What’s the Compromise? – Transportation


If you have attended a class by CCCS, you might have heard us teach “What’s the Compromise?” This class is all about saving money in different areas: transportation, groceries, cell phones, etc. Today, we will talk about how to save money on transportation costs. We suggest that you keep your total transportation costs to 20% or less of your net income, not your gross income. This includes car payments, gas, maintenance, tags, taxes, and insurance.


  • Shop around for your car insurance. Get quotes from at least five different companies.
  • Take a defensive driving course. This can help lower your insurance cost.
  • If your car is worth $4,000 or less, comprehensive and collision insurance might not be worth it.

Buying a car:

  • Before you buy your next car, research it through Consumer Reports, Kelley Blue Book, Carfax, and Edmunds.
  • Know what the car you are interested in is worth, and do not be afraid to negotiate on the price.
  • Do not buy a new car. Most cars lose 20% of their value in the first year.


  • Spend the money on proper maintenance, especially oil changes. Taking care of your car will help it to last longer. Most engines will go about 200,000 miles if properly maintained.
  • Check your tire pressure regularly. Maintaining your tires will help them last longer and can increase mileage.
  • Slow down! You can improve your gas mileage if you slow down and you are less likely to be in a car accident.

Is there something missing from the list? Let us know! If you want to learn more about saving money on transportation, give us a call today at 316-265-2000.