by Keely Goodall
South Africans are enjoying a petrol price respite, but it is sadly not enough to save us from festive season economic struggles.
Clarence Ford speaks with Annaline van der Poel, the COO of Debt Rescue
The rising cost of food, electricity, and interest rates have pushed South Africans to their absolute limit.
While we might have a little relief in the petrol department, especially after substantial increases since February, it is just one of our many stresses.
With the festive season right around the corner, things are looking a little bit bleak and expensive.
So many consumers have even begun to rely heavily on credit cards to be able to muster up some kind of a celebration.
Van der Poel says this has been an incredibly tough year for South Africans and this change in the petrol price is really too little too late.
To survive this tough season, she says that you really need to plan your festive spending carefully, particularly on Black Friday.
One saving tip she gives is using Black Friday specials to buy necessities rather than luxuries.
For example, you could use this to stock up on products that you need with good shelf lives.
In addition to this you could opt for a secret Santa this Christmas instead of getting presents for the whole family.
If you do still end up overspend despite your best efforts, Van der Poel says you should look into debt counselling or debt rescue to get you back on track.
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