5 Practical Ways to Save Money on Gas This Summer

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Gas pump display showing the price you pay for high gas prices — _{Image Credit: https://www.shutterstock.com/g/svanhorn}

With gas prices fluctuating constantly, it can be difficult to budget for this expense. Luckily, we have some thrifty tips for that! Whether you’re traveling to visit family or just running errands around town, these simple tips can help you stretch your dollars and minimize the impact of rising gas prices on your retirement budget.

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1. Use Gas Price Comparison Apps

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If you’re looking for the best bang for your buck when it comes to gas, consider using price comparison apps. These are apps that allow you to compare gas prices at different stations in your area, helping you to find the cheapest prices without having to drive around town. Here are some popular choices to get you started:

GasBuddy finds you the lowest local prices on gas.
Waze not only tells you where to fill up but also provides directions to the station.
Upside offers cashback rewards for purchases on gas and other goods!

2. Drive Efficiently

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Believe it or not, the way you drive can have a considerable impact on your fuel economy. Avoid aggressive driving habits like harsh acceleration, sudden braking, and speeding, which can waste gasoline and money. Instead, aim for a smooth driving style by maintaining a steady speed and using cruise control whenever possible. In fact, frequently using cruise control can save you between 7% and 14% on gas!

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3. Use Fuel Rewards Programs

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Many fuel rewards programs offer discounts, cashback, and other perks to customers who frequently purchase gas. To take advantage of these programs, explore your local gas stations or chain retailers for rewards programs you can join. Be sure to carefully review the program rules and regulations to understand the eligibility criteria and the types of discounts offered. Here are a few popular chains that offer fuel rewards programs:

4. Plan Your Trips Wisely

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If you’re retired, you probably have a more flexible schedule than when you were working full-time. Make the most of this flexibility by planning your trips efficiently. Combine errands or schedule appointments on the same day to reduce the number of trips you need to make. This will not only save you money on gas but also extend the life of your vehicle and reduce stress.

5. Maintain Your Vehicle

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Proper vehicle maintenance is essential for ensuring that your car is running well and using gas as efficiently as possible. Basic maintenance tasks such as regular oil changes, tire rotations, and tune-ups can improve your car’s gas mileage, saving you money on gas in the long run. Additionally, keeping your tires inflated to the proper pressure can improve gas mileage by up to 3%!