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FMK: Living The Bicycle Lifestyle Part 1 of 2 (Frugal Life Philosophy)

**FMK: Living The Bicycle Lifestyle Part 1 of 2 (Frugal Life Philosophy)**



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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
are in this video I'm gonna go over something extremely important this can really change your life dramatically towards a positive healthy way of living to free yourself in the system all right so I need you to pay attention and while you listen to my video open up the description section of this video read along so you can understand because there's gonna be a lot of numbers that I'm gonna speak about when you read along you'll understand more rather than just listening so look at the description section this video I'm gonna teach you how to free yourself from the vehicle the motor vehicle in the car and live your life primarily using a bicycle or your own two feet from walking or running to change your life for a healthier way of living and to not be controlled by the system well you're no longer gonna be a slave to the gas prices and you're no longer polluting the environment you're not gonna be a slave to the traffic tickets the parking tickets the license plate fees just the city sticker fees I mean all the fees associated with owning a motor vehicle so this is how you're gonna do it I'm gonna show you how also you will make more money then if you own a bike then if you own a vehicle I'm going to show you how that works all right okay so if you're a car owner say typically you're a car owner and people that are excuses are that they own a car because they need to get to work and what that what happens is that when you own a car it widens up your job opportunities so you could work farther away so that changes the decisions you make so if you can only bike to work you will only be able to buy so far you're not realistically gonna be able to bike 30 miles to and from work every single day that you have the work it's just not realistic so realistically for a bike owner I'd say anywhere under 10 miles is good it's sufficient because you could ride 10 miles in less than an hour all right so 10 miles one way 10 miles back is less that's about 2 hours of commute time if you ride 5 miles you can ride 5 miles in about 30 minutes so 30 minutes one way 30 minutes back that's one hour commute time a day now if you own a vehicle that that allows you to travel out further so in this example this person is working farther away he's working 30 miles away from his home and it's gonna take in one hour to get there and one hour to come back so that's 2 hours altogether all right in this example the bike owner will be working 5 miles away from home so it's gonna take 30 minutes for him to bite there to 30 minutes to bite back so that's gonna be 1 hour commute time so the car owner has a two-hour commute time the bike owner has 1 hour commute time all right so the car owner because he owns a car he has a higher paying job he'll be getting paid $20 an hour he'll be working full time 40 hours a week and he'll be making $3,200 a month and $40,000 a year these are all approximate numbers I am NOT putting in consideration taxes I'm just gonna keep it simple so you can understand it taxes either both people will be taxed but take taxes out so you can understand it so the car owner is making $40,000 a year all right car owner lost income what that means is okay the car owner makes $20 an hour he makes four he works 40 hours a week so in a full-time job anytime you make you work over 40 hours a week you are compensated overtime pay overtime pay is time and a half so if you work on extra five an extra you know if you work 41 hours a week you're gonna get paid for one of those hours for time and a half so in this case for that hour he'll be get he'll beginning paid thirty dollars an hour so his time is worth at first twenty dollars an hour and then and overtime is worth thirty dollars an hour and remember the essence of this example is time is what's important not money but time time is what's important because time is why we live if we didn't have time then we wouldn't be able to work we wouldn't have you be able to live so time is what's important the employers are paying you for your time so time is important remember that time is important so you want to save time okay and then when you save time you could you can either work more where they'll pay you overtime or you can spend time with loved ones or do things that you truly love to do other than work okay so time is what's important all right so the job location is 30 miles one way 60 miles both ways for the car owner he has a one-hour commute time one way and two hours both ways okay he works so that basically so two hours he has to commute every single day so in a week that's ten hours all right in a month that's 40 hours in a year that's 500 hours so the lost income which I would say it comes out to forty hours time thirty that comes out to $1200 a month that he loses and then to a year that comes out to fifteen thousand dollars that he loses basically those hours that he's commuting his lost income because he works eight hours a day but he doesn't clock in until he gets to work and then he has to clock out once he's done with the work but he still has to drive two hours a day so instead of working eight hours he's actually working ten hours but he's only getting paid for eight so he's losing out an extra two hours those two hours is only time pay that he's not getting paid for so when you convert it into the numbers that I just did he ends it ends up losing $15,000 a year number three time is seen as lost income because it is a forced drive it is not seen as play is not fun for him to drive to and from work it is a forced drive so it's not seen as play that's why it is considered work but it's unpaid work okay there is it there is no exercise taking place because he's in the car all right so we get that out of the way so first we have the income which is $40,000 a year but the lost income is $15,000 a year due to the commute time okay now we got the car owner expenses the car owner expenses he purchases a $30,000 car on a five-year plan that converts to $500 a month that he has to pay and $6,000 a year that he has to pay on that vehicle all right the insurance comes out to $420 a year the gas comes out to the the car will run on 20 miles per gallon in the city that's the the price for gas will be three dollars and 25 cents per gallon the job is 30 miles one way 60 miles two ways that means it's 60 miles a day five days a week is hundred miles a week 1,200 miles a month 60 gallons of gas per month that comes out to $200 a month and in a year that's 2400 dollars a year for gas they has to pay oil change for every three months the oil change costs about $30 so the oil change equates to $10 a month and $120 per year the license plate sticker is $80 a year the city sticker is $25 a year miscellaneous maintenance fees you know that if the tire blows out or something happens to the engine or whatever I gave three hundred sixty dollars a year for maintenance fees parking tickets I gave about three tickets a year so but that comes out to about 75 dollars a year traffic tickets I gave about three tickets a year so that comes out to about 375 dollars a year license plate is $10 a year the total expenses for the car for the year is ten thousand dollars the actual profit for the year is gonna be forty thousand dollars which is the income minus the lost income which is fifteen thousand that comes out to twenty five thousand dollars and then minus the car expenses which comes out to ten that you know which is ten thousand so the actual profit for the year is fifteen thousand dollars when a person owns a vehicle okay so remember that number all right now we go to the

How to Save Money at the Pump | The Mike Rowe Show

**How to Save Money at the Pump | The Mike Rowe Show**



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In this episode of The Mike Rowe Show, we go over several ways to help lessen the sting of high gas prices.

Watch now and save some cold, hard cash!

Article discussed:

Apps mentioned in this video:
GasBuddy (
Waze (
Shell Rewards (

#savemoney #savemoneytips #howtosavemoney