DF Issue 201811 FINAL IDM (002)

SOUTH AFRICA’S DEBT COUNSELLING MAGAZINE
HOW
COMMITTED
ARE YOU TO
THE PROCESS?
November 2018
www.debtfreedigi.co.za

5

FROM THE
IDM DESK
MAKE SURE YOUR FINANCES SUR
The silly season has officially
started where consumers are
bombarded by the frenzy of Festive
Season offers “special deals”
and “discounts” – unwelcome
temptations after a not so great
year as far as the average South
African’s personal finances are
concerned.
Since we’ve started assisting overindebted
clients – 11 years now –
we’ve seen the same trend. Our
busiest time of the year is usually
January to April as consumers are
finally forced to face the reality of
their compulsive buys and financial
situation in the new year.
But this year could be even worse
as South Africans have been dealt
a rough set of cards with news of
South Africa’s recessional economic
state breaking, as well as the VAT
increase and various fuel price
hikes.
Our two debt counselling entities
that form part of the IDM Group,
DebtBusters and Consumer Debt
Help, have already seen an earlier
spike in debt management enquiries
– since September this year, and it’s
not predicting a great 2019 at all.

VIVE THE SILLY SEASON
We cannot emphasise it enough
that consumers should avoid being
sucked into the commercial Festive
Season hype. Make wise purchasing
decisions in these tough financial
times.
Buying items on credit can be
dangerous because if you can’t
afford to pay the minimum instalment
each month, the deficit will continue
to grow and the consumer will end
up owing more and more.
It is particularly tempting to buy
on credit this time of year, with
consumers being met with festive
advertising campaigns in just about
every direction they turn and a
general spirit of consumerism in the
air.
Instead of splurging on items simply
because they are on sale, be strategic
about purchasing decisions and only
buy items that you really need, can
realistically afford, and have been
saving up for.
With all of that said, we would like
to wish all our clients a joyful Festive
Season. Thank you for allowing us to
assist you in your journey to financial
freedom. We are looking forward to
doing so again in the coming year.

How many times have you told
yourself that when summer
arrives this year you are not
going to make the same winter
mistakes you did last time. You
tell yourself that this time you
are going to be in beach ready
shape by the time summer rolls
around.
Does that sound familiar? It is
always a betrayal then when this
time of year comes around and
the bathroom scale seems to say
that your good intentions may have
been in vain.
If you do want to get in shape then
you may consider a diet of some
sort. Now, diets are admittedly
more interesting to research, plan
and discuss than actually do. They
require a lot of self-restraint (and
you miss out on all the yummy,
naughty stuff your friends insist on
eating in front of you) . You have to
really commit if you really want to
lose weight.
In a similar way debt review too takes
a very high level of commitment to
make it through the process. The
question then is: Have you really
committed to the process? Check
out the article on the topic in this
issue and be sure to look out for
warning signs that you may not be
as committed as you think.
We also have lots of recent news
from the industry and reviews you
will want to check out. Suddenly
the end of the year beckons and
brings with it dangers which we
discuss in this issue in some detail.
Will you make any classic debt
review blunders this December or
will you be able to make it through
the end of year successfully? Be
on the lookout for some simple
tips on how to avoid the dangers.
If you are looking forward to not
only the end of year break but
also getting out of debt then you
have just a few more days to plan
how you will deal with December.
So, break out those costumes and try
them on in the privacy of your own
home. See if your winter routine has
let you down or not but whatever
the result make sure that your debt

eview routine doesn’t waiver. Make
those payments.
Soon you will be ready to rest and
relax and perhaps even sooner than
you think you may be debt free.
FROM
THE
E
D
IT
O
R

HOW COMMITTED ARE
YOU TO DEBT REVIEW?
C
WIN AN
ONLINE
COURSE
THE DREADED
DECEMBER
O
NTENTS
NEWS
SERVICE
DIRECTORY
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THE DREADE

