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How To Save At The Gaspump
By: James Dimmitt
With some analysts predicting gas prices to peak at as much as $2.50 per gallon
or more, those of us on a budget will have to find ways to meet the higher cost
of fuel or cut back on our gas consumption.
Five weeks ago I was able to pay $1.77 per gallon at a local station; the price
has now jumped to $2.19 per gallon and climbing. So now when I fill up my
13-gallon gas tank I’m paying $5.46 more. Filling up twice a week, or about 10
times a month on average, will cost me $54.60 more each month.
Fortunately, I have some wiggle room in my personal budget to meet this
increase. For those who don’t have that flexibility, here are some tips to help
you survive the pumped up prices awaiting you at your neighborhood gas station:
Maintain Your Vehicle
Keeping your tires properly inflated,your engine tuned, and checking your oil
regularly are a few small ways that will help you save on fuel consumption and
costs. Under-inflated or over-inflated tires can cause poor handling. You’ll
also have to replace your tires more frequently. A well-tuned engine, along with
regularly scheduled oil changes, will help your vehicle work properly and more
efficiently, using less fuel.
Combine Frequent Short Trips
Instead of making several short trips for shopping, doctor’s visits, and other
errands, combine these short trips into one larger trip. Arrange your route so
that you can go from point A to point C without having to back track to get to
point B without wasting time and fuel.
Carpool and Use Other Modes of Transportation
Two or more can travel cheaper if they “pool” their resources. Take turns with
neighbors on trips to the grocery store and for other errands, including
activities with the kids. Hop on a bicycle or walk if you’re within a mile or so
of your destination. You’ll cut down on fuel use and get some exercise too!
Monitor Your Driving Habits
Watch those jackrabbit starts and don’t be a lead foot. Drive at moderate speeds
- you use more fuel per mile when you drive faster than 55 mph. Limit your use
of the air conditioning to when you are out on the highway.
Search Online for Lowest Prices
Finding the lowest possible price in your area can help to lower your fuel
bills, especially if you fill up often, but don’t go crazy driving all over the
place to save a few pennies. Search sites like www.gasbuddy.com and
www.gaspricewatch.com to find out the rates in your home area as well as where
you work or travel.
Use Premium Only if Required
Premium octane fuel is usually only required for luxury vehicles and sports
cars. You can save up to 20 cents a gallon or more by using a lower-octane gas.
Putting premium gasoline in a car that doesn't need it won’t harm the engine,
only your wallet.
Don’t Believe The Hype!
It won’t be long before you’ll see commercials and ads for “miracle” fuel
boosters and other such flimflam promising to help you save fuel and money.
Remember, miracles are for God. Avoid the hucksters and their hype and save the
money you’d spend on worthless products – you’re going to need it for the higher
gas prices anyway!
About the Author:
© 2005, http://www.yourfreecreditreportnow.com Author: James H. Dimmitt James is
editor of “To Your Credit” a FREE weekly newsletter focusing on managing your
personal finances and credit. Subscribe and get a FREE copy of your credit
report when you visit: http://www.yourfreecreditreportnow.com
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