With gas prices on the rise, finding ways to save money on transportation expenses is a must. Last year, my dad came home and announced he was going to start biking to work. He was tired of paying $160 a month to fill up his car.
“Part of your route to work is uphill. How are you going to do that?”
My skepticism didn’t discourage him. He shopped around and found an electrical bicycle for
Ever since then, he has been riding to and from work only turning the bicycle on when he needs to go up a hill.
“It’s such a stress reliever,” he once said while walking through the door. “I like passing all the cars that are stuck in traffic.”
Believe it or not, he hasn’t seen an increase in the electricity bill. That’s because his boss gave him permission to charge his bicycle at work.
Gas prices are $3.94 on average nationally and significantly higher in Los Angeles at about $4.38 per gallon. He uses his car less often now and only pays $65.70 a month. He is saving $94.30 a month. At this rate, his savings in a year will be $1,131.60. In about a year and a half, he will make back in savings the money he spent on the bicycle.
But that’s not the only benefit. My dad lost weight, decreased his sugar and cholesterol levels, all without a gym membership.
His plan is to go car-less to maximize his savings. Can’t give up your car? You can still save money on gas by avoiding pitfalls that waste gas. To save money on gas I take the bus and subway instead of driving. What are you doing to save money at the pump?