Well, congrats to John who was the first one to guess correctly that I crashed into a carport post. I swear it just showed up out of nowhere…causing $4,000 worth of damage in the meantime. Thank goodness for car insurance…
As upsetting as it is to still have to pay for the deductible (hello, emergency fund!), there is a silver lining in all of this. I found out that my company actually pays you to ride your bike to work. Say what!?
I had always talked about riding my bike to work–mostly for the exercise and to save money on gas. Two things stopped me:
- I don’t have a bike
- I could very well be the world’s worst bike rider.
I haven’t really ridden a bike since I was about 5, when I still had training wheels. What happened was I was riding my bike, and showing my mom: “Look, mom, no hands!” when I let go of the handlebars, and completely ate sh*t. As I picked myself up, a bee hive was attached to my right hand. True story. I freaked out and pretty much never rode a bike again.
BUT that all changed when I found out that my company gave you $250 toward the purchase of a bike. In addition, you get $4.20 per day just for riding your bike to work, plus $.20 for each additional mile you ride.
Since I live about 3.7 miles from work, I get $1.60 for the mileage, plus $4.20 for the incentive, for a total of $5.80 each day I ride my bike to work. Doesn’t sound like much, but I am also saving money on gas. And if I were to only ride my bike 5 times a month, I would get $29 a month!
And who am I to turn down free money?!
I practiced riding my bike on Sunday with Eric. The hardest part for me is getting on and getting going, but once I’m rolling I’m good.
I’m lucky in that there is a bike path that takes me from my house and drops me off about a quarter mile from work, so I only have to be on the road for about a quarter mile.
Today was my very first bike ride in and I only ate sh*t once! Luckily, nobody saw.
I hope to bike to work at least three times a week. Per the $250 buy-a-bike incentive, I have to bike in to work 31 times round trip in one calendar year.
At 3x per week, I’ll be making about $70 a month! I also hope to only have to fill up my gas tank once per month, instead of twice, providing an additional $55 in savings.
I also won’t be renewing my gym membership when it expires next month, saving an additional $350.
Does your company offer any really great incentives? What would it take you to bike to work?