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Wednesday, August 13, 2025

Editor’s Word | My Mind Hurts


The previous few weeks have been making my head spin. Each day there appear to have been new bulletins and information articles about VAT (it can change, it gained’t change, it would change, and now, it gained’t). 

On the similar time, there was a lot speak (behind the scenes) about political coalitions and shifting agreements in authorities.

Coupled with which have been tales about Mr Trump and his mighty tariff chaos. Tariffs went up, got here down, disappeared, reappeared, went up after which went up extra, and truthfully, I’m a bit confused about the place issues stand proper now. My mind hurts.

You see, our brains hate change. We like issues to remain the identical. Its predictable, its steady its acquainted. That is a lot simpler to deal with than uncertainty.

Individuals don’t like uncertainty and neither do the markets.

‘Getting into debt assessment is commonly a time of intense change for shoppers’

Getting into debt assessment is commonly a time of intense change for shoppers. They should belief another person with their funds, they’ve to vary the way in which they financial institution and spend and swap to a money life-style, that’s rather a lot. And people adjustments all occur in a really brief time frame, which makes it much more disturbing.

Some individuals are not even capable of make the changes wanted to get to their first debt assessment fee.

Others who do efficiently make it by the interval of preliminary change, later start to subtly shoot themselves within the foot. There are numerous small choices that may slowly tip the scales in opposition to you. On this difficulty we dive into a few of these decisions.

We additionally take a look at different function gamers within the business, and the issues they is likely to be doing that might imply they’re dangerous at debt assessment.

However we hope that you’re good at debt assessment. That you’ve got averted any of the issues that might imply that your debt assessment, or your observe are in bother.

That is a tremendous course of and business to work in, regardless of the challenges and adjustments. Our workforce have been busy with Debt Evaluate Awards Peer Critiques and occasion planning. We stay up for being in KZN this yr on the 24th of October. Even the Awards course of is topic to slightly change over time (however we love to do it sluggish and regular). We’re excited in regards to the incremental adjustments which are set to make the Awards even higher this yr.

So, in case your head is spinning like mine, take a deep breath. Change may also be good. Like if you’re closely in debt and use debt assessment to vary your future. A change from debt slavery to changing into debt free.

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