Sunday, May 13, 2012

Reduce Transport Costs and Invest more money

The next important expense to reduce so you'll have more money to save is transportation. Transportation like housing and food is very important, but there are several things you can do.

You could move close to your office. If you are only a kilometer or two away from the office you could walk to and from work. Not only will you save money, you'll increase your fitness and probably lose a little weight.

If you are not quite that close you might be able to go to work by bicycle. Biking to work is also great exercise.

If you have a car, consider carpooling with those you work with. Either take turns driving or give gas money.

If you don't have children sell your car. If you are married just have one car for both of you to use. One car per person is a very recent concept that you don't have to follow.

Living in a large city often means long commutes however it also means the option of taking a bus or taking the subway.  Do a cost comparison between driving, carpooling, and taking public transportation when it is too cold to walk or bike to work.

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