Your Car Is A Big Montly Expense Tips On How To Lower Car Bills

Trimming The Fat: Forty Ways To Reduce Your Monthly Required Spending

By TrentJune 24, 2007

One of the biggest challenges in personal finance is figuring out ways to reduce the regular bills that we all face each month. These continuous regular expenses simply fill up our budget, leaving us less money to invest for the future – and also less money to spend on things that we enjoy.

The best approach for trimming required spending is to simply walk through all of the required expenses and look for ways to lower that number. Here are forty techniques you can use to do just that, divided up into several sensible categories.

Automobile

Automobiles are money pits – they constantly go down in value, devour fuel by the gallon, and often require all manner of repairs and maintenance work. How can we reduce the cost of automobiles in our monthly budget?

Use public transportation If you have an option that enables you to ride to regular destinations (such as work, the store, or a shopping center) instead of using your automobile, you can save quite a bit of money on gas and maintenance by just dropping a few coins on the bus or the rail system and leaving the car at home (or parking it at a station). In fact, during my earlier days, I exclusively used public transportation and it was painful to add an automobile to my monthly finances.

Sell an automobile If an automobile is sitting in your driveway or garage and isn’t used, consider selling it. If nothing else, the insurance expense will go away, and if you can use the money from the sale to pay it off or, better yet, pocket some of the money, even better.

Carpool If you have an opportunity to share a ride to and from work with someone else, that not only significantly reduces wear and tear on your car and gas expenses, it enables you to use any carpooling lanes on the commute, which almost always save time when commuting and allows you to drive at a speed that .

Keep the tires on your automobiles inflated properly Once a month, stop by a local gas station that offers free air and check the air pressure in your car tires, then fill each one to the maximum recommended amount as stated in your manual. This improves gas mileage by one percent for every two PSI of air you are able to add to your tires.

Help Lower Your Monthly Bills is a blog dedicated to helping you save money on your monthly bills. We find the best money saving tips and offer them on our easy to navigate blog. We also offer a easy to use workbook that is guaranteed to lower your monthly bills and save you hundreds of dollars a year. Hopefully you find this information helpful and put it to use in your montly budget!