Tips To Save Money When Living In A Big City
Living in a big city isn’t for everyone. There’s a lot to sacrifice, from space to money and even fresh air. Despite all the struggles, many people still thrive. City life is extremely expensive, which isn’t always due to price inflation.
There are just many things to do in the city, and with each hum, smell and vibe, you’re tempted to keep exploring. If you’ve decided to move to a big city and wonder how best to thrive on a budget, some great financial tips are listed below.
1. Finding Accommodation Can Be Tough
When choosing accommodation in big cities, you must be willing to sacrifice your comfort. Unless you have the funds to spare, it’s best to forgo the idea of luxury living in a city apartment that costs thousands monthly.
Your best bet will be to find a room for rent within your budget. In choosing your ideal rental space, you need to figure out what’s most important to you. Some people consider their location instead of aesthetics, while others choose proximity to the center over cost.
2. Cook More
You’ll never realize how much of your money goes into takeaway food until you start making your own meals. Nowadays, cooking at home is more of a necessary life skill than a talent. It helps you save, but it also goes a long way to keep you healthy.
No doubt, when living in a big city, it’s easy to be swept away by the range of eating spots springing up every second. While enjoying these once in a while isn’t a bad idea, consistently eating out can affect your finances negatively. To stay on budget while in the city, consider subscribing to meal boxes, grocery shopping from supermarkets, or cooking with friends.
3. Public Transport Is Ideal
If you’re looking to save some bucks, public transport is the way to go. This is one inexpensive convenience offered in many big cities.
Most people only flag down a taxi or get an Uber when they have a tangible excuse (like they’re pregnant or it’s raining). Plan your commute to be easier and cheaper. This will encourage you to walk and reduce transportation costs.
4. Look For Discounts
Living in the city on a budget can be extremely easy if you’re a student. Look into the different student discounts you’re eligible for, and you’ll be surprised that your discounts cover almost everything from gyms to cafes, restaurants, and cinemas. You can even get great online services such as Netflix and Amazon Prime at a discount, so don’t let this chance pass you.
5. Bring Your Coffee
Sometimes, you’re a pro at making and packing your lunch, but you can’t stop purchasing a cup of Starbucks every other hour. We’re not saying you need to quit buying coffee altogether because we all go to cafes for other reasons apart from their lattes. It’s much easier to make your coffee at home if you’re on a budget. A single step into a café exposes you to more than coffee. You might buy an extra cinnamon bun or a salad to go with your coffee, and these little purchases all add up.
All in all, living in the city on a budget is tough, but it is doable. You need to be fully aware of what you spend and take advantage of every free thing the city offers.
