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Cut the costs associated with your commute

If you commute to work every day, you know how much of a headache it can be. From traffic to the cost of gas, tolls and parking, just getting to the office every morning can be extremely stressful.

Fortunately, there are many ways you can reduce the cost of your daily commute, according to a report from the Phoenixville, Pennsylvania, version of the local news site Patch. One of the easiest ways to do this, for millions of people across the country, is to start relying on public transportation more often. These options are becoming very popular again because of the rising price of gas, but can also provide you even more savings because in some states, you are allowed to use a tax deduction for an annual discount of up to $500 on your federal filing. Your car insurance company might also give you a discount.

Taking public transportation will obviously not only help you save significantly on the gas you buy every month – even if you still have to drive a short distance to your nearest train station, bus stop or park and ride location – but will also give you more time to relax either before or after office hours, or even get some extra work done.

Of course, another great way to save money on your commute is to stick with an old standby: the carpool, the report said. Finding three people or more from your office who live in your area to share a ride to work sometimes or even every day can help to significantly reduce the amount you pay for fuel every month. Think of it this way: If you get four other people to drive to work with you every week, you’re only driving your car one day instead of five, saving not only on gasoline, but also on wear and tear on the vehicle. In addition, some states also have ride-sharing programs that allow consumers to find other people in their area who would want to participate in a carpool. Some states even incentivize participation by providing gas cards to consumers who enroll for the first time.

“From taking transit to carpooling, there are many ways commuters can save time and money getting to work,” Barry Seymour, executive director of the Delaware Valley Regional Planning Commission, told the site, adding that these measures also have a positive impact on the environment.

But even if those measures won’t work for you, and you still have to head to the office by yourself every day, there are still a number of ways to save, the report said. The simplest is to change your driving habits so that you’re not using as much fuel. During a commute, it can be easy to fall into aggressive driving habits like speeding, braking hard and so forth in order to get to work faster, but doing so also burns significantly more fuel. In fact, aggressive driving tactics often cost consumers as much as 33 percent of their vehicle’s fuel efficiency. Further, having a lot of junk in your car can also slow the vehicle down, with every hundred pounds reducing its efficiency by as much as 2 percent.

If you want to make sure your car is running in tip-top shape, you should also stick to the routine maintenance schedule provided by its manufacturer, as well as making sure your tires are properly inflated and using the right kind of oil, the report said.

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Date:
May 10, 2012 um 9:28 am
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Miscellaneous Finance
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