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
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