Debt

Do you dread the winter months? Not only is the weather cold and miserable, but those monthly expenses just seem to double. Electricity bills will skyrocket, as it takes more energy to keep the geyser warm and you will likely be using heaters and appliances more often to stay warm too. Your clothing store bills…

If your debt management is getting you down, perhaps it is time to turn to debt review. Speak to a debt counsellor before you fall into serious debt. If you are already struggling to pay the bills at the end of every month, debt counselling is crucial. Without proper debt management, your monthly debt will…

Follow our 10-step plan for debt review to get out of debt and gain financial independence again. The first thing you need to do is fill out our online contact form. A friendly consultant will contact you with all the information you need to proceed. You will need to fill out an application form and…

Financial strain is one of the leading causes of stress in today’s world.  Some of the warning signs that you may be over-indebted include receiving phone calls or threatening letters from creditors, having to borrow money from micro lenders to meet your monthly expenses, and using your credit card to pay for living expenses.  It…

What do you do when you realise your debt is mounting? For many, being in debt is cause for panic, and they make irresponsible financial decisions to try to counter their debt. This inevitably leads to even more debt and no solutions. Debt itself is not the end of the world; in fact, it can…

When you are in debt, you could be using a large portion of your salary to pay off your debt.  This could leave you with little to meet your daily living expenses.  It could also make it impossible to save for the future.  Being able to afford your child’s education, especially university or college, could…

In these tough economic times it is difficult to make ends meet, and it is easy to find yourself in debt.  It only takes one unfortunate event to push you into the red.  Perhaps your car needs major repairs; or you are in an accident; or you or your partner is retrenched.  Your monthly budget…

Keeping track of finances and payments can be tough, especially when you’re managing a business as well as personal accounts. Many South Africans take out loans in order to make ends meet. In today’s economy this is both a necessary and useful system, but it has its risks. Loans are a form of debt, and…

Finding yourself in debt is very stressful.  The prospect of not being able to meet your financial obligations is worrying.  Perhaps you cannot pay your bills or provide for your family. It is not unusual for people in this situation to berate themselves and to conclude they are stupid.   This is not helpful.  There are…

Do you want impartial debt advice for the new year? Financial management is stressful for most people, and having some advice and guidance can go a long way. South Africa’s new fiscal year begins on 1 April, with the tax and assessment year starting on 1 March for individuals. This means that now is the…