Kurt Woock
speaker
113 appearances
2 recordings
1 series
first heard Nov 2024
last heard 16 Jul
Kurt Woock’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
About $12 more per week in gas spending.
$10 may not seem like much, but remember, that's per driver per week.
So if you have two drivers or three drivers even...
Maybe your household is paying $20 more per week.
If you multiply that by the weeks in the year, you're looking at more than $1,000 in extra spending per year if that price holds.
And of course, prices have fallen a bit since May, and that does help the budgets, but prices are still higher than they were earlier this year.
And don't forget about that other half of the story, that consumption side, right?
It's not a smooth chart.
If you're going on a summer vacation and taking the car, your consumption is probably higher during those summer months than it was in January.
You know, I could say everyone should go out and buy a sedan or live within a mile or two of work, but that's just impractical.
That's one size fits all advice, and it just doesn't work.
Instead, I think what you can do, the best thing you can do,
is make sure your financial plan is resilient.
You should know ahead of time what happens when you face a sudden expense like a rise in gas prices.
Do you have an emergency fund or some other source of cash that you can tap into to cover those costs?
The other thing is how diligent are you with that financial plan when you're making big decisions?
For example, if you're buying a new vehicle, are you thinking about that total cost of ownership, which includes fuel efficiency, right?
The amount of gas you're planning to buy per week.
That should be a factor.
Scoping out the lowest gas prices in your area when you need to fill up might save you a dollar or two each time.
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