Tuesday, March 25, 2008

Saving on Gas 101 For Students

by Tom Tessin

When it comes to the good old world of college, it's hard for us college students to make a lot of money. Sure, there are a few college students out there that are making a few bucks but a lot of us are just sitting around in our dorms studying what seems like 24/7. That's the main reason we're in college, right?
What bothers me is that I can barely work throughout the week and when I get that chance to work, it seems like I'm barely working any hours at all. When it's time for the paycheck, it's blown within minutes on food, gas for the car, and any other miscellaneous things. This is the problem that most college students face.
Being frugal in college is one of the most important things you can do. Not only can it save you a ton of money, it can help you prepare in life when it comes to the real world and a job. Saving money means more money in your pocket obviously and today, I'm going to show you on how you the college student can save on gasoline for your car. How much you might ask? It can be as much as ten percent off per gallon.
Now, I know you're going to read that last statement and think, wow this is too good to be true. Let's hold that thought for a minute and let me explain. When you start to think of credit cards, you start to think of how bad they are. Why is this you might ask? It's because most of society doesn't know how to use them. These are the people who give it a bad name. If you're responsible with your money and you know how to pay your bill off on time in full, you can really take advantage of the rewards that come with a credit card.

Believe it or not when it comes to student credit cards, many of the cards out there do offer some sort of reward. In fact, over ninety percent of the cards out there that are based toward students do. This is where the gas saving techniques comes into play. When you decide to apply for that student based gas card, make sure that you look at how much you're saving per gallon. This is the reason you're applying and you don't want to apply for a card that gives you anything back in return. Generally, three percent or more is a great way to save.
As I mentioned in a few paragraphs ago, make sure that when you do apply for this card that you pay it off in full each month. If you fail to do so, you're not going to be able to take advantage of the rebates because the money you were going to save is going to go to interest alone. So, the next time you hop in your car to go back home for the summer or out to your friend's house, make sure that you keep this concept in mind. It adds up over time while adding more money to your wallet.

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