27 Jun '11, 12pm

car costs dramatically affect ability of households to save: #smartgrowth #urbanplanning

car costs dramatically affect ability of households to save: #smartgrowth #urbanplanning

This study , based on 2001 data from Canada, isn’t new. But it is telling, and I suspect the only distinctions between its findings and what we might learn from more current data would be of degree. Look at the amounts spent in various categories of expenditure, and the difference between those households whose total expenditure exceeds income (spenders) and those whose total expenditure equals or is less than income (savers): While savers had higher incomes, as would be expected, overall the spending habits of the two categories were remarkably similar. The one major difference was in spending for transportation, where spenders outspent savers by 54 percent, primarily due to car purchases. (Another difference was that savers paid more income tax.) This confirms that the costs of car ownership significantly affect household spending and suggests that those costs may hinder...

Full article: http://switchboard.nrdc.org/blogs/kbenfield/transportatio...

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Keeping money in the bank isn't easy when you're sinking dollars into your four wheels.

Keeping money in the bank isn't easy when you'r...

grist.org 27 Jun '11, 7pm

Cross-posted from the Natural Resources Defense Council . This study [PDF], based on 2001 data from Canada, isn't new. But...

IBM Saves $30m in Energy Costs in One Year

environmentalleader.com 27 Jun '11, 6am

IBM saved $29.7 million in energy expenses and conserved 272,000 MWh of electricity in 2010, according to the company’s 20...

Electric Car Fan Takes 2011 Leaf on 480 Mile Road Trip

Electric Car Fan Takes 2011 Leaf on 480 Mile Ro...

allcarselectric.com 27 Jun '11, 1pm

2011 Nissan Leaf drives from San Diego to Tucson (Screengrab from Google Maps) Enlarge Photo You have to go from San Diego...

Rethinking Silly Car Trips

Rethinking Silly Car Trips

green.blogs.nytimes.com 27 Jun '11, 8pm

Christoph Bangert for The New York Times The tram on Limmatquai in Zurich, a city that encourages use of public transporta...

FeeFighters Helps Small Businesses Save On Credit Card Processing Fees

FeeFighters Helps Small Businesses Save On Cred...

youngupstarts.com 27 Jun '11, 8am

If you’re a small business owner who use credit cards as a credit line to finance your business, you may want to check Fee...

U.S. is home to the largest number of millionaire households #money

U.S. is home to the largest number of millionai...

luxurylaunches.com 30 Jun '11, 12pm

U.S. is home to the largest number of millionaire households Its raining money and how! Well, the rich are getting richer ...

Police Car Collides With Bear on Rural Highway (Video)

Police Car Collides With Bear on Rural Highway ...

treehugger.com 27 Jun '11, 5am

Every year, millions of wildlife-related car accidents occur across the U.S., but rarely are such scary run-ins caught on ...

Crazy Europeans think people are more important than cars

Crazy Europeans think people are more important...

grist.org 27 Jun '11, 4pm

In Zurich, trams and pedestrians take precedence over cars. Photo: iwouldstay There's a fascinating piece in today's New Y...

Hong Kong tailors tighten belts as wool costs rise

Hong Kong tailors tighten belts as wool costs rise

channelnewsasia.com 26 Jun '11, 8am

HONG KONG : Just as customers had begun returning to Vijay Sadhwani's Hong Kong tailor shop after the spasms of the world ...