Change your travel arrangements to help ease Debt

August 31, 2009 by DMT
Filed under: Money Saving Tips 

When the purse strings are a little tighter, we can often continue with our normal travel routine and expect things to help themselves. However, this is somewhat unrealistic and can often push you further into debt.

Travel costs are on the rise, so consider your options before going to work or even taking a trip down to the shops. A few things you should ask yourself when considering your transport options are:

Trains are a great way to save money on long journies if boked in advance.

Trains are a great way to save money on long journies if booked in advance.

1. Are you always taking the cheapest alternative? Many times walking or taking a bus may be more cost effective than a car, and will be suited to those struggling with  shrinking bank balance. Perhaps invest in a bicycle for local trips or your journey to work.

2. Can you make your journies more efficient? - If you are able to share car journies with others you can save a good deal on your petrol costs. Why not consider a car share system for work ? Pick up your colleagues who need a ride into work and allow them to contribute towards the petrol bill to help cover the costs of running the car.

3. Could you work nearer to home? - We would all love to spend more time at home whenever possible, so consider your housing or work location in more detail next time you are thinking of a change. A workplace which is a few miles closer to home could save tens or even hundreds of pounds on petrol costs over a year, so factor this into your work or living area.

4. Are you getting the most out of your transport? - Some types of public transport, such as bus, train or tram routes offer discounts for advance booking or season ticket passes. These offers will save you anywhere up to 50% off a journey (especially for advance bookings), so consider these options when looking to travel. Companies reward individuals who book a long time in adavance by offering saving - so take advantage of these where you can!

Although we often need to travel on a regular basis to get to work, there are still numerous way we can save money while doing so. Planning ahead is key to saving money on your travel costs, so have a look for alternatives to your current travel methods- you might be surprised how much you could save.

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