D DECEMBER

DREADED
DECEMBER

For many people December is simply the best month of the year. They
look forward to the end of year break and all the holidays. Kids will
be able to rest and have lots of time with their friends and family
and adults will get at least a few days off to do the same. A select
few even receive the ever elusive 13th cheque or end of year bonus at
the end of the work year.
Malls will fill up as people head out to the shops, movies and baskets
will be filled with gifts for friends and relatives as consumers head out to
consume. Families may even pack their bags and head to the mountains
or the coast for a well deserved getaway. The economy will get a boost
and people will stretch those credit cards to the max as they try to live it up
and have some fun.
For those under debt review December is just another month to stick to
their limited budget and make sure they pay their debt. In fact, the figures
show that for those under debt review December is one of the toughest
months of the year to stay in the process.
For some who have been loyally paying their debts via debt review for
many months or even years, December can be the straw that breaks the
camel’s back and sees them bomb out of the process. This means that
after all this time they will lose all the benefits they have been enjoying and
will be thrown back to the collections wolves.

DREADED DECEMBER
WHY IS DECEMBER
SO TOUGH?
Over the past decades marketing people have built up a false hype
around December as they have tried to drive consumers to hit the
shops and clear the shelves. Over time many have come to feel a
sense of entitlement and expectation of going on a trip in December
or getting gifts at the end of the year.
This social pressure that often comes from the greed of others (even
members of our own families and circle of friends) can drive those who are
financially responsible throughout the rest of the year to crack in December.
Rather than spending time with family and friends many of the end of year
holidays have become almost exclusively about getting gifts. Many who
travel back home during the end of year break from their jobs in the big
city are expected to come either with cash in hand or many expensive gifts
(or even better, both).
Over spending in December leaves many consumers exposed when
January rolls around and they are faced with a lot of extra annual costs
such as new school clothes or stationery items for their kids. For those
under debt review such reckless financial behavior is no longer an option.

DREADED DECEMBER
DON’T LET
DECEMBER
TRIP YOU UP
Where possible those who are under debt review should be wise and
stick well within their budget. They should avoid any sudden increase
in spending
However those who have planned ahead and have been able to stick
within their monthly budget over time may have been able to set aside
a few extra rand during the preceding months to make use of during
December. This may allow them to still travel to visit family.
Rather than give large lavish gifts try to share thoughtful smaller low cost
items or consider clever re-gifting ideas. Many smaller gifts and cards can
be made at home in order to save money.

Let your family and friends be the ones who give to you this year. Don’t try
and compete.
Don’t let others greedy expectations destroy your entire financial future.
Kids enjoy time with family and friends so make an effort to organize some
fun for them.
Cheap beach days and mountain adventure walks can be just as fun as
expensive movies and hanging at the mall.

Don’t let debt be your legacy.
Debt leaves a mark on all of us. And if we don’t manage it, it can pass from us to our children.
But if you call us today we can help you. We have already helped 50 000 South Africans just like you.
We can significantly reduce the monthly payments on the money you owe, so you can pay off your debt
and live your daily life stress free. What is your financial freedom worth to you and your family?
Call 087 237 7874 today and together we can take control of your debt.
DebtBusters voted SA’s BEST National Debt Counsellor
at the SA Debt Review Awards 2014, 2016, 2017 & 2018
DebtBusters employs NCR registered debt counsellors | www.debtbusters.co.za

DREADED DECEMBER
YOU DESERVE A
BREAK FROM DEBT
After a long hard year you may be focused on simply not being
at work and the humdrum routine which wears you down. You do
deserve a break. You do deserve some fun. Absolutely!
With a little forethought and restraint you can ensure that you do this without
running up big bills and running into trouble making your debt review
payment this December.
It’s rare these days to get a 13th cheque or bonus but it does sometimes
happen. If you are fortunate enough to get one, what should you do with it?
• Hit the shops, buy that flat screen tv?
• Treat yourself?
• Speak to your DC for advice?
• Use to cover needed jan/annual costs and settle smaller debts?
• Or distribute it to all debts evenly?
Remember that you are trying to give yourself and your family the best
financial gift of all - getting out of debt. If you do get a bonus why not talk
to your Debt Counsellor about how best to use it?

HOW
COMMITTED
ARE YOU TO
DEBT REVIEW

HOW
COMMITTED
ARE YOU?
commitment
- noun -
“a willingness to give your time and energy to something that you
believe in, or a promise or firm decision to do something”
~ Cambridge Dictionary
In life we often are asked to commit to doing things. A commitment requires
that we mentally and emotionally decide to see something through from
start to finish.
For example, a couple may decide to make a commitment to stick together
and get married or they may commit to having a child together.
A child may ask a parent for a puppy. The parent asks the child if they will
care for, feed and walk the pet on an ongoing basis and not only at first
when the puppy is still fuzzy and new.

