Debt articles
3 smart strategies to tackle debt
Reducing debt can ease money pressure and free up cash. Explore three practical strategies to repay what you owe and build a more secure financial future.
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.
Are payment holidays a wise idea in South Africa?
Before taking a payment holiday in South Africa, understand the costs, credit score impact, and better alternatives for your situation.
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.
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.
Don’t let a debt collector bully you
Debt collectors don’t rate highly in the public popularity stakes – often, with good reason. We outline what debt collectors may not do.
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.
Garnishee orders: What you need to know
“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.
“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.
6 Smart moves to get yourself out of debt
