27 November 2023

This Black Friday, it's easy to find yourself justifying myriad reasons to splurge on specials. Ayanda Ndimande, Strategic Business Development at Sanlam Retail Credit, urges South Africans to keep their credit score top of mind and stick to an 'if I can't afford it, it's not my bargain' mindset.

Ndimande says, "It's extremely easy to get caught up in the Black Friday frenzy. We strongly suggest setting up a vision board beforehand to stay future-focused. Sanlam Credit Solutions offers a free dashboard where you can set savvy financial goals to build a healthy credit score. Consider setting these before the big day, so you are intentional in the way you spend and don't set yourself back. If you cannot afford it, try to let it go as 'not my bargain right now'. If it's something you really want, start saving up for it."

Here are Ndimande's tips for doing the real maths on one of the biggest spending days of the year.

Disclaimer

Sanlam Ltd. published this content on 27 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2023 08:17:12 UTC.