These are not short term, impulsive matters but require many years of
energy through thick and thin to truly succeed.
It is important to realize that debt review also requires commitment to
be successful. Those who start the process must be prepared to see it
through despite obstacles and even their own past bad financial habits
and impulses.
Those who start the process only to drop out after a short time actually
often make their financial situation even more complicated than before
and so a lack of commitment can really hurt those who lack staying power.
Many who enter the debt review process find that there are certain
challenges that they need to overcome to be successful. Debt Counsellors
will be quick to tell you that their clients struggle to stick to the process at
certain times of the year, like December or Easter.
Consumers also have to force themselves to avoid old bad habits and
mistakes. The urge to splurge, to treat yourself and to dress and eat at
places that impress others can be hard to overcome.
Hanging out with friends or family members who overspend can also be
a trap for some. They may find it hard to stick to a new budget when the
people they choose to spend time with are not wise with their spending.

HOW COMMITTED ARE YOU?
DIET
EXERCISE
DEBT REVIEW

In many ways the challenge of sticking to debt review and seeing it
through is similar to that of starting a new diet or exercise routine.
At first, it is all fun and new but over time, as it becomes routine, you
need real commitment to see things through.
Starting a new Diet
All your research
tells you this is the
right diet for you.
You picture yourself
shedding those extra
Kgs.
What at first was fun
is now becoming
routine and boring.
All the people around
you are eating
delicious naughty
stuff making it hard
for you to stick to
your diet. Those kgs
are stubbornly still
hanging around.
Joining a Gym
They offer you a
month for free and
a personal trainer
shows you the
exercises that will help
you get in shape.
After the initial
excitement you
struggle to get to gym
regularly. Work and
social commitments
start to get in the way.
You see little progress
and get disheartened.
It has been a few
weeks. Why don’t you
look ripped yet?
Entering Debt Review
The benefits are
many. No more
collection calls,
reduced monthly debt
repayments. What’s
not to like?
After the initial
honeymoon period
all you do is pay and
pay. You seem to
make little progress.
Unexpected bills
come along placing
pressure on your
reduced monthly
budget. You feel like
you are not making
any progress.

Take Back Control
Of Your Finances
We provide a remedy specifically for
over-indebted consumers which
involves restructuring of debt
payments, lowering interest rates and
fees and lengthening payment terms.
Debt Counselling could be the best
gift you give yourself.
Call 087 237 7874 today!
2018
Debt Review
Awards
WINNER
2018
Debt Review
Awards
WINNER
DebtBusters voted SA’s BEST ‘National Debt Councellor’at the
2018: Debt Review Awards - for the 3rd consecutive year!
Consumer Debt Help voted SA’s BEST ‘Large Debt Councellor’
at the 2018: Debt Review Awards - for the 5th consecutive year!
Follow us on Facebook
DebtBusters employs NCR
registered debt counsellors
| www.debtbusters.co.za
Proudly part of the Intelligent Debt
Management (IDM) Group

HOW COMMITTED ARE YOU?
UNDERSTAND
YOUR DEBT
REVIEW GOAL
Different people enter debt review for different reasons. This can then
have an impact on how much they intend to see the process through.
For example, some may join debt review simply to get the banks’ collection
agents off their backs. They may not really care about a long term solution
to their debt but may be more focused on no longer being harassed. They
may actually enjoy spending money they don’t have and are not really
concerned about getting out of debt.
Others may really want to pay off all their debt but cannot manage to do
that and still cover their monthly needs at home. So, they are forced to
pick and choose between debt repayments to some creditors and basic
necessities for their family. For them debt review offers a new way to try
balance the two.

