Advertising
Advertising

10 Tips to Help You Save on Gas

10 Tips to Help You Save on Gas


    With the continuing international conflicts in the Middle East, gas prices have been rising. This has resulted in much frustration among car drivers, especially since costs are already high at the pump. I am among those who feel the pinch of gas price increases, as I have to fill up my car on average once per week during the winter due to my commutes to the ski slopes.

    Advertising

    (Hey, it’s my way of embracing winter.)

    Fortunately for me, the rest of the year is really not so bad. I don’t have to venture too far since I work out of home and have to fill up my car only about once or twice per month. But. of course, I recognize that many people out there still need to do daily commutes in their cars. Today I’ll briefly outline what I do to try and keep my gas costs as low as possible.

    Advertising

    Possible Gas Savings for Your Car

    1. Don’t speed. Speeding uses more gas. Use cruise control on highways to limit how fast you drive, which saves even more.
    2. Don’t idle your engine. I still see many cars out there stopped at a driveway or parking lot waiting with the engine on. When drivers idle, gas is being wasted. Many municipalities have actually banned idling for environmental reasons.
    3. Avoid rush hours. Getting stuck in rush hour traffic is much like idling, so avoid driving during these hours whenever possible. See if you can commute before or after rush hours.
    4. Keep tires properly inflated. Under-inflated tires will also use excess gas. It’s recommended that you check tire pressure once per month–  and maybe even more during the winter when tires tend to lose more air in colder temperatures.
    5. Keep the engine maintained. In addition to tires, keep your engine well maintained with regular oil changes and other recommended service. Engines that are not properly maintained use more gas.
    6. Combine errands. I try to combine different errands so that I don’t have to get into my car for just one single thing. I’ll try to do my grocery shopping, banking and trips to the post office all on one single outing rather than take three separate drives.
    7. Take public transit. If I have to go downtown for whatever reason, I’ll try to take public transit instead of the car. Driving downtown is a hassle since it’s often stop-and-go traffic and the possibility of being stuck during rush hours is very real. Don’t forget that parking charges are often horrendous too.
    8. Get a fuel efficient car. Okay, I’m going to be a bit guilty on this since my Mustang is not exactly the most fuel efficient vehicle — but at least I have the 6-cylinder version rather than the overpowered 8-cylinder GT model. That one really gobbles up gas.
    9. Walk. For closer destinations, I’ll even walk instead of getting into my car. It’s also healthier.

    A Tip for Home Gas Users…

    When it comes to thermostats and showers, turn down the thermostat when not at home and take shorter hot showers. Wash your laundry in cold water whenever possible.

    Advertising

    Conclusion

    Long gone are the days when just putting in $5 of gas can get you around in a car for a night. We all have to deal with higher gas prices in some way or another. Each little bit of savings is a success — and little successes do add up. Hopefully, these tips will help you get some gas savings this year.

    What do you do to save on gas? Let me know in the comments below.

    Advertising

    (Photo credit: Rising Gas Prices via Shutterstock)

    More by this author

    How to Use Credit Cards While Staying Out of Debt How To Have A Brighter Future personal growth travel How You Can Broaden Your Horizons with Travel 20 Inspirational Quotes of All Time that Can Change Your Life How to Salvage Any Blown New Year Resolutions

    Trending in Money

    1 10 Best Ways to Save Money Faster and Smarter 2 8 Best Finance Apps For Effective Budget Tracking And Planning 3 How to Start Investing Without Taking Major Risks 4 13 Books on Money to Transform Your Finance Management 5 How to Set Financial Goals and Actually Meet Them

    Read Next

    Advertising
    Advertising
    Advertising

    Published on November 11, 2020

    10 Best Ways to Save Money Faster and Smarter

    10 Best Ways to Save Money Faster and Smarter

    People love to talk about budgeting, reducing spending. and investing. But unfortunately, talk is cheap, and poor money management is expensive. It’s easy to talk about the best way to save money, but putting it into practice is a different thing.

    What people need to talk about is the practical and efficient ways you can quickly save money to accomplish your goals. After all, they don’t teach this stuff in school.

    Here are the 10 best ways to save money faster and smarter.

    1. Cancel All Your Subscriptions

    Yes, all of them.

    Okay, you can keep your wifi and trash. But other than that, cancel all your monthly subscriptions for one month. You will survive, I promise. Better yet, you will realize you won’t miss all of them.

    Now that you have had 30 days to examine what you really missed and what you never thought twice about, you can add some of them back in. The others? you never have to think about them again.

    This is something you can and should do with every part of your life. If it’s clutter, cancel it. Being able to step back and see what is cluttering your life and what is excelling your forward helps improve your quality of life and financial standing.

    Advertising

    2. Automate Savings From Your Paycheck

    Many of us are so excited about getting a new job that we rush through the paperwork during the hiring process. Good news for you, I have had lots of jobs so I have seen it a million times.

    There is an option for a portion of your paycheck to go directly into a secondary savings account. This is by far the most effective way to save money every month. We tend to spend most of what we have. So, if we take it off the top first, then it’s less likely to be spent. Just head over to HR and ask. It will only take two minutes.

