Business Day·3 min read·medium
Younger, female, middle-income: financial stress hitting these groups hardest
S
Stella Mapenzauswa
✦AI Summary
A new survey by DebtBusters reveals that 72% of South African consumers are experiencing significant financial stress, with younger, female, and middle-income earners being the most affected. The report notes a rise in home-life stress and debt-related anxiety compared to previous years.
Financial stress is tightening its grip on South African consumers, with 72% reporting money-related anxiety as they grapple with escalating living costs, mounting debt repayments and fears of running out of money before month-end.
economybusiness
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