Gas prices are hitting their highest mark in history.
The national average for a gallon of gas is sitting at $4.25. That’s a new record high, beating the previous high of $4.11 per gallon, which was set in July 2008.
So what does that mean for you? Well, just one tank of gas will cost you $63.75 on average to fill, assuming a 15-gallon tank and a car that uses regular unleaded gasoline. If things keep going like they are, the national average could reach $5 a gallon soon.
With prices at the pump skyrocketing, it’s time to find ways to save without giving up your daily routine. Here are a bunch of ways to offset the price you pay at the pump.
1. Save $440 a year on car insurance in minutes
You can’t do without car insurance. But what you can do without is overpaying for this essential protection.
Maybe the thought of comparison shopping for car insurance makes you want to lie down with a cold cloth on your eyes. Relax: A free online comparison site called The Zebra has you covered.
In five minutes, the site will shop your info around to 200 providers. The result is that you’ll save up to $440 per year on car insurance.
Yes, $440 per year. Every year.
Over the next 10 years, you’re looking at up to an extra $4,400 in your budget. What could that kind of savings do for your bottom line?
Take your current insurance coverage limits to the site — you won’t have to provide a credit card or phone number — and set The Zebra loose to run the numbers. After that, all you have to do is pick the best deal.
It couldn’t be much simpler to find a far better price. Compare car insurance for free and save hundreds right now.
2. Save thousands on your mortgage (while you still can)
It’s no secret that interest rates are creeping up, but you can still lower your mortgage payments if you act now. With a mortgage lender called Better, you can get fast pre-approval in as little as three minutes.
And the savings? Let’s say you refinance from 4% on a 30-year fixed-rate loan to 3%. On a $500,000 loan, you’ll save $279 a month — that’s $3,348 a year!
That’s extra money you can put towards retirement, planning a dream vacation or even home improvements. The possibilities are endless.
With rates this low, you’d be crazy not to at least check to see how much you can save by refinancing. Plus, Better streamlined the entire application …….
Source: https://www.moneytalksnews.com/5-ways-to-protect-yourself-against-soaring-gas-prices/