The average middle-class South African has run out of runway, having already depleted savings and now tapping into whatever credit facilities they may have.
Tag - financial choices
Ten years from now, your social capital will be more valuable than the stuff you own or the car you drive.
Almost all applicants for the City Press/Absa Money Makeover competition stated that their biggest financial mistake was buying a new car.
Money can fulfill us or just fill our homes. Recently, as the fires raged in the mountains above our home in Hout Bay, I had that moment of complete clarity about the meaning of money, relationships and what really matters in my life. When we received the message that our area had been put on red alert, I had to think about what I would take with...