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Category: Debt Management
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Saving is very challenging for most South Africans. Spending money is what we all prefer to do. Too often, we spend beyond our means by using credit that we often cannot afford to repay. Statistics released...
The repo rate is the base interest rate that the Reserve Bank charges to commercial banks when they borrow money. In order to control inflation, the Reserve Bank sets the level of the repo rate to influence...
“This was my first salary and I was so excited that I didn’t realise that I was taking out too many loans. I felt trapped because I needed more and more loans to pay my current ones. I came across...
“I never thought I would ever end up in a situation where I would not be in control of my money. I tried every solution possible, but I could not handle my monthly payments and started going into arrears...
“Being in debt can be so overwhelming. It’s a nightmare that you can’t wake up from. When I realised that I could no longer take out a loan each month to service my existing debt, I made the responsible...
It’s that time again when the kids put down their Xbox controllers and pick up their books. Back to school is a time when many parents breathe a sigh of relief as peace is restored to the home again,...
There are usually several tell-tale signs that you need assistance with managing your debt. What many consumers don’t realise is that there are formal and regulated solutions put in place to help you...
Is feeding your family breaking your budget? Try these ten debt management tips to reduce the cost of food, without sacrificing fun, health or flavour. Children need feeding every day, and all those meals...
As our client, we are happy to see that you have taken a pro-active step towards resolving your debt situation with DebtBusters. Prior to debt counselling, saving money for your future may not have even...
Nobody wants to hear their children say, “When I grow up, I want to be in debt, just like you”. For some parents, speaking about money to their children is left for when they are much older, if at...