SA’s debt crisis shows why maths literacy matters
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Times are tough financially – with the latest Gulf war making a bad situation worse – but there are worrying signs that South Africans are not careful enough with their money and getting themselves into horrific debt spirals.
It is incredible to think – as DebtBusters says in its latest analysis of consumer debt – that the country’s top earners, taking home more than R50 000 a month, needed 101% of their salary to service debt, while their debt-to-income ratio i
It is incredible to think – as DebtBusters says in its latest analysis of consumer debt – that the country’s top earners, taking home more than R50 000 a month, needed 101% of their salary to service debt, while their debt-to-income ratio i
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