A lot of people are tightening their belts due to the recession. Some people cannot afford any additional expenses. In your case, you can purchase a bike for your family to help you save more. To make a very practical purchase, it would be best to purchase a single speed bike. This would give you all the benefits of having a bike without forking much money from your pocket.
You would save money in having to use a car to drive your kids to school as they can also use the bike. Quick errands to the store to buy milk or bread can be done using a bike. For short trips, it would be great not to use the car; hence, cutting on fuel expenses. The bike would also be great by providing you and your family regular exercise every day. This would save you money by not enrolling at a gym. Lastly, there are other health benefits that regular biking would give you; imagine just how much you could save on hospital bills.
There is no end to the achievements of