When you realize that you still need to trim a little more fat off your monthly budget, don’t despair. There are still some simple, and painless, ways to save. You might only save a few loonies a week, but they will quickly add up to give your budget some breathing room. Here are five ways to save money on gas.
1. Change Your Driving Habits
You can increase your gas mileage and save money by easing up on the accelerator and giving your brakes a break. If you have cruise control, use it on the highway and you will increase your gas mileage. Around town, try not to idle if at all possible, slow down gradually to stop and ease on the brakes, and accelerate slowly from a dead stop. These small changes in your driving habits will save you money on gas and your bill noticeably.
2. Know When to Buy Your Gas
It would be great if gas prices changed once a month. Sadly, they don’t. However, if they are going to rise during the week, it is usually on Thursday before the weekend comes, so avoid buying gas through the weekend too if you can. When summer holidays where people like to drive to spend time with family and friends are approaching, like Victoria Day or Canada Day, you should gas up as far in advance of your travel as possible. Gas prices go up when demand is expected to go up.
3. Where to Buy Your Gas
There are many apps that can help you to find the cheapest gas possible. But, make sure that the gas station is close to home. Never make a trip just for gas or you’ll have trouble saving money on gas. The amount of gas you spend getting to the pump just might eat up your savings if you get stuck in traffic or have to travel too far. Try to schedule fill ups around other activities, like grocery shopping.
4. Take Advantage of Rewards Programs
There are a number of rewards systems that give out coupons or discounts on price per litre for gas. Sign up through your local gas station if you haven’t already. Keep in mind that the gas at your rewards station may not have the best prices, so you might have to forego rewards points if you can get gas cheaper somewhere else.
5. Keep Your Car in Good Working Order
For starters, ensure that your tires are properly inflated and to enjoy better gas mileage, especially on long trips. A second way to improve gas mileage is by swapping out your old air filters for new ones. These two maintenance tips take minutes but will result in huge savings.
Learning how to save money on gas is an easy way to add money back into your budget. If you require more assistance on with your debt management, please contact our counsellors so they can help you to find the right solutions.