Last year, I enrolled in Class 2B Motorbike course at Singapore Safety Driving Center (Woodlands Branch). Within a month of enrollment, I have completed theory lessons 1 to 4 and practical lessons 1 and 2, ready for practical lesson 3 part 1. However I stop attending the course due to several distractions. November 2015 till May 2016 was stressful for me, as I attend my first cycle of reservist duties, change of employment and obtain Class 3 car driving license.
During the past year, many people have cautioned and disagree with me of continuing Motorbike lessons as the risks are hard to contain. On September 2016, after analyzing these feedback’s and suggestions, I have decided to forego Motorbike Lessons and awaiting till course expiry on 27 October 2016 to get a refund of my stored value.
However On 05 November 2016, I over-ruled my decision on forgo of Motorbike Lessons, extended my course for another 6 months, paid for defensive theoretical lessons and booked practical lesson 3 part 1 on 19 November 2016. The main reason of overruling was that the time spent on public transport does not justify costs of owning a Motorbike.
Every month I spend an average of $120 on public transportation, this amount does not include taxi rides and other transport options, $150 would be the average amount when other transportation options were added into account. Where else owning a used class 2B motorbike scooter would cost an average of $200 per month.
The average time wasted per day taking public transport would be 1.5 hours. In a month, 45 hours could have been put into better use. Many may argue that, depending on how one utilize time when taking public transport and may not agree that time is totally wasted.
One key point we all should note that, time in Public Transportation is not that we think of and are limited to what one could do. For example, boarding a crowded train during peak hours, common things commuters would do, take a quick nap, listen to music’s, read eBooks via smart devices, these are limited activities.
With a Motor Scooter, I could put 45 hours into full utilization for only S$50 additional expenses per month. Assuming I could make $15 per hour, 45 hours would mean revenue of $675. From any investor point of view, this is a worth it investment. Risks involved in riding Motor Bikes can be mitigated by being a safe rider.
This is a developing story, check back at a later time for full story.