Others would really like to get rid of their smaller debts so that they can
regain financial control over their situation and stop being forced to pay
heavy penalties and interest fees for making use of short term credit. Debt
review could help them do this.
Finally, some just want to get out of debt. They want to clear the slate and
not owe anyone anything. They want to settle their small and large debts
no matter what it takes. Debt review gives them a plan and way to do this
within a reasonable period of time.
Debt Counsellors often assume that their clients want to get the full benefit
of debt review and would like to settle all their debts entirely. This is, after
all, the basic idea of debt review. The challenge they then face is to help
those who start debt review with some other goals to then adopt this
ultimate goal: to get out of debt.
That said, their client may simply want to use the process to regain control
and gain the time and breathing space they need to turn things around
financially in their lives. In such a case the Debt Counsellor will also be
able to assist the consumer to leave the process earlier but it takes good
communication between Counsellor and client to ensure they are both on
the same page.

Image designed by www.freepik.com

HOW COMMITTED ARE YOU
WHAT IS YOUR
DEBT REVIEW GOAL?
Have enough to
cover basic costs
each month...
Pay off your
smaller debts...
Get debt collectors
off your back...
Pay off all
your debts...
While you may start the debt review process with only one goal in mind,
you may find that you learn that all these goals are all important steps
along the way to becoming debt free. They are, in fact, a way for you to
measure your success in the process.

HOW COMMITTED ARE YOU?
WAYS TO MEASURE
YOUR PROGRESS
Here are some milestones which you should keep in mind while under
debt review. If you reach these milestones then you know that you
are making progress and debt review is working for you.
1
You make your Second Debt Review Payment
By month two you have now paid half of all the fees you will
probably ever pay while under debt review.
2
You get your granted Court Order
This legally binding court order makes it harder for your credit
providers to step out of line and go back on any promises they
have made.
3
You get through your first December and January
This is a time of year when many fall out of the process due to

poor planning during the months leading up to December and
over spending. If you make it through this means you have really
embraced the process.
4
Get through a whole month without thinking about how
your debt is stressing you out.
If debt review has now become part of your monthly life then this
is an important day. You are finally in the swing of things. This is
actually a milestone showing that you are on the way to success.
You are now in financial control.
5
You reach the Half Way Mark
Your court order will tell you approximately how many months it
will take to pay off your debt according to the new restructured
repayment plan. Once you reach the half way point you will finally
start to notice the balances on your debts beginning to shrink in
a more obvious way.
6
A Smaller Debt Gets Paid Off
One of your debts being finally paid off is a big deal. With
debt review it is often true that even smaller debts are repaid
over longer time periods. This can make it seem like things are
dragging on. So, a debt paid up, even a smaller one, is a big
deal and should be celebrated.
7
One Debt Left
You can finally see the light at the end of the tunnel and even if it
has taken you many months or even years you can start to focus
on where to next. Now you can begin to plan to build financial
wealth rather than just be stuck with debt.

HOW COMMITTED ARE YOU?
WARNING SIGNS THAT
YOUR COMMITMENT
MIGHT BE WANING
Do you have a desire for new things you cannot afford? Are you
always shopping online or talking about things you want to buy?
Are you frustrated with how long it is taking to pay off your debts through
debt review? Even though you have a court order that tells you how many
months it is going to take do you feel that you are not getting anywhere?
Do you feel that your situation would be much better if you could just get
another loan again like in the past?
Are you nitpicking about the process rather than discussing any possible
issues with your Debt Counsellor? Have you forgotten how much debt
review is helping you every single month?

THE END OF THE
YEAR IS COMING
SOME DEBT REVIEW PARENTS MAY NOT BE ABLE TO REWARD
THEIR KIDS WITH SOMETHING NICE BECAUSE THEIR BUDGETS
ARE STRETCHED TO THE LIMIT.
Debt Counselling Community Support are putting together a few End of Year
gift hampers for families under debt review who are having a tough time at the
moment making ends meet. The hampers have a little something nice for all in
the family and might help bring a little joy to the close of a long and hard year. It
may be just the boost to help them keep on going in the months ahead.
If you would like to be part of the End of Year Hamper drive then please email us
and offer a little financial support.
admin@dccsupport.co.za
DEBT COUNSELLING
COMMUNITY SUPPORT

DEBT REVIEW
SCHOOL
Know your abbreviations:
NCR = National Credit Regulator
NCA = National Credit Act
NCT = National Consumer Tribunal

HOW COMMITTED ARE YOU?
HOW LIKELY IS
THIS PERSON
TO SUCCEED?

