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Show#19 Millionaire or Bust – Transportation

October 13th, 2006 · podcasts

Topic of the Week
This week we’re going to talk about transportation and your finances.

Money Saving Tips
Money Saving Tip of the Week
Get a cheap little space heater at a garage sale and bring it with you for whatever room you’re in. That way you don’t have to heat the whole house. (Especially useful in two story houses where the heat has a tendency to rise quickly leaving the downstairs freezing and the upstairs sweltering.)

Talli’s Tightwad Tip of the Week
Make your own rags from old towels and clothes that are too worn too donate.

Tool of the Week
http://www.publictransportation.org/

This website gives you information on all the public transportation options that you have available to you in your community. It’s a good way to save you a little money and maybe reduce your stress and possibly even your commute.

Financial Psychology
Linking your transportation with image rather than function. Too many people link the way they get to work with their personal perception of themselves or the image that they want others to perceive. It should really be a function of utility and cost. What are you really getting out of your transport. If it’s just a lot of hours behind the wheel of a fancy car and debts, then a book to read and a train ride might be better both for your stress levels and your bank account.

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