How To Save and Take Advantage of Your Bicycle

Publish Date: 03 Jun 2021

Money Tips

How To Save and Take Advantage of Your Bicycle

5 ways to use your Bicycle

As an individual, there may be many things you’d like to accomplish throughout your day, but you simply do not have time to do so. This may include going to the gym or playing sports, meeting up with friends, finding a job, etc. You might be surprised to learn that a bicycle is an item that can significantly help you do what you need to do. How is that possible, you ask? Well, in celebration of World Wheel Day on the 3rd of June, we will elaborate on this and explain to you exactly how you can save and benefit from owning a bicycle.


1-Save on Transporation Costs


If you incur a lot of transportation expenses on your commute to and from work, why not consider replacing your method of transportation with the bicycle? The benefit here is two-fold; it will save you from being stuck in traffic for extended periods, and it will save you the cost of taking an Uber or public transportation each day.


2-Improve your Health & Fitness While Saving Money


If you pay for a monthly gym subscription but find that it is wasted on you because you simply don’t have the time to go, consider buying a bicycle instead. Its cost is undoubtedly less than a gym subscription, and you can use it to run errands or when you feel like going for a leisurely wander. This will essentially kill two birds with one stone; it’s still considered a form of exercise; hence, you’ll improve your health and fitness as well as save some money.



Using a bicycle for all your transportation needs is probably one of the most eco-friendly things you can do.



3-Work with It!


Need some extra income? You can increase the money you earn quickly and easily by using your bicycle as a form of employment. Many app-based companies offer jobs that would suit you perfectly if you’d like to make a living on your bike. These apps include the likes of MRSOOLUber Eats, and Talabat, to name a few. Companies such as these are constantly on the lookout for people to deliver orders to customers. For instance, with MRSOOL, if you complete a certain number of trips per day, you can earn a bonus added to the money you earn from each trip. If you work 10 hours per day with MRSOOL, you can make around 100 EGP to 120 EGP per day.


What if you don’t own a bicycle and want to work? No problem! Simply apply for a credit card with the help of Faydety’s Credit Card Finder to find the one most suitable for you. Choose to pay for the bike in installments and repay it later on once you start earning some money.


4-Open a Bike Rental Shop


If you’re a bicycle-lover in general, why not take advantage of this and open up a small bike rental shop? This idea is especially convenient if you live in a small touristic city, such as Alexandria, Al Maamoura, or Dahab. You are sure to earn double your initial investment as many tourists visit regularly. Moreover, it is a well-known fact that touristic prices for activities are considerably higher than that of Egyptians.


Start your project with a minimum of 10 bikes and watch your business take off! Need some cash to start things off? Apply for a personal loan using Faydety’s Personal Loan Finder and repay it in installments using your business's profit.


5-Become Eco-Friendly


Using a bicycle for all your transportation needs is probably one of the most eco-friendly things you can do. You’ll be one less vehicle on the streets contributing to the pollution of the city, a welcome improvement for your health and wellbeing as well as the environment.


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