Don’t get too excited though. Last Wednesday, Finance Minister Malusi Gigaba delivered Budget Speech 2018 during which he warned that South Africans will feel the pain of the tough budget. He announced many increases and most concerning was the 1% increase in VAT which means we will be paying more to buy goods and services. If you missed the speech or found it all a bit too confusing, we’ve broken it down into the bare basics in Budget Speech 2018 – In A Nutshell.
Now is a good time to go over your household budget to see where can cut some spending or save money. But if you’re finding that there’s no more room to move, we recommend that you talk to a Credit Rescue Consultant. Let’s look at how we can ease your debt repayment and loosen up some much-needed cash.
Request a FREE callback and one of our qualified counsellors will call you.