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Personnel power
Pelesa Khashane, owner of Agile Machete, speaks about the challenges of recruiting and job placement.Question
How to consolidate debts and how to save
Answer
In any client's situation where they want to consolidate, it is necessary for you to consolidate not to be able to spend on accounts again but to save in interest. When you consolidate, the amount you pay per month is normally lower but the idea of consolidation is that you continue with your normal payment as if you did not consolidate (or as close to that payment as possible) and pay off your debt quicker. Then you can start saving and saving is only possible when one limits your expenses with a budget.
- Charné van der Walt
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Charné van der Walt is currently away and will be back to answer your questions on 17 August 2008.
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