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Whitaker-Myers Wealth Managers is an SEC-registered investment adviser firm. The information presented is for educational purposes only and intended for a broad audience. The information does not intend to make an offer or solicitation to sell or purchase any specific securities, investments, or investment strategies. Investments involve risk and are not guaranteed. Whitaker-Myers Wealth Managers reasonably believes that this marketing does not include any false or misleading statements or omissions of facts regarding services, investment, or client experience. Whitaker-Myers Wealth Managers has a reasonable belief that the content will not cause an untrue or misleading implication regarding the adviser’s services, investments, or client experiences. Please refer to the firm’s ADV Part 2A for material risks disclosures.

Past performance of specific investment advice should not be relied upon without knowledge of certain circumstances of market events, the nature and timing of the investments, and relevant constraints of the investment. Whitaker-Myers Wealth Managers has presented information in a fair and balanced manner.

Copyright (c) 2023 Clearnomics, Inc. and Whitaker-Myers Wealth Managers, LTD. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information and opinions contained herein. The views and the other information provided are subject to change without notice. All reports posted on or via www.clearnomics.com or any affiliated websites, applications, or services are issued without regard to the specific investment objectives, financial situation, or particular needs of any specific recipient and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but should not be construed as a recommendation to buy, sell, or hold the company's stock. Predictions, forecasts, and estimates for any and all markets should not be construed as recommendations to buy, sell, or hold any security--including mutual funds, futures contracts, and exchange traded funds, or any similar instruments. The text, images, and other materials contained or displayed in this report are proprietary to Clearnomics, Inc. and constitute valuable intellectual property. All unauthorized reproduction or other use of material from Clearnomics, Inc. shall be deemed willful infringement(s) of this copyright and other proprietary and intellectual property rights, including but not limited to, rights of privacy. Clearnomics, Inc. expressly reserves all rights in connection with its intellectual property, including without limitation the right to block the transfer of its products and services and/or to track usage thereof, through electronic tracking technology, and all other lawful means, now known or hereafter devised. Clearnomics, Inc. reserves the right, without further notice, to pursue to the fullest extent allowed by the law any and all criminal and civil remedies for the violation of its rights.

Writer's pictureLindsey Curry

HOW BETTER DRIVING HABITS CAN ADD EXTRA DOLLARS IN YOUR BANK ACCOUNT


gas money

Did you know: Good Driving Habits Can Lead to Better Gas Mileage And More Dollars In Your Bank Account?

There are several things you can do while not only driving, but also with keeping up on car maintenance that can impact your gas budget. And with increasing gas prices lately, anywhere you can find a few extra dollars to save, may be worth changing some old habits.


Roll Down Your Windows and Turn Down Your AC

With summer heat starting to climb for many of us, take the opportunity on “free” air conditioning and roll down your windows while driving. By rolling down the windows, you help release the hot heat that has been inside your car all day, but while driving, will also keep your car cool with constant airflow. When you use your AC, you use more gas to cool down your vehicle, especially the higher the temperature increase. But what if you do want to use your AC? I get it, open windows means tasseled hair and lots of knots if you have long hair, and some people don’t care for the wind in their face. If you can, try rolling down your windows to allow your car to cool down first. This way your AC doesn’t work over time in trying to get rid of all that hot air right from the start, and then try to maintain a cool temperature.


Same Goes for your Heater

I know no one wants to think of winter and cold right since we finally got out of that season, but the same idea could go for your heater. During the colder months, when you turn your heater on, turn it to the lower settings and let your car gradually warm up, vs. having it on full blast on the warmest setting. You’ll create better fuel efficiencies by letting your car progressively get warm, as opposed to trying to warm it up in the first few minutes you get in the car. If you have access to one, try parking in a garage to not only keep the snow off, but also allow your car to be in a warmer climate so not as much energy and gas is used to warm it up to your preferred temperature.


Go the Speed Limit

You can save some money by letting your foot up off of the gas pedal and go the speed limit. Even going 5 -10 mph over the speed limit can decrease your fuel efficiencies. According to AAA’s fuel savings tips, it can save you a few miles per gallon. Not to mention, you can be saving on the speeding ticket you will more than likely avoid by going the speed limit.


Use Cruise Control

When you are able to, especially on the highway, use cruise control. It avoids the constant acceleration/deceleration and keeps your car at a continuous speed. By having to increase your speed constantly, you are spending more gas trying to get to that higher speed, than if you were to stay at the same constant speed.


