt Rescue se bestuurshoof, sê die groei in krediet is kommerwekkend omdat al hoe meer Suid-Afrikaners in ʼn skuldstrik vasgevang word. Hy wys daarop dat… Continued
Another fuel price drop may only be a temporary reprieve. The country may start the new year positively with a fuel price decrease scheduled for tomorrow, but a tough year is awaiting South Africans, with a series of price hikes that may send the economy into a tailspin. Investors will not jump to invest after… Continued
Consumers can buy basic school uniform for under R100. This includes a shirt, shorts/skirt, a pair of socks and a pair of shoes at selected stores. Photo: Motshwari Mofokeng/African News Agency (ANA). JOHANNESBURG – One of South Africa’s leading retailers, Shoprite, is easing the burden of rising education costs by offering its customers a basic… Continued
Over-indebted consumers struggling to make ends meet Overspending over Black Friday, Cyber Monday and the Christmas holidays will have “severely negative consequences” for over-indebted consumers, a debt counselling expert has said. Acknowledging the brief relief brought from the decrease in fuel prices in December and now January, CEO of Debt Rescue Neil Roets also pointed… Continued
4 Electricity Saving Habits you Need to Have
Eskom have increased our electricity bills by 14% in April earlier this year, and it won’t stop t...
The Art of Living Within Your Means
Be honest. Can you get through the month without spending more than you earn?
...
How to Get Interest Free Savings on Your Credit Card
Sometimes using a credit card works like magic. Boom! We just bought a TV without actually having...
3 Step Net Worth Formula: What is Your Total Net Worth?
Oprah Winfrey has a net worth of $2.4 billion and George Clooney’s net worth is estimated...
Oprah Winfrey: 3 Personality Traits That Can Help You
We all work hard for our monthly salaries, and in light of recent interest hikes and looming fuel an...
We look forward to the opportunity to get you debt-free!
