Finance: How refund delays can turn into debt problems
Early Breakfast with Africa Melane · 16 July 2026 · 7m
Speaker 1: You're there seven eighteen African Milani Early Breakfast. Speaker 2: It's a tax season. It's currently underway. Many people counting on that refund from the Speaker 2: South African Revenue Services. They've already paid out billions of rands. Financial experts the warning Speaker 2: that treating this refund as an expectation and guaranteed income could land you in deeper Speaker 2: debts. Joining me is Dehan Sherman. Dean is the senior operations manager at National Debt Speaker 2: Advisors. Good morning, and welcome to the show. Speaker 1: Good morning, and thanks for having me. Speaker 2: We should not be expecting a payout from should we. It should not be something Speaker 2: that we should be factoring into our budgeting or our planning. Rather, just because we Speaker 2: received a payout last year the year before does not necessarily mean that we'll be Speaker 2: receiving one this year. Speaker 1: Exactly. You shouldn't be counting your chickens before I had. Yeah, so we're seeing many Speaker 1: consumers make that mistake. And I mean this is not just specific to SOLIS refund, Speaker 1: but anything in general is don't expect money that you don't have yet, and don't Speaker 1: spend that money, because you can end up in quite the predicament. Speaker 2: How So, Dean, how are you finding either your clients or some you know research Speaker 2: you're coming across. How are people finding themselves in deeper debt as a result of Speaker 2: expecting a payout that doesn't materialize. Speaker 1: Well, those people end up spending money they don't have, or worse off, taking out Speaker 1: debts because they expect to have that money. So when you go ahead and you
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