facebookWhat small change in lifestyle can save you the most money on a monthly or yearly basis? - Seedly
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Anonymous

02 Sep 2020

What small change in lifestyle can save you the most money on a monthly or yearly basis?

It could be anything. Even something seemingly insignificant!

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    Discussion (30)

    What are your thoughts?

    Elijah Lee

    Elijah Lee

    22 Aug 2020

    Level 17ยทIndependent Financial Advisor at Phillip Securities (Jurong East)

    I personally think these are the easiest ways to save money:

    • Eat simple. Hawker food is often cheap and good. There really isn't a need to have one meal a day at a cafe or similar

    • Drink simple. Even if you don't make instant coffee, the $1 kopi is still just as good as the $7 Latte, especially if you just need the caffeine kick

    • Travel simple. Plan your journeys ahead of time. Public transport is very good in Singapore already (don't compare with Japan, that's another level). I see people taking Grab everywhere when they could have just taken public transport if they just left the house 20 minutes earlier.

    • Live simple. This varies depending on person, and I don't think there's anything wrong going to the cinema or museums once in a while, but pre-covid I know of people who had to go out and spend money on weekends, just because they could. I'd rather much pass time simply and read my newspapers, thank you very much.

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      Michael Wong

      Michael Wong

      21 Aug 2020

      Level 9ยทSeedly Student Ambassador 2020/21 at Seedly

      I think if you eat your meals at home after work, that would save you the most money.

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        Ow Jie Liang

        Ow Jie Liang

        22 Aug 2020

        Level 8ยทStudent Ambassador 2020/21 at Seedly

        Bring your own water. Maximise credit card benefits. Understand how taxes work. Cut down on private ...

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