When you have finally succumbed to the fact that you are over your head in debt and cannot cope any further. Here is a way forward which will help to soften the blow. Step one – Open the envelope ...
That little loan can dig a huge hole for you….
Unsecured lending seems to be a quick and easy way out of a financial crisis but it’s probably a spade which digs a bigger hole for you. The old saying, “If you find yourself in a hole, the first thing you should do is stop digging”, is so applicable to debt. My wife...
Avoid your own personal downgrade…..
South Africa is being reviewed this week by Moody’s rating agency which has a negative outlook on our economy. The probable downgrade to BAA3 will bring it inline with Standard and Poors and Fitch which have already downgraded us to their equivalent BBB-. The next...
Don’t leave the kids stranded! Check your will….
Dying without a will has some serious implications for the loved ones that you leave behind. Especially if they are minors under the age of 18.. Many South Africans do not have a will and this means that their estates will fall under the Interstate Succession Act. The...