Zone 2

Success Story: $500/month Saved by Walking to Work

Mr. and Mrs. Not Made of Money had a guest post from someone who saves over $500/month just by walking to work.

This obviously has saved me quite a bit of money over the last 8 months (and that’s just basing it of old gas prices, gas has gone up about a $1/gallon since then). I didn’t downsize my car, and I’m still making payments on it, so it still costs me money, but I saved quite a bit on gas. I used to spend $400 per month on gas (that was at ~2.50/gal), however if I was using current gas prices of 3.50/gallon, my savings would be about $550 per month! I’ve been using that money to save more and pay down debt quicker, and it has been great so far.

Lesson Learned:
There are so many repetitive expenses that we deal with as consumers that we could probably find several ways to reduce that amount of money that comes out of our pay every month. I’ve been recently undergoing this experiment myself, figuring out where I can trim a little fat off my monthly expenses in order to save more money. So far I’ve come up with almost $200 worth I save per month, though one chunk of that is from groceries, and those fluxuate so much right now it’s hard to keep it stable.

I’m sure all of us have a least ONE thing we could reduce to start saving money. What’s yours?

About Crystal Groves, Google+

Crystal Groves is a farmer, web developer, musician, blogger, and personal finance enthusiast from the back hills of Maryland and Pennsylvania. She started Money Drain as a project to encourage people interested in fixing their financial situation to share their stories and learn from the stories of others. We all make mistakes, but in order to change we have to make changes.

This entry was posted in Success Stories and tagged , , , . Bookmark the permalink.

2 Responses to Success Story: $500/month Saved by Walking to Work

  1. I wish I could walk or bike to work, but it is a 40 minute drive as is. I am looking at refinancing my mortgage right now though, so hopefully that will help 🙂

  2. We have been saving a bundle lately as my husband is on holidays and not driving too and from work, but that is not something we can do all the time.

    We have recently redone our mortgage to a lower interest rate and much better deal. We are choosing to continue paying what we have been, but we will be able to pay our loan off much faster now.

    There are so many little lifestyle changes we can make though that will save us more and that is what we are looking at right now.

Leave a Reply

Your email address will not be published. Required fields are marked *

Zone 3