Show Article with tag "cost of living"

How Households Are Coping With Constant Price Increases The rising cost of living is a pressing issue affecting households globally, and South Africa is no exception. With constant price increases in essential goods and services, families are adapting in innovative ways to keep their budgets in check. This blog post explores how South African households […]

How Income Survival Has Changed for South Africans In recent years, the economic landscape of South Africa has undergone significant transformation, impacting how residents approach their income survival. The interplay between rising costs of living, fluctuating job markets, and the advent of technology has created a unique set of challenges and opportunities. Understanding these changes […]

What It Really Takes to Stay Financially Afloat Today In the ever-shifting landscape of personal finance, staying financially afloat is more crucial than ever. With rising living costs, fluctuating job markets, and the impact of global events like the COVID-19 pandemic, many South Africans are navigating a complex financial environment. This blog post will explore […]

How People Are Adapting When Salaries No Longer Stretch In recent years, many South Africans have faced a challenging economic landscape where salaries no longer stretch as far as they used to. According to a 2022 report by Stats SA, the cost of living has surged while wage growth has stagnated, leaving households grappling with […]

What to Do When Life Expenses Keep Increasing In today’s fast-paced world, the pressure of rising living costs can feel overwhelming. From soaring grocery prices to increasing utility bills, many South Africans are finding it challenging to manage their finances. If you’re in a similar boat, you’re not alone. According to Statistics South Africa, the […]

Why Side Income Is No Longer Optional in South Africa In the current economic landscape of South Africa, the phrase “side income” has transitioned from being a mere buzzword to a crucial necessity for many households. With rising living costs, fluctuating job security, and an increasingly competitive job market, relying solely on a primary income […]

Things No One Tells You About Being Poor in South Africa Living in South Africa, a country known for its stunning landscapes and rich cultural diversity, comes with its own set of challenges. One of the least discussed aspects of life here is the experience of poverty. While the statistics paint a grim picture—over 55% […]

How South Africans Are Adjusting to Higher Food Prices The rising cost of living, particularly in terms of grocery prices, has become a pressing issue for many South Africans. As food prices continue to soar, families across the nation are implementing various strategies to mitigate the impact on their budgets. In this blog post, we […]

Best Ways to Protect Your Savings Against Inflation in South Africa Inflation can significantly erode the value of your hard-earned savings. As the cost of living continues to rise in South Africa, protecting your savings against inflation has become a pressing concern for many. Understanding the best strategies to secure your financial future is crucial. […]

How Rising Living Costs Affect Retirement Planning in SA The landscape of retirement planning in South Africa is constantly evolving, especially in light of recent economic challenges. With the cost of living on the rise, many South Africans are finding it increasingly difficult to save adequately for their retirement. This blog post explores how these […]

What the 2025 Medium-Term Budget Policy Means for Your Taxes and Cost of Living The South African economy is at a pivotal moment, and the 2025 Medium-Term Budget Policy (MTBP) is set to reshape the financial landscape for citizens and businesses alike. With rising inflation rates and increasing living costs, understanding the implications of this […]

How to Reduce Your Debt-to-Income Ratio in South Africa The debt-to-income ratio (DTI) is a crucial metric in personal finance, particularly for South Africans navigating the challenges of borrowing and repayments. Understanding how to effectively manage and reduce your DTI can significantly improve your financial health, enabling you to secure loans, reduce interest rates, and […]

Finance Tips for Retirees in South Africa 2025 As the landscape of retirement evolves, it’s essential for retirees in South Africa to stay informed about managing their finances effectively. With increasing life expectancies and fluctuating economic conditions, retirees must adopt savvy finance strategies to ensure financial stability and peace of mind. Here, we explore crucial […]

Hidden Costs of Buying Property in South Africa (2025 Update) Buying property in South Africa is an exciting venture, but it can also be riddled with unforeseen expenses that can catch even the most diligent buyer off guard. While many people are aware of the regular costs associated with purchasing a home—such as the purchase […]