10% commitment to paying off Debt
Just tired of getting collection calls. Willing to
try anything for a while, including debt review,
to get those calls to stop. Still wants to live their
old life style.
WILL
FAIL
33% Commitment to paying off Debt
Debt Review sounds great. They plan to
temporarily use the process to turn things
around and once things are better will go back
to how things were before. Misses shopping
at their old expensive shops and still hangs
around with friends who overspend.
WILL
FAIL
66% Commitment to paying off Debt
Researched Debt Review and knows it is a great
way to settle debt. Happy to get all the benefits
but still likes to live the good life if possible.
Tries to hide some facts and figures even from
the Debt Counsellor who is helping them so
that they can still have some little luxuries.
WILL
FAIL
if they hit a
rough patch
along the way
100% commitment to paying off Debt
Prepared to do whatever it takes to get rid of
debt and then stay out of debt. Understands
Debt Review and how it works. Tracks their
progress.
LIKELY TO
SUCCEED

HOW COMMITTED ARE YOU?
COMMIT TO
SUCCEED
To make use of debt review to get out of debt takes commitment. For
most people it is a process that they will be in for a number of years
(as is true of paying back most debts anyway).
It requires that you adjust your way of spending. It requires that you learn
to be patient. It requires that you see the big picture and not only be
focused on instant gratification. That’s hard for many people.
For those who embrace the debt review process and commit to it 100% it
is a financial lifeline that turns their entire lives around from debt slavery
to financial freedom. By knowing what your debt review goals really are
and being aware of important milestones along the way, you can remain
motivated even when the process becomes routine.
Soon, like those who stick to their diet and exercise routine you will be
looking finically fit and sexy. You will have shed the debt that was weighing
you down and be ready to begin to build true financial wealth without the
burden of debt.

DON’T WORK WITH AN OUT
DATED VERSION OF THE ACT
UPDATED
2017
We are happy to announce that the Amended National Credit Act booklet
is now available via our shop.
Get the latest version for only R250.00
ORDER NOW
http://debtfreedigi.co.za/product/pocket-sized-national-credit-act-booklet/

DEBT REVIEW
SCHOOL
The National Credit
Regulator is in charge
of registering and
monitoring credit
providers and Debt
Counsellors.

NEWS NCR CONSUMER
EDUCATION
NCR HIRE
RESEARCH FIRM
The National Credit Regulator
has acquired the services of
consultants RedFlank to conduct
an impact assessment of debt
counselling as a debt relief
measure since its inception in
2007.
The National Credit Regulator
are tasked with regulating
all those who participate in
the credit industry including,
credit providers, credit bureau,
Alternative Dispute Resolution
Agents, Payment Distribution
Agents and Debt Counsellors.
The National Credit Act also
lays the heavy burden of
educating South Africans about
their credit rights and about
the NCA. This month the NCR
hosted a workshop with the
public in Katlehong to help
educate consumers.

DTI RESEARCH
FORUM
DCASA LAUNCH
INVESTIGATION INTO
NCA SECTION 71
Though you may not have
heard about it yet the
Department of Trade & Industry
are holding a research forum
during December into current
trends and the impact of the
debt counselling industry
in South Africa. The Market
Research and Trend Analysis
Chief Directorate of the
Consumer and Corporate
Regulations Division of the
DTI will be holding a forum
on the 6th of December in
Gauteng (Sunnyside Pretoria).
The forum will focus in on
the current trends, challenges
and the overall impact of
debt counselling since it
was introduced in 2007.
Those wanting to attend
have been asked to RSVP to
LMorwamohube@thedti.gov.za
The National Credit Act allows
consumers who are under debt
review, who pay off all their
smaller credit agreements, to
leave debt review and continue
paying off their large debt (such
as a bond).
This change was made after
it was realised that previously
the wording of the NCA meant
that a consumer who had
a bond should stay in debt
review until all debts were
settled. This would then mean
that consumers with a bond
would potentially be in debt
review for many years, possibly
decades. Since this was clearly
not the intention of the Act an
amendment was made.
Now any consumer, who pays
off their short term credit and
perhaps a vehicle loan and is

