Tips for financial streamlining during an economic downturn

As the economy continues its downward spiral and job losses remain on the rise, many institutions are offering various types of debt relief to those affected by the COVID-19 pandemic. While it may be tempting to have a break from some of your monthly expenses, especially when the future is uncertain, it’s not always the best solution to put payments on hold – unless you absolutely have to. Let’s examine the important considerations.

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For official Government information about COVID-19, please visit www.sacoronavirus.co.za.