WYA VAN DER WAAL: I try to drive less, go on combined trips, eat out less and focus on buying necessities.
The price of a litre of petrol increased by 25 cents on 4 October, much to the disappointment of most consumers.
The increase in petrol also means that living costs also increase, hitting consumers hard in the pocket.
The tough economic climate is an opportunity to re-evaluate your finances and spending habits.
Northcliff Melville Times took to the streets to find out how people are coping with the rising petrol hike.
Here is what they had to say.
ASIF JAVID: I haven’t been affected much, still living the same lifestyle. I just hope it doesn’t go up again this year.
BONGINKOSI SHANGE: I’ve had to convert my car into a meter taxi in order to earn extra money. I’m really feeling the costs of increased living.
MAGGIE MENDELSOHN: I’m not completely affected by the petrol increase, however, I’ve had to cut out some luxuries and don’t go out as much. Food in restaurants is more expensive.
CHRIS STROEBEL: I’m cutting back on luxuries since the petrol hike and have adjusted my spending habits. I now have to prioritise my money.
JEFF PEVERETT: I’ve had to make forced adjustments in my lifestyle and I’m currently taking it as it comes. We all waiting for things to hopefully improve in December.
MOHAMED AMIN: It’s been difficult as a pensioner during these tough economic times. At my age, I cannot get a job, as a result I’ve made a number of spending adjustments to cope.