only left with a bond, can leave
debt review and continue with
reasonable payments towards
their bond. They can then have
the debt review status removed
at the credit bureaus and can
access credit again (if they can
afford to do so).
The Debt Counsellors
Association of South Africa
(DCASA) is currently preparing
a report on how effectively
the various large banks are
managing this process. There
are some who say that the
process is being inconsistently
dealt with and some consumers
are getting the short end of the
stick.
The purpose of the changes to
the NCA was to make it easier
and safer for consumers with
bonds to make use of the debt
review process to sort out their
short term credit issues while
keeping their assets safe. If
some banks are now making
requirements of consumers which
threaten their assets this would
be defeating the purpose of those
amendments. DCASA hope that
the report will help inform the
NCR and industry and assist with
future implementation of this
Section of the NCA.
Certain consumers who wish to
make use of this provision are
told to first leave debt review
entirely and only then will
the bank negotiate with them
about the required monthly
repayment amount. This
poses a danger since once the
consumer has left the safety
of debt review then the bank
could demand a much higher
payment than the consumer
can afford.

NCT DISTRIBUTE
RULING ON DEBT
REVIEW
In a bit of an unusual move the
National Consumer Tribunal
sent out a ruling about a debt
review matter to all Debt
Counsellors across the country
via blast email this month.
Other organisations and
associations were also asked
to spread the word. The ruling
had to do with consumers
who had been in debt review
once before and, among other
things, what accounts could be
included in debt review or not.
The Debt Counsellors involved
are one of the largest in the
country and because the ruling
went against them it appeared
to be rather negative for them.
The firm has now decided to
take the matter back to the
NCT for another hearing since
they did not actually know
about the case the first time it
was held. They never even got
to attend. Because they did not
present information to the NCT
about his case the ruling was
made without all the relevant
information. This is important
since this will then significantly
alter the ruling after the matter
is heard again this time with all
parties present. It seems that
the very unusual decision to
so quickly and publicly share
the ruling may have been
somewhat premature after all.

Die Republiek van
SKYT AFRICA
Hi Almal,
Die jaar staan nou vinnig einde se kant toe, oral waar jy in die
winkelsentrums kyk is die speelgoed, Kersversierings en dies meer so
strategies geplaas dat jy dit kwalik kan mis kyk. Dit voel eintlik of die
winkels nou minder loopspasie het en dat jy enige oomblik oor iets gaan
voeter en n helse berg vrugtekoek op jou gaan neertrek. Sommige kinders
is ook merkbaar soeter, seker maar die dreigement dat Kersvader nie
geskenke vir stout kinders bring nie.
Dit is elke persoon se keuse hoe hy of sy wil Kersfees vier en ek wil nou
regtig nie n polemiek daaroor veroorsaak nie, leef en laat leef. Krismis
is ook vir die gelukkiges n bonus of n 13de tjekkie, in baie gevalle nooit
genoeg nie maar tog nooit te versmaai nie. Nog gelukkiger mense het
ook in hierdie tyd n welkome breek, vakansie om die batterye te herlaai vir
volgende jaar. Volgende jaar met hopelik meer vreugde en minder vrese.
Maar terug na die hede, elke koerant is gepak met brosjures gevul met
die spesiale aanbiedinge, die “Krismis specials” so vol belofte van iets wat
n mens graag wil hê. Erge uitlokking!

Jou krediteure is ook bewus van hierdie kooplus wat kliënte hierdie tyd
van die jaar oorval. Hulle weet vir n feit dat paaiemente oorgeslaan
gaan word en dat mense dit doelbewus doen. Hulle weet ook dat kliënte
ongeskik gaan wees wanneer hul verskonings van onvoorsiene uitgawes
nie aanvaar word nie. Snaaks hoe mense kan kwaad word as hul willens
en wetens iets doen wat verkeerd is en dit dan probeer regverdig. As jy
onder skuldberading is het jou skuldberader al seker vir jou gesê moenie
vir jouself n gat grou waaruit jy nie kan kom nie en dan almal na die tyd
probeer blameer nie.
My boodskap is dus eenvoudig, betaal eers jou skuld voordat jy in die
versoeking val om hierdie feesseisoen te spandeer wat jy nie kan bekostig
nie. Moenie dat jou nuwe jaar op n negatiewe noot begin wat die hele jaar
finansieel kan bederf nie. Hou matigheid voor oë wees verantwoordelik, is
dit nie tog wat ons by die kinders tuisbring nie, n sin vir verantwoordelikheid?
Moenie soos n stoutkind optree nie, die gevolge kan onsmaaklik en
verreikend wees.
En pasop vir BLACK FRIDAY! Onoordeelkundig koop met n ander se geld
kan n donker toekoms skep, pikgitswart met nie eens n lig in die einde van
die tonnel nie. Desember wat voorlê is soos enige ander maand wanneer
dit by jou finansies kom, doen n begroting en hou daarby, moenie op die
ingewing van die oomblik vasgevang word nie, moenie verantwoordelik
wees vir jou eie staatskaping nie!
Groete,
Christo
Christo Hattingh
Kyk gerus my LinkedIn profile:
https://www.linkedin.com/in/christo-hattingh-351a52130/
* Seriously please do let us know if you found this article to be
funny/offensive/amusing/interesting feedback@debtfreedigi.co.za

