WITH the price of taxi fares and petrol increasing, it’s the needy who will feel the burden most.
SunStokvel spoke to a few people about how they feel about the cost of living squeezing their money.
- Sethunya Moiketsi from Ha se Thunya Village in QwaQwa, Free State, said life is difficult for her these days.
“I don’t have a stokvel but I do save and buy stamps from BB Cash and Carry every month for my year-end groceries.
“But before my groceries lasted me more than six months. Now they last only half that time.
“If prices keep going up at this fast pace, I don’t know how I will manage.”
She said she depends on her child support grant to buy the stamps but it is not enough to afford other items they need at home.
- Tukiso Tsotetsi from Soweto said stokvels are an important money management tool and people should join them or create their own to manage the high prices.
- Jabu Zungu and her partner Kabelo Mosomane, from block 8 Snake Park, Soweto, said they cannot wait until their savings get cashed in December because they don’t have enough money to buy food at home now.
“We mustn’t think about the savings until we get them at the end of the year but our living conditions force us to want to get our hands on them.”