How much does it cost to drive? Driving cost calculators and tools

My girlfriend recently bought a new car. After 23 years, she sold her 1997 Honda Accord to a guy who’s more mechanically inclined than we are. Kim upgraded to a 2016 Toyota RAV4, and she loves it.

One of her primary considerations when searching for a new car was the cost to drive it. In her ideal world, she would have purchased a fully-electric vehicle but it just wasn’t in her budget. The RAV4 hybrid was a compromise. According to fueleconomy.gov, it gets an estimated 32 miles per gallon. (And actual users report 34.7 miles per gallon.)

Cost to drive a RAV4 hybrid

Kim’s quest for a fuel-efficient car prompted me to revisit apps and online tools that help users track their driving and fuel habits. I’ve written about these in the past — and, in fact, this is an updated article from 2008! — but haven’t looked into them recently.

Here’s a quick look at some of my favorite driving cost calculators, tools, and apps.

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Mortgage Rates Hit Another 50-Year Low. Should You Buy?

The average 30-year mortgage rate broke record lows (again) at 2.65%, according to Freddie Mac. This marks the 22 weeks in a row that the average rate has been under 3% and the 17th time records have been broken since the start of 2020. Three of the records were broken in December alone. In response […]

The post Mortgage Rates Hit Another 50-Year Low. Should You Buy? appeared first on The Simple Dollar.

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Mortgage Rates Hit Another 50-Year Low. Should You Buy?

The average 30-year mortgage rate broke record lows (again) at 2.65%, according to Freddie Mac. This marks the 22 weeks in a row that the average rate has been under 3% and the 17th time records have been broken since the start of 2020. Three of the records were broken in December alone. In response […]

The post Mortgage Rates Hit Another 50-Year Low. Should You Buy? appeared first on The Simple Dollar.

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What Is Austerity?

Austerity policies are nothing new. But talk about them in the news has recently escalated. In response to its ongoing debt crisis, the Greek government is preparing to implement austerity measures aimed at helping the country regain its financial footing. … Continue reading →

The post What Is Austerity? appeared first on SmartAsset Blog.

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Investing With the Business Cycle

man reading newspaper

A “business cycle” refers to the periodic expansion and contraction of a nation’s economy. Also known as an “economic cycle,” it tracks the different stages of growth and decline in a country’s gross domestic product, or economic activity. Business-cycle investing is not an exact science and past performance isn’t indicative of future returns. Investors can […]

The post Investing With the Business Cycle appeared first on SoFi.

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