How much did you spend on fuel this month?
With the constant fuel hikes it is really hard to keep track on what you are spending. With the recent highest single fuel price increase in South African history, motorist’s can expect to pay significantly more at the pumps this month.
Want to know how much more exactly? Well there is an app that can answer this for you in less than 60 seconds.
Drive South Africa launched a smart fuel cost calculator which is an online tool that helps you work out your monthly costs based on the current price. It also works out how much more you will spend on fuel compared to the previous month.
“April may have brought the largest single fuel price increase in South African history, but it isn’t the most we’ve paid for petrol per litre in the last 10 years. This time last year we were paying R14.39 a litre for reef 95 unleaded.” says Drive South Africa Head of Digital Renier van Schalkwyk.
“Keeping tabs on monthly fuel spend will help you budget better so you know when you have extra cash to funnel into savings accounts or pay off debt with when the fuel price drops. When there’s a price hike, you’ll know how much you need to reallocate from other expense accounts.” says Van Schalkwyk.
Click here to calculate your fuel spending.