Tag: car
Carpooling
August 14, 2014
Housing, food and transportation are typically the big three expenses in one’s budget, and so finding ways and means to lower these can really boost your escape velocity into the land of the financially independent. There are several great ways to save money in your daily commute, with one of my favorites being biking that I wrote about earlier. Yet, biking may not be for everyone, and you may have to drive as part of your commute. Carpooling is a great way to save money here, Continue Reading
Fuel Economy
August 7, 2014
Buying a fuel efficient car and keeping it for 5 years or more can save you 1000s of dollars in gas. There are plenty of options for getting fuel efficient cars, you can go for hybrids that include plug-varieties, all electric or those that run on diesel. There’s a lot of choices nowadays, and when you are calculating your overall costs you may even want to add in very fuel efficient gasoline cars. One place I have found very easy to use that helps me compare cars of all types and costs associated with each is Continue Reading
Financial Freedom Killers
July 4, 2014
Here is a list of the ways you can rapidly destroy your financial well-being, and so should be avoided!
No. 1. Not paying for insurance. Make sure that you have your basic insurances covered, including medical, life, auto and home. Not covering can open you up to loosing your home, car, etc, so don’t take the chance.
No. 2. Buying too much car. This was my major lesson in finances Continue Reading
Take the Train, Ride the Bus
June 28, 2014
Public transport is a great way to save money and is a less stressful way to commute. Clearly, in the major cities it is much easier, and especially so in parts of Europe, where you can often travel all over very large cities using their subways, trains and buses and on just one type of pass for relatively cheap. Continue Reading
Take the Lesser Known Path
June 8, 2014
OK, so you want to be financial independent. Is taking the same path as average Joe going to get you there? Joe’s road is large and clearly marked, however it is very long and winds a great deal, conveniently taking you via all the major shopping malls. However, I’m not sure this road reaches the final destination of the promised land of the financially free.
Instead, take the lesser known trail, it’s the small one on the side that looks like a bike path, and you can see just a few people walking and biking on it. These people look pretty average, Continue Reading
Frugal Apps – Gas Buddy
May 1, 2014
I’m a big fan of using your bicycle when you can, it gets you in shape, is far better for the environment and will save you a ton of cash as a form of transportation. However, if you need to take the car then gas buddy is a great free app for your smart (hopefully frugal) phone.
With a simple to use interface Continue Reading
Why Are You Not Rich?
April 24, 2014
Are you financially free or even rich? If not, what’s stopping you?
Well, perhaps the main reason is that you may be living like you are rich already, and so hopefully, reading this blog will improve your financial savvy. The following is a list of major traps that can confine you to many years as a financial slave in the rat race, so avoid or escape these as soon as you can: Continue Reading
Skip the Car, Ride the Bike
January 7, 2014
It is quite likely that one of your major expenses is for driving to and from work, thus you can make huge inroads, excuse the pun, to reduce expenses and maximizing your savings here. Take a look at your car loan, your insurance costs, and the (ever increasing) price of gas. These can add up to many hundreds of dollars a month, and that is even excluding any maintenance and potentially costly repairs when your car it’s out of warranty.
What can you do instead? Continue Reading