{"id":511,"date":"2022-02-07T09:07:58","date_gmt":"2022-02-07T09:07:58","guid":{"rendered":"https:\/\/www.safemoneyloan.co.uk\/blog\/?p=511"},"modified":"2022-02-07T09:19:04","modified_gmt":"2022-02-07T09:19:04","slug":"biking-can-save-you-thousands-of-pounds","status":"publish","type":"post","link":"https:\/\/www.safemoneyloan.co.uk\/blog\/biking-can-save-you-thousands-of-pounds\/","title":{"rendered":"How Biking Can Save You Thousands of Pounds"},"content":{"rendered":"\n<p>Let\nus just say that we tend to ignore what\u2019s good.<\/p>\n\n\n\n<p>And\nwhen it comes to money, we overspend.<\/p>\n\n\n\n<p>Both\nof these statements aren\u2019t good practices to lead a good life.&nbsp;<\/p>\n\n\n\n<p>In\norder to make money more appropriately used, you need to aim for both making it\nand saving it.&nbsp;<\/p>\n\n\n\n<p>And\nthat is what&nbsp;<em>Vincent<\/em>, from the neighbourhood, can tell us.<\/p>\n\n\n\n<p><strong><em>\u201cWell, I used to love biking when I was a kid. Back then, I was a\nlot thinner compared to what I am today. But people still envy my athletic\nlooks and it is because I bike to my work, I bike to gym, and I even bike to my\nretail store. While it might be a little odd to say that I have not been using\nmy car for five years straight and sold it 2 years ago; I can tell you that I\nam leading an economically useful life with a happy wife; two children, and our\ndog Pete.\u201d<\/em><\/strong><\/p>\n\n\n\n<p><em>Vincent<\/em>&nbsp;(you can call him&nbsp;<em>Vince<\/em>) is not a biker.\nBut he just transferred his life from the driver to the biker.&nbsp;<\/p>\n\n\n\n<p>He\ngave us a statement of his savings from various areas of his life.&nbsp;<\/p>\n\n\n\n<p>We\nare going to share those points here in this blog.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">You Can Save a Lot\nof Money by Biking&nbsp;<\/h2>\n\n\n\n<p><em>Vincent<\/em>&nbsp;bought this very bike with a small&nbsp;loan for the unemployed with no fees&nbsp;from a trusted lender while he was a student. He worked in a company as a freelance designer then.<\/p>\n\n\n\n<p>And\nhe says it has been one of the best decisions he made.&nbsp;<\/p>\n\n\n\n<p>Here\nis why:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Biking Saves the Cost of Parking&nbsp;<\/li><li>It Can Help You Save More Money on\nMaintenance&nbsp;<\/li><li>You Might Not Need Auto Insurance&nbsp;<\/li><li>You Waste Almost Zero Money in Daily\nTransportation&nbsp;<\/li><li>Biking Keeps You Healthy and Reduces\nHealthcare Costs&nbsp;<\/li><li>You Can Cut Down Gym Costs&nbsp;<\/li><li>Biking Saves Money from Entertainment\nFees?<\/li><\/ul>\n\n\n\n<p>Want\nto know how a bike makes all of these happen? Read more to find out.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Biking Saves the\nCost of Parking&nbsp;<\/h3>\n\n\n\n<p>Parking\nin public areas cost you money.&nbsp;<\/p>\n\n\n\n<p>When\nyou are parking a large vehicle such as an SUV or any sort of four-wheeler in a\npublic space, then you are required to offer a charge.&nbsp;<\/p>\n\n\n\n<p>Probably,\nyou might find areas in the suburbs to park your car at low fees. However, that\nmeans you still need to pay for it.&nbsp;<\/p>\n\n\n\n<p>Besides,\nowning a car also requires you to have a garage.<\/p>\n\n\n\n<p>A\ngarage also needs maintenance costs.&nbsp;<\/p>\n\n\n\n<p><strong><em>In the UK, parking your car can cost you from 1.10 pounds to 1.65\npounds in an hour.&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>With\nbikes, you pay noting of that (not to mention the zero garage fees).&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">It Can Help You\nSave More Money on Maintenance&nbsp;<\/h3>\n\n\n\n<p>Bike\nmaintenance costs way less than maintaining a car.&nbsp;<\/p>\n\n\n\n<p>We\u2019re\njust going to put some facts before you.&nbsp;<\/p>\n\n\n\n<p>We\nfound this from&nbsp;<em>money shake<\/em>:<\/p>\n\n\n\n<p><strong><em>\u201cAccording to research by&nbsp;Kwik Fit, the average UK\ndriver spends \u00a31,295.52 per year on car maintenance and servicing. This\nincludes the price of fuel, taking the car to be cleaned, and any repairs or\nbreakdown recovery needed.\u201d<\/em><\/strong><\/p>\n\n\n\n<p>Now,\nit is the turn for the bike.&nbsp;<\/p>\n\n\n\n<p><strong><em>According to&nbsp;NimbleFins, your bicycle maintenance cost\ncan vary from just 30 pounds to 160 pounds.&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>Bikes\nare required to be serviced once every 3 months to 18 months, depending on how\nyou use them.&nbsp;<\/p>\n\n\n\n<p>You\ngot the statistics.&nbsp;<\/p>\n\n\n\n<p>You\nchoose!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">You Might Not Need\nAuto Insurance&nbsp;<\/h3>\n\n\n\n<p><strong><em>If you consider insurance for your car, which you have to do\nbecause it is an asset, you will spend somewhat 444 pounds as a premium on an\naverage rate.&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>That\nis still a lot of money when other car repair expenses, car maintenance and\ndriving costs are added.&nbsp;<\/p>\n\n\n\n<p>If\nyour bike is damaged, you can repair it with 45 to 50 pounds.