How to Make a Budget
Budgeting can mean different things to different people — whether you’re working towards becoming debt-free, budgeting for a low income or saving for that luxury holiday or a new car. However, the end goal of budgeting is always the same — to reach that financial target. Setting your goal is the easy part, knowing […]
Good Debt vs Bad Debt: How Much Debt Is Normal?
Debt doesn’t always have to be bad news. Of course, we would all love to be debt-free, but debt doesn’t always mean doom and gloom. However, if you are going to take on debt, it should be something worth going into debt for and not something that could land you in a financial nightmare. What […]
How to Deal with Gambling Debt
With multiple major international sporting events taking place every year and weekly lottery draws of eye-watering amounts of cash, it is easy to get swept up in the occasion. During all the excitement, you may be tempted to bet on the ‘big game’, but this harmless bit of fun for many can become a real […]
6 Tips for Getting Out of Debt
Financial problems and debt have always been a common issue faced by most of us at some point in our lives. However, over the last 24 months, Covid-19 has only exacerbated the debt problem. With many South Africans losing their jobs or taking pay cuts, we are seeing a major increase in the number of […]
How to Spend Your 13th Cheque Wisely
For many employees in South Africa, receiving their 13th cheque not only provides them with a sense of happiness, but also a sense of relief, as this is often the financial lifeline they have been waiting all year for. Unfortunately, the sad reality is that the majority of people fail to spend their 13th cheque […]
When Does Debt Become a Debt Problem?
In this blog, we will look out how and when debt becomes a problem, the different types of debt, and what you can do to help improve your finances. What’s the difference between “good debt” and “bad debt”? Good debt is debt that is used to enhance your wealth. You may take out a loan […]