Debt articles
“How debt almost ruined my life”
Three South Africans talk frankly about how spiralling debt and associated challenges caused them to hit rock bottom – and how they’re clawing their way out.
“What we’ve taught our children about debt”
Educating children about debt can help them understand financial responsibility and the value of money. We ask three parents how they’ve gone about this.
Garnishee orders: What you need to know
Good debt, bad debt: How to tell the difference
“Good debt” can help you to build your future wealth, but “bad debt” can do the opposite. We outline the differences to help you make smart choices.
How does debt consolidation work?
We unpack the ins and outs of debt consolidation, and outline how this solution could help free you from the burden of debt.
Debt: How much is too much?
Is debt taking a huge slice out of your take-home pay? If more than 30% is going straight to creditors, it’s a warning sign. At 40% or more, it’s a flashing red light – and usually a sign that there’s too much month left at the end of your money. The good news is you can take back control. Here are three ways to restructure what you owe and get some breathing room back into your budget.
Plug your debt leak
Is interest draining your ability to save? From DIY repayment tips to professional debt counselling, find the best way to reclaim your rands.