Needing to borrow money? Four tips on what’s okay and what’s not

Needing to borrow money? Four tips on what’s okay and what’s not

By Bomikazi Zeka, University of Canberra It’s a financially challenging time for most households. With interest rates rising, many are spending even more money on debt repayments or taking out loans to help make ends meet. A report released recently in South Africa, compiled by one of the country’s biggest banks, found that 42% of South Africans, across various income levels, cannot manage their debt. This indebtedness has caused […]

December 14, 2023 6

Namibia

How to talk to your family about money

By Mauriza Fredericks, Group Brand Manager, Old Mutual Namibia Money is a subject that often stirs unease, even within family circles. However, open and honest discussions about finances are indispensable for fostering trust and ensuring financial stability. In Namibia, where family bonds hold great significance, it's crucial to approach these conversations with sensitivity. This article delves into the art of conversing about money with three essential family groups: spouses, children, […]

December 4, 2023 26