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Insights on money, career and trading

3 Driving Tips That Will Help You Save Money

Posted on July 25, 2018 by Daniel at 3:20 pm

Anyone with a car knows that having this possession can get expensive. From buying the car in the first place to paying for repairs and then keeping gas in the tank, owning your own vehicle can be one of your biggest monthly or yearly expenses. Luckily, there are quite a few things you can do that will help you to save money and can even help you become a safer driver. To show you just how you can accomplish both of these goals at the same time, here are three driving tips that will help you save money.

Know When To Buy Gas

Gas is one of the main items that you’ll spend your money on when it comes to your car. Because of this, it’s worth knowing when the best times to fill up your tank are. According to Debra Atlas, a contributor to Money Crashers, you should try to buy gas during the beginning of the week. As the weekends close in, many gas stations will raise their prices in the hopes of making more money off those traveling on Friday, Saturday, and Sunday. As for when in the day to buy your gas, the cooler temperatures in the early morning and late evening make gas denser, which means you’ll get a bit more of it when you pump verses paying that same amount during a hotter time of the day.

Increase Your Aerodynamics

Another part of your driving that can help you save money is making your car more aerodynamic. Once you’ve bought the vehicle that you’ll be driving, there’s very little that you can do to change the actual design of your car. But regardless of this, you can do things that will make your car move more easily on the road. According to Steve Huntingford, a contributor to The Telegraph, closing your windows and sunroof along with taking off a roof rack or ski box on top of your car can help increase your aerodynamics and help you get better overall gas mileage. Especially if you’ll be going on a long trip, this might be something you want to consider to help save you a bit of money along the way.

Don’t Drive Aggressively

Some of your actual driving habits might also be costing you money on the road. According to Kerri Anne Renzulli, a contributor to Time Money, shares that driving too aggressively can add more wear and tear on your car as well as reducing your gas mileage. Not only this, but aggressive driving can also be unsafe and cause you to have more car accidents. So if you currently do things like speed up very rapidly, brake quickly or hardly, or consistently drive at fast speeds, you could see a significant decrease in the money you spend on gas if you can remedy these aggressive driving habits.

If you’d like to save money when it comes to driving your car, consider using the tips mentioned above to help you do just that.

Insights on money, career and trading