Tuesday, November 29, 2011

Tip 10: Check Your Tire Pressure

Check your tire pressure regularly. You can lose up to 6% in gasoline mileage for every pound of under-inflation. 

Potential Money Savings: $140-400/yr.

Tuesday, November 22, 2011

Tip 9: Qualifying for Insurance Discounts

Make sure you notify your insurance company of all the safety features that qualify you for discounts on auto or homeowner's insurance, such as automatic seat belts or air bags in your car, smoke detectors in your home, etc. Non-smokers or non-drinkers can often get additional discounts. 

Potential Money Savings:  $50-100/yr.

Tuesday, November 15, 2011

Tip 8: Cleaning the Air Filter

Check your car's air filter monthly. A dirty filter shortens the engine's life and reduces gasoline mileage up to 10%. You can clean the filter by removing it and blowing it with an air hose, or you can replace it. 

Potential Money Savings:  $130/yr or more.

Tuesday, November 8, 2011

Tip 7: Don't Overflow Your Tank

Don't "top off the tank" when pumping gas. Some of the gas may end up overflowing when it expands in the sun or if you park on a hill. 

Potential Money Savings: $20-53/yr.

Tuesday, November 1, 2011

Tip 6: Insurance Advice for Older Cars

If you drive an older car, consider dropping collision and comprehensive coverage (don't drop liability coverage). Collision coverage is required if you have a car loan, but for older cars that you own, weigh the car's book value (what the insurance company would pay you if the car was totaled) against your collision premiums. If your car is over five years old or is worth less than $1000, keeping collision and comprehensive coverage may not be worth what you're paying in insurance premiums.   

Potential Money Savings:  $100-300/yr.