As the owner of a vehicle, it is vital that you are planning ahead for the potential cost of car repair services. This way, should your vehicle break down when you least expect it, you will not have to go into a panic over how you are going to come up with the money to fix it. After all, you might not want to find yourself in a position where your vehicle is going to remain broke down because of a lack of funds to take care of the problem.
Set Aside Prepaid Debit Cards
For anyone that has a hard time setting aside cash because it is easily spent without remembering what it was set aside for, the prepaid debit cards might be the best option. You can purchase one prepaid card that you are able to continue to load additional money on to it as you get it. If that is not an option, you can purchase a new prepaid paid every time you have a small chunk of money that you can set aside for a future car repair bill. If your mechanic does not accept debit cards as a form of payment, you will simply take those cards to the ATM to withdrawal the cash. Just remember that there will most likely be some ATM fees that will be taken from each card you withdrawal money from.
Save Money In A Bank Vault Box
If you really have to make sure that you do not have easy access to money that you want saved for future automobile repairs, you might want to consider renting a bank vault box. This way, you can place the money in there, along with anything else you want, and you can only access it during regular banking hours. Not only that, but you would have to go into the bank, request access to your vault box, and go through the whole process. The fact that this will take much more effort than simply sliding through the drive-through ATM will make it less likely that you will go to grab that money to spend on anything other than what you are saving it for.
With just those two tips in mind, along with any others that you stumble across along the way, you should find that it is going to be a little easier for you to save up the money you will inevitably need someone in the future for auto repairs.Share