&nbsp;<\/p>\n\n\n\n<p><strong><em>In case you want insurance, you can still buy a premium that\nstarts from the same 50 pounds.&nbsp;&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>Again, you can determine where you want to invest the money had you taken out a <a href=\"https:\/\/www.safemoneyloan.co.uk\/bad-credit-loans-for-unemployed.html\">small&nbsp;loan for the unemployed with no fees&nbsp;online<\/a> a few moments ago.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">You Waste Almost\nZero Money in Daily Transportation&nbsp;<\/h3>\n\n\n\n<p>Bikes\nsave the rider in many ways. One of them is reducing transportation\ncosts.&nbsp;<\/p>\n\n\n\n<p>Before\nyou choose bikes, let us look at some scary facts.<\/p>\n\n\n\n<p><strong><em>You spend somewhat 84 pounds on public transportation fees per\nmonth. If you choose a car, then you can spend almost 84 pounds again just on\ncar fuels (don\u2019t even think of the other costs).&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>With\na bike, all these costs are nullified.<\/p>\n\n\n\n<p>And\nyou achieve nearly zero transportation costs.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Biking Keeps You\nHealthy and Reduces Healthcare Costs&nbsp;<\/h3>\n\n\n\n<p>Biking\nkeeps the heart healthy. It helps the mind be refreshed, and it increases your\nproductivity stretch.&nbsp;<\/p>\n\n\n\n<p>It\neven controls your joints fit.&nbsp;<\/p>\n\n\n\n<p>Regular\nbikers have a really good time biking and have fewer health problems. This\nmeans fewer numbers of visits to the GP and way more money saved in their\npockets.&nbsp;<\/p>\n\n\n\n<p>Don\u2019t\nbelieve it?<\/p>\n\n\n\n<p>Well,\nbelieve&nbsp;<em>The Conversation<\/em>:<\/p>\n\n\n\n<p><strong><em>\u201c\u2026cycling to work was associated with a 41% lower risk of dying\noverall compared to commuting by car or public transport. Cycle commuters had a\n52% lower risk of dying from heart disease and a 40% lower risk of dying from\ncancer.\u201d<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">You Can Cut Down\nGym Costs&nbsp;<\/h3>\n\n\n\n<p>With\nincreased cycling, you already take care of your health.&nbsp;<\/p>\n\n\n\n<p>You\nreally don\u2019t need to pay more in the gym for advanced weight training\nsessions.&nbsp;<\/p>\n\n\n\n<p>Keep\nyour gym fees to the minimum, and bike your way to good health.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Biking Saves Money\nfrom Entertainment Fees?<\/h3>\n\n\n\n<p>Biking\nkeeps you busy.&nbsp;<\/p>\n\n\n\n<p>It\nwould take you out even on holidays for an off-road trip rather than spending\nthe day on your couch (in the most unproductive sense) dipped in\nlethargy.&nbsp;<\/p>\n\n\n\n<p>And\nthat can make you feel the \u2018dopamine desire\u2019.<\/p>\n\n\n\n<p>So,\nyou cook or buy unhealthy foods and watch your favourite streaming shows back\nto back until the clock startles you.&nbsp;<\/p>\n\n\n\n<p>That\u2019s\nnot needed, right?<\/p>\n\n\n\n<p><strong><em>You spend more than 10 pounds in case you subscribe to two\ndifferent streaming services.&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>Instead,\nstick to one service. Make a schedule to watch your favourite show.&nbsp;<\/p>\n\n\n\n<p>And\nbike more to increase productivity in your bodily system.&nbsp;<\/p>\n\n\n\n<p><strong>To Conclude<\/strong><\/p>\n\n\n\n<p>Biking\nis definitely good for health but exercises it with caution.&nbsp;<\/p>\n\n\n\n<p>The\nfirst thing you need to do is to bike in moderation.&nbsp;<\/p>\n\n\n\n<p>Don\u2019t exhaust yourself just because you have to save money. If you need help immediately, then you still have financial services such as personal loans for bad credit or&nbsp;<a href=\"https:\/\/www.safemoneyloan.co.uk\/personal-loans-for-bad-credit.html\">personal loans for people on disability benefits&nbsp;<\/a>or small loans for the unemployed etc.&nbsp;&nbsp;<\/p>\n\n\n\n<p>We\nmight be able to help you with these services.<\/p>\n\n\n\n<p>But\nthat comes later.&nbsp;<\/p>\n\n\n\n<p>Tell\nus what you think about how biking saves money.&nbsp;<\/p>\n\n\n\n<p>We\u2019ll\nbe happy to hear from you.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let us just say that we tend to ignore what\u2019s good. And when it comes to money, we overspend. Both of these statements aren\u2019t good practices to lead a good&#8230;<\/p>\n","protected":false},"author":1,"featured_media":512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[58],"class_list":["post-511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loans","tag-save-thousands-of-pound","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/posts\/511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=511"}],"version-history":[{"count":2,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/posts\/511\/revisions"}],"predecessor-version":[{"id":514,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/posts\/511\/revisions\/514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/media\/512"}],"wp:attachment":[{"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.safemoneyloan.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}