The festive season, once a time of joy and connection, has been overshadowed by financial struggles for many South Africans.
According to Debt Rescue’s latest Festive survey, 68% of households skipped holiday travel, while 62% blamed unaffordable fuel prices. Even cherished traditions like gift-giving were sacrificed, with 71% of respondents indicating they could not afford presents.
“When the majority of the nation is unable to afford to exchange gifts during this season of giving, we need to sit up and take notice,” said Debt Rescue CEO Neil Roets.
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