10 Ways to Save Money at the Pump in 2022
Posted
on Thursday, April 7, 2022
in
Financial Education
Gas prices have reached record levels and may continue to climb. And though it may seem like that's beyond your control, there are actually some steps you can take to stretch your gas money a little farther, which include:
Shopping around. You've probably noticed that gas prices can vary significantly from station to station and city to town. To find the cheapest gas stations near you, visit websites or download gas saving apps.
Signing up for rewards. Many stations offer reward programs that offer discounts or points that can be used toward future fill ups.
Paying with your credit card. You could also get a rewards credit card that may offer rebates on gas. Just be sure to pay your bill on time to avoid costly finance charges.
Planning your travel. You can minimize travel by planning your activities and errands on the same day instead of making separate trips on different days.
Sharing the ride. If you commute to work, see if you can find others who live and work near you to carpool. It could save you a lot of money and get you access to the carpool line on the highway.
Avoiding peak traffic times. Traffic will greatly increase gas consumption. So, try to avoid peak commute times by staggering your work hours or even better, working from home.
Traveling lightly. Transporting extra cargo can reduce your gas mileage, so leave the excess baggage at home.
Taking it slow. According to fueleconomy.gov, each mile you drive over 50 mph can lower gas mileage by 7% or more.
Maintaining your car. Schedule regular maintenance and get your car tuned up to keep the engine running efficiently.
Getting a fuel-efficient car. If you're thinking about purchasing a car, now is a great time to make fuel efficiency a priority. You can visit fueleconomy.gov for mileage estimates on a variety of makes and models.
Gas prices may high, but if you buckle down and plan a little, you can make them more manageable.