Since the start of the financial crisis, which forced banks to shrink their balance sheets, there've been predictions of the development of a private debt market to plug the financing gap for the private equity industry. Financial advisors are now saying that UK investors would benefit from a private debt market and that private debt is reaching its peak in India. But what does this mean for inves... ››› more
Debt collectors are so intimidating; thousands of people in Britain are choosing suicide rather than facing them. Taking the steps to clear your debt or approach a debt counsellor isn't an easy one, but it'll set you on the right path to clearing your debt. And if times are tight, you don't have to resort to the loan sharks. There are ten easier ways to handle your debt. Durban debt counsellors ar... ››› more
Annual pay rises aren't what they used to be. That's why most of us have to make a decision between investing your money or using it to get out of debt. You're probably wondering which one should you concentrate on. Here's the answer… It’s almost impossible to live debt-free. Whether it’s your bond, car finance, a university loan, credit card or retail store account, you have debt. It’s on... ››› more
The lower the interest rates are, the more we borrow. But it's easy to cross the line and take on too much, landing you with unmanageable levels of debt. This doesn't just affect your finances, as UK studies now show a link between levels of indebtedness and stress and depression, which often leads to death! But we have an easy way to prevent you from getting too deep into debt … John Loos of FN... ››› more
January's known as the longest month of the year, money-wise. Many of us struggle to make our December pay last to the end of the month as we grow budget blinkers and buy everything in sight. Then the reality of the new year sets in and we struggle to make ends meet. But getting further into debt is not the way to go … and you don't have to cut up your credit cards! We have six easy ways for you... ››› more
South Africans have coined the term “Jan you worry” for the month of January. Not surprising when you consider that January is the most difficult month financially. People struggle to make ends meet, having blown their budgets during the festive season. Here's how you can reduce your worries now by getting rid of debt and get into the habit of saving. Recent data from the Reserve Bank states t... ››› more
It's the start of a new year. Time to check your budget to look for thing you can save money on so you can grow richer this year. This includes finding unique ways to save money and get out of debt like this…
Fast track your road to riches by paying off your debts faster with this secret
Let’s say you owe R200,000 on your car and R25,000 in credit card, store card and personal loans. At th... ››› more
The festive season is just behind us, and many are already struggling to make ends meet. Clayton Barnes of IOL reports that if you blew your Christmas bonus, you're in danger of falling behind on your debt repayments. But debt counsellors and consumer forums have warned cash-strapped South Africans not to seek more credit. You can avoid this by dealing with your festive debt hangover effectively a... ››› more
Just like alcoholism, debt is an addiction. Although it doesn't take a 12-step plan to get over this problem, it's vital to take the necessary steps for getting out and staying out of debt before you join the 9.05 million consumers in South African drowning in debt. Read on to discover if you're triggering these debt problem warning signs and the steps you can take to get rid debt this year.
I... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.