Rising inflation, high interest rates, and skyrocketing costs of essentials like food and electricity are stretching household budgets thin this new year. Annaline van der Poel, Chief Operating Officer of Debt Rescue, joined Heart 104.9 FM to share eye-opening statistics regarding their Januworry Survey and actionable advice on managing debt in these trying times.
Debt Reality
In the interview, Annaline shares the reality: 64% of South Africans have no savings and are relying on credit just to make ends meet. She also explains the risks of cutting back on necessities, the ripple effects of festive season overspending, and how January’s financial pressures linger for months.
Smarter Budgeting
Most importantly, she shares practical steps families can take to regain control, from smarter budgeting to seeking professional debt counselling.
Catch the full interview here!
