There are a lot of ways poor driving can damage your wallet. From paying off tickets to taking your car into the shop sooner than you anticipated, bad driving can deal a serious blow to your finances—especially if the habit persists over time. Some of these habits are more obvious than others. It’s important to pay attention to the way you drive and how it affects your vehicle, money, and lifestyle. Keep yourself and your budget safe by avoiding these bad driving habits that cost you money.
Speeding
Aggressive driving is never a good idea. It can lead to road rage, tickets, property damage, and much more. Even if you get away with cutting off another driver or cruising over the speed limit, you still end up paying for it in the long run. Most vehicles reach maximum fuel efficiency at around 55 mph, meaning driving over that when it’s unnecessary only costs you more in gas money. Furthermore, flooring it is another good way to waste precious gas. As fun as it might be to speed down the highway, the safest and most cost-effective option is to gradually accelerate and always obey the speed limit.
Drinking and Driving
Everyone knows drinking and driving is a bad idea, but do you know how expensive it can be? On top of any legal fees or damages you might have to pay for, you also have to deal with a spike in your auto insurance. The cost of a first-offense DUI is one of the most expensive bad driving habits that cost you money, and those expenses only get increase with every offense. Keep your driving record clear and your wallet full by planning ahead for a designated driver or public transportation instead.
Sudden Stopping and Starting
Unfortunately, constantly stopping and starting is just a part of driving for some people—especially if you live in a city. However, even if your daily commute takes you through a lot of stoplights, it’s important to brake and accelerate gently. Slamming on the brakes or the gas puts unnecessary strain on your vehicle’s engine and wears out the brakes. Approach and exit each stop gradually. Your wallet will thank you when you don’t have to replace the brake pads as often.
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