We take a look at three more financial pitfalls in this episode. They are overconsumption or lifestyle creep, debt and insufficient savings. These three often go hand in hand – you get into debt because you’re trying to cover your lifestyle creep, and then you’re too busy focusing on paying off that debt rather than looking at your savings. Debt spirals can be very scary, and it can be incredibly hard to see your way out of them. That’s why we got Nadia de Weerdt, a registered debt counsellor and Western Cape representative for DCASA, to chat to us about how to handle debt. She also gives some great tips on how to avoid getting into bad debt. Useful links: The Debt Counsellors Association of South Africa (DCASA) - https://www.dcasa.co.za/ The Financial Sector Conduct Authority (FSCA) - www.FSCA.co.za You can also read more on my blog: https://www.nudgingfinancialbehaviour.com/how-to-manage-your-debt/ Or watch to the video version of this podcast episode: https://youtu.be/5MjfPT8tM8c Special thanks to everyone who has helped put this series together:  Our sponsors: IG Markets South Africa  Producer: Faeron Wheeler of F Creations  Music by: Neil Leachman  Sound recording and mixing: Giovanni Serci of Soundcast Studios  Video and editing: Kyle Wesson  Hair and makeup: Ida Webster  Set styling: Michelle Murray of Interiors Etc.  Voice over: Sizo Mphti