SOUTH Africans are struggling financially.
A total of 33% of home loan holders find it difficult to meet their monthly repayments or are falling behind on payments.
Furthermore, a total of 70% of South Africans have not seen any improvement in their income since 2020, while 45% describe themselves as financially stressed.
This is according to the Old Mutual Savings and Investment Monitor (Omsim). The research report also found that 50% were “poly-jobbers”, having more than