South Africans earning over R20k a month face the greatest debt repayment pressure
DebtBusters’ Money-Stress Tracker is one of South Africa’s largest assessments of how financial stress affects people’s home life, work life, and health.
These include feeling financial stress, feeling home life stress, spending more than 40% of income on debt repayments, and feeling stuck.
More South Africans are coming under increasing financial pressure as the rising cost of living continues to outpace household incomes, forcing many families to make difficult choices about how they spend, save and manage debt.
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