Many saw it coming and some even tried to ignore it, but unfortunately, South Africa’s biggest fear has come true – RSA’s sovereign credit rating has been downgraded to junk status. Although this is devastating news for some and radical economic transformation is leaving uncertain and negative footprints for South Africans in the market as
Weddings are ridiculously expensive. And can cost between R100 000 and R200 000 nowadays. Couples get overly excited when they find the perfect, relatively affordable venue but when they start adding up all the other additional costs, their mood quickly changes. By the look of things, there is no way that newlyweds can avoid starting their lives
Debt counselling offers an ideal solution – an effective debt repayment plan for many over-indebted South Africans. A debt counsellor’s repayment plan may differ in the finer detail, but trained advisors take over-indebted individuals from financial failure to financial success. This process is done by implementing the debt review program from the application process (start)
An important part of South Africa’s economic growth is consumers’ trust in their preferred product or service providers. They have the right to be offered quality service or products. And should not be exploited to let their hard-earned money go to waste. Customers should, therefore, be protected and valued at all times. As it is
Our Minister of Finance’s budget speech is not only going to be under the magnifying glass by rating agencies this week but also by South Africans. Some announcements can have an unfortunate effect on over-indebted individuals. Many South Africans are already applying for credit on a huge scale as it is. And if indirect taxes,
It is that time of year – red roses, chocolate hearts, and dinners by candlelight. Ah, the month of February (sigh). Nothing in the world can come between you and your Valentine, right? Not necessarily. These days more and more romantic relationships are on the edge because of debt’s sly interference. Relationships need constant attention
Life is always throwing curve balls and from time to time you will have to deal with unexpected additional bills. That is why it’s important for you to save extra money for an emergency fund as it enables you to confidently take on the financial challenges life throws your way. An emergency fund refers to
Now that 2017 is in full swing a lot of people are still working hard on making a success of their resolutions. Most people promise themselves to become better people this time round, right? And the first thing many “resolutionists” do is to join their local gym. Is it a good choice? Not always. The
It is the ideal time to clear your mind and to start thinking about clever ways to do a few things differently this year. One of the most important things to consider is how to find some financial stability. The GROW coaching model is effective in reaching financial goals. This model enables you to plan
The big December summer break is here, and plans are being made for holidays, family get-togethers, gifts, and fun activities. But these plans cannot be made in isolation: they need to be attached to a budget. Without a budget, the fun is either not going to happen or it’s going to break the budget to