The price of gas sure does stink these days, but what are you
gonna do about it? While many will treat that as a rhetorical
question, choosing simply to pay up and grumble as the national
average price for regular gas creeps toward the $4.00 mark, others
will take a more practical approach to the issue and look for ways
to ease the financial burden. You therefore have to wonder:
Can something as simple as a rewards credit card help weather
the storm of rising gas prices?
Absolutely! The right gas
credit card can save you upwards of 5% per gallon, which would
basically be the equivalent of paying last year's prices. The
trick is finding the offer that best matches your lifestyle and
While there isn't much you can do about the rising cost
of gasoline, there are plenty of ways to save money on gas by changing some
simple habits. Just by making a few of these adjustments, you will notice that you're
putting less gas in your car and saving money on the gas you buy.
Rising oil prices are great news if you're Exxon Mobil,
but not so much for the rest of us. And, while those of us who drive
regularly were hoping that the cost of hybrid cars would drop, it
instead looks like car manufacturers are moving away from hybrid cars altogether. What's a cost-conscious commuter to do?
As the automobile industry radically works to reconstruct itself in
order to save itself, the fallout has included the demise
of a beloved brand of car or two. While the departure of a major
car brand may feel alarming, this is nothing new to
manufacturers and consumers.
On Monday, December 19, Saab -- the unconventional, yet charming
Swedish car company -- filed for bankruptcy. Saab was a relatively
small force in the US market, but it had a fairly militant
following of people who appreciated how different and sleek the
brand of cars were, as compared to other car companies. The
once-proud company is expected to liquidate all remaining
The benefits of paying off your car loan early are simple and compelling: the sooner you pay down your auto loan, the less interest you'll pay in the long run. This is true for anyone who has a simple interest loan (rather than a pre-computed or "Rule of 78s" loan). But the benefits of paying less interest over time don't always outweigh the risks of having less cash in your pocket in the near term.
Consider the following before making an early payment towards your auto loan:
I am sure that you have seen how much gas prices have risen over the past years. In most states gas prices have almost doubled from where they were a year ago. Hawaii recently became the first state to see gas prices average $4 per gallon statewide. With increasing instability in the Middle East, gas prices are expected to hit $4 per gallon in other states in the coming months. Higher fuel prices are hurting the budgets of lots of people. They are being forced to cut back on some necessities. There is a way however to reduce your fuel bill and your dependence on your automobile.
Here's what you need to do when gas prices hit $4 in your state: