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How to Reduce Your Monthly Travel Costs

Prices are rising everywhere. While you may be able to save money on your groceries, it can be hard to save on travel costs. Don’t worry, this article will show you how you can save money on your travel costs.

Look for Cheaper Car Insurance 

If you can, look for cheaper car insurance. There are many websites out there that could potentially find you a better deal. Regardless of the type of car you drive or its age, you could save cash. 

Search online for cheaper car insurance cover. Always make sure, however, that the cover you choose is ideal for your car. 

Look For Cheaper Roadside Assistance 

If your car breaks down at the side of the road you may need help. Before you do, search for a cheaper plan. If you’re about to buy a new car, consider paying for a Jeep extended warranty. Should something go wrong with the vehicle you may get it repaired for free? 

If your car is old, search for:

  • Roadside assistance that covers your type of vehicle 
  • The assistance that tows your car to the nearest repair shop
  • The assistance includes a replacement vehicle while yours is repaired and/or 
  • The assistance includes roadside repair

There tend to be many plans available online. Choose one that’s affordable and gives you what you need. 

Share Your Journeys 

A really good way of reducing your monthly travel costs is to share your journeys. Car-share journeys can be helpful. When work colleagues share the same route they can share the same car. You can save on gas money every month. 

You may want to think about paying your colleague to take you to work. The cash can help them out while showing them you appreciate what they do. 

Carry Out Your Own Car Repairs 

Learn how to carry out your own car repairs. Watch videos online, ask a friend to help, or buy a car repair book. If the repairs that you need to do are minor, you may not need to pay a repair shop to help. Minor repairs such as replacing light bulbs, changing tires, etc. can save you cash. 

Being able to carry out repairs can also boost your confidence. Consider carrying out the repairs yourself when something goes wrong. 

Go By Bicycle 

If you want to make big savings on your monthly travel costs, go by bicycle. Ditch your car and opt to take your bicycle instead. You can improve your fitness while spending less. 

Opt For Public Transportation 

Public transportation may not be your first choice of travel. However, 

  • Public transportation can be cheaper
  • Bus and trains can run fairly frequently
  • Traveling by public transport is better for the environment  
  • You can carry out a little bit of work while you’re on your way to work

When you travel by car or train you won’t have to pay quite as much for gas. You could even consider selling your car and using public transportation every day.

Use the above tips to help you to reduce your monthly travel costs. 

Ajeet Sharma, the founder of Financegab and a well-known name in the field of financial blogging. Blogging since 2017, he has the expertise and excellent knowledge about personal finance. Financegab is all about personal finance which aims to create awareness among people about personal finance and help them to make smart, well-informed financial decisions.


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