Commuting can be expensive when considering the operating costs like gasoline, parking, and tolls and other costs such as insurance and depreciation.
1. Carpool at least once per week and you can cut at least 10% of your costs.
2. Accelerate and brake smoothly from a stop reduces fuel consumption.
3. Ask your insurance company if they have a pay-as-you-drive insurance so the fewer miles you drive the more you save.
4. Ask your employer to subsidize a transit pass or vanpool fare. In 2023, the federal government allows most employers to provide employees with up to $300 per month tax free for riding transit or vanpooling. See Best Workplaces for Commuters for more information.
5. Switch to a compressed work week schedule where you work 40 hours in 4 days or 80 hours over 9 days.