Consumer appetite for credit facilities has increased according to the Credit Market Report (CCMR) published by the National Credit Regulator (NCR) in April.
Your child may be too young to know anything about banks or money, but that shouldn’t stop you from instilling financial discipline. One of the ways you can do that is by opening a bank account where they can save their money.Read More
June is Youth Month and one of the biggest issues facing the youth of South Africa is debt, whether it be student debt, loans or credit card debt. While debt is not the enemy, the real challenge is to manage it.Read More
The difference between a debit order and a stop order is not obvious to some people. Many use these terms interchangeably without fully understanding their meaning. After all it is money that is deducted from their account. However, that is where the similarities end.Read More
Travelling is a sure path to happiness. However, many people put it off because they cannot afford it. We spoke to financial and travel experts to give you some tips on how you can save for your next holiday trip.Read More
If you are burdened with debt, you might have considered going overseas and leaving your baggage of debt behind.
Some people hope that their debt will then somehow magically disappear. Others think being out of the country will wipe clean their creditors’ memory.
Be careful, your debt may come back to haunt you.Read More
The first thing that comes to mind when over indebted and seeking debt relief, is debt consolidation. This eliminates the trouble of dealing with multiple creditors. However, there is another option that you can explore: Debt counselling.Read More
You have been receiving constant calls from your credit provider, offering to increase your credit limit. You jump for joy thinking of the shopping you could do with that available credit.
Before you get excited, here is what you should do before accepting that limit.Read More
This coming weekend is not just any weekend, it’s a long weekend. That means you have three days of leisure on your hands. The problem is, with all that free time you might find yourself spending money to keep yourself entertained. Gregg Sneddon, financial advisor from The Financial Coach, has a few words of advice to ensure you don’t go over budget.Read More
When you have more loans than friends and you feel your only reason for living is to repay them, debt consolidation may be a way to simplify your life and your worries.
A debt consolidation loan allows you to combine all your loans into a single, manageable one. This way, you only have one creditor – and one amount to repay.Read More