The rising cost of living has wreaked havoc on many South Africans' wallets, and citizens have shared how they're forced to adapt just to get by every month.
South Africans have shared how they are struggling to stay afloat as the cost of living cripples their wallets. Image: andresr/ Javier GhersiWith the country’s economic growth described as sluggish and the rising food and fuel prices, many South Africans can no longer afford to lead theWhile South Africans from all walks of life struggle to keep afloat of rising costs, single parents are feeling it more.Briefly News Needs Your Help! Take our Survey Now and See Improvements at Briefly.co.
“I've always prioritized my kids' education and don't compromise when it comes to their school fees. To help cut costs, I pay the school during the first term, as their school offers a discount for payments made before March,” she said.“As a mother of two, I'm literally living from hand to mouth. My income is insufficient, barely covering my necessities. I've had to make significant cuts, including luxuries like entertainment for my kids and myself.
“The rise in credit card dependency is deeply concerning and mirrors the financial struggles that many South Africans are currently facing."It's crucial for individuals to recognise that there are steps they can take to regain control of their finances and break free from the cycle of debt,” Alexanderson said.Byron Pillay is a Current Affairs Editor at Briefly News. He received a Diploma in Journalism from the Caxton Cadet School.
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