Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

5 of 46
BACKNEXT
Charles Hawkins: Cycling to savings
Charles Hawkins: Cycling to savings
Charles Hawkins and his wife traded in their car for two bikes to beat the high cost of gas.
Autobody repairman, 43, Fort Wayne, Ind.

It cost me over $500 monthly to keep my car. With the price of gas so high, going back and forth to work was [costing] over $20 a day - so my wife and I decided to trade our car for two bikes.

Not only will we save about $1,800 by September, we'll help our [charitable] foundation give the money to kids who need it the most.

NEXT: Steve Hougom: Bills piling up
Last updated September 25 2008: 3:44 PM ET
 
iReport
iReport
iReport.com: Your money
How is the economy affecting your everyday life? Tell us about how your money situation has changed - or stayed the same - in the last few months. What's your biggest economic worry? Send us your photos and videos, or email us and share your story.
 
More Galleries
Five most expensive cars sold at Pebble Beach These classic cars went for seven figure sums at the world's premier classic car event. More
Seats that move! Rain! Movie-watching goes beyond 3D How can movie theaters compete when many prefer to watch streaming video from their own comfy couches? Some hope a new interactive technology will lure audiences with immersive effects. More
15 cool cars for sale at Pebble Beach While these events are best known for seven-figure classics, just about everything crosses the block at Pebble Beach. More

Special Offer