Money Makeover podcast: How to manage your money when life happens

The topic for this City Press/Absa Money Makeover podcast could not be more relevant given the financial stress so many households are feeling amid the Covid-19 crisis.
The topic for this City Press/Absa Money Makeover podcast could not be more relevant given the financial stress so many households are feeling amid the Covid-19 crisis.

The topic for this City Press/Absa Money Makeover podcast could not be more relevant given the financial stress so many households are feeling amid the Covid-19 coronavirus crisis.

Falling into a debt trap is often due to a change in personal circumstances rather than living a flashy lifestyle. But it is how you respond to the crisis that will determine how quickly you can recover.

Maya and Mapalo chat to Money Makeover candidate Peter and his wife Helen about how they found themselves sliding slowly into a debt trap as they used their credit card to get by.

They also chat to Absa financial adviser Leighanne Decker about the advice she has given the couple and the options available to them to settle their debt.

In the second part of the podcast we hear from candidate Mishack and his Absa adviser Johan Frouws, as well as tips on what to do if you are retrenched.

Latest issue

July 2020

Latest issue
All the news from City Press.
Read now
Voting Booth
South African truck drivers have threatened to not return to work and instead allow foreign nationals to be at the forefront of the trucking industry should employers continue with their preferential hiring tendencies/ if things don’t change.
Please select an option Oops! Something went wrong, please try again later.
Results
Agree. Put SA first
50% - 152 votes
Foreigners have rights
17% - 52 votes
It smacks of Xenophobia
33% - 100 votes
Vote