Thursday, June 5, 2008

18 Tips on Saving your Petrol

Petrol is very expensive everywhere now, even in a petrol-rich country like Malaysia! It's fact and life goes on, we are forcing to accept it. So have you plan how to cover your additional petrol expenses?


Plan to sell leg and hand to exchange for petrol?

I'm currently using a Wira 1.3cc Manual. My petrol spending is about in average of RM160-200 monthly with the previous petrol price. I will spend extra about RM350 per year after RM625 rebate. Why I need to pay extra for that if I have tips to cut them off?

Dont worry, I have a quick tip for you here, especially for Sarawakian and Sabahan.
Brunei current petrol price is B$0.53 per litre (Diesel B$0.31) and it hasn't been revised since 5 years back, because the government is kind and love their citizens. After convert it's only about RM1.25. Extremely cheap? Not only that, vehicle and road tax there is also very cheap, with B$18,000 you can get your lovely Toyota VIOS drive home. You get higher pay after converted, no toll, no government tax, no personal income tax, no service tax, less barbarians, rice & cooking oil is fully subsidize, etc & etc. Brunei dollar is attached with Singapore dollar, and it is keep rising over the last 10 years, and now the rate is about B$1 to RM2.36! So don't wait anymore, pack your luggage now and migrate to Brunei to work or become a boss, so you will not suffer anymore.

I was just kidding. You won't do that right?
Unfortunately I'll be doing that very soon, but perhaps it's for temporary only. So don't envy me please.

Back to my topic, I'm trying to share 18 tips of how to save your petrol. I introduced tip #2 to my colleagues and all of them opted for it after the announcement, including their spouse. It seemed not many people are knowing about this. Unfortunately, none of them thank me for doing so, but surprisingly some of them thanked another colleague who contacted the card agent instead. It's relatively okay for me, sometimes we did really forget to thank the right person.

After a thought, I decided to write this post as I think the tips below may helps you. Please kindly take a look.

1. Go for Petrol RON92
After price hike, the new petrol price is listed as below:
Petrol RON97 - RM2.70 (RM2.68 for East Msia)
Petrol RON92 - RM2.66

RON92, 95, 97

You can use Research Octane Number (RON) your car is tuned for, by checking your car manual’s fuel section. Most of the cars are tuned for RON92, except luxury cars. Furthermore, using RON97 won't increase vehicle mileage and power if the car is not tuned for that octane level. If you opt for RON92, you are able to save 2-4 cents (0.75-1.48%) per liter, without any change in performance. And you will able to save RM88.80 a year if you spend in average of RM500 petrol a month.

2. Get a Credit Card with Cash Rebate
There are a few banks offer cash rebate when you spend at any outlets, especially on petrol station. If you are using CIMB Petronas, UOB One or Citibank credit card, you will enjoy about 2-5% monthly cash rebate on your petrol expenses. If you calculate 2% rebate based on spending in an average of RM500 petrol a month, you will save about RM120 a year.
For credit card selection in details, you can refer to my previous post.


Cash Rebate Credit Card


3. Get a Fuel Efficient Car
You are paying a lot more if you driving a high CC car and it's not fuel efficient. It's worth and try to change a fuel efficient or lower CC car for long term saving (not for rich guy to do so). So which type of car is consider fuel efficient? I believe some experts have done their homeworks. One of the reference web site listed 25 cars that officially achieve at least 16.74km per liter on a highway. Well, you'll see only very few of them are Malaysian made cars, it's relatively okay.

I've read a Taiwanese vehicle magazine last year, with the comparison of the hot economy cars, Honda Civic is the most fuel efficient car. Perhaps you can try it as well. Toyota VIOS is pretty okay too. But the only mistake is, both of them are selling with automatic gear in Malaysia.

Another good thing is, if your car is under 2,000cc, you're also entitle to get a cash rebate of RM625 a year from gov. So with the combination of #1 + #2 + RM625, you can save about RM833.80 per year! Meaning you can enjoy pump up to RM171 per month, without having to pay more with the new petrol price. But, for diesel car, I can only shake my head.

