I have been travelling on buses quite frequently recently and realised that bus fares are actually quite reasonable.
A single trip costs me only $0.91 . So a two way trip adds up to about $1.80. That is pretty affordable for my trips when I give tuition.
While travelling by car would be much faster, I get to save on the carparking. This adds up over the long haul.
It makes me wonder whether I should just sell my car away. Afterall, maintaining a car in Singapore is a costly thing to do. I reckon that it costs me about $1100 per month based on all the charges. Yikes!!!!
If you can resist the urge, you should not buy a car especially if you are single.
Think of all the things you can do with $1100 per month in EXTRA cash. You could literally eat at restaurants every single day.
This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
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Sell your car tmr
ReplyDeleteInvest the money from the car to create more revenue streams! :)
ReplyDeleteI want to but I can't.
ReplyDeleteI have pumped too much money into it to cut loss .............