Thursday, 20 April 2017

7 tips for saving in Singapore! [Part 1]

It's common to hear people lamenting that Singapore is such an expensive city to live in. The prices will only go up and not down. Aiyoh... money not enough leh. If you are willing to spend the time and effort to search for good bargains, there are still many ways to save a couple of dollars and cents which will add up to be a lot of money over time!

In this post, we the 3 Huats - EzHuat, GoHuat, YoloHuat - will share tips on how we can save money. We have compiled a list of items that will be useful for minimising the daily expenses in our lifestyle and through this post, we hope to share what we know. If you have other tips, we would be keen to find out more from you too!

Food & Drinks 

1) Coffee. Are you a coffee addict? If you are, it's time to do a caffeine check. One cup of Starbucks coffee can easily cost $6 or more. If you need a cup everyday, you would spend $42 a week, $168 a month, $2,016 a year! Imagine what you can do with $2,016! Maybe it's time to search for cheaper source of caffeine fix. How about kopitiam coffee? It probably cost below $2. Or you can buy the coffee powder and make your own beverage!

2) Eating at Hawker Centre. Instead of eating at restaurants, why not eat at hawker centres which cost lesser and the food can be as yummy too! A meal at Hawker Centre should cost between $3-$8 while a meal in restaurants will likely cost at least twice or even more than that. So go for value-for-money meals at hawker centres and you get to support our hawker heritage too! 

3) Cooking at Home. If you are sick and tired of eating out, you can consider cooking at home. Home-cooked food always taste better than outside food because it's cooked with love. It is also a good and healthy bonding session for couples or families to come up with new recipes together! All we need to do is plan your menu and buy the groceries at nearby supermarket. 


4) Don't buy a Car. We live in a consumerism world. To own a car in Singapore is definitely not going to be cheap - with a significant amount going to the Certificate Of Entitlement (COE). Instead of spending a 5-digit sum for that piece of paper, why not take public transportation or use Grab/Uber? Besides, we can also make full use of Grab or Uber promo code. It's definitely cheaper than owning a car which you would have to pay for road tax, car insurance, petrol, parking, maintenance, ERP, etc. 

5) Free MRT rides. If you are an early bird at work, you can wake up earlier to take the free train rides if you tap out of the 18 designated stations before 7:45am on weekdays. The scheme has been extended to 30 June 2017. Not only do you get to avoid the crazy peak hour crowd, you also get a free ride! You can check out the 18 designated stations at this link.

6) Grabbing a Bicycle. Instead of driving cars or taking public transport, why not explore using bicycle to travel within a short distance. You can consider to buy second-hand bicycles or take up bike-sharing initiatives from companies such as Zaibike, ofo, Obike. Alternatively, you can explore purchasing a personal mobility device too. Save the planet!

7) Tapping on Travel Websites. Ever wonder whether you could enjoy a vacation while saving a bit more? Well it is possible if you are aware of all the available flight options and choose the less costly ones. Websites such as Skyscanner or Kiwi are useful platforms for us to tap on to quickly find out these info. Do sign up for budget airlines' mailing list too! Sometimes they do offer good promotions at different seasons or occasions. Essentially you can still travel but spend lesser at more affordable prices!

That's all for Part 1 saving tips. Keep a look out for Part 2!

Huat ah!

Cheers, TripleHuat



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