Tag - budget

Become your own debt reviewer

By Wikus Olivier, debt expert at DebtSafe Debt is an issue that most South Africans unfortunately find themselves facing for most of their adult lives. Every individual deals with different forms and scales of debt, but for some, their debt spirals out of control. This is when a professional debt review service, such as DebtSafe, comes into play...

Feeling the squeeze

I recently undertook an exercise to see how much my monthly bills had gone up over the last few years and was shocked to discover that our household was spending nearly double on groceries than we had four years ago. At first I was in denial – I thought I had simply lost control of our food budget and was clearly spending too much on luxuries. So...

The tax relief farce

Each year I get particularly annoyed about the falsehood that we receive a “tax relief” – as if Minister Gordhan managed to eke out some extra money for cash-strapped taxpayers. So let’s put it in perspective. Based on last year’s personal tax revenue of R308bn, if all taxpayers received an inflation-adjusted increase of 7% this year, then tax...