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How to Save Money on Gas 2008-03-28 08:24:03

Money Tip: Save by Easing Up on the Gas Pedal


Save and gas aren't two words we're used to hearing in the same sentence — in fact just this week there was news that gas has hit the $5.20 mark in Gorda, California. It doesn't feel like too long ago when $3 seemed expensive for a gallon of gas. But we continue to pay the always increasing gas prices out of necessity, and if you live in a place where public transportation doesn't exist your wallets are probably feeling the strain by now.

CNN Money reported that "in a typical family sedan, every 10 miles per hour you drive over 60 is like the price of gasoline going up about 54 cents a gallon. That figure will be even higher for less fuel-efficient vehicles." That's a huge jump! However, you'll arrive 50 minutes sooner to a 400 mile destination by driving 10 miles per hour faster — in this situation, time is in fact money. Is the money saved worth extra time in the car?

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