    3. Cancel the Happy Hours for the Rest of the Pandemic

    We are in the middle of a global pandemic, which means that there is no better time to buy some drinks from the local store and stop shelling out $5 a drink at the local cocktail bar. When we look back at our bank statements, we are always shocked that fast food and alcohol can add up so quickly. You can easily save a couple of hundred dollars just by taking this step.

    A great exercise is to print out your last bank statement and highlight all the areas of alcohol and fast food. The amount may surprise you and make you think twice about that old fashion.

    4. Online Grocery Shopping

    Some people think online shopping increases the amount they spend. For the most part, I would agree—except for this category.

    Online grocery shopping is now a no-brainer, though. Whenever you walk through a grocery store, two things always happen: you always grab impulse items, and you never know the total of your cart until you checkout. This means that we always spend more than we originally planned.

    With online shopping, you can see your total as you add items to your cart. You are way less inclined to make those impulse purchases and because of that, I would venture to say that you could even pay to have them delivered to your door and still save money each month by choosing online grocery shopping.

    Advertising

    5. Get a Famzoo Debit Card

    This is something my wife and I swear by, and it’s great for the entire family! Famzoo strictly exists to help families and kids budget their money better. Each month, my wife and I have an allotted amount loaded onto our pre-paid Famzoo debit card. This amount has changed every year depending on promotions, kids, stage of life, etc.

    The important part is that when you give yourself the freedom to spend a certain amount, you are more likely to only spend the allotted amount. Think of it as a diet. If you are counting calories, you are more likely to stick close to the amount you set. You can also look for some tips online to better stick to your family budget.

    6. Purge

    This is actually my favorite to do, and it is actually one of the best ways to save money. Raise your hand if you have ever moved. Okay, so everyone.

    When we move, we are always amazed at how much junk we have acquired. I have found that about every 6 months, I can find a couple of boxes to sell online of things that we never use. This not only gives you so extra quick cash, but it also keeps your house more tidy and organized.

    Now, go clean out that garage!

    7. Amazon Subscribe and Save

    32! That is how many items I have setup on amazon subscribe and save. Let me explain.

    This sounds expensive, I know. But it actually saves us hundreds of dollars per year! We all need toothpaste, shampoo, razors, laundry detergent, toilet paper right? This feature is truly a triple threat. When you have more than 5 items on subscribe and save, you automatically unlock the max savings for every product on your list. This can be up to 20% per item!

    Advertising

    Now, even better is that it ships straight to your door on the exact day you want the item, maybe monthly or maybe you only need it every 4 months. This way, you never have too much or never run out. Either way, it’s totally customizable.

    Lastly, there is no contract for any items, which means you can switch brands or items at any given time at no cost. My advice: every single staple item should be on your subscribe and save.

    8. Rewards

    This may ruffle some feathers, but if you are using your debit card for purchases, you are missing out on free money! We have this notion that credit cards are evil but in reality, they are the same piece of plastic as your debit card.

    How you use it can be bad, don’t get me wrong. But if you want my opinion though, ditch the debit card and get a rewards credit card. Use it just like you would your debit card and make sure to pay it off as soon as the statement comes in!

    Just to give you an idea of how powerful this can be in terms of money, here are some things that our miles have paid for:

    • 4 nights in Vail with Flight
    • Rental car in Vail (convertible might I add)
    • Flight to Ireland
    • Flight to Hawaii
    • Multiple staycations at very nice Hotels

    That’s roughly about 7 thousand dollars in travel expenses so far! Remember that the credit card is just a tool and can be one that benefits you if you use it wisely. Ironically, this can be an effective way to save money.

    Pro tip: If you don’t trust yourself carrying around a credit card, then set up all your monthly bills with your credit and leave it in a drawer at home. This way, you rack up miles but don’t get tempted to overspend.

    Advertising

    9. Vacation With Friends

    Now, I know travel is hard right now but what a perfect time to go grab an Airbnb in the woods with a couple of friends and detox from the world right now!

    Vacationing alone can be pricey and get rather boring quickly, but if you split lodging and set out for a road trip, it can become affordable quickly! For a couple of hundred bucks apiece, you can have one of the most relaxing vacations ever. Don’t forget to pick up your food at the local grocery store to avoid eating out every meal!

    10. Make a Budget

    When is the last time you updated your budget or made one for that matter? Making a budget is like writing down your goals. If you don’t make a budget, then you will struggle to save.

    How can you know if you are spending wisely if you are not tracking everything?

    Our advice would be to get a finance app like Mint, Every dollar, or personal capital. All these apps are free and do a tremendous job of tracking spending and budgeting. I still am old-school and have an excel spreadsheet which I do highly recommend.

    Work Smarter, Not Harder

    The entire goal is to boost your bank account while reducing the effort required. Efficiency is the name of the game, and automation is the key player. Luckily, we live in a world that has more perks than we can ever take advantage of. But if I were to choose a few, it would be the ones above.

    Taking on all 10 of these steps may seem a little daunting. You can first try to pick three of your favorite and start there. Saving money doesn’t have to be a chore as long. As we use the tools correctly, it can be quite effortless. And now, you have a great blueprint to get started!

    More Tips on Saving Money

    Featured photo credit: Sharon McCutcheon via unsplash.com

    Read Next