Money habits are often learned early – and many of us carry financial patterns across generations without realising it.
This Heritage Month, focus on building habits that support a stronger financial future. Replacing old debt habits with healthier ones is one of the most powerful changes you can make.
To tackle debt, start by choosing a strategy:
When you want quick wins: The snowball method
Pay off your smallest debts first. This builds early wins and keeps you motivated.
When you want to minimise interest paid: The avalanche method
Focus on the highest-interest debt first. This reduces the total cost over time.
When you need support: Debt counselling
Sometimes the best move is to get professional support. If you’re struggling to cover basic living costs because of debt repayments, you’re not alone. JustMoney partners with DebtBusters, South Africa’s leading and most trusted debt management company, to offer professional debt counselling. This is a legal process that protects your assets while restructuring your debt into one affordable monthly amount. Log in to request a free call-back to learn more.
Getting a handle on your debt creates more room to save, invest, and plan for your family’s future. Good money habits today can help you build a stronger financial legacy tomorrow.
Read more: Protect your legacy with a valid will.
OUR MONEY COACH PRO-TIP
Quick self-check: If you’re using one credit account to pay another, it’s usually a sign that your debt has become difficult to manage. Seeking advice early can help you regain control before the situation worsens.
Log in to JustMoney and take your first step today.
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