Figuring out which mode of transportation is best for your wallet heavily depends on your location. Carpooling and using public transportation to and from work should become priorities. Rely on cheaper parking even if it’s further form your destination by finishing the last leg of the journey by using one of these two methods.
If you don’t drive too often anyway you could stand to gain more if you simply sell of your vehicle and use ride-sharing apps instead. If that’s not an option consider at least switching to a different car model with lower payments.
Finally, don’t forget to pay for parking as well as bus and train fares with pretax earnings so you can also reduce your income tax bill.
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