Everyone Is a Winner When it Comes to Saving Money
Find out if you’re getting ripped off on your car insurance in less than two minutes.
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Some people are living their dreams by working in a field they love, like these LGBTQ auto shop owners who loved cars so much they made a business out of it. For one Florida man, opening an auto shop was a dream that was just as sweet as winning the lottery.
One man in Florida opened the auto shop he always wanted to, and he won the lottery.
While we can’t all be lottery winners, we can be winners when it comes to saving money, especially in one aspect of many people’s lives, our cars.
Auto shop owner wins $1 million lottery
According to Local 10, Brian Woodle achieved his dream when he opened up a shop in his hometown of Callahan in northeastern Florida.
After his first day at the new repair shop, Brian Woodle went to a store to purchase a few items. While there, he purchased a $5 lottery ticket. When Woodle scratched the card, he learned that the great day had gotten even better. The ticket he purchased was worth $1 million.
Woodle opted to go with a lump sum of $880,000, which will most certainly be helpful for the new repair shop owner.
Money-saving tips for the rest of us
For those of us not lucky enough to win the lottery, saving money is a must. Here are some tips on how to save money on car insurance.
One thing to pay attention to that impacts the cost of car insurance is how safely you drive. Accidents could raise insurance costs, and programs like telematics could give you lower rates for safe driving habits.
While there is currently a movement to stop credit checks affecting car insurance rates, this practice is still going on in many states.
So another thing to consider is trying to raise your credit score. It may not seem entirely fair, but a higher credit score can lower your premiums. Credit scores can be improved by doing things like paying bills on time and paying off debt.
The car that you drive may also affect what you pay for insurance.
Insurance companies measure vehicle safety ratings and other factors like how often a particular model is stolen. This leads to some vehicles having higher insurance costs regardless of who’s driving.
How else can you save money?
When it comes to your car, expenses can add up quickly, especially if you live in a state with high gas prices. Luckily, there are a few ways you can save on that expense and pocket some extra cash.
Some tips to save on gas include: easing into the acceleration while driving, turning off the AC if you’re driving under 45 mph, using cruise control, and properly maintaining your car. You can also use apps like GasBuddy to find the cheapest gas near you.
One last way to save money is through comparison shopping, especially for car insurance. Jerry is an innovative car insurance comparison service that uses artificial intelligence to gather quotes from top insurance providers. This can help you find cheap car insurance without the hard work.