Live Life on the Thrifty Side!

People blame the economy for layoffs, unemployment, frugal spending and parsimonious lifestyles- even when it comes to their health and auto insurance. I must admit that even I fall into this category. I cut corners to save money.  For instance, instead of health insurance I have techniques to prevent health concerns and illness: I eat healthy, exercise, and visit a physician at least once a year. Additionally, my auto insurance has low coverage and a high deductible. Oh yes, I live on the thrifty side. But, I am still being careful with my car because I have prevention technique for that too; it’s called Mechanic-on-Duty.

Many Americans are experiencing the same types of issues with insurance and cutbacks. Similarly, American motorists are contributing to the trends of the  auto industry regarding lower insurance coverage, decreased car sales and more frequent repair servicing. 

Recently, I discovered the average car is 9 ½ years old! This means two things: One, the average US motorist has no car payments and lower insurance premiums as a result of lower coverage. Secondly, the decade-old vehicle is likely to need a repair soon.  Presumably, this repair will result in a bill which will  indicate a laundry list of repairs that our low insurance coverage will not cover.

Like many of you, my car is the sole means of transportation for my family. For this reason alone, I wish I could invest more time and energy into my vehicle.  So I do what I can. I cross my fingers, blame the economy, and use Mechanic-on-Duty for all my automotive questions, concerns, pricing and negotiation.

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