Petrol prices, taxes and fuel-saving tips
Updated | By The Money Podcast
Everybody's feeling the pinch at the fuel pumps, despite the news this week that we may
be in for some relief in September. We have some great advice on how you can
save money on fuel and stretch your rands when it comes to your fuel bill.
With our fuel prices at record high levels and consumers already stretched to the
limit, everyone wants to know when the fuel price will come down again to more affordable levels.
In
this episode of The Money Podcast on JacPod, wealth creators Justin Harrison and Dawie Bester talk about the recent
fuel prices, and the taxes associated with our fuel prices in South Africa.
They also simplify and break down the historical fuel price cycles.
This
is an explosive discussion on one of the most important topics facing our
country, and Justin and Dawie do not hold back on their opinions.
You will also get loads of great advice on how you can save money on fuel and how to stretch your rands when it comes to your fuel bill. Listen below - it's a 15-minute listen.
Justin Harrison has advice on how to work out your fuel consumption below, via his TikTok channel.
@moneytribe21 How to work out your fuel consumption #fyp #moneytribe21 #ticktocksouthafrica #petrol #fuel #petrolcost #fuelcost #fuelcalculator ♬ My Boo - The Sing-A-Long Kids
If you'd like to understand more about petrol taxes, check out the video series below.
Meanwhile, as we all know by know, recessions are brutal for the average consumer. As the cost-of-living
skyrockets, most people are forced to make do with less, with many
struggling to make it through each month.
During a recession, the price of everything goes up, while
the rate of earning often stays the same, which means that the average person frequently has
less money at the end of each month.
LISTEN: Budget as a team - save your relationship!
In this episode of The Money Podcast, self-made
entrepreneurs and wealth creators Justin Harrison and Dawie Bester provide some practical tips on
how to survive a recession, and even offer an alternative view on why a
recession presents some unique opportunities for creating wealth and
potentially advancing your career or business.
Justin Harrison and Dawie Bester have also broken down a recession in layman's terms.
They explained why and how it impacts the average consumer,
what we can learn from historical recessions and why recessions are a very
important part of the economic cycle.
Related podcast: LISTEN: Should you side hustle?
This podcast episode on understanding recessions is extremely
valuable for the average person as it will not only provide a good understanding of the economic
cycles, but can help you plan ahead for the next cycle.
Click below to listen.
More about Justin and Dawie:
Justin Harrison and Dawie Bester are two self-made entrepreneurs on a
mission to help South Africans become better at money. They're involved in multiple business
ventures and share a common passion for financial education, self-improvement
and simplicity, and these are the driving force behind all their ventures.
Justin Harrison is the author of eight personal finance books; he’s a
serial entrepreneur, investor, wealth creator, popular TikToker and one of South Africa's thought
leaders in the financial technology space. He is a passionate South African,
father of three and avid sportsman who believes deeply that South Africa is one
of the best countries in the world.
Dawie Bester is also a personal finance author, personal finance coach, entrepreneur
and investor, and has been on the forefront of the digital finance revolution
for the last decade. He's a father of two, an avid sportsman, and believes
that South Africans can prosper with the correct motivation and
direction.
Catch them weekly in The Money Podcast with practical, down-to-earth
advice which you can take and action immediately. New episodes are released every Wednesday. Subscribe via this page. If you would like to reach Justin and Dawie directly, please visit the links below:
YouTube
Website
We have dozens of episodes of this very popular personal finance podcast. If you're a new listener, find all The Money Podcast past episodes in the full channel below.
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