Guiding consumers since 2009

FNB on recession watch

By Staff Writer

FNB is on recession watch; the rest will come around

From Business Report
By Cees Bruggemans

Not everyone has made the jump to such a drastic deterioration in economic outlook, even though the consumer confidence index of First National Bank (FNB) and the Bureau for Economic Research (BER) has fallen suddenly this year. Give them time and they will come around. FNB is on recession watch, purely led by data, momentum and events - and policy choice. We are joining the US, UK and New Zealand on recession watch.

Justmoney.co.za says:

If FNB is putting it's money where it's mouth is, we are also worried. A recession might not happen, but be on the watch for it. Conduct a financial health check on yourself, consolidate your debts, seek debt management

Recent Articles

Featured Can you take out vehicle finance on an old vehicle?

As it turns out, creditors have several concerns regarding cars older than 10 years. Justmoney has a look at why creditors are sceptical of older vehicles and what you can do to get around this.

Should you have a living will in place?

When you hear the word will, the only thing that comes to mind is the document that states who is going to inherit you property when you’re dead. But have you thought about who’s going to decide what happens to you when you become incapacitated? A living will can help you do just this.

Know the difference between a loan and a credit facility

Choosing the correct product according to your needs is critical in making smart financial decisions. Credit options can be separated into two main categories – loans and credit facilities. But for some people, the lines can be quite blurred between the two.

Is property a good investment?

It’s good to consider whether property is a good investment. Justmoney spoke to numerous specialists to find out whether this is the case in South Africa.

Deals

DaVinci’s on Kloof Students Discount

Price: Available on request
When: Daily
Where: Cape Town

Ghandi's Backpackers and Guest Lodge 10% Discount

Price: Available on request
When: Daily
Where: Johannesburg

Fairway Hotel Happy Hour Special

Price: Available on request
When: Until 13 December 2019
Where: Johannesburg