Here's the situation: you have two gas stations to choose between for your fuel needs. One station is closer to you than the other, but the one that's further way is selling gas at a cheaper price than the closer station. Which station should you choose to fill up at?
Yes, these are the kinds of questions we seek to answer here at Political Calculations, or rather, the kinds of questions that we make tools for you to answer for your own needs! Enter the indicated data into the input fields of the tool below, click the "Calculate" button, and we'll do the math to figure out which station you should go to!
Of course, it's entirely possible that you're one of those people for whom time doesn't matter. If that's not you, perhaps Mark Perry's point applies:
"And if you drive a typical car more than a mile out of your way for each penny you save on the per-gallon price, it doesn't matter how worthless your time is to you - the gas to get there and back costs more than you save." Source.
The real question to ask then is "how much is your time really worth?"
Labels: gas consumption, personal finance, tool
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
Closing values for previous trading day.
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