Car Expenses to Include When Planning Your Student Budget
Posted By: Kara Masterson on May 23, 2022 |
When you’re a student on a tight budget, it’s easy to let certain expenses or needs fall by the wayside simply because you can’t afford them. When living on a budget certain sacrifices have to be made after all. However, when you also have your own car, it's imperative that you do what you can to take care of it. If you don't, the wear and tear will quickly catch up and can do irreversible damage to your vehicle. While gas is an obvious need for cars, there are other expenses you need to account for in order to make sure it remains in good working order.
Tire Repair and Replacements
Your tires carry the car everywhere it needs to go. Don't look at tire replacement as an optional idea. The time will come when you'll need to replace your tires. Set aside money to plan for that expense. Typically, good tires last a few years. However, if you run over a nail or get a flat tire, tire repair is an option to help you get back on the road.
Don't ride around in a dirty car. Take good care of your car from the inside to the outside. Whether you go to the local gas station or keep a hand-held vacuum in your car, vacuum the seats and flooring of the car regularly.
Hang a scented car tree to let a good smell permeate the car. Purchase cleaning solutions that are meant for car interiors. Take your car to the car wash on a weekly basis.
Routine State Check-Ups
Pay attention to the rules and notices from the state your car is registered in. Certain inspections are required periodically to ensure your vehicle remains in road-safe condition. The requirements for what type and how often the inspections occur vary from state to state, but overall you should be prepared to pay a mechanic to inspect your vehicle when the time comes. Otherwise, your risk tickets and paying fines, as well as having your car declared unfit for driving.
Keep an emergency savings fund available. If you fund it with about $1,000, you'll be able to comfortably know that if a crisis comes up with one of the components of the vehicle, you'll be able to cover the repairs and the service fees. While taking care of a car isn't the cheapest expense, it also doesn't have to break the bank when you prepare for the expenses in advance. A car is meant to be a tool that helps to make your life easier. By financially preparing for it, a well-kept car can be a blessing instead of a burden.
If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email!
More From This Author