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
A look at Sears through the years Now Sears has officially said its business has an uncertain future, here's a look at photographs that documents the store's rich history. More
Coolest hotel bars for business travelers in 2017 CNNMoney asked a high-end concierge service for routine business travelers what hotel bars they'd recommend in 4 major U.S. cities. Here are the best spots. More
Top credit cards for business travelers 2017 Just like a pair of pants, there's no 'one size fits all' when it comes to the best credit cards for travelers. More

Special Offer