Given Singapore’s status as the most costly city to reside in globally, it’s no surprise that we often find ourselves with limited funds once our monthly bills are settled. Below, you’ll discover 13 simple methods to help you economize and save!
1-Go for Trial Classes
Upon signing up, you’ll get free credits to try activities like yoga, pilates, cycling, and gym visits from some businesses on the Classpass app. You don’t have to pay at all.
With online deals on everything from spas to music classes, you’re sure to find a good deal.
2-Warehouse Sales
Load up on products you need during warehouse sales. The prices of brands’ current stocks will drop as they try to clear their stock in preparation for the upcoming season. Keep your eyes open for a warehouse sale if you’re still eyeing that pricey leather jacket near the end of the season.
3-Plan Your Groceries
Plan all the groceries you will need for the week rather than buying them on a whim. Getting your groceries in bulk will not only keep you from buying things just because they’re on sale, but you’ll also save a lot of money.
4-Do Not Save Your Credit Card Info Online
You are more likely to make impulse purchases when you have your credit card information saved on Autofill or your favorite online shopping sites. You are less likely to spend if you have to manually enter your credit card information each time. Identity theft can also be prevented this way.
5-Compare Prices
Shopping mall items may be cheaper on e-commerce platforms such as Shopee and Lazada. Look out for items with lower delivery costs as well.
6-Use the Money-saving tools
Shopback is the best at this! Fave, for example, has tons of incredible deals. On a budget but still want to enjoy fine dining? Just browse through and you’ll find a variety of places offering their vouchers at more than 50% off (no minimum spending vouchers are the best).
7-Take advantage of online Promotional Codes
To find out if the merchant is offering any discounts, do a quick Google search before placing your order online. You can easily do this by searching for ‘xxx coupon code’ (replace xxx with the brand’s name).
8-Purchase second-hand stuff
With Carousell and SgNewMarket, you’re sure to find what you’re looking for at a much lower price. It depends on what you’re looking for, but they’re often in good condition. It’s always better to prioritize functionality over aesthetics!
9-Just say NO
Don’t let friends or colleagues pressure you to spend money you don’t have. Saying “no” from time to time is okay. A fancy dinner + drinks could easily cost you $50, and if you stay home for such meals every month, you’ll save at least $400!
10-Follow the Deals Channel on Telegram
Numerous Telegram channels share exclusive deals and lifehacks so you can save while shopping and dining out. Such as @Sgsave, @Kiasufoodies, @Sgfoodlover, & more.
11-Use Your Card for Group Dining
Offer to pay the bill via credit card first, and collect cash from your friends at the table. You’ll be able to rack up points faster if you pay with a cashback card or reward points. You lose nothing if your friends pay you back!
12-Birthday Deals
Sign up for email newsletters from your favorite stores and brands to receive sales and birthday discounts. Subscribers often receive exclusive sales, discounts, and coupon codes.
13-Bottle your water
The cost of a bottle of water in Singapore may be cheap, but spending 80 cents on water every day will eventually add up. Get into the habit early and invest in a good bottle. Make sure you refill it before leaving home or at the water cooler at your workplace/school.
Looking to save more money? Get Great Tips and Save more with @sgsave on Telegram!
(Credits: The Online Citizen, shrugmyshoulder, fifth storey, pexels)
