Pensioner Still with Debt? Reduce It On a Pension Income

Pensioner Still with Debt? Reduce It On a Pension Income

Statistically, one in three South Africans retirees have no retirement plan and will still be in debt upon retirement, forced to use a portion of their pension to pay back previous debts. While reducing debt as much as possible before pension age is advisable and...
3 Steps to Reducing Debt if You’re Nearing Retirement

3 Steps to Reducing Debt if You’re Nearing Retirement

Should you put extra money towards paying off debt or saving for retirement? The biggest challenge is to do both well enough, reducing debt as much as possible while moving towards pension age. Here is how to find that balance ahead of retirement. Retiring with debt...
Five Worst Types of Debt to Avoid if You Can

Five Worst Types of Debt to Avoid if You Can

There are times when you feel that borrowing money and taking out a loan is the only valid option, but it doesn’t have to be this way. Here are some of the worst types of debt to avoid from the various types of debt funding your daily needs. Credit card debt The...
Talking about Debt with Family and Friends

Talking about Debt with Family and Friends

Talking about debt with your partner, spouse, children or other family members is a difficult thing to do. Still, it can be a liberating and highly productive step to confront debt guilt and shame and work together towards finding a solution. Here’s how to get...
How to Overcome Shame and Guilt When You’re in Debt

How to Overcome Shame and Guilt When You’re in Debt

It’s completely normal to feel overwhelmed and confused about debt, but incurring more debt when you’re already in a tight financial spot doesn’t have to be shameful. Here is how to lose the guilt and take control over your debt. Stop the debt cycle...
Which Different Types of Debt Can Be Consolidated?

Which Different Types of Debt Can Be Consolidated?

Taking control over your debt gets easier once you understand the different types of debt and learn to prioritise paying them off. This blog explains various types of debt, the worst types of debt, and which debts can be consolidated when undergoing debt counselling....
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