Asked on 01 Aug 2020
automate payments via giro
batch buy groceries every week
Set life goals and have a plan on how to achieve them
Have a timetable everyday.
Spend only what you need.
Here are mine!
Use ShopBack to pre-purchase vouchers for meals through vouchers
Tracking my expenses to understand my own savings habits and adjust my expenditure accordingly
Bring your own beverage out - I personally make it a point to bring my own water everywhere, which has saved me a lot of money and helped me build a habit of drinking more water daily :)
It really helps curb your expenses in the long run! Saves time as well.
Helps you with keeping up on your tasks everyday, saved lots of time on deciding what to do in a day.
Sometimes the old-fashioned way of physical cash and enveloped categorisation helps you better in saving your money. Google it!
Use high cashback cards/high interest bank accounts, jot down what I spend and how much I spend, spend only on what I need.
One example that I have been frequently doing is for my groceries. Because I buy from NTUC, I will buy the vouchers in advance now using Singtel Dash first as they have been having 5% off on $50 spend every month. So I top up my Singtel Dash with a credit card that gives rebate and then I get 5% cashback from Singtel Dash as well and when I spend the NTUC vouchers, I accumulate points with my NTUC membership. It is essentially maximizing 3 different benefits.
As for time, I will try to make a list of things I want to do and the deadline I give myself. Also, I make sure I do not spend too much time on games and watching YouTube videos.
I'm a big fan of this because it helped my friends and I save about $1000+ on food in a year (really). For $99 a year, you get to enjoy 1-for-1 deals from 400+ eating places. There's a 30% promotion going on now until 31 Aug - so instead of paying $99 a year, you pay about $70 if you sign up for an account via my referral link: https://www.burpple.com/invite/KHAI6539 and if you share with a few friends, each person just pays about $20! Super worth 👍🏼
If you shop a lot online, use ShopBack for some cashbacks!!! They have exclusive deals and discounts with some brands too so check out the app :) I don't shop a lot online but I do use the deals quite abit for BBT haha
I generally suspense my purchase for things that I want until they go on sales haha and I get updated about these sales via some telegram groups like SG Budget Babes, SG Food Lobang, SG Kiasu Foodies etc. - you'll be surprised how many good deals they post each month. :")
Hi! I always:
Make full detailed plans for every expense, make every cost count.
Process every thing in high efficiency.
Give up any unecessary items with high cost.
Try to spend in a smart way, like some new fashion pay later payments.
Reflect month bills and conclude every month's performance.
That's it. Thanks!
Plan early and buy during sales (keep a list of essentials you need to buy & make the purchases during mega sales of 11.11, or black fridays)
Share deals with your like-minded friends (build a small community where you and your friends can take turns to keep watch of the latest relevant promos to save some time scrolling through the endless list - or join subscriptions for collated summary)
re-think about what you are buying - is it a want? or is it really a need? (occasional indulgence is fine)
These are quite simple, but I realised that these small habits have added up quite a lot over time:
Even when the temptation is real to buy a drink with a meal, I feel like I already carried a water bottle here so I might as well drink it 😅It's saved $1-$2 everytime I eat out, which adds up to quite a lot over time.
If I want to sign up for membership, I will usually ask my friends if they have a referral code. If they do, it's a win-win because both of us get a reward :")
I go out a few times a week / month for a meal, and Burpple has helped me save more than $500 from 1 for 1 deals. They have 500 restaurants on their list, so it's easy to find a deal anywhere. The membership is $70 and if you sign up with a referral code, it's 30% off so it's really worth. Here's my code if you're interested: