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08:31:34 08/04/11
FMK: Living The Bicycle Lifestyle Part 2 of 2 (Frugal Life Philosophy)
[LESS INFO] 1 VIEWS | ADDED 08:31:34 08/04/11
"FREE YOURSELF FROM BEING A SLAVE TO THE MOTOR VEHICLE CAR OWNER INCOME: $40,000/YEAR 1) $20/hour, 40 hours a week, $3200/month, $40,000/year CAR OWNER LOST INCOME: $15,000/YEAR 1) $20/hour, 40 hours a week, Over time pay $30/hour 2) Job location is 30 miles one way, 60 miles both ways. 1 hour commute time 1 way, 2 hours both ways per day, 10 hours/week, 40 hours/month. 500 hours/year. Lost income in over time pay: $1200/month, $15,000/year. 3) Time is seen as lost income b/c it is a forced drive, it is not seen as play, there is no exercise taking place. CAR OWNER EXPENSES 1) Purchases a $30,000 vehicle on a 5 year plan. $500/month, $6000/year 2) Insurance: $35/month, $420/year 3) Gas: 20 miles per gallon in city, $3.25 per gallon. Job is 30 miles one way, 60 miles two ways. 60 miles a day, 5 days a week, 300 miles a week, 1200 miles a month. 60 gallons of gas a month. Gas: $200/month, $2400/year 4) Oil change every 3 months, oil change costs $30. Oil change equates to $10/month, $120/year 5) License plate sticker: $80/year 6) City Sticker: $75/year 7) Misc. Maintenance fees: $30/month, $360/year 8) Parking Tickets: $75/year (3 tickets) 9) Traffic Tickets: $375/year (3 tickets) 10) License Plate: $10/year CAR OWNER TOTAL EXPENSES FOR THE YEAR: $10,000 CAR OWNER TOTAL ACTUAL PROFIT FOR THE YEAR: $15,000 $40,000-$15000-$10,000=$15,000 BIKE OWNER INCOME: $20,000/YEAR 1) $10/hour, 40 hours a week, $1600/month, $20,000/year BIKE OWNER LOST INCOME: $0/YEAR 1) Job location is 5 miles one way. 10 miles both ways. It takes 30 min. one way, 1 hour both ways. No income is lost because the commute is viewed as a 1 hour exercise every day. The bike ride is seen as play, not forced work. BIKE OWNER SAVED TIME CONVERTED TO INCOME: $3600/YEAR 1) The bike owner only lives 5 miles from home so his commute time back and force equals 1 hour per day. Whereas the car owners commute time is 2 hours because the job location is 30 miles away from his home. The bike owner saves 1 hour of time a day over the car owner. 5 hours a week, 20 hours a month. 240 hours year. 2) The bike owner makes $10/hr, converted to ovetime pay it is $15/hr. The additional income converted is $300/month. $3600/year. BIKE OWNER EXPENSES 1) Purchase a $250 bicycle. $250/year 2) Maintenance Fees: $18/year (3 tire flats) BIKE OWNER TOTAL EXPENSES FOR THE YEAR: $268 BIKE OWNER TOTAL ACTUAL PROFIT FOR THE YEAR: $23,332 $20,000-$268 $3600=$23,332 THE BIKE OWNER MAKES OVER $8000 PER YEAR MORE THAN THE CAR OWNER IN THIS EXAMPLE"
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08:29:31 08/04/11
FMK: Living The Bicycle Lifestyle Part 1 of 2 (Frugal Life Philosophy)
[LESS INFO] 0 VIEWS | ADDED 08:29:31 08/04/11
"FREE YOURSELF FROM BEING A SLAVE TO THE MOTOR VEHICLE CAR OWNER INCOME: $40,000/YEAR 1) $20/hour, 40 hours a week, $3200/month, $40,000/year CAR OWNER LOST INCOME: $15,000/YEAR 1) $20/hour, 40 hours a week, Over time pay $30/hour 2) Job location is 30 miles one way, 60 miles both ways. 1 hour commute time 1 way, 2 hours both ways per day, 10 hours/week, 40 hours/month. 500 hours/year. Lost income in over time pay: $1200/month, $15,000/year. 3) Time is seen as lost income b/c it is a forced drive, it is not seen as play, there is no exercise taking place. CAR OWNER EXPENSES 1) Purchases a $30,000 vehicle on a 5 year plan. $500/month, $6000/year 2) Insurance: $35/month, $420/year 3) Gas: 20 miles per gallon in city, $3.25 per gallon. Job is 30 miles one way, 60 miles two ways. 60 miles a day, 5 days a week, 300 miles a week, 1200 miles a month. 60 gallons of gas a month. Gas: $200/month, $2400/year 4) Oil change every 3 months, oil change costs $30. Oil change equates to $10/month, $120/year 5) License plate sticker: $80/year 6) City Sticker: $75/year 7) Misc. Maintenance fees: $30/month, $360/year 8) Parking Tickets: $75/year (3 tickets) 9) Traffic Tickets: $375/year (3 tickets) 10) License Plate: $10/year CAR OWNER TOTAL EXPENSES FOR THE YEAR: $10,000 CAR OWNER TOTAL ACTUAL PROFIT FOR THE YEAR: $15,000 $40,000-$15000-$10,000=$15,000 BIKE OWNER INCOME: $20,000/YEAR 1) $10/hour, 40 hours a week, $1600/month, $20,000/year BIKE OWNER LOST INCOME: $0/YEAR 1) Job location is 5 miles one way. 10 miles both ways. It takes 30 min. one way, 1 hour both ways. No income is lost because the commute is viewed as a 1 hour exercise every day. The bike ride is seen as play, not forced work. BIKE OWNER SAVED TIME CONVERTED TO INCOME: $3600/YEAR 1) The bike owner only lives 5 miles from home so his commute time back and force equals 1 hour per day. Whereas the car owners commute time is 2 hours because the job location is 30 miles away from his home. The bike owner saves 1 hour of time a day over the car owner. 5 hours a week, 20 hours a month. 240 hours year. 2) The bike owner makes $10/hr, converted to ovetime pay it is $15/hr. The additional income converted is $300/month. $3600/year. BIKE OWNER EXPENSES 1) Purchase a $250 bicycle. $250/year 2) Maintenance Fees: $18/year (3 tire flats) BIKE OWNER TOTAL EXPENSES FOR THE YEAR: $268 BIKE OWNER TOTAL ACTUAL PROFIT FOR THE YEAR: $23,332 $20,000-$268 $3600=$23,332 THE BIKE OWNER MAKES OVER $8000 PER YEAR MORE THAN THE CAR OWNER IN THIS EXAMPLE"

