5 Tips for salvaging your finances

MANY South Africans are finding that their financial situations are drastically different from what they were at the beginning of the year – and things could get even harder in the months to come. In times like these we need to be extra careful about how we manage our finances. Here’s what you need to do to protect your cash flow and make sound decisions about money.

1 MAKE SENSE OF YOUR EXPENSES

■ Inevitably, lockdown would’ve had an impact on your spending