One of the highest costs people working outside the home incur is commuting. A commuter will spend between $166 and $412 per month on commuting costs: that’s between $2,000 and $5,000 a year going into your commute. Finding ways to trim the cost of your commute can help you save money, which you can pump into other areas of life. Thankfully, there are various ways through which you can cut commuting costs. Here are five things you can do to save money on your daily commute.
Walk To Work
If you drive to work daily, you probably spend hundreds of dollars per month on fuel. Additionally, you have to consider car insurance, maintenance and service, and maybe tolls and congestion charges, depending on your workplace. Public transport is not that cheap either because passengers pay around $58.53 for a monthly pass. Walking to work costs nothing and can save you thousands of dollars in the long run.
Invest in Electric Scooters for Adults
If you want to cut your commuting costs, you should get an electric scooter. Electric scooters for adults are cheaper than owning a car. Electric scooters cost $2.93 to power 8 kilometers (5 miles), and the average cost of running an electric scooter is less than $20 a week. With an electric scooter, you do not have to worry about parking fees and fuel costs, and you can use GPS for backroads to avoid traffic. Moreover, you will not have to spend large amounts of money on maintenance and servicing because electric scooters are cheap to maintain and service.
Ride Your Bike
Biking to work can help you save on your daily commute. Commuter bikes cost between $250 and $1,500 depending on the style, brand, and components you seek, with a yearly maintenance cost of about $50. A lock and lights can cost between $50 and $150, depending on the quality. So, even if you go for the most expensive option in each case, you will still save around $7,050 in the first year and 9,000 in subsequent years. Also, just like electric scooters for adults, you will waste no hours in traffic jams.
Use Public Transport
Even though you will not save as much as you would with electric scooters for adults, using public transport can save you money. Using your vehicle can incur maintenance costs and other penalties such as speeding fines, parking fees, and emission tickets. By using public transport, you can save all the money that would otherwise go towards such costs. Some bus companies also offer discount passes on tickets, and special deals, helping you save more money.
Carpool To Work
Carpooling is an inexpensive way to travel to and from work. The idea is simple — instead of driving your car, you use another person’s car and split the cost of fuel and insurance among all the people using the vehicle. Even though you will be paying more than you would if you invested in electric scooters for adults, you will only be paying for the car when you use it.
Save Money on Your Daily Commute
Commuting to work using your car is expensive and will eventually dent your wallet. The above steps can help you save money on your daily commute while getting you to your destination in time.