To top
Logo
Articles

7 out of 10 Readers are severely affected by COVID-19 – JustMoney Survey

For the month of April, JustMoney ran a survey about the financial impact the nationwide lockdown has had on our readers. More than 2,000 participants shared their experiences with us.

12 May 2020 · Staff Writer

For the month of April, JustMoney ran a survey about the financial impact the nationwide lockdown has had on our readers. More than 2,000 participants shared their experiences with us by answering twelve questions about their personal finance.

Among other things, the survey established that participants were predominantly employees who earned less than R10,000 per month. They made an effort to stay on top of their finances and more than half of participants set out a monthly budget.

We learned that over 70% of participants saw a change in their family earnings. In spite of this, less than 30% are considering a payment holiday. Understandably, nearly 80% of respondents are concerned about their financial situation and the majority cannot afford an emergency payment of over R5,000.

Let us help you keep your finances in order during this challenging time. At JustMoney we aim to educate and inform you on how to best manage your personal finances. Have a look at our news section for the latest articles, or use our calculators to work out your unique taxes or budget.

To view the full survey results, click on the icon below JustMoney Survey

Free tool

Check your credit score now and take control of your finances. It's instant and totally FREE!

Get started
Make good money choices - join 250,000 South Africans who get our free weekly newsletter! Join the community →
JustMoney logo

info@justmoney.co.za  
5th Floor, 11 Adderley Street, Cape Town, 8001

© Copyright 2009 - 2024 
Terms & Conditions  ·  Privacy Policy

Quick links

Your credit score is ready!

View your total debt balance and accounts, get a free debt assessment, apply for a personal loan, and receive unlimited access to a coach – all for FREE with JustMoney.

Show me!