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
7 startups that want to improve your mental health From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More
5 radical technologies that will change how you get to work From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More
Royal wedding: How much will it cost? Meghan Markle's wedding to Prince Harry could cost millions once security is included in the bill. See how the costs break down. More

Special Offer