Political problems become a growing risk to your personal finances

Political issues are becoming a growing risk to consumer finances, making consumers more vulnerable. Consumer vulnerability is evident when consumers say their finances influence their relationships and dominate their thoughts, causing them to neglect other important issues. The same old culprits, load shedding and political issues weighed heavily on consumer finances. A total of 85.1% of respondents said their financial problems are affecting their relationships, and 81.2% said they constantly think about their financial problems. However, setting financial goals empowers them to make better financial decisions that reduce their financial vulnerability. Although the overall condition…

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