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Budget Tip: Car Pool to Work

By Erik Folgate

Let’s face it, gas prices are not going down any time soon.  I am starting to think that oil companies are going to leave the prices where they are at because we have already become used to paying $2.50 to $3.00 for a gallon of gas.  In the grand scheme of things, I wonder if that is truly is expensive.  In Florida, I pay up to $3.50 a gallon for milk.  Although, I don’t drink 14 gallons of gas per week, either.

My wife car pool to work, but we have the luxury of working very close to each other.  But, I know that there are plenty of you who have friends at work.  Take a step out of your comfort zone and ask someone if they want to start car pooling to work.  You would be surprised about the kind of money that can be saved by carpooling, and you are doing a good service to the environment.  We are an independent society, so driving together is out of our comfort zone.  But think about paying $10 – 15 dollars a week in gas, rather than $30-40 dollars a week.  That could be a savings of up to $200 a month which could be put towards paying off debt or saving for a big purchase. 

Who knows, you may even start liking the people that you work with! 

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

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