b'On the weekend, I was giving someone a hand with their finances and we noticed something pretty alarming. The cost of petrol and parking for them was over 10% of their total salary. We know from recent data that transport was the second biggest contributor to inflation for 2021. Statistics New Zealand said during last year the average price of 91 octane petrol increased 30%, from $1.87 per litre to $2.45 during the year. So what can we do?
Hey thanks for listening! Please take some form of action from this content, don\\u2019t just be a consumer, become a producer! Make sure you\\u2019re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let\\u2019s get on with it.
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