Home Members Tools Credit Cards
   

  • Can High Gas Prices Be Good?

    When I first started driving as a teenager, gas was only $.99/gallon. And the car I drove was a Chevy Chevette. Not too glamorous, but I could get to school, work, and play for about five dollars a week. Yes, times have changed, but I think they changed a lot more than any one expected in the way of gas prices. So, what now? Back to the horse and buggy days? Is there a bright side to the extreme prices at the pump? High gas prices do bring some round-about benefits, though it may take an optimistic view to see them.

    High gas prices are teaching some to be better drivers. Instead of quickly accelerating to every stop light and then braking shortly, they've learned to save gas by accelerating gradually and coasting to an easy stop. And some states are even reporting fewer speeding tickets and deaths from auto accidents. Those drivers may only be doing it to save gas, but it's good to reduce the number of aggressive drivers on the road, no matter the reason they change their driving habits.

    High gas prices are helping the biking community be more visible, and more safe. Those on two wheels always have to be very alert to the possibility of a driver that just isn't paying attention. More motorcycles, mopeds, and bicycles on the road means that riders have more opportunities to ride in packs for ultimate visibility. When drivers get used to seeing lots of riders on the road, they may begin to understand the potential danger of being on a bike on a road full of cars, and learn to give bikes full respect as another vehicle.

    High gas prices are helping to reduce traffic. Between the carpoolers, those that choose to start working from home, and those who take jobs closer to home or move closer to work, the rush hour traffic is becoming less dense. Fewer cars on the road makes it easier for the cars that are left to get from one place to the next, and means less time sitting in stopped traffic. Thousands of cars just idling on the freeway is bad for the environment and for our stress levels, so this is definitely a good thing.

    High gas prices are helping us get healthier. Walking or riding a bike is not only free, but it's good for our health. Some of us refuse to walk anywhere, but then pay for a monthly gym membership. How does that make sense? Even if you live in the suburbs or country where a car is a necessity, you can still save money on fuel and get healthier. Park at the first space you see and walk the rest, rather than driving around for five minutes looking for a closer spot. Or do all your shopping at a strip mall, where everything you need is within walking distance from your car.

    High gas prices are helping some people make friends through carpooling. Those that have a long commute are finding people to share fuel expenses with. Though the intent is to save money, some find that carpooling helps to meet their social needs, even if they don't have much time for other activities. Long drives with others gives commuters some social time before and after work. Chatting with others is good for reducing stress levels, and gives carpoolers a chance to unwind by talking to others before they get home.

    High gas prices are helping on-line business and catalog sales companies. Many prefer to shop from the comfort of their own home, rather than driving around and wasting gas looking for what they want. Not only will you save money on gas, you'll often get a better price for the item you want, since those companies don't have the additional overhead costs involved in having a retail store.

    High gas prices are encouraging families to stay home and spend more time with each other. Cheap gas prices make it easy for every one in the household to go their separate ways and do their own thing. Now, the backyard barbecue or the group bike ride are becoming more popular. Even if families decide to go out, they're planning out their trips in advance and all going together more often, rather than impulsively going out when they feel like it.

    High gas prices are forcing consumers to put their financial priorities in order. Our economy that thrives on consumer spending may take another hit from this, but the alternative would be for people to continue spending more than they can afford with the help of loans and credit cards. Rising debt is already unmanageable for many, and now the additional cost of driving adds to the expense. Discipline and good money management are important no matter what the price of gas, but some are beginning to understand how practicing a little frugality can be good.

    Yeah, I know. No matter how I twist it, it still hurts when it takes $60 to fill the tank. It's also unfortunate when an SUV owner wants to downsize - even if it means they have to cram the whole family into a mid-size car - and then finds out they can't even sell the big gas guzzler at all. It's also a bad situation when someone owns a home in the country and has to commute to the city just to pay the bills. We're all in the same kind of situation; gas prices are doing some damage to our way of life. Horse and buggy, anyone?
  • Disclaimer

    Information in these articles is brought to you by Finance Globe. Banks, issuers, credit card, and other companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles and is further subject to our terms and conditions.
  • Recent Activity

    DSDyer

    Merging accounts?

    Thread Starter: DSDyer

    My Mother and I both have a First Premier credit card. My Mother has had a stroke and is unable to take care of herself. I'm having to pay all her...

    Last Post By: BloodFood May 28th, 2015, 10:30 AM Go to last post
  • Recent Forum Posts

    BloodFood

    Re: Merging accounts?

    See the scenario is that you can have a shared account, but what you are demanding is the extension of this phenomena, not sure about this but have heard

    BloodFood May 28th, 2015, 10:30 AM Go to last post
    BloodFood

    Re: Year-End Purchase Goal - Taking the Right Credit Steps to Get There

    If you are having some purchase goals that involves loan so make it as quick as possible because the financial firm are about to raise the interest rates

    BloodFood May 27th, 2015, 07:24 AM Go to last post
    SAR1954

    Re: Report Your "Credit limit Increases" Here!

    Amazon Store Card CLI $900 to $1400, requested on-line, soft pull.

    SAR1954 May 26th, 2015, 04:18 PM Go to last post
    BloodFood

    Re: When should you ask for credit limit increases?

    Do you get any info on your Issue I am asking this because I am facing the same prob although it is just 2weeks and 3 days I donít want to wait long.

    BloodFood May 26th, 2015, 06:50 AM Go to last post
    BloodFood

    Federal Reserve to raise interest by september 2015

    Federal Reserve is about to raise the interest rates in the international market, market experts state that this will result in increase in the level

    BloodFood May 22nd, 2015, 11:00 AM Go to last post
  • Recent Headlines and Articles

    ChrisB

    3 Ways to Stretch your Vacation Savings for a Better Trip

    Are you the type who saves in advance for vacation? You set a goal, based on the destination you hope to visit, realizing that you can reach this number with the right strategy.

    In todayís day... read more
    ChrisB May 28th, 2015, 07:11 AM
    ChrisB

    Why was your Mortgage Application Denied (and what to do about it)?

    Like most, you are not in position to purchase a home with cash. Instead, you need a mortgage to make your dream come true.

    The problem with this is simple: you may not qualify for the amount of cash you... read more
    ChrisB May 27th, 2015, 07:34 AM
    ChrisB

    Is it Time for a New Job? Money may Dictate a Change

    At some point, you may look at your career path and wonder what is going on. Maybe you enjoy your job. Maybe you donít. Maybe you are ready to make a change. Maybe you are too scared to search for a new position.... read more
    ChrisB May 22nd, 2015, 06:51 AM
    ChrisB

    Donít Let the Cost of a Home Renovation Project Spiral Out of Control

    The cost of a home renovation project can quickly spiral out of control, leaving you in a difficult spot when everything is said and done.

    Like most, you will set a budget for your... read more
    ChrisB May 21st, 2015, 07:23 AM
    ChrisB

    Could your Home Benefit from one of these Energy Saving Projects?

    When you save energy at home you also save money. Does it get any better than that?

    While some people have a clear understanding of how to be more energy efficient, others... read more
    ChrisB May 20th, 2015, 07:04 AM
  • Recent Article Comments

    Wanderer

    Donít Let the Cost of a Home Renovation Project Spiral Out of Control

    In following on this the detail: pre 1972 homes asbestos, lead paint, knob & post wiring, Romex... Go to last post

    Wanderer May 21st, 2015 10:21 AM

 

 

 

Credit Cards | Finance Social Network | Credit Card Reviews | Markets
About Us | FG on the Web | Sitemap | Privacy | Terms | Contact


Copyright © 2015 Finance Globe. All rights reserved.