BE SMART WITH YOUR BUDGET
IT FEELS as if our belts couldn’t possibly get any tighter as costs continue to soar. Fuel, food, inflation, interest rates – we just can’t take it anymore!
South Africans are getting deeper into debt because of rising prices. In 2022 about 20% more consumers have unsecured debt than in 2016, according to DebtBusters.
Yet there’s a simple tool that’s so basic to use it’s often overlooked as a potential way to deal with the squeeze: a budget.
It’s more important than ever for people to know where every cent is going, says Shafeeka Anthony, marketing manager of JustMoney. “It’s vital to assess your financial situation honestly and to put a plan in place.
“Getting back to basics and
