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mymoneymix
Wednesday, June 25, 2008 |

Say Hello to My Little (Yellow) Friend

With high gas prices, many people are starting to turn towards alternative transportation such as buses, biking, etc. to get to work. I’m not going to lie, I hate taking the bus. Always have. I think it stems from elementary school when I had to take the bus by myself to get downtown for my after school program. I had to deal with the loud, obnoxious, and incredibly intimidating middle school students that would get on the bus too. It was kind of traumatizing and I don’t think I have ever gotten over that stigma. I would bike to work and class, but I don’t have the best bike in the world (I got it when I was in eighth grade) and I’m not the best biker. Plus, I hate helmet hair and I don’t even have a helmet. To add to the list of excuses, I’m somewhat lazy and biking takes a lot of time. Living downtown and in a college town creates a problem for cars. Supply and demand is at its prime in downtown Madison when it comes to cars and parking spots. High demand and little supply means high prices which I don’t feel like paying. So that leaves me with very few options.

Lucky for me, I have a moped, which has quickly become my best friend. He’s bright yellow with black trim and I don’t know how I would live without him. Granted, when it gets really cold or when it snows, it is a little more difficult to get places and sometimes I have to walk or (gasp!) take the bus. He’s there through rain or shine and I think I’m in love!

Mopeds are extremely economical, at least for me. I did take out a small loan to get him, but I adjusted the terms to make it affordable for me. I have the money taken from my account every two weeks and got a great rate. Plus, it will help me build my credit for future loans. Also, gas prices are pretty cheap. My gas tank is a little over a gallon and I can generally go about a week before needing to fill up (I drive anywhere from 15-20 miles a day). So my expense is about $4 a week to fill up and maintain. What’s even better, is that parking is free!

I’m not saying mopeds are for everyone, but it could be something you want to think about. I love driving on mine and getting from place to place easily. There is even buzz for special credit union loans for mopeds.

Picture from BeachScooter.

Add your comment
 
Kelsey
10/13/2008

I have a helmet now. A lovely gift for my birthday. But I wear it reluctantly.

Philip
10/09/2008

No helmet?! What--are you saying you don't have anything worth protecting?


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