A real debt story from a reader which started when she agreed to lend money to friends! Unedited How I got into debt So the year was 2017 (I was 23 years old at the time), in April my 2…

Learn how to pay off debt, irrespective of your income.
Debt is something that most people have, but nobody actually wants.
You probably have some debt – and that’s fine. We borrow from our future selves to live the life we want – now, including having a roof over our heads. Sometimes it’s unavoidable although most times it really is.
But, debt is bad – this is fairly obvious.
Debt used for buying a house is generally considered “good debt” but it’s not always the case. It really depends on whether you can afford to pay off your debt and manage it. A lot also depend son your overall finances and your relationship with money.
This is a collection of posts on how to pay off debt, create a budget and spending plan, and manage your finances better. Declare war on debt.
A great post to start with is Tumi’s debt story. See how she recovered from R172k worth of consumer debt!
Be sure to look at my post on How to pay off debt
A real debt story from a reader which started when she agreed to lend money to friends! Unedited How I got into debt So the year was 2017 (I was 23 years old at the time), in April my 2…
Read Tumi's debt story of how she got into 172k of consumer debt, her stress, and how she has now almost finished paying it off
I was recently asked about my debt story and what the actual turning point for me was. It was hard to think about as it's an area of my life that I've kind of pushed to the far corners of…
We all love the convenience of credit cards but they're so easy to misuse and one can quickly end up in a terrible debt situation! Take a look at these warning signs of credit card overuse, and think about them…
Is it better to save money or pay off debt? Debt is obviously expensive, but there is a great argument to be had to start an emergency fund
There are so many fees, taxes and costs involved when purchasing a property that it comes as a relief when the bank offers to add the home loan initiation fee on to the loan so that you don't have to…
Credit cards are dangerous things as they make it far too easy to buy stuff that you don't actually have money for! And what's worse is that the credit cards are marketed as giving you freedom, giving you things that…
In last weeks radio interview discussing why people get into debt, I was asked about good debt. What is good debt and is it okay to have it? It's a question I often get asked and hence I decided to write…
It's not uncommon to feel broke - I wish I had real statistics on this but I'm sure if you asked around your office or college you'd probably find lots (if not most) people saying that they're broke. Everyone obviously…
Spiralling debt can easily happen as one small thing leads to the next and you slowly but surely get wound up in more and more debt. Enough to eventually pull you down like a whirlpool. I've been thinking about it…
I was wondering today whether my strategy of paying off my home loan early instead of investing is indeed the best. You know, pay home loan or invest? There are so many things to consider and I sometimes relook at…
Owning a place that you can call home is really awesome, but having to pay for it over 20 - 30 years is absolutely dreadful! It's like having a noose around your neck; just one mishap and bang - the bank…