The Savings of Bicycle Commuting and Why You Should Try It

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Posted On: May 23, 2018 by Alpine Bank in: Save Money, Savings, Seasonal

Many people realize that biking to work is better for the environment and healthier. You cut down on pollution, get some sunshine and trim your waistline with cycling. However, did you realize that ditching your car on the daily commute has the ability to bring you great savings? As of 2016, the Bureau of Labor Statistics estimated the average person spent $9,000 a year on transportation costs.  When people first start thinking of cutting their costs, transportation isn’t typically first on the list. This is partially due to the fact that many see it as a necessity that simply cannot be bargained. We are here to challenge this notion and potentially put some money back in your pocket for retirement or a great vacation! Insurance Many auto insurance companies will give you a discount for putting low mileage on your vehicle. You won’t be driving the car as much, so you are less of a risk to the company. Everyone would love to spend less on insurance, right? Investments General