Last week we discussed a lack of financial management, signing surety, sudden expenses and worrying about social status. This week we compound on that list with some more points to consider to prevent you from being put in a position that is vulnerable to accumulating debt: Lacking financial understanding Formal education doesn’t prepare people well...
Category: Debt
PAYMENT PITFALLS AND DEBT DOWNFALLS – PART 1
No one ever plans to fall into a spiral of debt, but sometimes challenges arise that cause the debt to build up around you before you have even realised how bad it is. This puts you in a debilitating position that can be difficult to emerge from. So, here are some points to consider to...
TEACHING YOUR CHILDREN TO WORK WITH MONEY
Every parent wants the best for their children, and the best we can give them is a sure footing in life. One of these areas is intrinsically linked to how they will perceive value in others, value in themselves and the value of things around them. It is hard for children to understand the concept...
PAYING OFF CREDIT CARD DEBT
With festive season celebrations now a distant memory and all of the leftovers hopefully eaten, something still remains for the majority of South Africans – a looming credit card debt! It doesn’t have to linger for long but getting out of credit card debt requires a realistic goal and a firm resolve. You will have...