Three Tips on How to Slow Down and Save Money
Filed under: Budgeting & Planning, Economizer, Family Finances, Health, House & Home, Insurance, Saving, Shopping, Travel, Weird & Wonderful
You'd think with the warmer weather we've been having, people would become more relaxed on the roads and might even slow down a little. After a road trip this weekend, it seems the opposite is true. The clearer and drier the highways, the more likely people want to feel like they're flying to where they're going to.But with gas prices on the rise, it would seem in most people's interest to save where they can. And really, the only way to save is to slow down -- and not just on the road. Here are a few tips on how we can all benefit from slowing down in the car and in our lives.
Slow Down and Pay Attention to the Road
Not only is it a known fact that the faster you drive, the faster you're using up your fuel, but it's also likely if you're not paying attention when you drive you're more likely to get into a fender bender or worse. I was reminded of this when a friend of a friend was driving while texting and rear-ended a woman stopped at a stoplight. The victim - who suffered back injuries - has not been able to work since the accident and the driver no doubt feels extreme guilt and pays much larger insurance bills than she used to.
If you get a speeding ticket, it can drive your insurance rate up and if you get a major ticket or infraction, your insurance rate could go up as much as 50 per cent.
It was hard to do, but in the same week I started researching this hypermiling thing, gas prices spiked to almost $1.30 a litre. It was also the week I got my first real speeding ticket. I took all of it as a sign from the Fates that I should probably slow down a little.
"Hyper-what?"
If you want to get everyone going at the watercooler, just mention gas prices.
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