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Saving Money

How to Save Money as a Modern Driver

A quick skim through automotive headlines and you’ll notice the outlook is not too bright in 2021. Rising gas costs, record-breaking sticker prices, and restricted inventories spell disaster for a once thriving industry. It’s a reminder of how much can change in a year. Now, the best option for modern drivers is to remain flexible. Unless your wallet says otherwise.

To navigate the economic turmoil of driving a car in 2021, here is brief list of money saving hacks to consider.

Open a cash back credit card for fuel purchases

Driving a car comes with subsidiary expenses. Gas happens to be one of the biggest items. The uptick in gas prices across the nation means every drivers’ take-home pay is a bit less after commuting to and from work each week.

To alleviate the impact of fuel costs, consider a credit card with cash back offers on gas purchases. There are several card options available so you’ll have to do some research. However, most offer up to 5% cash back. We’d say that’s a pretty good reward!

How to save money: take the eco-friendly route

A new feature to Google Maps allows drivers to choose the eco-friendly route, which shows the most fuel-conscious direction from point A to point B. If you allot extra time for your commute, this option could help decrease your number of stops to the gas station. As a direct result, help you to spend less each week.

Monitor your tire pressure

Low tire pressure robs your vehicle of performing its best. With loss of traction over time, your vehicle will have to work harder to get you to and from your next destination. Therefore, it’s important for drivers to keep a close eye on fluctuating tire pressures. The best tip is to keep your psi at 32-35 at all times.

Think you know how to save money? Here is the best decision you can make

The tips mentioned above will undoubtedly help prevent a modern driver from loosing financially stability in 2021. Yet, the best piece of advice we could offer is saving up for an electric car. Yes, that means ditching your gas guzzling engine for a greener mode of transportation.

Making the switch to an all-electric vehicle has many long-lasting benefits. One specific being no more trips to the gas station. Wavering gas prices will have no affect on you, just where to find your next charging station.

Moreover, as EV options become more fiscally attainable, modern drivers are starting to notice a new way of how to save money. Plus, not every electric vehicle has to be a Tesla. There are some pretty outstanding competitors that won’t cost an arm and a leg. For instance, the 2022 Nissan Leaf EV retails well below the average price per car in 2021 and boosts a spacious interior cabin.

 

 

 

 

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Linzi Martin
Linzi Martin has worked as a content manager, consultant, and writer for the past six years. She's handled everything from blogs and articles to e-books and social media content. Her work has been featured in various publications including Apartment Guide, The Startup, and Voyage Magazine. Outside of work, Linzi enjoys staying active, frequenting new restaurants around South Florida, and spending time with her family.

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