Yeah that is where the largest savings can come from. Never learnt to drive because of the costs involved with car ownership. Couldn’t afford it then and now I would rather buy something else. Could go on 4 cruise holidays a year with the money saved just by not having a car.
Even the bus costs a fair bit compared to a bike, but still cheaper than owning a car. Sure, fuel to go to work might cost less than a bus ticket. But a bus ticket doesn’t require me to buy a depreciating asset - well, other than enough clothes to not scare other passengers.
Yeah that is where the largest savings can come from. Never learnt to drive because of the costs involved with car ownership. Couldn’t afford it then and now I would rather buy something else. Could go on 4 cruise holidays a year with the money saved just by not having a car.
Even the bus costs a fair bit compared to a bike, but still cheaper than owning a car. Sure, fuel to go to work might cost less than a bus ticket. But a bus ticket doesn’t require me to buy a depreciating asset - well, other than enough clothes to not scare other passengers.