July 26, 2023 | Sammy Tran

How Public Transportation Can Save You Money


How Public Transportation Can Save You Money

Cash and man on city bus

While private cars often symbolize freedom and flexibility, the reality is that they come with high costs—from insurance and fuel to maintenance and parking. 

This article will explore how turning to public transportation can help you save money and might even enrich your life in other surprising ways.

1. Lower Commute Costs

Bus and Maintenance QuoteAdobe Stock

Choosing public transportation significantly reduces your commute costs. 

As per the American Public Transportation Association (APTA), an average household can save around $10,000 annually by taking public transit and having one less car. 

Bus or train tickets are typically less expensive than the cumulative costs of fuel, vehicle maintenance, parking, and car insurance.

Advertisement

2. Reduced Parking Expenses

Parking FeesAdobe

In major cities, parking can be exorbitantly expensive, and it's not always guaranteed you'll find a spot near your destination. 

Public transportation eliminates the need for parking altogether, saving you both money and time.

3. Lower Maintenance And Depreciation Costs

Maintenance CostsAdobe

Cars depreciate over time and incur maintenance costs like oil changes, brake repairs, and tire replacements. Public transportation users don't need to worry about these expenses.

4. Health Benefits And Increased Physical Activity

Public TransportationAdobe

Public transportation typically involves some walking or cycling to and from stations, inadvertently adding a light form of exercise to your daily routine. 

This can potentially save you money on gym memberships or other fitness expenses.

Advertisement

5. Valuable Time

Public TransportaionAdobe

Public transportation allows you to utilize your commute time effectively. 

Instead of focusing on driving, you can read, work, or relax, thereby increasing your productivity or personal downtime.

6. Positive Environmental Impact

PollutionAdobe

Public transportation is generally more energy-efficient per passenger than private vehicles, leading to less pollution. 

By using public transit, you're also playing your part in combating climate change, which has long-term cost benefits for society as a whole.

While public transportation may not offer the same level of convenience as private vehicles, the cost-saving advantages are substantial. 

Not only can it save you money, but it can also provide unexpected benefits such as increased physical activity and more personal time. 

The next time you need to go somewhere, consider your public transportation options—your wallet (and maybe your health) will thank you.


READ MORE

Upgrades You Should Implement To Increase Your Property Value

The housing market is competitive, to say the least. If you want your home to stand out on the market, here are some things you can do to make it seem brand new.
December 19, 2024 Ethan Vestby
Last Will

Things You Need In Your Will That Too Many People Forget

Think your will is complete? Even the most carefully crafted ones often miss necessary elements that could leave your family in limbo. If you want it to be a peaceful ride, continue reading.
January 8, 2025 Miles Brucker

Simple Career Changes To Make More Money In 2025

If you're looking to change tracks in 2025 and jump into a new career but aren't looking to go back to school or spend time and money retraining in an entirely new profession, here are some career changes you can make to make more money next year.
January 1, 2025 Jack Hawkins

15 Ways To Put More Money Aside For Your Future In 2025

Whether you're thinking about retirement, or are just planning a family vacation, 2025 could be the year that you make significant gains in the savings department. Let's explore easy ways to put more money aside for your goals, so that you can start saving and living better this year.
March 3, 2025 Jack Hawkins
Bothumb

The 30 Biggest Flops In Movie History

The biggest flops in history, rounded up to the highest estimate, adjusted for inflation—because it's more fun that way!
April 2, 2024 Jamie Hayes

The Cheapest States To Buy A Home (And Some Of The Most Expensive)

Turns out West Virginia is the cheapest state to buy a home—if you can handle one major drawback.
January 15, 2025 Ethan Vestby



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team