4. Obtain Last Drops
There is still a little flow of petrol after the petrol pump reached what you paid for. So don't let the worker pump the petrol for you, just pump it yourself for the sack of petrol saving. When you take your hand off the lever, give the pump quite a few seconds to let all the petrol flow out, you can even turn the lever around to get every last drop. I used to do that, it's really quite a few drops, especially diesel. This will ensure you get all petrol you pay for, and also stop it to splash to your car or clothes when put the nozzle back.

5. Right Time to Pump
It is advisable to pump your petrol under cold temperature, either in the morning or evening. This is because Petrololine becomes denser in colder temperatures. Petrol pumps measure the volume of fuel you pump, not the actual density. If you fill up your petrol tank in the coolest condition, you will get better petrol price economy. I started to practice about this for a couple of months, and seems it makes a slight difference.

6. General Driving
Perhaps you already know, the way you drive affects how often you have to fill up. You can take note of the followings:

a) Avoid high speed - If you manage to cut your average speed from 110km to around 80km, you will save about 25% petrol consumption, especially auto. You can try. I normally maintain my speed at 70km with 5th gear rolling.

b) Smooth driving - Avoid sudden acceleration or brake, plan for your traffic ahead.

c) Use the right gear - No one is rolling 3rd gear with 90km on the highway, that's pain.

d) Close your window - Close them will allow your car be more aerodynamic, if you insist open , it will causes significant drag which increases fuel consumption.

7. Maintain Your Tyres
Tyres might costing more petrol consumption if you are not maintaining them.

a) Pump tyres - Under inflated tyres increase resistance to your car, and it burns more petrol for your car to move. Check your car manual or driver's glove compartment door for recommended pressure. It's free and it able to instantly improve your fuel consumption. Anyway, pressures should be checked cold, as there is an increase when the tyre has warmed up after being driven.

b) Use thinner tyres - Thicker tyres have more resistance and more fuel consumption. Fitting thinner tyres will improve your fuel consumption. If possible, don't change your car's factory default tyres size, or else you can just get advise from the garage. I never change my rim and tyre size of my car, perhaps i'm stingy on them, haha.

8. Wheel Alignment
If your discover your car tyres appear to be unevenly worn, or your car steeling is not balance when you driving, most probably the wheels need to be realigned. Improper alignment affects the handling of your car and again, increases fuel consumption. It shouldn't be expensive for normal car and the range is about RM25-45 depends on area.


Make sure the mechanic adjust them down to 0.00-0.01 for best practice.

It is advisable to check it every 4 months or 10,000km. But it also depends on how you use your car. i.e. frequent outstation, see hole hit hole etc. I hit about 10 holes a week in average, due to the poor road condition around my living place.

9. Car Maintenance
Know how to maintain your car is always important and sometimes it's just not about fuel saving.

a) Motor oil - Using clean oil can reduces the wear caused by friction of moving engine parts, helps to improve fuel consumption. Your motor oil should be keep track and changed on time, based on usage or period. Ideally should be change every 4,500km or every 5-6 months. It can last longer if you using semi or full-synthetic oil. You can even service yourself by saving labour fee of RM6-10, and motor oil & oil filter of RM10-30, as it is very easy to do so. If possible, stick to your car brand motor oil to avoid performance issue.

b) Air filter - Clogged air filter did increase fuel consumption by restricting airflow to the engine and it should be cleaned or replaced when necessary. Normal air filter won't be expensive. Cleaned air filters able to increase fuel consumption by up to 10%.

Air filter


10. No Air-con
We used to enjoy air-conditioning before this. But it does increase our petrol consumption, by as much as 10%! When the weather is cool or perhaps we only can practice it between 6pm - 7am, you can try to have the fans on cool, instead of having the air-con on, or turn the window down slightly. If you still feel warm, then just on the air-con!

11. Make your Car Lose Weight
Is your sport shoes, water bottles, shirts, underwears, magazines & books, rubbishes are still left inside your car? How about roof rack and kits?

