INSIDE YOUR POCKET: 78% of respondents who said they feel money-stress DebtBusters’ survey

Loading player...
GUEST – Amelia de Milander - Marketing Manager at DebtBusters

Increased money stress severely impacting SA’s home, work life and health Three out of four South Africans feel money-stress, more than last year, with particularly women admitting to the effects of financial stress at home and work and on their health. Lower-income earners are the most stressed, while those who earn more have high levels of unsustainable debt. These are some of the findings from DebtBusters’ second annual Money Stress Tracker, one of the largest surveys about how financial stress affects other aspects of South African’s lives.

There were over 35 000 respondents to the online 2023 survey, conducted among a representative sample of South African consumers who are currently not in debt counselling. Of the 78% of respondents who said they feel money-stress (up from 70% in 2022), 94% said it was impacting their home life, 78% their work life and 77% believed it was affecting their health - a clear indication that money stress results in other types of stress. Short-term concerns continue to be the main reason for this stress. Half the respondents said running out of money before the month-end was their main worry. As one put it: “There’s more month than money
20 Jul 2023 5PM English South Africa Business News · Investing

Other recent episodes

Gautrain at 16: Inside SA’s Most Successful Transport PPP

Gautrain Management Agency CEO Tshepo Kgobe joins us in studio to reflect on 16 years of the rapid rail system that has carried more than 216 million passengers. We go beyond the milestone to unpack operational excellence, affordability, and the future of Gauteng mobility. A deep dive into what it…
24 Jun 4PM 24 min

Building a Business in the Taxi Economy: The Auto Konek Story

Auto Konek founder Siphiwe Dlamini shares his entrepreneurial journey from humble beginnings to becoming a trusted service provider in the taxi and commercial vehicle sector. We explore how he broke into a notoriously tough market, the operational realities of supporting taxi owners, the cost pressures operators face, and the lessons…
24 Jun 4PM 14 min

Construction at a Turning Point: What the ACI Reveals About SA’s Economy

Economist Dr Roelof Botha unpacks the latest Afrimat Construction Index, which shows a marginal 0.3% year‑on‑year rise — but with deeper signals of stabilisation in non‑residential buildings and construction works. We discuss employment resilience, tender activity surges, pressure points in materials and hardware, and what the data says about capital…
24 Jun 4PM 14 min

SA’s Car Market in Digital: Prices, Choices & Value

Cars.co.za’s Alan Quinn unpacks the digital trends shaping South Africa’s car market — from value migration and tax‑driven pricing distortions to the rise of Chinese and Indian brands. We explore what consumers really need to know when navigating one of the most complex buying environments in years.
23 Jun 4PM 12 min

Millennials & Gen Z Rewrite SA’s Vehicle Market

Absa’s Fulufhelo Mandane reveals new data showing a surge in new‑car purchases among young South Africans, despite affordability pressures. We explore shifting preferences, longer repayment terms, and the rise of value‑driven models reshaping the future of SA’s vehicle market.
23 Jun 4PM 17 min