Petrol prices, taxes & fuel-saving tips

Petrol prices, taxes and fuel-saving tips

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.

Petrol prices
Canva

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, 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.

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.

If you have been left feeling stressed out by the recession talk and the cost of everything going up, then this episode of The Money Podcast is sure to bring some relief. (Click at the top or below to listen)

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.

LISTEN: Budget as a team - save your relationship!

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. 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.

Show's Stories