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Does it Add Up?

Submitted by Colin on April 11, 2008 - 11:07.

Hi -

I hit the link from JLP's AllFinancialMatters. Great article, but do the numbers really add up?

I was running some calcs. and have come to the conclusion that I would rather get somewhere faster at the sacrifice of $XX.

For example:
To see my family it is about 500 miles. My car (1993 Eclipse) gets about 27 MPG averaging 70 MPH so for estimation's sake I would assume I get around 31 MPG if I travel @ 55 mph. (an increase of 15%)

That is an extra travel time of 1.95 hours driving @ 55mph versus 70mph! Granted I would save $7.64 in gas (gas in San Antonio is right now is around $3.20/gal.) but an extra two hours of driving seems like a waste when compared with an extra two hours of seeing my family.

I guess it all boils down to where you are going and who are going to see when you get there. If I'm drive to training for work I'll slow WAY down! :)

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