When you’ve got a family to look after, it makes it all the more important to be frugal with your finances. You want to keep expenses to a minimum and save as much as you can. The key is identifying areas of your life that cost a lot of money.
Which brings us nicely onto the point of today’s article; how to save money on your car costs every year. Your car is undoubtedly part of your life that consumes an awful lot of money. There are multiple running costs you have to pay throughout the year, every year. The worst thing is, these costs don’t feel like they’re that bad individually. But, as a collective, they can eat into your budget and make family life more difficult.
So, here’s my advice on how you can reduce your car costs and spend less every single year:
Learn How To Drive Economically
I think every dad in the world is guilty of spending a fortune on their fuel. It’s not really our fault, we drive ourselves to work and then act as a taxi service for the rest of the family. Understandably, it can be nearly impossible to cut down on how much you drive per week. There are just certain commitments between work and the family that you need your car for.
So, the solution is to learn how to drive economically. This idea is designed to help you use up less fuel whenever you drive. There are loads of little things you can do while driving to achieve this. I’m talking about things like easing up on the accelerator and not being so forceful so that your engine doesn’t have to work as hard. Or, learn how to shift gears quicker for optimal engine performance. Like I said, there are loads of things you can do, and they’ll all help you drive better and use up less fuel.
Shop Around For New Insurance
If you’re like me, then you probably stuck with the same car insurance provider for years. Little did I know that I was overpaying for insurance and wasting loads of money. You find a provider and just decide to stay with them because it means hardly any effort gets wasted on your behalf. However, there are loads of car insurance quotes out there from other providers that might be way cheaper than what you’re paying. So, by staying with the same company every year, you’re missing out.
Plus, every car insurance provider will have special deals for their new customers. They’re all keen to get new customers on their books, and they use deals to do just that. So, you can get some massive savings on your car insurance if you always shop around every year.
Change Your Own Tires
This tip is so brilliant I hate myself for not knowing it sooner. We all know that car tires don’t last forever, right? They wear down and need replacing, which can cost a lot of money. Especially when you think that you’ve got four tires and they’ll all wear down at some point. Again, much like you can’t stop yourself from driving a lot, you can’t really stop tires from wearing down. However, what you can do is make your tires last longer, and avoid spending loads to change them all the time.
All you have to do – and this is quite brilliant – is change your own tires, but rotate them with one another. What I mean by this is that you move the back ones to the front and vice versa. Why would you do this? Because most cars are front wheel drive which means the front tires wear a lot quicker than the back ones. So, you’ll need to get them changed earlier and more frequently. But, if you switch them with the back ones, you can get an even wear on all your tires and ensure one set doesn’t need to keep getting changed while the others last longer. You extend the life of all your tires, and make changing them less frequent, saving you lots of money. Plus, by rotating them, you don’t have to buy new tires for a long time! Again, you save an awful lot of money.
Cars can be so expensive to run, but you can do things to save money every year and reduce the running costs. If I had to narrow it down to three key areas of your car, I’d say focus on fuel costs, insurance, and regular maintenance costs.