The heavier your car is, the more fuel it consumes. So please slim it down today and start to save some bucks. Hey, if you try to remove your audio system is still consider okay, please don't remove your spare tyre and car back seats, people will laugh at you later.

Hey, what if, may be put off some weights from you will helps too? Just kidding.

12. Try Fuel Booster
Most of the fuel booster claimed that they able to save your petrol consumption aggressively, like VNET claimed it can save up to 25%, where 88db just claimed that it able to save petrol. May be they are hot cake, but I don't know because I never try it. I asked one of my ex-colleagues, he said no difference after using it (local x-brand). If you have tried any and confirm it is efficient, please kindly recommend to us here.
Please make sure you are not the one sell fuel booster!

13. Avoid Engine Idle
Idling your engine more than a minute consumes much more fuel than restarting the engine. So you can try minimizing petrol wasted in idling by stopping the engine first, if you plan to stay more than a minute.

14. Reduce Trips to Petrol Station
You can try reduce your trip to petrol station, by pumping full tank every time you visit it. It's worth because you won't waste your petrol and time to wait and park at the pump, and restart your engine. You can calculate the extra miles you spend and drive in and out from the petrol station.

Your should also keep a small notebook and pen in your car, to record your petrol purchases and mileage between filling up. If you get in the habit of know exactly how much you spend on petrol, you'll become more conscious of how much you are spending.

15. Make Payment Online
With the advent of the Internet banking launched by most of the banks, you can pay almost all your bills, credit card and do bank transfer online. Even online stock market and unit trust investment are available now. This wonderful system does save us a lot of petrol, energy and time, and it's free! So we should make fully use of it. :)

Except that if you want to withdraw your money, or someone owe you money who doesn't want to bank in to your account.

16. Take Wiser Route
Avoid rough, longer, many traffic lights and traffic jam roads. Listen to radio before you go out (not applicable to Sarawakian & Sabahan). Take the wise route to save your petrol.

17. Other Alternatives
You may look for other alternatives when you unable to save much on your car.

a) You may try car pool with your colleagues living within the same housing area, brother and sister etc. It saves a lot.

b) Switch to public transport like commuter, LRT or bus. But I think you don't use to it right. Government should invest more on public transport to make it better and integrated.

c) Motorbike might able to save much, but it has it's level of danger, and Malaysia weather is hot, not worth it yet. It goes the same to bicycle.

18. Stay at Home
Cut down your social life and entertainment outside.
Start a blog now and spend some time to manage it, like me xp.
Or you can do something else at home, like watching TV, listening to radio, play video/online/computer games, read newspaper/magazines/books/blogs, surfing, make loves, educate your children, care about your parents/grandparents, play with your pets, cleanup your house/car, do works leftover from office, exercise, resting etc etc. There's too many of them you can do at home.
It sounds pain for some of us, don't worry, actually we can get more income to cover the hiked fuel price. This sound more simple right.

That's about it. Hope it helps and works for you.
Do recommend if you have any good idea for us.

Annoucement from P.M.

I believe you have see/read newspaper or news with your big eyes. We are surprised by the sudden attack of price hiking from the government and our P.M. So what's your plan to cope with these issues? Before we make a move, let's look at the issues in details first.

1. Petrol

Our PM announced some changes to Malaysians on yesterday afternoon. Of course, the breaking news was the petrol price up effective from 12am this morning.


Malaysia fuel price history

The new retail price at:
Petrol RON97 – RM2.70 (previously RM1.92), East M'sia RM2.68
Petrol RON92 – RM2.66 (previously RM1.88)
Diesel – RM2.58 (previously RM1.58)


Vehicles queue long to get last day cheap petrol

This announcement has caused serious traffic jam among all roads/highway which has petrol station attached from 7pm - 12am, all over Malaysia.

Fortunately there are some rebates listed as follows:
a) RM625 per year for the private vehicle with engine capacity of 2,000cc and below.
b) RM150 per year for each private motorcycle with engine capacity of 250cc and below.
c) RM200 reduction on road tax for private petrol and diesel vehicles with engine capacity above 2000cc.
d) RM50 for private motorcycles with engine capacity above 250cc
However, this is definitely not sufficient for most of the vehicle consumers.

