How to Find Money for an Electric Bike or an Electric Scooter

Mar 5, 2008

If you were to keep careful track of what you did with your money, you would probably be amazed to find how much of it slips through your fingers each day. Whenever I begin to talk to friends or students of mine about getting an electric bicycle or an electric scooter, they almost, without fail, begin to tell me that they do not have the money to purchase one.

Purchasing an electric bike or an electric scooter is just like handling an investment

The thing that I always like to point out to them is that purchasing an electric bike or an electric scooter is just like handling an investment. As a matter of fact, considering the gas savings that you will have, one of these methods of travel IS AN INVESTMENT! So, for the rest of this report, I'm going show you ways that you can get the funds so that you can purchase an electric motor scooter or bicycle.

Here are some of the world's easiest methods of finding the money that you will need. Remember, some electric bike kits are only $400.00 although you can spend up to several thousand for a really good scooter or bike, it all depends on what you want or need....


Online Auctions I love eBay!

I recently found several hundred dollars worth of merchandise lying around the house. No kidding. I find that if you are older or married you accumulate junk very, very fast. For example, I found a gigantic tub of Legos that my son had when he was younger. I don't really thinks he needs them now, because he gets to play with much bigger toys in the Air Force.

I also found a whole ton of Playstation games, computer games, antiques, and a whole variety of other things that were just sitting around (some of them new and never used) eBay usually charges a few bucks to unload this stuff and you will be amazed how much money you have left lying around the house collecting dust.

Half-Price Books

We have Half-Price Books in our town and they will give you cash for bringing in used books and videos.

Loose Change

Look for loose change or money around the house. I recently found $25.00 in change lying around. Check in all drawers, mattresses, boxes, especially under recliners.

Start a Part Time Business

Personally, I think everyone should at least try it once. Statistically, a lawn mowing business in an average town can bring in $30,000 per year. That's right, at least $30,000 per year. Just think if you have a skill or trade that you could use to make some extra money. Hey, it's better than sitting around WISHING you had extra money. Go to the local library and get a book out on how to make extra money starting a part time business. One very easy way to get started on a business is to build an Internet business. You can easily start one on about a dollar a day.

TIP!

While I'm on the subject of books, you can save money if you got to book stores look at their books and then order them used online from eBay or Amazon. I recently bought two Web design books from Amazon. Both books were brand new and cost $20.00 with shipping. If I had bought them at the book store they would have been over $50.00.

Here are a whole bunch of other things you can do to save money.

Make your coffee at home

I'm a coffeeaholic. I drink the stuff all day, but I make my own or take a thermos with me. I never spend the money with the vendors because $2.00 here and $ 2.00 there really makes a huge difference over time. Oh, by the way, if you have to, stop at McDonalds for your coffee. A recent survey said that coffee drinkers nation wide choose the taste of their coffee over all other coffee vendors including Starbucks. McDonald's large comes in at just under a dollar too!

Pack your lunch

I used to work in a department store and I was always amazed at all of the sales women that would eat at the mall restaurants....Everyday!!! Mall prices are very inflated and usually not very good for your diet or digestive system. I eat a large, healthy salad every single day. Only in an emergency would I eat from a vendor.

Carpool

If you drive to work, carpool with a colleague or take public transportation. This is a real no brainer considering gas prices.

Avoid ATM fees.

Do this by planning ahead and using the machines at your bank. Yes, the banks charge you money for using the little machine at the mall or minute market. Avoid this trap by going to the ATM at your bank or going inside and writing a check.

Cut back on dining out

My wife went out on a special occasion recently to a very ritzy yet popular restaurant chain. It was a Tuesday night and the restaurant was packed! People don't cook at home anymore and eat out very frequently. My wife and I have learned how to cook real well at home. It is much cheaper but it is fun to do and much healthier for you.

If you think that this is all I have to say about making and saving money for an electric scooter, Well think again buddy.

Stop Smoking

This is a HUGE money waster on so many levels, I can't believe it! First of all, you have the cost of the cigarettes which is about $2.50 per pack. But wait, you have to think about the cost of your health insurance that just went up because you smoke. Also, the cost of being medically treated for all the afflictions that are incurred by this habit.

Not just to you, but to the other members of your family. (Babies get serious ear infections from being around smokers as well as other complications.) Then you will also have to consider your dental bill. Since the cigarette companies want to make sure that you are thoroughly addicted to their product, they have "sweetened" the deal by putting sugar into the cigarette paper. So when you are sucking on that smoke, it is getting up into the roots of your teeth and destroying them. So, there is the added cost of dental problems.

If you want to go further on this matter, think of these extra costs. Car reselling is affected by smoke, so if you ever sell your car and smoke you can bet it will be much harder to sell with the smoke smell in it. Same thing with your house. Also, homeowners insurance rates go up with smokers because they have a tendency to burn down houses more.

Ok, enough on this savings tip, but just think of all the savings in this category if you stopped smoking. Stop playing the Lotto. Statistically, you have a better chance of being hit by lightening on a clear day.

Go to movie matinees instead of the evening movies

Better yet, get a video or DVD from the rental store. Our library rents out first run movies for $1.00 and older movies are free! If you implement all of these strategies immediately and take serious action, you will be able to get your electric bike or scooter in no time! After you get what you want, use these same strategies to stockpile all sorts of cash that you can use for other investments. You might as well use your money wisely, because if you don't, someone else will!

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How to Find Money for an Electric Bike or an Electric Scooter


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