3. Economic benefits

It is cheaper to own and operate a bicycle than it is to have a car. Bicycles don’t usually require monthly car payments, insurance, expensive routine maintenance or fuel. If you don’t own your own bike, you can rent one or bike share as the need arises. You don’t need a parking spot or garage when you have a bicycle instead of a vehicle. Riding your bike can also help you get where you want to go faster. Cyclists don’t have to contend with traffic. Other benefits include lower healthcare costs (as you’ll be healthier from cycling) and you’ll have no need for a gym membership anymore. Road wear and tear can be reduced with more and more people switching to cycling.