A simple calculation shows that unless we consume less than RM128.20 per month, or else you will paying more after rebate deduction. And I've calculated, I'm paying 36% more for the fuel price monthly, compare to the previous fuel price. You can have your simple calculation here.

This is a very bad news for Malaysians, but surprisingly, there is more burdens to come!

2. Electricity
For electricity, there is also adjustment for the charges.
a) Commercial and industrial – 26%
b) Retailers and small restaurant operators – 18% (for first 200kWh per month)
c) Residential – new pricing structure for users above 200kWh per month


The more you use, the more you pay.

Another bad news for me, my house has no air-con and only live with 3-4 people. My house is consuming average of 360kWh per month man! RM80 become RM94.40 soon. -.-
I think to keep under 200kWh for people who live in the city, some conditions need to be apply.
a) No air-con
b) All out and all things consume electricity are off, except refrigerator, during working hours.
c) Maximum 2-3 people staying in the house.
d) Reduce usage of TV, video games and water heater.
e) Sleep early and leave the house for work early.

3. Service tax threshold for restaurants and eateries
It's bad, but there is still a little good news from P.M. announcement. There will be service tax for restaurants and eateries with annual sales of RM3 millions. Previously it was RM500,000.

As RM3mil is not easy to reach, the small & medium restaurants and eateries are not suppose to collect 5% government tax from us! If they still do the same thing, ask prove from them and request official receipt from them! At least not allow them to earn our blood-sweat money easily!

4. Impacts
So what are the major impacts for these?

Well, there will be more and more bad news coming very soon.
Some prices are confirmed to be hike are:
a) Imported rice, hiked 100%
b) Transportation charges, increase 60%
c) Foods & drinks
d) Properties
e) Petrol - to be reviewed by government every month, target is RM4.

Besides, KLCI also dropped dramatically these 2 days, expecting to drop more for the following days.
And we also noticed P.M. web site being hacked this afternoon. 0.o

7 Myth of Impacts:
a. More bicycles, motorcycles and small CC car like Kancil around, true.
b. More robbers around, may be.
c. More financial planners around, true.
d. More police and government servants involve in corruption, may be.
e. More talented employees migrate to other higher pay countries, true.
f. Less vehicles around and less traffic, unlikely.
g. Less spending and dine outside, confirm.

5. Inflation
Bank Negara Governor, Tan Sri Dato Sri Dr. Zeti expecting the year 2008 inflation will be about 5%, and Q1 2009 is about 5.3%! I believe it may be more than that, easily. That's mean if you put your savings in bank FD yearly 3.7%, you definitely making a loss, of 1.x%!


Dr. Zeti is surrounding by journalist like a pop star today.


6. Plan
Don't worry, just be positive, life goes on and we will sure get our way in.
At this moment, we just try to save as much as we afford to and get as much income as we can, while we waiting for August to see what our government has to say again. Hehe.

I will discuss on some petrol saving tips on my next post.
Boleh bah, kalau kau!

Wednesday, June 4, 2008

Creative Birthday Card

Referred to my previous blog, I did talk about KC Lau is a local blogger from Penang write about personal finance, and now I will talk about how I discovered KC Lau. In fact these 2 matters are not related. Haha!

Yes, I'm looking for unique birthday card from the Internet for my female friend (please don't ask me who, just a friend) birthday on last week. From the wide search engine, I found this web site having very unique and creative birthday card, it's 3D! I'm trying my way to get it, and luckily, I found out that his blog post that he is giving away one of these birthday card for free!

Have a look at one of my favorites.
"Break the Birthday Code"

That's perfect and I shall able to get it via mail!

You want one of them too? Refer to the instructions from KC Lau and you can get one too easily!
Don't forget to read his personal finance tips to help him generate some income too.
Cheers!


Update:
Have you try it? I got all series of 3D birthday card due to I'm the 1st one did that! Very nice of them, to be send out to my friends soon. ;)

 
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