Friday, November 09, 2007

Beat the Gas Squeeze

Gas prices are going up with no end in sight. $100 barrels of oil are here. What's a family to do? I've put together a list of some things we do and some we should do, to help beat the cash squeeze:

  • Use gas cards with special deals like Kwik Fill and Hess ( Hess is best, save 30% for 90 days then 10% thereafter). Find the lowest gas prices using GasBuddy.com. and GasPriceWatch.com.
  • Pay bills online through your bank or a service like Checkfree, saves big on postage, envelopes, checks, and your time.
  • Replace all incandescent bulbs with compact fluorescent bulbs. Makes a HUGE difference in the electric bill.
  • Don't leave lights on if you will be out of a room for more than an hour. Obvious yes? People are not aware they are doing it. It adds up.
  • Cut your shower time in half (very hard to impress this upon kids!)
  • Burn wood.
  • Shop food sales and use coupons for the items you normally use.
  • Drive with economy in mind. Don't idle for more than a minute and don't race to a stop light. Do not warm up the car in the winter. That is a fallacy. It doesn't need it (you might, but it doesn't!)
  • Turn down your hot water heater temperature.
  • Turn down the thermostat.
  • Consolidate driving trips. Don't go until you have more than one reason.
  • Insulate your house, attic and basement. There are tax credits for this.
  • Don't buy frozen dinners. They are expensive and not as nutritious as meals from scratch.
  • Carpool!
  • Go to bed when it gets dark, wake up when it gets bright. We do this at our cabin.
  • Replace old TVs with LCD TV's and save big. Gradually replace old appliances. We have saved $40/month doing this along with replacing the bulbs.
  • Shop around for home and car insurance.
Related books:

Penny Pinching: How to Lower Your Everyday Expenses Without Lowering Your Standard of Living

The Budget Kit: The Common Cents Money Management Workbook (Budget Kit)

Pinch A Penny Till It Screams: Everything You Wanted To Know About Frugal Survival Skills But Didn't Know Where To Look

Insulate and Weatherize: Expert Advice from Start to Finish


547 Tips for Saving Energy in Your Home.