New research reveals 48% of South Africans over 45 earning R20,000+ spend nearly half their income on debt, impacting their health, work, and family. Experts share strategic ways to regain control before retirement. Image: File
The 2025 DebtBusters Money-Stress Tracker reveals that South Africans over the age of 45, earning more than R20 000 a month, are facing a growing debt crisis. These individuals are now among the most financially stressed in the country, with 48% spending nearly half of their take-home pay on debt repayments. However, it’s possible to regain control of your finances and secure a stable future with strategic action and a clear understanding of your financial position.
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