Cycling To Save Money

Cycling is an excellent way to save money, especially if you would like to get fit and save time around town. These are some of the ways that cycling can save Money

Bikes are Cheap.

A good commuting bike can be bought for £200 ($400). You can spend less and you can certainly spend more. But a £200 bike will be fine for commuting and getting around town. A well maintained bike can last for upto 40 years. There will be some maintenance costs, but compared to a car these are minimal.

Here I tried to work out the cost per mile of cycling As you can see it is pretty low – 6p per mile and that didn’t include resell value of bike.

Save Bus Fares / Petrol.

50% of car journeys are less than 2 miles; these distances are easily cycleable. With panniers they will be able to carry most of our shopping as well. With petrol and parking costs rising, the bike can provide an excellent alternative for transport.

Save Subscription to the Gym.

The problem with gym membership is that a) they are expensive b) many people then struggle to find time to go. Instead of buying gym membership why not buy a bike and cycle to work. In that way you can get fit without losing too much time from the day. Cycling in the fresh air is also much more invigorating than exercising inside with 10 other sweaty people keen to show off their biceps.

When Does Cycling Become Expensive?

Cycling becomes expensive if you become a keen racer, or wish to view cycling as the latest fashion accessory. Cycling is expensive when you start buying carbon fibre wheelsets for over £1,000.