'SA young professionals heavily indebted'
From SABC News
Six million of South Africa's young professionals are said to be drowning in debt.
Justmoney.co.za says:
If you haven't managed your money, you could be a labourer or a CEO and still not make ends meet. Calculate and consolidate your debt, take out a personal loan to pay off what you owe, remortgage your house or seek debt counselling. If you want to hang on to your assets you will need to check your financial health.
Your financial circumstances will change over time and, if you’re fortunate enough and you work hard, this may well include annual increases. But what does this mean for your monthly or annual budget?
One of the things that inspire us to save is the interest we earn from our savings. When you open a savings account, you’ll often see interest rates classified as nominal or effective. But what does this mean?
Medical aid is crucial, but deciding between the many schemes and inclusions can be difficult. Here's what you should bear in mind when making this decision.
We all hope to have consistent, surprise-free finances. But sometimes we need to deal with unexpected events. We consider ways you can prepare for emergencies, and we look at three steps you can take to secure your finances when an emergency hits.
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