My mom and I were discussing the price of gas the other day. I told her that I’d just paid $3.96 a gallon; I was shocked that the price was so high and wasn’t happy about spending $50 to fill up my car. Her response was, “I never really worry about the price of gas — what will I do? Not buy it?”
This is an interesting topic to address. People are upset over rising gas prices, but they often aren’t willing to do anything to change its effect on their bank account. Gas is a large monthly cost for my wife and me, but will we stop using it? No. That wouldn’t be a plausible solution. There are, however, some other options to consider.
Better Gas Mileage
Better yet, no gas mileage? New electric cars have hit the market to mixed reviews; some recommend them, while others are quick to point out their flaws. There are several issues with electric cars, such as a lack of charging stations and the short duration of charges.
Hybrid cars use a combination of gas and electricity to power the vehicle. These can save significant amounts of gas, offering a great middle ground alternative. One downside is that these cars are expensive, and they’ll definitely take some time to pay you back at the pump.
Public transportation comes in many forms. Many cities have public buses, trains, and/or subways. These are typically offered at a monthly rate and can save you a lot in fuel money. Saving money and not having to drive are some significant advantages. These alternate forms of transportation are only offered on a certain schedule, however, so you won’t be able to pick your exact travel times.
Biking and walking can save money and are also excellent for your health. I have friends who bike to work and love both the cardio workout and the savings.
Splitting up driving with coworkers or friends can go a long way. Instead of driving to work every day, why not find a coworker who lives nearby? This would save you half of the gas it costs to go to work. It’s that easy. Though you’ll sacrifice some travel time freedom, it won’t be nearly as much as with public transportation.
You don’t have to limit ride shares to work, either; if you’re going to the same place as someone who lives nearby, it’s always more environmentally and fiscally intelligent to carpool.
How do you cut down on your spending at the pump?