You have to get to work and back every day in order to make a living, and the last thing you want is a large chunk of your paycheck going towards commuting costs. Unless you live within walking distance of your place of employment, this is one expense that is unavoidable, but there are several ways to considerably cut down on these costs:
Consider public transportation
Some cities offer terrific public transportation systems, so if you’ve been driving to work, you might want to explore the public transportation options that your area offers. Depending on the convenience and the cost, you might be better off using public transportation for your daily commute and it might end up saving you a lot of time and money. You can often cut costs even more by buying weekly or monthly passes.
Invest in a fuel-efficient vehicle
Fuel is one of the biggest expenses to consider when adding up commute costs, so if you’re driving a gas guzzler, you might want to consider swapping your current car for a more fuel efficient model. If you want optimal savings in gas, look into hybrid and electric car options. If you’re not in the market for a new car, there are still ways you can improve fuel efficiency in your current vehicle.
Ride a bike
Depending on the route and distance to your job, riding your bicycle can be a great way to get to and from work when the weather is cooperating. Not only can this bring your commuting costs down to almost nothing, but it’s a perfect example of how you can improve your health and save money at the same time.
If your lease is coming up for renewal and you thought about renewing, check for listings that are closer to your place of employment. Even if the area is a more expensive one to live in, it may be worth the extra rent if the amount isn’t too much more and within your budget. By being much closer to work, you’ll be able to cut down (or even completely eliminate) your commute costs. Your overall monthly expenses might even out in the end, but you’ll save time each day with a shorter commute to and from work.