It’s undeniable that gas prices have been rising across the country. You’re probably starting to feel the pinch and wondering how you can alleviate some of the pressure. And it’s not just drivers who are feeling the uncomfortably high gas prices, the gas stations themselves are feeling the pressure as well.
Thankfully, there are some ways that you can reduce your expenses. You should be able to find some of the relief you need with these six strategies.
Investigate gas station loans
If you’re a gas station with fewer customers, or customers patronizing your convenience store less often, your business can be in dire times. It can be challenging to meet payroll expectations or effectively advertise for your gas station with fewer customers coming through the doors.
One option might be to investigate gas station business loans, which may help remove some of the pressure you’re under and put you back on your feet until you can keep up again.
Enroll in gas reward programs
Many drivers find that they continue to stop at the same gas station repeatedly. If you have a favorite location, inquire about a rewards program.
Gas station reward programs will often allow you to earn points every time you fill up your tank. You can redeem those points to help you save money on more gas or to get discounts in the convenience store.
Buy gas on Mondays
You might not believe it, but buying gas on certain days of the week is cheaper than others. Wednesday, Thursday, and Saturday are the more costly days, but Monday tends to be less expensive. By changing what day you fill up, you might save money.
Switch to electric
Switching to an electric car will incur the initial cost of purchasing a new vehicle, but if you’re in the market already, it is worth considering it. The change to electric saves you trips to the gas station since you will use less gas.
Some factors to consider are brand, if you want a fully electric or a hybrid vehicle, and, of course, what car charger is suitable for you.
Take fewer trips, but get more while you’re out
Instead of taking numerous trips out in your car, plan carefully. Decide where you’re going, and make the most of every trip. It’s more economical to take a single trip from your home throughout the day than to take multiple trips.
For example, when you’re at the store, try to buy everything you need plus a little extra to cut down on future trips throughout the week.
While you might think that getting to your destination as quickly as possible is the best course, think again. According to a government study from 2013, you could increase your cost per gallon by $0.30 for every five mph over 50 you go.
Instead, use cruise control where you can and keep your speed reasonable. Avoid speeding up or slowing down rapidly, as that may cause your engine to overwork and burn through gas more quickly.
These are challenging times for everyone. Take advantage of what reward programs and offers are available, and use common sense and caution to reduce the cost of gas eating up your entire budget.