This week I went in and paid for our yearly car registration. We only have 1 car and it's a small economical Getz. While I waited for my number to be called out I did some quick calculations. It's good to remind yourself how much you car costs on a weekly basis.
I calculated mechanical repairs, car servicing, registration, fuel and car maintenance. I did not count the car purchase price or wear and tear as I was not sure how to add these in the mix. We have no parking fees as The Rambling Expat takes the car to his work where parking is - thankfully - FREE. We drive carefully so never receive fines and batch all our jobs to prevent unnecessary travel. I also ride my push bike to work most days.
I now know our car currently costs $30 a week. Knowing this will help when writing up a much needed new personal budget. Bills have been coming in and many have crept up including rates due to the carbon tax.
Do you know how much your car is costing you? Have tips to share to lower costs.
Stephanie at Frugal Down Under.
Our Frugal Lifestyle
- Frugal Down Under
- Passionate about eco-frugality. I used to party hard, clubbing my way from pay-packet to pay-packet. Never getting ahead, just getting by. Then came our much wanted baby with no savings in the bank - only an old car. Changes were made to our lifestyle and we didn't turn back. In the past 6yrs we purchased a flat, found employment, lived below our means, built an emergency fund, purchased a reliable car and saw the financial benefits of our frugal lifestyle. Our only debt is our mortgage. Our aim is to manage our cash flow wisely, pay off our home quickly and eventually work for pleasure, not necessity. Join us on our journey, share insights, tips and tricks to help us and others to get ahead while having a good time.