Should I consolidate my debt?
Consolidating debt sounds like a good idea, but how do you know whether it is the right decision for you? Phumelele outlines what you must consider to make the right decision.
An easy way to save for your children’s university education
The number one priority for our youth is getting a good education and studying to become professionals in the area of their choice. But only 5.8% of Black parents can afford university fees.
Phumelele tells you how to save.
Why do we need Savings Month?
The household savings rate is quoted at 1.1% and debt as a percentage of disposable income is 76.6%. This means that we have so much debt that we are spending over three-quarters of our salaries to pay off debt!
The difference between savings and investments
Phumelele explains the difference between savings and investments and asks whether you have taken advantage of tax-free savings.
Mothers & black tax
Phumelele tackles the thorny topic of ‘black tax’.