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5 Ways A Bike Will Save You Money

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As the world becomes more environmentally-conscious, more and more people decide that buying a bike is the right thing to do. Why would you do it too and how can a bike save you money? Read on and find out more about some of the most important things to know when it comes to this.

Less Money Spent on Gas

If you are like a lot of people out there and you have to commute to work every day, you will probably be more than happy to skip the monthly gas bill (especially with the prices going crazy these days). On average, it is believed that a driver will spend about $2,700 every year just for the gas bills for his/her car. By replacing your car with a bike, you automatically save all that money. Just imagine what you could do with almost $3,000 in “extras”! You could finally go on holiday, buy yourself something nice, replace something in your home or simply enjoy the psychological comfort of having some money saved for the rainy days.

Less Money Spent on the Car Itself

Being a car owner is not just about spending money on gas. It is about spending money on buying a car and on maintaining at as well. More than $5,000 can go out of your pocket every year if you purchase a used car and have it repaired/checked a few times. Thus, the cost of having a car can rise to as much as $8,000 – and that’s a lot of money any way you look at it. By comparison, the costs of maintaining a bicycle will not exceed about $300 every year (so this means that you can save at least $7,700 yearly just by replacing your car with your bike).

If you don’t usually take the car to work, but choose some form of communal transport, the costs of doing this will not rise as high as those of being the actual driver. However, they are still much higher than those of buying and maintaining a bike, so it will definitely be worth it to invest in one as well!

Less Money on Medical Bills

We don’t like of thinking about the option that we could get sick. But the truth is that we can – and even more so when we don’t exercise. Working out regularly (and yes, this includes biking as well) will improve your blood circulation, your respiratory system, your muscular system, your bone system, your immunity and even your digestion. Plus, it will make you less anxious, depressed and stressed out as well! In other ways, biking can be the pill to take for ultimate health. And this means that you can save a lot of money on all sorts of medical bills (visits to the doctor, medication and so on).

No More Having to Pay for the Gym

If you are already health-conscious and you go to the gym on a regular basis, you can do the math on how much money you spend on this. Sure, it’s really healthy and if your target is to build muscle, you will have to go to the gym as well. But if your main goal is simply being healthy, slim and feeling good, a bike will do the trick (and more).

The Chance to Make More Money

OK, having a bike will not give you a raise. But what it can do is make your brain function better, improve your ability to concentrate and memorize things and make you generally more active. In other words, it can make you better at whatever it is you do at work. Consequently, this could improve your odds for a raise as well (which is not technically saving money, but it definitely falls within the “taking care of your finances” category).

Buying a bike is a great investment, for not only your health but your bank balance too. Don’t forget to invest in a high quality helmet to ensure your safety at all times. Enjoy!