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Understanding Social Media’s Impact On Consumer Spending In South Africa

Understanding Social Media’s Impact On Consumer Spending In South Africa

by Damon | Jul 17, 2024 | Debt, Save Money

In today’s digital age, social media has become a powerful force shaping consumer behaviour worldwide and South Africa is no exception. Amidst the nation’s current economic conditions characterised by high inflation, increasing interest rates, and...
Home and Contents Insurance in South Africa: Your Peace of Mind

Home and Contents Insurance in South Africa: Your Peace of Mind

by Damon | Jul 12, 2024 | Debt, Save Money

 Home and contents insurance is an important aspect of financial planning. Yet, they were ranked 5th (27%) and 7th (19%) in the most common insurances by type in South Africa as of March 2024. This type of insurance offers protection for your home and belongings...
The Rise in Gambling: A Financial Threat to South African Youth

The Rise in Gambling: A Financial Threat to South African Youth

by Damon | Jul 4, 2024 | Credit Report, Debt

With the rising popularity of gambling among young people in South Africa, there are mounting concerns about the negative effects it may have on their financial well-being.   The FSCA reports that from 1995 to 2023, the total amount of money spent on gambling in South...
Here’s Why Loan Sharks Cause Chaos In South Africa

Here’s Why Loan Sharks Cause Chaos In South Africa

by Damon | Jun 26, 2024 | Debt, Debt Counselling

In the face of South Africa’s tight economy, characterized by high inflation, rising interest rates, and political instability banks have significantly tightened their lending criteria effectively closing the taps to consumers. This cautious approach is a...
What Risks Come With Using Your Credit Card To Cover Your Living Expenses

What Risks Come With Using Your Credit Card To Cover Your Living Expenses

by Damon | Jun 19, 2024 | Debt, Save Money

In recent years more South Africans have turned to credit cards to cover their day-to-day living expenses. This trend is particularly concerning given the country’s economic instability, high unemployment rates, and rising cost of living. While using a credit...
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