5 Ways to Protect Yourself Against Soaring Gas Prices

Gas prices are hitting their highest mark in history.

The national average for a gallon of gas is sitting at $4.25. That’s a new record high, beating the previous high of $4.11 per gallon, which was set in July 2008.

So what does that mean for you? Well, just one tank of gas will cost you $63.75 on average to fill, assuming a 15-gallon tank and a car that uses regular unleaded gasoline. If things keep going like they are, the national average could reach $5 a gallon soon.

With prices at the pump skyrocketing, it’s time to find ways to save without giving up your daily routine. Here are a bunch of ways to offset the price you pay at the pump.

1. Save $440 a year on car insurance in minutes

You can’t do without car insurance. But what you can do without is overpaying for this essential protection.

Maybe the thought of comparison shopping for car insurance makes you want to lie down with a cold cloth on your eyes. Relax: A free online comparison site called The Zebra has you covered.

In five minutes, the site will shop your info around to 200 providers. The result is that you’ll save up to $440 per year on car insurance.

Yes, $440 per year. Every year.

Over the next 10 years, you’re looking at up to an extra $4,400 in your budget. What could that kind of savings do for your bottom line?

Take your current insurance coverage limits to the site — you won’t have to provide a credit card or phone number — and set The Zebra loose to run the numbers. After that, all you have to do is pick the best deal.

It couldn’t be much simpler to find a far better price. Compare car insurance for free and save hundreds right now.

2. Save thousands on your mortgage (while you still can)

It’s no secret that interest rates are creeping up, but you can still lower your mortgage payments if you act now. With a mortgage lender called Better, you can get fast pre-approval in as little as three minutes.

And the savings? Let’s say you refinance from 4% on a 30-year fixed-rate loan to 3%. On a $500,000 loan, you’ll save $279 a month — that’s $3,348 a year!

That’s extra money you can put towards retirement, planning a dream vacation or even home improvements. The possibilities are endless.

With rates this low, you’d be crazy not to at least check to see how much you can save by refinancing. Plus, Better streamlined the entire application process online, so you can get pre-approved in just three minutes and close up to 10 days faster than average. Plus, there are no commissions and no lender fees, and they even offer 24/7 support to make sure everything goes smoothly.

Lock in a low mortgage rate while rates are still low. Get started now.

3. Protect your wealth with gold

During the last recession, many hard-working Americans lost a lot – including their retirement savings. Some economists are predicting the next recession is just around the bend, so now’s the time to prepare.

How? Use American Hartford Gold to diversify with an asset like gold or silver, either delivered to your door or into your IRA.

According to some experts, there may be less than 20 years’ worth of mineable gold remaining in the ground. They ain’t making any more of it.

American Hartford Gold has an A+ rating with the Better Business Bureau. You’ll even receive up to $5,000 in free silver, delivered straight to your door, on qualifying purchases.

See why thousands of Americans are turning to gold and gold IRAs to protect their wealth. Get your free investors kit now.

4. Don’t let home repairs drain your bank account

Home repairs aren’t cheap. Whether it’s a leaky roof or a broken appliance, your home can quickly become a nightmare and cost you hundreds or even thousands of dollars to fix.

But you don’t have to worry. Luckily, with a home warranty company called America’s 1st Choice Home Club, you can safeguard yourself against giant repair bills. From home appliances to electrical, plumbing, heating and cooling systems, it can all be protected.

Plus, their in-house service team is available 24/7 to help and ensure a hassle-free repair process if anything goes wrong. You can even choose your own technician, or they can send you one from their nationwide network if you don’t have someone in mind.

All over America, homeowners are choosing AFC Home Club for the savings, service and peace of mind that it delivers.

Stop worrying about household breakdowns, and get a free quote in 30 seconds.

5. Get an extra $1.7 million for retirement

A study by investment firm Vanguard found that, on average, a $500,000 investment over 25 years would grow to $1.7 million if you manage it yourself, but more than $3.4 million if you enlist professional help.

Of course, there are no guarantees a professional will do better than you, but with that much at stake, isn’t it crazy not to at least check it out? If nothing else, they can help you create a plan, maximize your Social Security, protect your assets and offer you peace of mind by ensuring you’re on the right track.

And thanks to a totally free matching service it’s easier than ever to find the perfect local pro. You fill out a short questionnaire and are instantly matched with up to three local fiduciary financial advisers, all legally bound to work in your best interests.

The process only takes a few minutes, and in many cases you’ll be connected with an expert immediately for a free retirement consultation.

Nothing to lose, lots to potentially gain: Take a minute and check it out right now!

Bonus: Get smarter with your money in just five minutes

You get it. This is the time to sock away money, to save more, to get your finances in order.

But you also get that it’s not always easy. If there were just one easy thing you could do, every day, to move the needle, to get ahead of the game, you’d do it, right?

Well, here it is: Take five minutes every day and check out the totally free Money Talks Newsletter. More than a million Americans have, and they’ve reported saving an average of $991.20 each by checking our news and advice.

If you want the best tips and strategies to help you make more and spend less, delivered straight to your inbox, sign up for our free newsletter today.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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