Prepare a budget A well planned budget helps you to restrict your expenses according to the allocated amount. Many times, we overspend on public holidays due to lack of proper budgeting, and excitement. Make it a point to stick to the budget which you would have set...

On Heritage Day, millions of South Africans celebrate their cultural wealth as a nation, the diversity of their beliefs and traditions. But another legacy, equally important, is sadly overlooked: the financial legacy inherited by future generations. While reflecting...

Statistically, one in three South Africans retirees have no retirement plan and will still be in debt upon retirement, forced to use a portion of their pension to pay back previous debts. While reducing debt as much as possible before pension age is advisable and...

Should you put extra money towards paying off debt or saving for retirement? The biggest challenge is to do both well enough, reducing debt as much as possible while moving towards pension age. Here is how to find that balance ahead of retirement. Retiring with debt...

There are times when you feel that borrowing money and taking out a loan is the only valid option, but it doesn't have to be this way. Here are some of the worst types of debt to avoid from the various types of debt funding your daily needs. Credit card debt The most...

It's completely normal to feel overwhelmed and confused about debt, but incurring more debt when you're already in a tight financial spot doesn't have to be shameful. Here is how to lose the guilt and take control over your debt. Stop the debt cycle Unfortunately,...

Taking control over your debt gets easier once you understand the different types of debt and learn to prioritise paying them off. This blog explains various types of debt, the worst types of debt, and which debts can be consolidated when undergoing debt counselling....

More than 50% of South Africa's 19 million credit-active consumers are already over-indebted, a fact only worsened by the pandemic and its lockdown effects on the local economy. These are recent stats released by the SA Human Rights Commission. But what is most...

Various money ratios indicate if your debt is at a manageable level or not. These calculations may be employed by financial institutions to determine your creditworthiness but are generally helpful to understand your finances, reduce debt and improve budgeting....

Being debt eligible means that you satisfy all the conditions to obtain debt and receive credit from banks or financial institutions. Here's how to find out if you are debt eligible and whether you qualify for credit, what to do if you don't and what an ITC Credit...