Inspired by this post from Jacob at Early Retirement Extreme, I decided to do some calculations comparing different methods of transportation. The purpose is to rationally consider which method of transportation costs me the least in time and delivers the greatest benefit. I'm going to use the concept of 'life-energy hours' from the book Your Money or Your Life? ( read more about the idea in this review ). Basically, it's the idea that when you spend money you've earned, you're really spending the hours of your life you spent working for that money. So, if you make £10 an hour, and you buy an ivory backscratcher for £1000, that's 100 hours of your life. Transportation My transportation needs include commuting to work , going to the grocery store and making the odd trip elsewhere in town . I'm not including large trips like holidays, only ordinary, every day travelling. Comparing different methods of transportation, if I only walked, or onl...
