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Our Editor’s Note

Well, we are back to level 4. That’s serious. The 3rd wave has been as bad as was predicted and our condolences go out to all those who have lost someone close to them.

Level 4 brings with it additional challenges for businesses and workers trying to make enough to get by. And can you imagine how hard it is to look for work right now? Younger people certainly can. Stats show that nearly 75% of younger people are sitting at home unemployed. It is an unemployment “pandemic” of sorts affecting households countrywide. Worrying about work and money can be really stressful and bad for your emotional health. This is something we take a look at this issue.

‘nearly 75% of younger people are sitting at home unemployed. It is an unemployment “pandemic” of sorts’

Now, most of us will say that us South Africans are tough. We can take it. We are used to things like being treated unfairly, fighting an uphill battle, dealing with crime. In SA crime is everywhere. You can get mugged in the street or it can even be delivered straight to your house kind of like Uber Eats.

POPI

With the PoPI Act coming into full force this coming month have some great tips for you in this issue. In fact, we would talk more about it but two young South Africans have run off with a mountain of investors’ money so, we had to tell you all about that. This is big. Really big! Almost bigger than the Constitutional Court finding the Ex-President in contempt of court big. Stealing R54 Billion makes a lot of things seem small by comparison.

‘Stealing R54 Billion makes a lot of things seem small by comparison’

That said, we do also have tips, interviews, advice, updates and more in the issue – plenty to inform and educate you about what is going on.

You Can Do It!

It makes sense that when times are tough and things get out of hand there has to be a proportional response. Like a spike in Covid cases and a level 4 lockdown. Or like if your debt gets totally out of hand then debt review is a suitable response. But don’t worry, SA can handle level 4. You can too. You did it before. You are tough.  So, stay strong. Stay safe and don’t give up on your journey to become debt free.

 

 

This article first appeared in Debtfree Magazine issue #6 of 2021