When her mother tragically passed away in car accident three years ago, the then 24-year-old Zihle found herself emotionally and financially responsible for her two younger sisters. To make ends meet Zihle turned to credit – what started off as “small loans” soon snowballed into larger and larger debts. The more the repayments ate into her disposable income, the more she relied on further credit to pay the bills.
Maya speaks to 2023 Money Makeover Challenge runner-up Zihle about her personal journey and how with the help of her financial adviser Anton Battiss she has been able to take control.
Not only has Zihle paid off debt, but she has seen a significant transformation in her own mindset – she now sees a future for herself. Zihle’s experience is testament to the impact finances can have on our mental health but also what can be achieved in a short space of time if we take the right steps. Zihle story will resonate with so many young people who find themselves responsible for their family’s financial well-being.
