Why I Don’t Really Care About Higher Gas Prices

gas prices

Gas prices are on the rise and have been forecasted to possibly reach $4.00 a gallon by this summer. This news sends many people into shock, but for me, it hardly makes me bat an eyelash. Granted, I don’t like spending extra money on anything, but I know that even if gas does go up another dollar a gallon, it won’t make that much of a difference in my budget. Why is that? Let me introduce you to our two little money saving cars:

2000 Honda Civic EX Coupe: I bought this car in 2002 from a private party for $8300 with 69,000 miles on it. I took a 6 year car loan out on it at the time because I was a 20 yr old college student on a small salary and the monthly payment of $146


[Continue Reading at SavingAdvice.com]

This entry was posted in Cars, Personal Finance, Saving Money. Bookmark the permalink.

4 Responses to Why I Don’t Really Care About Higher Gas Prices

  1. ben says:

    The problem is that you forget that gas prices don’t only hurt you budget for buying gas for your car. As they increase, they raise the price of all the food you buy since it must be transported. It raises the cost of airline tickets. It affects so much more than just the price of gas that goes into your car.

  2. Steve says:

    While I agree with ben about the cost of everything being tied to fuel costs, I applaud your determination to get the most value out of your situation. There are ways to max your transportation dollar, and y’all are leading the way. Be sure to check the air in the tires, change oil at the proper times, etc., but driving a car that costs you basically nothing except gas and insurance is a big plus!

  3. casey owens says:

    I just bought a CNG vehicle. The cost per GGE (gasoline gallon equivelant) is 90 in my state and the price is set in Nov. for 1 year at a time. Plus, the car gets 40 MPG. So, I get over 3.4 gallons of natural gas for the price of one gallon of gasoline at 3.09/gal. This means I can drive 137 miles for the price of 1 gallon of unleaded petro. THis is equivalent to saying that I get 137 MPG. Plus, my car is rated the cleanest on the planet. I save more on gas than the monthly payment so i am getting paid to drive a brand new car. I think everyone should look into CNG/NGV/AFV. Cheers!

  4. Creative Investor says:

    casey owens: What is the make/model of your car? If you don’t mind me asking.

Leave a Reply

Your email address will not be published. Required fields are marked *