Keep Tires Inflated

Make sure your tires are at the correct tire pressure. According to the U.S. Department of Energy, if your tires are inflated at the correct pressure, you could improve your vehicle’s gas milage on average by 0.6%. Not only will it help with gas prices, but keeping your tires inflated correctly, can help with the lifespan of the tires.


Reduce Excess Weight and Cargo

When you travel with additional weight, you create more of a drag, which in turn can burn more fuel. If you’re able, always make sure to unpack your car of heavy or unnecessary items when not need for the trip, or end destination. Also, I agree they are a space saver for vacation, but don’t forget to remove your car’s roof top carrier when it is not being used. These are not ideal for aerodynamics as they increase wind resistance on your vehicle, resulting in lower fuel economy.


Don’t be a Racecar Driver

Accelerating like your Mario Andretti when the stop light turns from red to green may sound like a good time if you have the need for speed, but it also drinks up your gas much more quickly than if you gradually increased your speed. Same goes for decelerating. Rather than go full speed up until the last minute to your planned turn or stop vs. gradually coasting, can also make you go through gas quicker speed. And my guess, it’s not the kind of speed that is all that appealing to your bank account.


The Day of the Week Matters

Many sources and reviews say that you should avoid filling up your tank, if at all possible, on the weekends. Typically, more people are traveling (leisurely) on the weekends so more traffic out and about calls for more consumers to be pulling up the pumps. Which means gas companies are going to take advantage of this and drive the gas prices up. Also, try to avoid Mondays or Fridays as well. They tend to be higher since they bookend the weekend and again, those gas companies are going to try and capitalize you being out on the road. Aim to fill up mid-week to see a better number at the pump.


Holidays

Have you ever noticed how the price increases around holidays? Again, it’s the gas companies’ way to make an extra buck or two by knowing more people will be out traveling to see loved ones, or go on vacation. Being aware of this ahead of time may encourage you to get gas a few days before an upcoming holiday to hopefully avoid that increase.

Take a look at your budget, and see how much you are spending on gas each month. Then try implementing these tips and see how much you can save at the pump this year. If you need help with budgeting, schedule a meeting today with our Financial Coach, Lindsey Curry and see where else she can find you extra dollars in your budget.

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Whitaker-Myers Wealth Managers is an SEC-registered investment adviser firm. The information presented is for educational purposes only and intended for a broad audience. The information does not intend to make an offer or solicitation to sell or purchase any specific securities, investments, or investment strategies. Investments involve risk and are not guaranteed. Whitaker-Myers Wealth Managers reasonably believes that this marketing does not include any false or misleading statements or omissions of facts regarding services, investment, or client experience. Whitaker-Myers Wealth Managers has a reasonable belief that the content will not cause an untrue or misleading implication regarding the adviser’s services, investments, or client experiences. Please refer to the firm’s ADV Part 2A for material risks disclosures.

Past performance of specific investment advice should not be relied upon without knowledge of certain circumstances of market events, the nature and timing of the investments, and relevant constraints of the investment. Whitaker-Myers Wealth Managers has presented information in a fair and balanced manner.

Copyright (c) 2023 Clearnomics, Inc. and Whitaker-Myers Wealth Managers, LTD. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information and opinions contained herein. The views and the other information provided are subject to change without notice. All reports posted on or via www.clearnomics.com or any affiliated websites, applications, or services are issued without regard to the specific investment objectives, financial situation, or particular needs of any specific recipient and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but should not be construed as a recommendation to buy, sell, or hold the company's stock. Predictions, forecasts, and estimates for any and all markets should not be construed as recommendations to buy, sell, or hold any security--including mutual funds, futures contracts, and exchange traded funds, or any similar instruments. The text, images, and other materials contained or displayed in this report are proprietary to Clearnomics, Inc. and constitute valuable intellectual property. All unauthorized reproduction or other use of material from Clearnomics, Inc. shall be deemed willful infringement(s) of this copyright and other proprietary and intellectual property rights, including but not limited to, rights of privacy. Clearnomics, Inc. expressly reserves all rights in connection with its intellectual property, including without limitation the right to block the transfer of its products and services and/or to track usage thereof, through electronic tracking technology, and all other lawful means, now known or hereafter devised. Clearnomics, Inc. reserves the right, without further notice, to pursue to the fullest extent allowed by the law any and all criminal and civil remedies for the violation of its rights.

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