Today our guest isMint fresh director and financial wellness expert Thuli Magubane. Last week South African Reserve Bank Governor, Lesetja Kganyago, announced that the repo rate was increasing by 25 basis points from 4% to 4.25%, effective from Friday March 25.An increase in the interest rate definitely means that budgeting becomes trickier, and a budget is a critical tool to make sure that you are clear on what the impact will be on your monthly finances and how best to plan for it.