Finance · South Africa
Smart Debt and Savings Tips for South Africans in 2026
Moneyweb · 2026/01/22
Summary
Adriaan Pask, the Chief Investment Officer at PSG Wealth, advises South Africans not to rush into paying off all their credit card debt immediately. Instead, he recommends treating debt repayment as a long-term project throughout the year 2026. This approach helps individuals manage their finances more effectively without causing unnecessary stress. Pask also highlights the importance of having emergency funds to cover unexpected expenses, which can prevent further debt accumulation. Additionally, planning for retirement should remain a priority, ensuring a secure financial future despite current economic challenges. Balancing debt management, saving for emergencies, and retirement planning is crucial for financial stability.
OnABudget takeaway: Managing debt slowly over time can reduce financial stress and help you stay on track. Building emergency savings protects against surprises, while ongoing retirement planning secures your future.