Business Day reported on a household wealth index that indicated that household liabilities are rising faster than asset growth in South Africa. According to the survey, which was undertaken by Momentum Insurance and University of South Africa, there is an increased need for financial education and comprehensive financial advice.

One of the biggest concerns is that unsecured credit is being used to fund consumption rather than acquire assets, and the recommendation from Prof van Aardt of the Unisa Bureau of Market Research is that growth in unsecured lending should be regulated.