As the cost of living continues to soar, the biggest financial mistake you can make is failing to acknowledge that you might be at risk of becoming over-indebted.
So says the Association for Savings and Investment South Africa’s Deputy Chief Executive Officer Peter Dempsey.
Scroll down for quotes from the audio below.
Start off by drawing up a budget.— Peter Dempsey, Asisa
There’s something funny that’s not so funny about too much month at the end of your money!— Peter Dempsey, Asisa
Try and earn some extra money.— Peter Dempsey, Asisa
Try to sell some unwanted assets.— Peter Dempsey, Asisa
Do you have to buy a new car every two years?— Peter Dempsey, Asisa
Save and spend what’s left as opposed to spending and saving what’s left.— Peter Dempsey, Asisa
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Business Day financial journalist Warren Thompson.
Bruce Whitfield asks Galileo Capital Financial Advisor Warren Ingram about the cost of educating a child overseas.
It will pay R16 billion to outright own Morocco’s Saham Finances SA. Bruce Whitfield interviews Sanlam Group CEO, Ian Kirk.
It’s not the beginning of the end of Tencent, says portfolio manager Francois Strydom, despite it losing R3.2 trillion in value.
New property owners can now be held liable for municipal debts dating back three decades. Fair Credit's Stephen Logan explains...
BBC World News journalist, Lerato Mbele-Roberts shares a personal story of her experience at her Alma Mater (St Mary's School).
On the #WeekendBreakfast with Africa Melane, Zolani Mahola of Freshlyground tells us all about her first solo project.
The South African Weather Service is predicting some much-needed rain over some parts of South Africa over the weekend.
Private eye Paul O'Sullivan says the Sunday Times was an integral part of state capture and needs to come clean or face a boycott.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.
Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.