Debt Relief Will Add Up a Few Pennies at a Time
Cutting down on gas usage
Consumers wanting a little extra debt relief can start by thinking about their gas tanks. It’s no secret that gas prices can vary widely in today’s fluctuating economy. With heavy mileage, driving a car can strain anyone’s finances. Here are some ways to cut back on gas costs.
Comparison shop
It’s convenient to visit the local gas station, but it may not be cost effective. Be aware of the difference in prices at gas stations along your daily commute, and check online tools like GasBuddy.com and BillShrink.com that will tell you what the gas prices are on your route. Samir Kothari, founder of BillShrink.com said, “People need to be aware of the varying gas prices. The difference can be up to 50 cents in savings per gallon.” A little strategic planning can save you quite a bit.
Pay with cash
Last summer some gas stations started charging higher prices for customers who pay with credit cards. The concept is to pass the processing fees from credit cards onto consumers who benefit from the charges. Some gas stations, however, are finding other ways around credit-card costs. For example, ARCO restricts payments to cash which allows stations to charge 5 to10 cents less per gallon.
Use warehouse club gas stations
Jason Toews, founder of GasBuddy.com, says, “It depends on local market conditions, but usually [warehouse clubs] sell [gas] cheaply enough so that they’re beating out the competition.”Sam's Club, Costco, and BJ's all sell gas at a discount. For example, BJ’s in York, Pennsylvania, sells regular unleaded gas for $ 2.59, but the locals sell it for $ 2.65. Finding debt relief a few pennies at a time adds up, especially if you drive a lot.
Maintain vehicles
You can improve fuel efficiency by properly maintaining your vehicle. Properly maintaining a car doesn’t necessarily involve making expensive repairs. It only means to engage in the normal day to day care of a vehicle, such as properly inflating tires, changing oil and filters when it's time to do so. Most oil-change stations help customers keep track of their maintenance schedules. Take advantage of free service reminders, like email notices.
Slow down
Studies show that drivers pay on average 24 cents more per gallon for every 5 miles of speed over 60 miles per hour. Hard braking and rapid acceleration can reduce gas mileage by 33% on highways and 5% in town. The easiest and simplest way to cut back on driving costs is to alter your driving habits.
Get rid of extra baggage
Extra weight can increase fuel consumption considerably. According to the Department of Motor Vehicles, gas mileage decreases by up to 2% for every additional 100 pounds. Take bowling balls, bags of salt, heavy tools or golf clubs from the trunk of the car can decrease the amount of fuel used in travel.
Limit air conditioning use
According to the Alliance to Save Energy, running an air conditioner can decrease fuel efficiency by 25%. To increase fuel efficiency, save money, and find a little extra debt relief, cut down on air-conditioner usage, or at least keep the air conditioner at a lower setting.
Tags: cut back on gas, debt relief, driving habits, maintain vehicles