Couples tied in knots of debt
Friday, October 17, 2008
Most popular venues are overbooked and so are churches.
So couples will celebrate the end of the year in style, visiting honeymoon resorts.
But glamorous as weddings are, they come with their share of misery because they leave a neat dent in people's finances, not to mention the headaches that come with the planning.
Weddings have become big business and everything about them is expensive. Many have been known to take loans to finance their weddings, sometimes perceived as a waste, since you pump in so much money into a one-day event.
The situation has been compounded by pre-wedding parties, which have sneaked back in the name of bridal showers and stag parties.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...