Inflation is climbing in South Africa, nibbling away at household budgets and tempting many to trim expenses. Short‑term and life insurance can feel like easy targets, but cutting coverage today can spark a financial disaster tomorrow. Insurance isn’t a luxury; it’s a...
1) What is the primary budget? It’s the government’s revenue minus its non-interest spending. In simple terms: money you have left over after paying for things like schools, hospitals, and roads, but before paying interest on existing debt. A positive number (like...
New data from DebtBusters’ Debt Index (Q1 2026) shows debt is no longer a problem just for lower-income households. Among high earners — those taking home more than R50,000 per month — debt service already consumes 101% of take-home pay, with a debt-to-income ratio...
. Inflation at 4% means prices for everyday goods and services are, on average, 4% higher than a year ago. For most households, this feels like things are getting more expensive, even if your salary hasn’t kept up yet. Here’s how to think about it in plain language...
What this is in simple terms Home building insurance covers the actual house—the brick-and-mortar parts like walls, roof, foundation, and fixed fittings. Banks usually want you to have it if you have a bond, so there’s money to rebuild if something bad happens....