There’s a new Sheriff in town and his name is.....
Wait, it isn’t a new Sheriff that is in town, but a new kind of poverty....transportation poverty, and it probably isn’t new, but it is new in being recognised more and more.
Now we may have heard of fuel poverty, where we spend more than 10% of our household income on heating our homes. This percentage is a bit disproportionate to things and can cause some of us to find our finances stretched all due to heating our home.
Now people are doing the same with transportation costs, spending more then 10% of their household incomes on fuel, insurances, MOT, tax disc, etc, or on rail fares, bus passes, etc, just to get around.
For some people living in rural areas and villages, there is no public transport, or if there is, it may be a bus that comes once or twice a week. So a car may be a necessity in order to get to work, or to get to the shops for supplies, I mean food.
And in recent years these costs to maintain a car have risen considerable; especially insurance, and petrol prices.
So you need the car to work, and the car costs you dearly each month.
I have written about alternatives, such as walking, public transport, etc, but for many again, a car is a necessity.
Even the cost of using public transport has risen considerably. I had previously written about how I initially paid just over £100 a month for a rail pass to get to work each month, and this rose to £175 a month in just two (2) years! At that point a car was less expensive, and so was petrol and insurance. Now they may be on pare with each other.
So even the use of public transport has risen quite a bit, but for some it still can be cheaper then a car. Buying weekly or monthly passes can help with the costs as well.
I know if my partner and I decide to use the bus to go to town it will cost us £1.90 each one-way, or £3.80 return. A full day pass can be just over £4, so for a bit over £8 we can use the bus for the day. But in my mind, that still isn’t cheap. Maybe I live in the past, and I do, but I usually opt for us walking to town and maybe taking the bus home. It does save us a bit.
So sit down and figure up your transportation costs on a monthly basis. Does it ad up to more than 10% of your income.