Because we have spent our future savings, writes
certain lifestyle and will do everything in our power to maintain it. A survey conducted by a life insurance company found that when faced with financial constraints, a household is more likely to cancel insurance policies before a DStv subscription.
As individuals, we will need to start shifting our mind-set to understand that our real financial value sits in our investment account and not in a luxury vehicle or branded clothing. Only then will we start to break the debt addiction.