Debt counsellors are warning consumers against buying food on credit, saying that it will have a negative impact on overall debt.
Pick n Pay has recently offered customers the option of purchasing groceries on credit.
DebtSafe's Matthys Potgieter says buying food on credit ultimately means paying more for food in the long run.
Credit is not a bad thing, depending on how you manage it.— Matthys Potgieter, DebtSafe spokesperson and debt expert
I believe that this should be your last resort.— Matthys Potgieter, DebtSafe spokesperson and debt expert
Statistics South Africa (Stats SA) has also released stats on consumer spending and found that beer accounts for 2.1% of total household spending. This is the same as the amount spent on personal care (2.1%), but higher than tobacco (1.9%), vegetables (1.5%), sweets and desserts (0.7%) and fruit (0.3%).
Statistician-General for Statistics South Africa, Pali Lehohla says the numbers reveal how households spend more on beer than vegetables.
Poor households spend most of their income on food while the rich spend less on their food he adds.
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This article first appeared on 702 : Households spend more on beer than vegetables - Pali Lehohla Stats SA