HEALTHY CHOICES = HEALTHY POCKETS
Apr 27, 2020
4 minutes
By LINEO LETEBA
Opening up about finances is not always an easy feat, especially when it’s about an unexpected financial woe that derailed your life plans. According to Statistics South Africa, about 30 000 summons were issued for debt in the last quarter of 2019, with the value at R260 million.
Many of us love to “shop till we drop”. But, what happens when your finances drop before you do? That about R200 billion of South Africa’s household debt is from credit cards and loans is an anomaly we need to tend to ASAP. Spending on credit is easy because you don’t quite feel the sting of interest rates there and then — it can be likened to drinking bottomless coffee at your
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