I saw this on U.S.A Today that the U.S. household spent an average of $2277 on gas in 2006. This is up 78% from 2001.
It’s no surprise that the price of gas has gone up over the years. Combined with gas thirsty vehicles and longer commutes, it’s no wonder that gas consumption is up so high.
So what’s a savvy consumer to do? Well, here are some of my personal tips on reducing your spending on this area of your budget.
- Take public transportation to your work or school. I’m saving a lot on gas by taking the train instead to work each day. This isn’t an option for a lot of people, so check your company to see if there are any carpool / vanpool programs. Or find a new buddy at your work / school that would be willing to carpool together.
- Walk to you destination. I’m glad to live a few minutes away from the supermarket and drug store. Sure, it takes longer to walk than to drive, but it’s better for the environment and it’s better for your body. If you have errands to run and the stores are close enough, consider walking instead.
- Get a credit card that gives you cash back. Check the citibank website for credit cards that give up to 6% cash back on your gas purchases. 6% of $2277 is $137 you could be saving each year.
- Finally, for something more drastic, switch to a more fuel efficient car. Quit driving those SUV’s for goodness sake. I love my Toyota Corolla. The car is over 10 years old, but I still easily get over 30 miles to the gallon. I’m guessing that in a couple years, more and more people will be driving hybrids or vehicles that run on bio-fuel.





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I have a 1994 Nissan Sentra and still get 33-35 MPG on the highway. Nowadays, I get a little less than 30 MPG around town.
I will be looking for a new car in the not to distant future and I will probably stick with a used 4 cylinder!
Gotta love the Japanese spirit and TQM.
Comment by The Happy Rock — January 7, 2008 @ 8:49 am