Skip to main content

Debt Injurious To Health


“Fifty per cent of Canadians struggle with debt and 48 per cent of working Canadians couldn’t pay their bills if their pay was delayed one week.”  The Credit Counselling Society.
What the quote calls ‘pay’ is even academic because there are five or six creditors waiting at the door to be electronically paid.  The bank account bounces back to zero, after that.   
There are very few people with real money in the bank (savings) like the country called Germany.  They would like to save like that but it is impractical.  Some financial commentators don’t like it though.  They accuse Germany of saving too much and spending less. 
There are millions of print and online articles about managing debt but they are water off a duck’s back because capitalism has a surname: credit.  Governments function on credit, so do companies and individuals. 
Photo:  Nonqaba waka Msimang
Individuals are even more susceptible, because credit allows them to fulfill the Canadian dream of being alright financially: pay the mortgage, the car, internal and overseas vacation, buy kids the latest digital gadgets, their sports gear and other items that demonstrate that the family is alright.
All this buying cannot come from pay checks.  It’s credit cards and will be like that for a long time.  What we need is a warning such as the warning on a pack of cigarettes that smoking is injurious to health. 
Debt is injurious to health, should flash as soon as you put your credit card on the machine.  You can key in your pin number after that if you want to ignore the warning and buy the $800 sneakers. If it scares you, you walk away debt free.
By:  Nonqaba waka Msimang.

Comments

Popular posts from this blog

Twin Cities - Cleaning and Fitness

I must go back to the gym.

That is what is always trending in January.The gym is where people use all kinds of steel and iron gadgets to get rid of the food they consumed in December and call to order rude extra flesh. However, fitness centres cannot fix what is caused by a chosen lifestyle.Granted, office workers are chained to their desks for seven or eight hours.They have no choice but to drive to the gym after work to bend and crouch, to get the blood flowing again.

A chosen lifestyle might be sitting on the couch eating food that becomes a tenant of the waistline, addiction to certain TV shows, crunching potato chips while playing video games the whole day, always drinking soda that loves to inherit certain parts of your body and not bending to pick up anything. Bend and crouch.That is what a workout is all about.Bend and crouch. To get a clearer meaning of these twin words, check out some ads for cleaning offices, homes, hotels and anything else cleaned by people we call, the less…

Meghan Markle's Son Commonwealth

Commonwealth.


That is the most appropriate name for Meghan Markle’s son because his father is the descendant of a family that exercises what is called the divine right of kings, which led to the invasion and subsequent ownership of people who do not look like that family. We don’t know Commonwealth’s last name because his parents are not referred to as Mr. and Mrs. somebody.We also don’t know if they have a social security number or pay tax.

What we know is that Commonwealth’s parents are globe-trotters because the sun never sets on what was known as the British Empire, with tentacles reaching Africa, Australia, Caribbean, Hong Kong, India, North America, New Zealand and everywhere where the British navy landed, took the land through the barrel of the gun, imprisoned local kings, instituted British education to drive the money economy, shaved kids’ heads because their kind of hair supposedly had lice, punished them for speaking African languages and annihilated African culture using the…

Pretending to be Busy in Zulu

A translation dilemma!

·to act busy is di-di-ze-la in zulu.
·to be really busy is also di-di-ze-la. Which one should we use for this lesson?My mother’s.She used to watch my shenanigans at being busy and she would ask me.

Nonqaba wenzani?Uyadidizela nje.Angiboni ukuthi wenzani.

(Nonqaba, what are you doing?You are acting busy.What exactly are you doing?)  Haayi!You can never fool the woman who carried you in her belly for nine months and risked her life to bring you into this world in one piece.Women still die in childbirth, unfortunately.
We’ll start with the positive.Monsoon Wedding, directed by Mira Nair is one of my favourite classics because preparations for the wedding remind me of Africa: relatives arriving from afar, being sent to fetch them from the train station or airport, massive pots to cook for the masses, brewing African beer, cousins running around, aunts cooking and trying to understand elders and their eccentrics. My favourite moments with baba-mkhulu, ma’s dad was his quest…