Huh?

I thought that might get your attention.

Recently I started thinking about how I was spending my money and how I was saving a bundle by doing so.

Huh?

Let me explain.  My girlfriend and I bought bicycles recently and we have been riding around the neighborhood to get our leg workouts every day.  Combined both bikes cost about 200 dollars.

Now you ask, where are the savings?

Trading down?

Well what I neglected to mention was that we used to be members of a gym where we used to do our treadmills and stairmasters and ellipticals and all sorts of other contraptions.  But then we canceled both memberships after realizing that we were each paying 30 dollars a month to drive to the gym once a week.  This story is not uncommon I am sure.

For the price of  two four month memberships, we both got bicycles that we use nearly every day.  We bike to the grocery store, to the post office, to the bank.  Heck, we even bike to adjacent cities just for the adventure of it.

Spending wisely

We are now saving money by not having to pay 60 dollars a month for a gym that we never went to very often.  Also now we like our workouts more now that we don’t have to towel dry the seats after someone has sweated all over the machines.  What else?  We are saving the environment with less carbon emissions.  And, and, and now we have legs like Lance Armstrong.

There are many blog posts out there detailing how you can trade some of the things you do to cut back on expenses:

1 FOOD

2 PERSONAL

3 CAR

but I think that it doesn’t necessarily have to be a trade down.  In the example above, my girlfriend and I actually got more benefits by spending our money wisely.   It shows that it is very possible to spend money AND save money at the same time.

Next time, I will tell you how you can have your cake and eat it too…

But in all seriousness, how are you saving money by spending wisely?  Any tips?

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