Debt consolidation: Benefit or disadvantage?

Coming together: Weighing the pros and cons PIC: THEWOWSTYLE.COM
Coming together: Weighing the pros and cons PIC: THEWOWSTYLE.COM

As Botswana’s personal debt crisis grows around us, more and more of us are looking for education on how to manage our debts, and how to get some relief from the financial pressure and stress caused by our debts.

It would be wonderful if there was a quick fix, a simple and cheap method we could buy that would, in a blink of an eye, resolve the problem. Is debt consolidation that solution?

Most of us also know that getting into severe debt didn’t happen overnight. We got ourselves deeper and deeper into trouble over an extended period. Knowing this, we cannot expect “The Solution” to be a quick one.

Editor's Comment
Be careful on the road this festive season

Over the past weekend in Greater Gaborone, four people tragically lost their lives in separate accidents, a stark reminder of how vulnerable we are on the roads, especially during this busy time of year.The accidents, which claimed the lives of three pedestrians and one driver, paint a grim picture of the dangers faced by everyone on the road, not just motorists but also pedestrians. In one case, a young man was fatally struck by a truck whilst...

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