Reading Time: < 1 minute Free Industry Workshop Debtfree Magazine are hosting a free workshop on Zoom for new Debt Counsellors and Debt Counsellors with under 300 clients who want to grow their client numbers. Although many millions of South Africans have runaway debt, only 12 000 people sign up for debt counselling each month. This means that Debt Counsellors often have to try convince consumers to take positive steps to get out of debt (instead of just taking on more debt). But how do you have those conversations? This will be the topic of the workshop this week as we ..read more

Reading Time: 2 minutes Luno, the cryptocurrency investment app, has secured its Financial Services Provider licence Registering with the FSCA Luno, who are self described as the world’s ‘biggest’ cryptocurrency trading company, has secured its Financial Services Provider licence from the Financial Services Conduct Authority (FSCA) in South Africa (regulated under the FAIS Act). ‘Investing in crypto can be risky’ Investing in crypto can be risky. There are and have been many scams out there, and if things go wrong, you might not get your money back. Unlike when you get scammed at regular ..read more

Reading Time: < 1 minute The post Coming Soon… first appeared on Debtfree Magazine ..read more

Reading Time: < 1 minute African Bank Settling Debts Back in 2014, after some reports of reckless lending and the sudden exit of senior management, African Bank collapsed. In the process of rescuing the sinking ship, the bank was split into “old” African Bank also called Residual Debt Service Limited and “new” African bank (which had the same branding, same offices, same staff). Most of the good debts that people were actually paying each month were moved to the “new” African Bank, leaving RDS with some of the less reliable and bad debts. At the time, RDS set aside R500 million as insuran ..read more

Reading Time: 2 minutes Free Industry Workshop Debtfree Magazine are once again hosting a free online workshop for new Debt Counsellors and Debt Counsellors with under 300 clients who want to grow their client numbers. 30 Min To Help Get New Clients Most Debt Counsellors find it hard to get enough clients to help each month. There are many reasons for this above and beyond competition and people’s tendency to avoid dealing with their debt.  The upcoming workshop covers what can be done to reassure potential clients that they are making a wise choice by deciding on entering debt revie ..read more

Reading Time: < 1 minute The post Read Debtfree Magazine Now first appeared on Debtfree Magazine ..read more

Reading Time: 3 minutes Top Tips Amidst the current financial pressure, it’s essential to stretch every rand when hitting the shops. But retailers and grocery stores want you to spend lots with them. How do you visit the shops without breaking the bank? Here’s some top tips on how you can shop smarter and spend less: Hunt for the Best Deals Ignore brands and focus on where you’ll find the best prices. Keep tabs on specials and discounts across different stores. Farmers Markets and Discounts Check out farmers’ markets or local food markets for end of day discounts. Look out for markdowns ..read more

Reading Time: 2 minutes Get Savvy & Save How and what you eat can also impact a lot on how much you spend on food. Check out these 6 savvy eating strategies. Simplify Suppers Opt for smaller, simpler meals. This will help you to not only save money but also time. Embrace Meat Free Meals Meat is one of the more costly food stuffs. So, try to incorporate some meatless options to cut down on expenses. Pizza night anyone? Soup and Rolls? Yum! There are many great products out there that are both tasty, and affordable (like AFOODABLES) Minimize Food Waste Prioritize consuming items fr ..read more

Reading Time: 2 minutes Editor's Note They say, no plan survives the start of a battle*. And getting rid of debt, is a real battle, no lie! Most people live their entire adult lives locked in debt, with little to no hope of escaping. As a result, they are forced to sell their future to pay for their past and can get caught in a downward spiralling journey into more and more debt. To break out of that trap is hard. The entire system around us seems designed to get us into debt (for housing, for education, for food). How do you become debt free and stay debt free? It takes hard work, and most ..read more

Reading Time: < 1 minute Partner Content Discover how debt review can save you up to 55% on interest and fees with one monthly payment. DEBT REVIEW IS ALL ABOUT TRUST We have assisted over 4,000 clients in South Africa in restructuring their debt. We manage R16 million in monthly payments for our clients’ debt. We have a 4.9-star rating on Hello Peter with over 200 reviews. We are rated as the #1 Debt Consolidation company by DCReviews.co.za. The post Reduce, Simplify & Conquer Debt first appeared on Debtfree Magazine ..read more