WIN
FREE ONLINE TRAINING
WORTH R1050
All Debt Counsellors need to write business memos, letters and emails to credit
providers and clients, even reports to associations or the Regulator. This requires
that you know how to write using the correct tone, wording and phrasing.
Business writing may not be your strong point and there is a danger that you express
yourself unprofessionally or incorrectly when dealing with others. Fortunately,
Corporate Rebels have an online eLearning course which can help called Business
Writing That Works.
One of the very interesting and helpful features of this particular course is the
sound clip bar at the top of each page. This means that you can simply click and
listen to the course material being read. This is a great feature for those who don’t
love to read but do love to learn. The course takes you through standard document
and email layouts to common business etiquette and more. For those running an
office who want to upskill their staff or those who would like to improve their own
correspondence skills this is a great course.

WANT TO WIN AN ONLINE
TRAINING COURSE?
To Enter & Stand a Chance to Win*
answer this COMPETITION QUESTION:
In Business writing you need to learn how to write
and proofread your work so that it is C______,
C_________,C________and Correct.
Let us know what the three missing words are via email and you will be
entered into the draw to win a online course about business writing valued
at R1050.
In order to find the three missing words that start with the letter ‘c’ you must
follow the following steps:
1. Go to www.rebels.co.za
2. Click on TRAINING and then go to eLearning
3. On the eLearning page download the eLearning Brochure .
4. On the eLearning Brochure find pg 49 and search there for a sentence
that will give you the missing words.
CLICK HERE TO EMAIL US YOUR ANSWER
* T&Cs exist and the final winner will be notified by email. The winner will be chosen by
Corporate Rebels and their decision is final. Debtfree does not control who wins or the T&Cs.
For more info head over to Corporate Rebels website: http://www.rebels.co.za/eLearning/

CONSUMER FINANCIAL
EDUCATION FOUNDATION
The Consumer Financial Education Foundation (Confef) has been
around for just over a year now and has been making a positive impact
on consumers around the country.
Confef’s objectives are to empower, protect and promote consumer rights
to those previously unaware of them. In their various outreach programmes
over the last 12 months, Confef say that they have realised that there is still
a huge lack of knowledge and understanding among many communities
of the available debt relief measures out there. This just goes to prove the
need for more consumer financial education, particularly in regard to debt
counselling.
Confef say that they have seen how chronic levels of over-indebtedness
is contributing negatively to the socio-economic ills and challenges faced
by millions of people around the country. They believe that education and
innovative programmes which bring about behavioral change will help
drive positive change in the country.
Confef have partnered with several organizations and firms in an effort to
take financial education to local communities including: supporters XDS,
FSCA & DCASA and sponsors Debtfree & DC Partner PDA.
One of their many highlights this year has been participation in the
Money Smart Week (8-12 October 2018) organized by the Financial
Sector Conduct Authority.
Confef is a registered NPO

Confef believe that through collaboration and financial support, a lot
can be achieved in improving the financial well-being of consumers
while growing and sustaining the debt counselling industry.
Support Welcome
Confef say that they are eager to do as much as they can given their limited
budget to try increase awareness of the debt review process and what it
involves. They are planning to get to as many people as they can in 2019.
Founding member Octavia Hlatswayo says that they always welcome
support and sponsors who want to work together towards this
goal. People need to learn about debt review and make use of
it. We always try to educate people about this option.
If you would like to get in contact and offer support then you can
visit their website www.confef.org.za
or email Octavia@confef.org.za