I’m so excited to start this new series! Each week, I’ll focus on some common beliefs about saving/spending money and we’ll find out if they are fact or myth.  I’ve found that there are a lot of common misconceptions about saving money.  Nothing that will drain your wallet faster than falling into a trap.  So,  I’d like to clear up some of these myths and get to the truth behind them.  Do have your own fact or myth questions?  Feel free to email me (or post them in the comments) and I’ll feature them in a later volume and fill you in on whether they are fact or myth.  Here we go with this week’s questions:

Question #1:  Running the car while making a short stop will save more gas than turning it off and starting it back up again – MYTH!  I’m not sure where this myth originated, but my husband was a total believer until I showed him solid proof.  According to a local Public Service Announcement, if you’re going to be running your car for more than 30 seconds, it’s worth it to turn it off.

Question #2: To find the best prices on groceries, you need to look up and down the shelves — FACT!  Grocery stores make sure that the products with the highest prices are the easiest to see and find. These are usually kept right at eye-level.  To save money at the supermarket, look at all the shelves to compare prices.  Also, avoid impulse buys which are located at eye level in easy to find places – like on the way to the milk or eggs.

 Question #3: Leaving your windows rolled down creates an aerodynamic drag on your car, causing your car to use more gas — MYTH!  Opening the windows does increase the aerodynamic drag on a car, but it does not have a measurable effect on the vehicle’s fuel economy.  Alternatively, using the AC does not seem to effect gas mileage as much as in older cars, so this seems safe as well.

Question #4: Keeping the computer on stand-by will reduce its electricity consumption — FACT!  By setting your computer to automatically auto-sleep after 10-15 minutes of inactivity, you’ll save on your energy bill.  However, computers don’t use much electricity compared to the rest of your household.  You’ll save a lot more energy by addressing your heating, cooling and lighting (which I’m sure we’ll cover in another edition of Fact or Myth).

I hope you enjoyed the first edition of this new series.  Stay tuned for more Fact or Myth questions next Friday!

 

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2 Responses to Fact or Myth? Vol. 1

  1. Marjorie says:

    So glad to hear that turning off the car instead of running it saves money. I’ve always done it and thought that it made sense but was never sure. It always bothers me so much when I see big vans running and running while their owners run in a convenience store. What if they get stuck in line? And the keys must be in the van so anybody can just hop in and take off! Also putting your car in neutral while stopped for a long red light saves gas, too – it calms the engine down. And of course slow starts and stops helps, too! Great post.

    • Rebecca says:

      Great! Mind if I use those points for next week’s questions? It will be fun to explore if they’re fact or myth :)

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