Tuesday, May 17, 2011

High Prices at the Pump


I don’t think I will ever understand the reason gas prices fluctuate as often as they do. I read the newspaper just like a lot of people do, along with websites that have articles about car finance, world news, and current events. Yet, I seem to have missed something because as I keep hearing about the cost of each barrel lowering, but have yet to see any change at the pump.


I do know that things take time and at times it’s kind of a trickle down effect. What I don’t understand is how it never trickles down far enough to ever reach the one’s it’s affecting the most.

The average American family is currently spending about $370.00 per month for gas. That’s more money than some people are even paying for their used car finance loans. Add insurance for the vehicle on to that number and for some people that’s as much as their house payment. Car financing for a vehicle can be a little pricey if you have any type of credit problems, this people usually expect. What I don’t think anyone ever expected is that gas would be this so high that people could barely afford to even drive to work. There are a few things you can do to save money so that you can at least afford gas for work though.

The first thing is making sure your oil is changed regularly. You would be amazed at what a big difference it can make in your miles per gallon and daily performance of your vehicle. Next, check your tire pressure on a regular basis; you would be surprised how much a small thing, can make a big difference.

So whether you paying too much for gas, or car finance, there is always a way to save money. Your best bet is to take the time to research different way that you can save money throughout the year. One thing you can be sure of is that even if gas prices do go down, something else will probably go up.

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