½ûÂþÌìÌÃ

Menu
½ûÂþÌìÌÃ

How to save money in Singapore

Post new topic

Priscilla

Hello everyone,

Did you plan your budget before your move to Singapore? If so, how did you go about it?

How do you save money in your day to day life? Do you find there are any areas where you can't cut costs?

Do you have any tips about saving money in Singapore? For example, getting the best deals on accommodation, grocery shopping and dining out, the best value transportation, etc..

Are there any apps or websites that have helped you to save money?

Thank you for sharing your experience.

Priscilla

beppi

Singapore consistently ranks among the most expensive cities in the world.
It is not easy to save, unless you are on a comprehensive expat package.
The most costly items are accommodation (rent), schooling and cars. You can save lots by renting just a sublet room (or sharing a flat with others), not sending your kids to international school and having no car (it is easy to live here without one).
On the other hand, public transport and even taxis are affordable and eating out in simple restaurants and hawker centres is cheap - it often costs more to cook yourself!

Vinc Lee

Hi priscilla!

I am Vincent, 25 this year. I am a Singaporean and I would like to share with you some tips on how to save up your money in Singapore.

Food expenses:
There are lots of food centers over here in Singapore. It can be found anywhere in Singapore, selling wide range of delicious local food! We call them as coffee-shops or simply "kopitiam" here in Singapore. Try to avoid dining at restaurants as their food can be pretty expensive. Dining in our local coffee shops is more than good enough to satisfy your taste buds!

Transport:
There are public buses and MRTs for you to take to literally everywhere in Singapore. They cost only a few dollars and cents per trip and budget wise, they are definitely better than taking taxis. They are also really convenient to travel to your destination as well! But if you are really onto saving cost, you may also download the transport app- Uber/Grab. The cost of their transport services are definitely cheaper than our local taxis.

Hope this help. Cheers!

Articles to help you in your expat project in Singapore

  • Banking in Singapore
    Banking in Singapore

    Singapore offers a wide range of personal banking services and has a complete offering of international banking ...

  • Guide to open a global offshore banking account in Singapore
    Guide to open a global offshore banking account in Singapore

    PricewaterhouseCoopers revealed in July 2013 that in its Global Private Banking and Wealth Management Survey that ...

  • Driving in Singapore
    Driving in Singapore

    Singapore has an efficient public transportation system coupled with excellent taxi services, with phone apps ...

  • Dating in Singapore
    Dating in Singapore

    Moving to Singapore has been fun since you've been exploring a new country and culture. However, if you ...

  • Internships in Singapore
    Internships in Singapore

    Singapore is home to many universities of international repute, as well as companies from a diverse range of ...

  • Marriage in Singapore
    Marriage in Singapore

    Singapore allows both foreigners or a foreigner and a local national to marry in the country. The procedures and ...

  • Using phones in Singapore
    Using phones in Singapore

    As in many developed countries, mobile phones have taken over the landline network in Singapore. Whether ...

  • Finding a job in Singapore
    Finding a job in Singapore

    Singapore has a well-developed job market with numerous outlets providing information on employment opportunities, ...

All of Singapore's guide articles