Carless Love: The financials, the freedom, and the impact on the local economy

A year ago, management consultant Bill Palladino, of Traverse City, Michigan, gave away his Saturn Vue in favor of a bicycle. He kept track of the changes in his life. Now he’s published a two-part article that shows it’s not just his own bank account that swelled, but also his impact on the local economy–he doubled it, even with a foreign-made bike. In part two, he moves on from the financial benefits to the physical, mental, and social benefits of what is essentially a new way of life. Or an old way of life, depending on how you look at it.