Cushioning the fall

By Staff Writer
Cushioning the fall

From iAfrica

Trouble on the global financial markets has been over-shadowed in South Africa by political turmoil, which itself triggered panic on local markets when Trevor Manuel 'resigned'. But as the US reels from the rejection of a $700-billion banking bail-out plan, stock markets worldwide drop in value and a number of major economies teeter on the edge of recession.

What does this all mean for the average SA consumer?

Justmoney.co.za says:

Cut your borrowing, be careful with your investments, budget better and shop around for a lower mortgage.

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