DURBAN – It’s important to set clear financial goals well in advance to avoid being reactive and spending sporadically without a plan.
Pieter Woodhatch, Chief Executive of FNB Easy, said, "Facing up to one’s financial situation is not the easiest of tasks, especially when things are not looking good. Having come out of the festive season, it’s possible that some may have misspent their hard-earned money on festivities. The beginning of the year is an opportune time to look back at financial mistakes committed in the past and move towards a new approach".
Woodhatch added that getting your finances in order takes a lot of commitment and dedication, it’s not a once off exercise, and it may require facing some hard truths about your spending habits.”
Here are a few questions to ask yourself to when relooking your financial position:
Are you in a financial dilemma?