Business & Finance Finance

4 Great Ways To Save Money In The Work Week

During these uncertain economic times, many people find that their budgets are stretched to the very limit, with no room to spare. If you are among those who feel the cash crunch, you are probably looking for ways to squeeze just a little bit more out of each dollar. One good place to cut costs is to modify your means of transportation during the work week. While some of these things may seem rather obvious, perhaps some may be new ideas to you. Here are 4 things relating to transportation that you can do during the week to cut your cost and save you money.:

1. Car Pool. If you drive to work, you can save some money by car pooling with others who work in the same vicinity as you. Try to have every seat in your car filled. If you have 5 people in your car pool, you can save money in one of two ways:
a. You drive your car to and from work, and the other passengers pay you a set amount for gas each week. For example, if each passenger pays you $25 per week, that would mean $100 total in your pocket - probably more than enough to cover your gas and maintenance costs.
b. A second option would be for each person in the car pool to use his or her car once per week. This would mean that you would have to drive your car only once per week, which would again save on gasoline and maintenance costs.

2. Ride Your Bike. If you live reasonably close to your job, you may consider riding your bike to work. There are a couple of obvious benefits to doing this:
a. Since you provide the energy for the bike, there will be large savings in gas, maintenance, and wear-and-tear on your automobile
b. You can get into shape. Pedaling that bike is great exercise, and youll feel invigorated by the time you get to work.

3. Use public transportation. Most large and medium size cities have excellent public transportation systems. Using public transportation instead of your car will save you the expense of fuel, maintenance , and parking fees.

4. Telecommute. This isnt possible for all jobs, but for many people who use their computer as a large part of their job duties, t elecommuting from home is a money-saving option to consider. If telecommuting is a possibility, be sure to ask your employer about working from home. Even if you could work at home for one or two days a week, this would certainly save you in terms of time not on the road, and in the transportation costs you will save.
In conclusion, it can be said that in tight economic times saving money is often a necessity more than a choice. Making changes in one or more of these areas can end up saving you a bundle in the long run. Try just one this week, and see how much you will save.

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