Today our guest is Mint fresh director and financial wellness expert Thuli Magubane.

• Last week South African Reserve Bank Governor, Lesetja Kganyago, announced that the repo rate was increasing by 25 basis points from 4% to 4.25%, effective from Friday March 25.
• An increase in the interest rate definitely means that budgeting becomes trickier, and a budget is a critical tool to make sure that you are clear on what the impact will be on your monthly finances and how best to plan for it.