Debt

If you are struggling with debt it makes sense to come up with a plan.  Avoiding the issue and digging your head into the proverbial sand is not the answer.  It is better to properly assess the situation so that you can explore your options.  Finding yourself unable to pay your bills is very stressful…

There is no escaping it:  South Africans are terrible savers.  We lag considerably behind other emerging countries when it comes to investments and savings.  The World Economic Forum puts our savings at a mere 15.4%, whilst countries like India and China sit at 32% and 51% respectively. There isn’t a culture of saving in South…

Children learn from observation.  They see how you behave and that leaves a lasting impression.  The saying, “do what I say, don’t do what I do” will never work with kids!  It is best therefore to practice good financial habits.  If saving is instilled as a value in your child at a young age, they…

Are you excited about your Christmas bonus from work? You can hear your parents’ voices in your head – “don’t spend it all in one go” – but with holidays just around the corner, it will probably get spent very quickly. Whether it is end of year bills to sort out, Christmas presents for family…

It can be difficult to ask for help when you find yourself in financial trouble.  Nobody wants to be overwhelmed by debt.  If bills start to pile up and you can no longer make ends meet, it is very stressful.  Signs that you are becoming over indebted include frequent calls from creditors or receiving final…

There are many good reasons why you should be setting money aside every month.  If you have some savings, you are in a much better situation if an emergency expense arises.  If you were to unexpectedly lose your job or have a health emergency, having savings available will make a big difference.   You could be…

Gary Player, the famous golfer, is said to have declared, “The harder I practice, the luckier I get”.  There may be some debate about the origin of the quote, but that does not change the truth of it.  Excellence, and wealth, comes from hard work.  It may seem that success comes so easily to some. …

It is a misconception that wealthy people do not work and spend all their money on their lavish lifestyles.  It may be true of many celebrities, living the high life in the eye of the media.  Most wealthy people, however, lead much simpler lives.  They often practice a few daily habits that assist them to…

Budgeting and saving money in South Africa is an important skill to have. Learning it early in childhood can help avoid financial troubles in adult life. Teaching your children how save their money and plan their spending is a wise move that will benefit parents as well as children. With proper money management comes better…

Have you heard about debt review in Cape Town? Also known as debt counselling, it is a debt solution targeted at South African consumers who are over indebted and struggling to manage their finances. You may have too many debts. Are you struggling to make ends meet?  Signs that you are over-indebted include using your…