ANC gives Niehaus Debt Counselling

By Staff Writer

Manage your debts online with Justmoney

ANC gives Niehaus Debt Counselling

Debt problems come to everyone. Just look at Carl Niehaus.

Doyen of struggle politics, big man in the Rhema church, fraud, liar and debtor.

These are not our words to describe Carl, but rather his own words as printed in the papers this weekend.

The Times noted his difficulties with his landlord and his admission of lying to him.

Debt can be a terrible thing that places major pressures on you.

It seems that Niehaus has been getting himself up to his ears in debt for the last few years. The problem with debt is it is not something you can just ignore, interest payments start compounding and before you know it you owe way more than you can afford.

The best thing to do is use a budget planner, and stay on top of it. When debt starts running away from you, it can lead you to do all sorts of things that would not normally be in your nature.

Lying, cheating, stealing, and covering up. No-one, except maybe politicians, really wants to get themselves into this sort of a difficulty.

People will laugh at you.

Niehaus expects this scandal to ruin his career. The actions committed by Niehaus in trying to cover his debt have threatened to draw other people and politicians into the fracas.

The Mail and Guardian looks at the effects the scandal is having on those associated with Niehaus. The Independent Democrats have gone as far as to lay fraud charges against him.

The ANC is backing their man, as reported by iAfrica, even though he is facing fraud charges. Many of Niehaus' problems have been attributed to his 'extravagant lifestyle'.

This is why budget planning is so key.

You need to have a realistic look at your income and know exactly what you can afford to just splurge out on. Or not as is more likely.

Carl did not, Carl covered up, and Carl got caught.

The ANC has offered him debt counselling.

We would suggest that debt counselling should have been offered to him years ago already when the first hints of corruption and fraud were rising from the Gauteng Economic Development Agency.

Niehaus needs a debt miracle now.

It is good to see that the National Credit Act, as instituted by Government, will now be used to help one of their own.

Debt worries are everywhere for everyone.

Don't get caught out like Oom Carl Niehaus, plan your budget and stick to it.

If you can't get some debt counselling, don't try spin your way out of it, 'cos as Carl has shown us, all you are doing is digging your self in more deep, and you will get bust and that will bust your career, all because you just kept adding to your debt, intead of sorting it.

Recent Articles

Featured Do you need credit to survive Easter?

Easter weekend is here and with it the expectation of celebration. While there is nothing wrong with this, it often means spending more money than you bargained for.

 

Read more

Young woman building a legacy brick by brick

When her dad passed away, Siyasanga Ngcongca, an internal auditing graduate, took over the family business. Ngcongca Construction, as her company is known, is a service provider to five insurance companies, handling building and commercial claims.

Read more

Can you evict paying residential tenants?

One of the most common reasons for wanting to evict a tenant is non-payment of rent. But there are many other situations that landlords may encounter. These can range from damaging property and breaching contract, to being reported as a continuous disturbance by neighbours.

Read more

How one entrepreneur designed her financial future

From as early as Cannon remembers, she recalls her grandmother seated behind a sewing machine. Through this influence she was sewing her own aprons and doll dresses by the time she was ten, and by the time she was 16, she started designing and make her own clothes.

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

Hartbeespoort Romantic Weekend Special

Price: R2,999
When: Weekends
Where: North West

Da Vinci Happy Hour

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

Glenburn Spa Easter Package

Price: From R1,065
When: 18 -22 April
Where: Muldersdrift