3 Ways A Student Can Save Money On Car Expenses

We all know that college can be expensive. With student loans, textbook fees and accommodation costs, the last thing a student wants to have to think about is spending money on a car. However, it is not always possible to ditch the car and catch public transport all the time, especially if you live in a regional or remote area. Thankfully, there are a number of ways through which a student can save money on car expenses, leaving them with less to worry about.

  1. Reducing your car insurance costs.  Car insurance contributes significantly to the cost of running a car. Students, due to their youth, are usually hit with very high premiums on account of their inexperience on the road. However, there are many ways one can save on car insurance costs as a student.

Firstly, if you are a safe driver, consider raising the excess payable on your policy to reduce your premium. An excess is the fee payable to the insurance company in the event of a claim as your contribution to the repairs to your car. Most insurance companies will allow drivers to raise their excess to a higher amount to lower their premiums, although some may not. However, it is important to only take out this option if you are a safe driver, as if you make a claim on your policy the payout will be much lower in the event of an increased excess.

Secondly, choose a low-risk, unmodified car to show your insurance company that you are responsible and not a risk to insure. Modified cars usually come with higher insurance premiums attached, so it is a good idea to consider whether you really need that souped-up exhaust before getting it fitted.

Finally, stay safe on the road. There is no riskier a customer to an insurance company than a driver with a poor driving record. In addition, breaking the law in your car may invalidate your insurance policy if the insurer finds out about it in the event of a claim. For example, racing and drink driving can invalidate a policy or result in your claim being rejected.

  1. Use ethanol fuel

With gas prices increasing every year, it is not surprising that biofuels have recently been embraced by the American people. Not only is ethanol fuel cheaper than regular gas, but it is also renewable, meaning that you will be doing your part to save the planet at the gas pump.

Before you go ahead and fill up your tank, however, it is important to make sure that your car is capable of running on ethanol fuel. Check your car’s manual or with your car’s manufacturer to avoid the risk of damage to the engine.

  1. Get a cheaper car to run!

One very large car expense all students will eventually need to get acquainted with is servicing. Cars do not just run themselves – they need maintenance to ensure a smooth ride. However, many cars cost a lot to service. On one end of the spectrum, very old cars are more likely to break down often, and parts for these kinds of cars do not come cheaply. On the other hand, very new and expensive cars can often require expensive parts as well. Choose a reliable second-hand car to save the most money.

Ultimately, saving money on car expenses is something we would all like to do. However, if the costs just become too great, there is an easy way out – simply sell your car and take public transport anywhere. The cost of tickets on public transport is much less than what it costs to run a car.

Author Bio: Izzy Mackey works for a company that provides rates on car insurance for those in Florida.

July Dividends

This is late in the month to be doing this. Honestly I have had no time to devote to writing. I guess that is why smarter bloggers have a bunch of articles in their queue. speaking of queue, it is the longest word, and only one I can think of, that is pronounced the same after you remove the last four letters.

I also was confused about how to classify the payment of one of my stocks; that has been cleared up now. Last month I was lucky to have my largest dividend month yet. While this month has not approached that bonanza it has been one of my better months. July brought me $12.03. Not too shabby. Last month I could have missed about one hour of work.

$12.03 in July gives me $82.44 for the year, and that means my pace has increased to $141.33. My goal of $200 is still out of reach but I am getting closer. Both September and December are big months for me where my quarterly payers both pay out and I have increased my position in one stock which should increase my payments each month. this was a much better month than my first couple months but looking ahead it should actually turn out to be a stepping stone on my way to higher monthly payments from here on out.

What You Need For School

I know that at least for me, I had a lot of trouble deciding what I should and shouldn’t bring to residence in my first year of university. There are lots of lists online and elsewhere I am sure but I think I have a different perspective on it than those writing those lists. Students will be packing up for school shortly and I want to create a comprehensive list of things I needed and others will. You might not need everything on the list and maybe you need other items but hopefully this gives you a great start to being prepared for school.

What You Need For School

  • Laptop - I suppose it might not be a necessity to have a laptop in college or university, but I know that my laptop broke for about one week at school and it was by far the hardest week there. Not to mention the most boring. A computer will make your life so much easier that I am saying you shouldn’t go to school without one of your own.
  • Mini Fridge - At my school we were not allowed to bring our own fridges to the dorm rooms but we could rent them. In our floor’s lounge there was a large fridge but it smelled like death and you could never be sure that if you put something appealing in there that it would still be there when you went back for it. I didn’t trust it and not many others did either. for the most part it was pretty empty. Having the convenience of drinks right beside you while you are working at your desk is great, plus being able to store food from home or leftovers. And you will need to keep your age of majority beverages cold as well.
  • Shower Slippers - For these I just bought a cheap pair of Crocs. Anything that keeps your feet touching those dorm showers will work though. When you share your shower with lots of people you can’t take too many precautions.
  • Laundry Basket – Another way to go is a hamper or mesh bag but you need something to transport your dirty clothes to the laundry room.
  • Headphones – When you are trying to listen to music and study and your roommate barges in you will realize how important they are.
  • School Supplies – This should seem obvious but you can get away with just getting whatever you usually got for high school; pen/pencils, paper, backpack, ruler, calculator, etc…
  • Printer - I suggest a printer. There will be options on campus for printing but you will need to pay each time. A printer is a large upfront cost in comparison and ink is expensive, but the freedom to print what you want when you want is worth the cost. My roommate brought our printer and I paid for the ink when it needed changed. He was a music student so I did a lot more printing than him anyway.
  • Whiteboard – A great way to keep deadlines in mind, or just everyday reminders.
  • Air Freshener/Febreeze - Your room will stink, guaranteed. Don’t bring anyone back to a smelly room.
  • Toiletries -Toothpaste, toothbrush, soap, shampoo, conditioner, deodorant. If you have been a functioning member of society you should know enough to bring these things.
  • Bedding/Linens – Bed sheets, comforters, pillow cases and a couple towels for showering.
  • Pillows and Foam Pad – You will need a pillow for sleeping. I shouldn’t have to tell you that. But a big surprise for me was how uncomfortable the residence mattresses are. A foam pad on top of the mattress will make all the difference in the world.
  • Tissues – Always a smart thing to have on hand. The bathroom in dormitories will have paper towel so you can get by without those.
  • Pot - You don’t want to be hungry after the food court and dining hall has closed and not be able to eat because you don’t have a pot.
  • Stapler – gone are the days when an assignment was only one page so you didn’t need to staple it, or just going to the teacher’s desk and stapling the paper.

When I was going to school I found a whole bunch of things I didn’t need and didn’t bring a whole bunch of things I needed. Whenever I went home I brought useless things home and took useful or missing things back to school. It was definitely a process and I am probably forgetting a couple things. Comment with anything I forgot which you consider needs.