Journey to becoming debt free | Debt Holiday.
In South Africa there is news of a bank giving debt holidays/ debt breaks to their customers. What this essential means is that the customers won’t have to repay their loans for a certain period on of time.
Remember the PURPOSE of you paying off your loan is to become debt free. So, stick to that plan.
Do not lose sight of the greater goal, being financially free.
• Discussion of how the debt holiday affects individuals.
• Discussion of how the debt break affects businesses (Touching on business gearing and operating leverage)
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