The price of crude oil closed over $110 a barrel today, and hit $112 a barrel during trading hours, its highest price ever.
I imagine it won’t be long before gas is over $4 a gallon. (Especially considering we’ll probably be at war with Iran before April is over.)
Every extra dollar spent on gas is one dollar less you can use to pay down debt.
Which is why bicycles are looking better all the time…
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I’m a fan of bikes. Today was actually the first day this year that bicycling was possible (all the snow and ice has finally melted).
I live on the outskirts of my town and getting downtown on the bike is only 15-20 minutes. Granted, weather, load of items, etc. doesn’t make it feasible all the time, but it’s something to take advantage of.
Not only do you save money, and the environment, but you improve your health.
I would like to encourage anyone who is contemplating bicycle commuting as a way of saving money. You’ll do that and then some, but you’ll reap even greater benefits – your health! My 2 years of bike commuting has resulted in a 60 lbs weight loss that I have kept off, a dramatic blood pressure reduction, and moving out of the Type 2 Diabetes risk category. Not only that, but I have tons of energy I haven’t had since I was a kid! As to my budget, I would say that I know have $200+ per month not going to car-related expenses. (My car was paid for.) I never realized what an incredible burden it was until I sold it. I cannot imagine what actually owing money for a car must be like.
There are many web sites on the internet that can help get you started. I wish any prospective bike commuters the best in getting started. Once you take the plunge, it’s easier than you might think!
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