For some college students, filling up the gas tank means they might have to go hungry. Over 20% of the cost of owning a vehicle stems from fuel costs. The average cost per mile for gasoline is 11.7 cents. Fortunately, there are numerous ways to help control fuel costs. See the tips we have provided below for improving the fuel efficiency of your current vehicle. Conservatively assuming that a 25 year-old person could save only 25% of the average cost per mile for gasoline, and they chose to invest the savings, this Million Dollar Decision could be worth over $400,000 to them at retirement.
- http://www.fueleconomy.gov/FEG/drive.shtml provides a great listing of tips from the US Department of Energy to help you improve the fuel economy of the vehicle you currently drive. Learn how doing simple things such as removing excess weight and
- http://www.fueleconomy.gov/feg/gasprices/states/UT.shtml allows you to easily find the most inexpensive gasoline in your area.
- http://www.fueleconomy.gov/feg/findacar.htm is a tool you should use when you are shopping for a car. This tool allows you to easily compare the fuel efficiency of various vehicles.
- http://www.billshrink.com/ is a neat tool that will help you save money on your gas bills.
- Student Tips for Shrinking your Gasoline Bills. Click here to view tips from real college students who have worked to reduce their gasoline expenses.