FNB estimates that it takes an average of five days for a middle-income consumer in South Africa to spend up to 80% of their monthly salary. This, BusinessTech reports, suggests that the average middle-income consumer, earning between R180,000 – R500,000 per annum, survives on 20% of their monthly salary for more than 20 days in a month. In addition, salaried middle-income consumers with secured and unsecured credit spend, on average, 30% of their income on unsecured credit and 35% on secured credit, something Raj Makanjee, the CEO of FNB Retail, says is one of the indications that the average consumer is stretched financially.