One Cent At A Time

A Personal finance blog to get rich

What to Do with the Gas Money you Are Saving

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Very interesting topic for today isn’t it? We are happy at the gas station. Until recently, as late as last July/August – we were paying $50 – $55 to fill up my car and SMB (My wife) was spending $40 – $48 on her car which has smaller fuel tank. I looked at credit card statements from 2014 to arrive at the range. Last weekend I spent just $35 to fill my tank.

Gas Price comparison

On average, a govt. agency estimates a $550 that an American household will save on gas this year.  This was based on a December estimate. Oil plunged a lot more since then. We can expect to save more than $550 now. Now, what are you going to do with the money?

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A Few Unconventional Ways to Reduce Gas Consumption

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Summer is the time of the year when fuel price go crazy. This year even the winter saw very cost of gasoline. With China and Indian economy expanding there’s more than ever demand for gas. The price can only go up, may be with little ease at times due to other economical factors. But, in the long term it will only go up and thus we need to adjust fuel need and usage to keep gas cost low.

Related Post : 10 Tips to save on Gas

Besides comparison shopping, driving less, carpooling or availing public transportation, there are various other little tweaks that can help keep the fuel consumption low.

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Top Risks for Investing in Oil and Natural Gas

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Every investment opportunity has its share of risks. Whether you’re putting your money in real estate, buying and selling gold, or trading stocks, you are bound to face, not only general management risks but industry-specific threats. In the following post, we will take a look at investing in oil and natural gas, to see what you are putting on the line while investing in this specific industry.

Politics

If you are at all interested in oil and natural gas, you’ve probably read quite a bit about government regulations on this investing industry.

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