How To Afford Gas At $4.00 A Gallon - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

How To Afford Gas At $4.00 A Gallon

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KENNEWICK, Wash. - With gas prices now averaging around four dollars a gallon, some people are finding it difficult to afford anything else.

Tuesday we talked with Mike Wallace, a financial advisor from Edward Jones, to find out a few ways people can stretch their budget. 

Wallace recommends:

First, figure out how much money you make, versus how much money you spend.  Identify which items are necessary and which ones aren't, then spend less money on things you don't need. Finally, don't use to credit cards to spend money you don't have.

"You have to be aware of that budget, how much can I afford to pay instead of getting myself deeper and deeper in debt? It takes a little self discipline at times," Wallace said.  

He also said don't just look at money you spend, also look at the money you save. He said sometimes certain investments help you make more from interest.