I was spending $10 per day on parking and gas, not to mention all the fixed costs of owning a second car. That comes to well over $2000 per year. After 2 years I have saved at leat $4000 and sold the second car. I have spent quite a bit on cycling stuff, but much of that was elective. The total comes nowhere close to the money spent on commuting by car.
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If it ain't broke, mess with it anyway!