Is the daily school run putting you out of pocket?
A surprising new study by Motorpoint has revealed that fuel costs can cause financial hardship for almost a fifth of parents.
The survey found that 17% of parents felt the school run was putting real strain on their family’s finances with the additional petrol costing the household over £300 a year alone.
With yearly trips adding up to well over 100 hours each year, of those taking part in the survey, almost 50% admitted they would spend much less time ferrying their kids around if they had the option.
Not only is there a substantial time investment implicated, parents are also clocking up extra thousands of miles per year taking their children from one place to the next.
Most Common Reasons for Taxiing Children:
1. The School Run
2. Extra Curricular Activities and Competitions
3. Doctor / Dental Appointments (etc.)
4. Visits to a Friend’s House
5. Going to a Party
One in three parents cover more than 30 miles every week and almost one in five do at least 40 miles. Annually, these trips can add over 2000 miles, which is very important to consider when budgeting for your monthly fuel or even a new car.
When it comes to both miles covered and time spent in the car, dads lead the way. Of the fathers asked, over a third reportedly drives their children 30 plus miles per week, compared to just one in five mothers. Twice as many dads say they drive their kids further than mums on average, spending over two hours a week chauffeuring them around.
Although the school run, various sporting events and extra-curricular activities can generally feel like shorter journeys, they can easily add up in terms of time and money. But, despite all this, would you really want to give up those treasured moments with your children to save a few pennies?
Ways to cut your motoring costs:
The Independent have some super tips for ways to cut your motoring costs – let us know if you know any more!
1. Cut your annual mileage
Cut down by walking those shorter distances
2. Make your vehicle more fuel efficient
De-clutter, switch off the air conditioning, drive in the correct gear
3. Shop around for fuel
Avoid service stations, and keep an eye out for supermarket deals
4. Stay safe and within the law
Driving carefully and within the law is crucial if you’re keen to keep your motoring costs under control
5. Don’t accept your insurer’s first offer
Before signing your renewal, make sure you shop around