We often have the feeling that money is disappearing into a void. It is. And you can put a stop to it.
The onus is on parents to empower and educate their children about money, says Fin24 debt expert Moeshfieka Botha.
A drop in civil summonses issued for debt in the past year reveals a positive sign for over-indebted consumers in South Africa.
Despite trying debt management and voluntary sequestration, this Fin24 user had to take matters into his own hands to take control of his debt... read more
Many people struggle with debt, but few would admit that it was their own false perception of wealth that landed them in the debt trap.
A Fin24 user who in sheer desperation turned to a community loan shark, opens her heart to other South Africans, warning them against following her example. WATCH.
SA's net debt as a percentage of GDP has grown from 21.8% at the start of the financial crisis in 2008/09 to 40.8% in 2014/15, Finance Minister Nhlanhla Nene says.