Send suggestions for topics and requests for info to yourmoney@you.co.za. We may answer your questions in this column but won’t reply personally.
AS INTEREST rates continue to rise, all credit purchases cost more. But sometimes you really don’t have an option other than using your credit card. And then the cashier asks: “Budget or straight?” Here’s how these options differ and what the implications are when you swipe your card.
1 UNDERSTAND HOW YOUR CREDIT CARD WORKS
You qualify for a credit amount, for example R20 000. When
