Depressing Statistic of the Day
(Nope, i’m not referring to the “rapture ” tomorrow…)
Driving to Work.. Working to Drive… Driving to Work… Working to Drive…
Which is it?
According to James Schwartz (courtesy of the Grist), Americans spend 2 hours every day working to pay off their car.
A quick calculation of car-related costs (car payment, gas, insurance + conservative estimate of maintenance) puts my car costs MINIMAL 16% of my salary for year #4 of ownership.
Year 1 of my bike = >1% of my salary.
This doesn’t even address the carbon emissions comparison.
Math seems pretty simple…for those of you who biked to work today!
Posted by Julie
