Break out of the debt trap

Brandon Smith has been working as a paramedic in Port Elizabeth for the past 10 years. His passion and drive for the work that he does is something that he would never consider changing, despite the fact that his income each month doesn’t meet his

Saving: Stop talking, start doing

Recent data retrieved by The World Bank, shows that South Africans are the biggest borrowers in the world with 86%1 of the population in debt. In addition, further statistics indicate that personal savings in South Africa averaged 4.98%2 from 1960 until 2016 – which is

Get a handle on your debt

40 year old Simon from Diepsloot worked hard throughout his career to make sure that everything was firmly set in place for his family in the future. His current job as an I.T Manager at one of Sandton’s big 5 law firms, means that he

The 5 Money habits of a 20-something

South Africa’s debt to financial institutions, sits at a horrifying R1, 63 trillion. Back in 2014, we were also reported to be the world’s biggest borrowers by the World Bank. The excuses for spending money you don’t have are innumerable. From, ‘I grew up poor

Podcast: The mindset of the wealthy

Being able to manage your finances and debt effectively is the key to a healthy savings routine. In this series of podcasts, The Truth About Money Team looks at different types of financial issues you may be facing and explores solutions to tackle them. Have

Podcast: Tax and its grey ares

Being able to manage your finances and debt effectively is the key to a healthy savings routine. In this series of podcasts, The Truth About Money Team looks at different types of financial issues you may be facing and explores solutions to tackle them. In

Stop. Breathe…Now make some good decisions.

I once asked my 8-year old daughter Mia what I should teach ‘adults’ about money – that would really be of help to them. Without any hesitation she shot back “If you borrow money then it’s your responsibility to pay it back!” This is a

5 ways to get your kids to cut costs

Times are tough and cost saving has become essential, even in households that are financially comfortable. At the same time, many parents  shudder at the idea of denying their children life’s pleasures and comforts, and try to avoid making them anxious about money. But spending

Fixing your finances after a breakup

Breaking up is hard to do. It’s emotionally draining and can affect you for months and sometimes even years. But the one thing you might not have considered is the financial struggle to get back on track after a relationship ends. There’s no question that