Money Saving Tips for the Year 2022
How to save money in Dubai is the question
comes in every expat mind, People come to UAE for money no matter how much your
salary is, the goal is to save money and use it for upcoming future plans but
many cannot, not only people with lower salary but expats who are earning
bigger salaries are the ones who struggle more.
We are going to cover 30 best and effective money saving options in Dubai.
Cheap Groceries:
1. The first point is to avoid
high-end supermarkets and bakalas (groceries), visit Carrefour, Union Co-op, Lulu
etc for your monthly groceries, do not buy things on daily basis as it cost
more.
2. Avoid buying unnecessary things,
making a list each month and strictly sticking to it will help you in avoiding needless
stuff.
3. Have lunch or dinner before you go
to supermarkets. When we're hungry, our eyes and stomach want to eat everything.
4. Enroll for loyalty cards. The
discounts matter in the long run.
5. Buy sea foods from fish markets not
from general stores.
6. Try not to buy processed foods; they
are more expensive than fresh meat and other commodities.
Prepare Food at Home:
7. Do your morning breakfast, coffee
or tea at home. It is also from one of the best money saving options in UAE.
8. Limit dining out. Sit someday and count how much you spend
dining out compared to cooking meals at home?
9. If you have to stay at home on
weekends, keep yourself busy and only eat on time, do not eat when you sit free
or your fridge will quickly empty its stock.
10. Don't go for buffets if your
appetite (hunger) is light.
11. During events and parties try to bake
and eat at home, UAE has a popular culture of dining out during events and
parties due to which expats spend more.
12. Bring packed lunch at work,
believe me this is the best way to save money in Dubai.
Smart Shopping:
13. Try not to buy unnecessary stuff
even it is on sale, if something originally costs 500 AED and you bought it for
300 AED, you did not save 200 but spent 300 unnecessarily.
14. Plan and schedule your shopping, shop
ahead of the season. Generally, winter clothes cost less at few months before
the temperature goes down.
Energy Conservation to save Electricity
bills:
15. Change the default yellowish bulbs
in your flat with power-saving and long lasting bulbs also known as energy savors.
16. Put the AC on timer when you're
sleeping, or switch it to fan after some time.
17. Don't leave laptops on while
sleeping, Put it on sleep mode.
18. Turn off the lights when not in
use.
19. Buy appliances that can save
energy and water consumption.
Health Tips for well being:
20. Maintain healthy lifestyle so you
won't have to spend more on medical treatments, to do this you need to eat
fresh fruits and vegetables.
21. To avoid stress do some exercise
at home because good mental health follows a good physical health.
22. Embrace discipline life, set
wakeup and bed time because chances of getting sick are relatively less in
disciplined life.
23. Workout at home to save gym costs unless
you need specific shaping and advanced weight-loss programs, search YouTube for
home based exercises.
Travel Cheap:
24. Shop on monthly or weekly basis to
save petrol usage or taxi fares; also do not buy luxury SUVs, unless you really
need it. Get a vehicle that simply provides your basic transportation needs.
25. Avoid Salik gates and drive
consciously to avoid traffic violation fines.
26. Buy RTA seasonal parking cards
usable in select parking zones instead of paying on an hourly and daily basis. It
also comes in money saving ideas for Dubai, especially if you are using the
parking for the whole office hours. Visit RTA
site for new parking fees.
Bills and Bank Payments:
27. Automate and pay your bills online
so you won't have to spend extra while going to payment centers. Also avoid
cross-withdrawing from ATM of another bank to save 2 AED per transaction.
Another best way to save money in UAE as an expat is depositing the extra money into bank account, it is better to keep money in your personal account instead of keeping it in pocket, so if you do not have a bank account, get one and start saving.
Low cost Travel:
28. Avoid impulsive seat sale buying.
You will end up spending more for that whole trip itinerary (hotels, food, and
tour packages). Plan your travels so won't have the worries, also plan your
holiday trips on low-peak season.
Home Furnishing and Appliances:
29. As all of us are expats here in UAE
not permanent residents, it is good to buy used things, so consider buying used
furniture and other basic home appliances from popular websites such as
Dubizze, OLX and Biddi etc. UAE community is very transient and it's not hard
to find used items that are still in good quality.
30. Sell things you do not use, also do
not over-decorate your household unless you'll be staying here for ages.
Coins box:
Another effective way to save
money is to keep our 'excess' twenty five fils, fifty fils or dirham coins
in a coins box. I still remember in 2014 when I started saving extra coins, at
the end of that year I was able to book my one sided ticket which worth 300+ dirham’s
, so don’t take it funny, we can also use those coins to pay for parking,
grocery carts, or for tipping the delivery guys.
At the end of this very useful guide about how to save money in UAE, I want everyone to refresh your way of thinking about
how, what and why we buy things; the main reason for which people don’t save
money is that they don’t know how to manage their finances in an effective way.
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