Spring clean your finances: smart credit moves for a brighter future

EVER felt like your finances are stuck in a perpetual winter, battling the chill of rising costs and the gloom of debt? You're not alone.

- SIKHULULE MABECE

But as South Africa starts to feel the vibrant energy of spring, it's time to ask: what if this season could be the turning point for your financial health?

Spring isn't just about warmer weather and blooming flowers; it’s a powerful invitation to shed the old, cultivate the new, and revitalise your financial landscape. Think of it as your personal financial spring clean - a chance to clear out the lingering “winter debt” and plant the seeds for better credit habits that will flourish all the way to year-end and beyond.

Navigating South Africa’s shifting economic dynamics

The first half of 2025 has presented a complex economic picture. While the South African Reserve Bank (SARB) recently offered a welcome breath of fresh air with a 25-basis point policy rate reduction, the reality for household budgets remains tight. Municipal tariff hikes, including electricity increases from July, and the fuel levy increase in June, continue to test our financial resilience.