The most common answer people get when they ask how to reduce their car-related expenses usually involves less driving and more public transportation use. While keeping your car at home is probably the best way to keep gas money in your wallet, this is not a feasible or practical option for everyone. Depending on where one works and lives, the use of a car is the only transportation option that some people have. This does not mean, however, that regular drivers cannot save money.
Today, we offer the following tips to keep your driving costs at a minimum:
Avoiding driving during rush hour – Creeping along the highway and sitting in stop-and-go traffic does nothing but drain your gas tank. Many offices offer flexible work environments that give you some leeway as to when you can arrive in the morning. Leaving your house 30 minutes earlier or later can be the difference between a smooth ride to work and gridlock.
Driving the speed limit – When you think about it, driving a few miles per hour over the speed limit really isn’t going to get you to your destination that much earlier. According to Edmunds, driving 60 miles per hour results in 12 percent cost savings over driving 75 mph. In addition to saving gas, you’ll also avoid expensive speeding tickets.
Not moving erratically – Aggressive driving that involves speeding followed by quickly slamming on the breaks puts unnecessary wear and tear on your car and spoils your fuel economy. This type of driving may also increase your likelihood of being involved in an accident.
Hopefully, with these car-related cost savers, you’ll have more money in your budget for a new term life insurance policy or an increase in your current coverage. Visit LifeInsure.com and use our convenient quote generator to find out which policies you may be eligible for.