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We’re all feeling the pinch right now. More of us than ever before are looking for ways to save money and keep ourselves in the black. Sadly, with the cost of living always increasing, our salaries remaining the same, and not forgetting the looming threat of redundancies and company closures thanks to the COVID pandemic… it’s easy to feel financially overwhelmed.
One of the most expensive outlays you probably have each month is your car. From finance payments to fuel costs, repairs and maintenance, and of course all the other expenses, like having it valeted and waxed. Even after spending all this money on your vehicle, if you get yourself caught up in a crash then you could find yourself in a serious financial situation – find and speak to an Orlando based car accident lawyer if you’ve been injured in a road accident.
You’d probably save yourself a bundle of money each month if you could simply get rid of your vehicle, however for most, it’s just not a viable option. So, with this in mind let’s take a look at how you can cut down on your travel costs and save yourself a little more money this month.
Check your insurance premiums
You could be able to save yourself hundreds of dollars a year just by checking your insurance premiums and comparing them with other providers. If you want to save even more money on your insurance then focus on ways you can get your premiums reduced, such as taking a defensive driving course, consider paying for your coverage upfront, or look into joining another policy and increasing your cars’ security.
Remember: Never compromise your coverage to save money. Having the right cover is essential in case you become involved in an accident or your vehicle is damaged/stolen/written off.
Cut down on your fuel costs
The best way to save money on fuel is not to use as much. If you can avoid using the car then do so. Whether that’s walking to school and work, or spending the weekends at home rather than driving around looking for things to do.
You can save money on fuel costs by comparing different gas stations before you fill up. If your local grocery store doubles as a gas station, see if they have any deals on money off fuel. Just be wary of driving miles out of your way to fill up on cheap fuel – it’s a false economy and you’ll end up spending more!
Drive to save fuel
If you can’t get away from using the car, then changing your driving habits to save fuel could help you. Keeping your tires at the right pressure, getting the car serviced in good time, driving in the right gear and removing any additional weight on the roof or in the trunk will help keep your tank fuller for longer.
And finally, get on your bike!
If you mostly use your car to get to work, then why not swap it for something much cheaper. Investing in a bicycle will not only keep your travel costs down, but it’s also good for your physical and mental wellbeing.