4 Ways to Protect Your Wallet Against Rising Gas Prices

by Darwin on April 1, 2022

Countless companies, like Research America, use market research to obtain demographics like age, gender, and even income. However, when it comes to current gas prices, income doesn’t seem to matter: it’s high for everyone. With an average price of $4.50 a gallon—and as high as $7 in some states—the public is needing to save on gas now more than ever. If you want to save more at the pump, here are some tips.

Carpool

Why drive somewhere and waste gas when you can hitch a ride with someone else? Carpooling is a great way to save money on gas. Instead of driving to work every day, have another worker pick you up if the two of you are close by, and the two of you could switch off every other week to make it fair, or you could drop them some money. The same could be done for nearly every other situation: going to the gym, the grocery store, or even the park—as long as you have somebody to share a car with.

Travel By Other Means

Do you have to drive everywhere? If you’re able, you might want to consider walking or riding a bike wherever you need to go. Obviously, this will be dependent upon where you live and how far away you are from certain places, but if your gym is within a mile or two, try jogging there instead!

Search for the Cheapest Options

If the price is going to be high regardless, you can at least find the cheapest option available. This might mean scouting out different gas stations to find the lowest price by the gallon, or even utilizing specific membership gas stations, like Sam’s Club, which typically has a fairly cheaper price tag than average stations. You might also be capable of using fuel-saving options via gas station apps or promotions.

Plan Your Trips

The less you have to drive, the better. One way to do that is by planning your weekly excursions in advance. By planning out what day you’ll do your groceries shopping, drive to your specific gas station, the home center, and anywhere else you need to stop during the week, you can hit them all at once to reduce the amount of back and forth, which takes a toll on your gas gauge.

Closing Thoughts

We’re all hoping gas prices will bounce back to normal sooner rather than later, but saving as much money as possible should be your main priority in the meantime. By using these tips, you’ll be able to save as much as you can—and maybe you’ll still be able to afford your rent, too.

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