Tuesday, October 09, 2007
I was thinking of buying a bike early this semester. Reason was because I got tired of all the walking and the thought of this just being the first year and having at least 2 more to go did not help. So I asked around and found out from friends that bikes cost $150 to $200!! To me that is expensive. Then I heard that it could be gotten cheaper out in the suburbs, hence I put off the idea of getting a bike till then.
Today I resolved to get a bike once more, and spent an entire night convincing myself that $150 to $200 for a decent bike for 3 years was a good investment. So down I went to the bike store in uni, because I figured that I'll probably never go to the suburbs just for the sake of a cheap bike, to ask for a quote, though really my heart was set on the bike. I went in and the guy told me he had bikes from $300 to $700!!! Even the cheapest bike was not within my budget. I was shocked, and was trying to do some quick math in my head, but only two things came to mind. First was the opportunity cost of $300, and second if I got a bike for $300, what would the depreciation be calculated per unit travelled. I know very sad thinking. Thus, I left the shop dismayed and unsatisfied, quite certain that a bike would have improved my life.
Then at the clinic with Rachelle (she sprained her ankle), I calculated the cost in different scenarios of taking the tram versus having a bike, then taking a tram while having a bike. And realised that $300 for a bike was actually quite cheap. So I hoped into the nearest bike store, and to cut an already long story short, I got myself a bike. Not sure how much it'll cost yet since I'm picking it up tmr, but I reckon nothing more than $500.
Didn't know there was so many things to know about bikes. Back home it was like $80 for my first bike at the market. Those were the days...when in line skating was called rollerblading, GST was 3% and Goh Chok Tong was the prime minister. I feel old.
Dan
8:16 pm
