Late in May, I decided that my income needed a boost in order to reach my goal of paying off my house by the end of the year. However, with no immediate solutions, I decided that I would just try to save more money, and one of the best ways seemed to be to stop visiting the gas station.
Of course, I just can’t say, “I’m not going to fuel up anymore” and then drive all over the place just like I had been doing in the past. This action would just lead me right back to the gas station each week. I needed to develop a plan that would involve my tennis shoes and my bicycle.
My work is approximately 8 miles away from my house and is mostly through the city. Since the route I take to work has a maximum speed of 35 miles per hour, I can easily ride these roads with my bicycle. By getting my speed up to 20 mph, I feel pretty safe and my bike ride to work only takes 30 minutes. Plus, I get a full hour of exercise each time I ride! It’s a win-win!
So How Am I Doing So Far?
Well, I am 15 days into the challenge and I have already driven 205 miles… It doesn’t sound good, but let me plead my case and give you the breakdown of how I got to this point.
- Drove to work 2 days the first week because I needed to mow a lawn near work (Tuesday) and had to attend a funeral (Wednesday); 30 miles
- Drove 85 miles to run a 5k with my girlfriend
- Drove to my parents’ cottage to chat and shoot the breeze because I hadn’t seen them in a while (approx. 30 miles)
- Drove to the beach twice to watch the boats go through the channel (date night if you will; 30 miles)
- Drove to work 2 days in the second week. Once to mow lawn, and once due to rain; 30 miles
It is amazing how fast the miles can pile up! Fortunately for me, I can often drive 350+ miles on one tank of gas. So, I’m half way through the month and have gone through 59% of my gas. That’s not terrible. All I need is one more solid week of bike riding and I think I can make it!
So what do you think? Can I make it a whole month without spending money on gas?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.