Money saving tips for recession

Looks like we are stuck in the recession already. Hopefully, it would be over soon. Although the inflation has receded, but the cost of goods did not really come down. Here are 7 tips that can help to save money.

1. Eat breakfast at home. 4 pieces of bread and 3 in 1 coffee would cost at most 1+. But, fried bee hoon with egg and cabbage plus a kopi would cost 2.90. Bread is less oily some more.

2. Eat at hawker centre rather than food court and restaurant. This is pretty obvious right? The food court and restaurant would definitely cost more. Pick those ulu hawker centre which still charge less.

3. Eat mixed vegetable rice. My office lunch gang frequent nearby food court. Mixed vegetable rice is the cheapest food that can be found among the stalls. Even a fish ball noodle also cost $4, compare to $3+ for a plate of rice. Furthermore, mixed vege rice would give you more nutrition.

4. Watch movie on Mon-Wed. The price is cheaper and the crowd is much lesser than weekend. So, if you really must watch, watch on Mon-Wed.

5. Exercise more. Instead of drinking, party going or karaoke, why don't get some friends to jog together. It is fun, and much more healthy this way. Other entertainment cost much more during weekend, but exercise does not cost more during weekend.

6. Avoid window shopping. People have tendency to go window shopping with nothing to buy in mind. More than often you bought things on impluse. So, if you didn't go, that won't happen at all. Have a shopping list and only follow it closely.

7. Utilise broadband internet connection more. You can chat with friend online to reduce traveling and meeting time. You can read news without buying physical newspaper. There are many ways your unlimited broadband connection can help you save some money.

Spend on what you need to, not what you want to.