The end of the month is usually both an exciting and daunting time for many South Africans. It’s a time when salaries are paid for the working class and also the time when debit orders go off.
There are those debt orders many people dread seeing go off, some of which are as a result of poor financial decisions.It’s that emergency temporary loan, that revolving loan facility, that clothing account you used for the kid’s uniform in January, or those split-second decision purchases that you regret making.
It’s usually the reason many South Africans have cash flow problems, where they find themselves with almost nothing, a few days after pay day.
Thomas and Skhumba asked Kaya 959 listeners what those debt orders are for them, the ones that keep them up at night.
My bond debit. I know it’s for good. But it’s been 5 years now and I feel like crying every month. Especially when I see I haven’t done anything on the price😭😭😭😭
— MK (@Khethy) October 6, 2021
Listen to some of the comments here: