If you are like many, gasoline’s rising historical cost may have you and your family in a financial crunch. Despite the current price, gasoline is a volatile commodity that experiences some violent shifts from prices we are at now to prices almost twice the current level. Whether it’s getting back and forth to work, on weekend getaways, or just to the grocery store, you will be glad to know that there are several ways to save money when it comes to your necessary commutes.
Carpool. If you live near colleagues who happen to be traveling to work at the same time as you, it may be a good idea to carpool and save on the cost of gasoline. For instance, one colleague can drive one week and another the next. Depending on how many people you are commuting with, you could save a significant amount of money on gasoline costs and general everyday wear on your vehicle.
Drive slower. The harder your vehicle has to work, the more gasoline it will use. Not only is driving cautiously the safest thing to do, but it’s also an economical choice. When you accelerate and/or brake quickly, you will use more gasoline. Therefore, avoiding sudden actions could save you some extra bucks on the highway.
Scale down. We all know that some automobiles use more gasoline than others, so scaling down to a smaller vehicle will help you save at the pump. When shopping for a more economical choice in automobiles, look for good gas mileage per gallon.
Fill up when prices are down. You can save a significant amount of money by filling up your vehicle when gas prices are at a low point. Depending on your automobile, it may not be easy to let go of this much cash all at once, but it will save you money in the long-run.
Don’t leave your motor running unnecessarily. Many people, especially during the warm summer months, will leave their automobile and air conditioner running while they go into the store. Instead, roll down the windows or wait until you return to the car and turn the air conditioner back on. Remember, you must NEVER leave children or pets inside of the vehicle.
The information contained in this article is designed for reference purposes only. It should not be used as, in place of, or conjunction with professional financial or motor vehicle operational advice. For more information on your automobile’s gas mileage, refer to the owner’s manual that accompanied your vehicle.
To find the lowest gasoline prices near you, you can visit https://www.gasbuddy.com/home to see the lowest prices in your area. The key to saving money on gasoline is part of one’s overall step to maintaining a budget as car expenses for many are a large portion of one’s budget when you include car loan payments, insurance, maintenance, and unexpected repairs that will always come up at the most inappropriate time. For a good budget spreadsheet and tools, visit https://kgmeyerpc.com/financial-tools/.
For assistance with budgeting or to get the assistance of a Registered Financial Consultant based in Nashville, Tennessee visit https://calendly.com/kgmeyer/15min.
