7 Money Saving Tips for Singapore Move!

Relocating to Singapore is the toughest event for those who are planning to move with entire household belongings and family members. Besides its tormenting tasks, you are also going to experience various amazing sculptures, architecture, mouth-watering food, amazing public transport, and many more. But, all this is required our hard-earned money on it. One thing that many people may have known is that Singapore is one of the most luxurious countries in the world. People who want to move there should be well prepared in terms of finance. When we talk about money, moving cost is one of the major expenses that occur during the relocation including hiring international movers that cannot be avoided. But you can save some of your hard-earned money after moving to Singapore by adopting some points we will provide you. 

Let’s move on to the further blog without delaying and can save yourself from facing any financial difficulties after relocating to your new house. 

• Avoid renting or purchasing in the main city: Purchasing or renting your house is one of the biggest bills for you. Although, you will find various housing options in Singapore but choosing the best option is in your hands according to your budget. The rents for houses in the main city will be the most expensive as compared to countryside houses. When you search around the city, you will get more affordable options for your house. If you want to save some of your money, you should try to rent your accommodation in the countryside.

• Public transport is key: Singapore is best known for its public transport as it is widely spread around the cities and you can use it at cheaper prices. Using public transport in Singapore is highly affordable rather to owning own vehicle. You have to struggle to get your own vehicle as the Singaporean government has imposed various tariffs and fees such as Certificate of Entitlement, Service Tax, Registration fees, and many more. So, it is better to use public transport and avoid purchasing your own car in such an expensive city to save some money.

• Local cuisine: Singapore has both economical and luxurious food and it is your preference to choose between them. From a monetary point of view, you should embrace local food and avoid eating in expensive restaurants with higher ambiance. You can eat in hawker centers or food courts to actually save your money. You rather avoid all the meals from outside and prepare your home food under your budget.

• Choose two banks: Depending on one bank could be expensive for you as you will not be able to fulfill your banking needs. So, you can consider to choose two banks; one can be an international bank, and the second can be a local bank. You can send and receive money to your home using the international bank and can use the local bank to deposit your salary. The main reason to open an account in an international bank is to save your extra spending on non-bank remittance services.

• Bring your wardrobe: Singapore is a shopping paradise where you can purchase anything you want. But it also comes with certain disadvantages like a higher expense. You have to pay more for the thing that you could purchase at lower prices back home. Also, it is commonly known that people in Singapore have different body types due to which foreigners can find difficulty to get their size. Thus, it is highly recommendable to bring your own clothes at affordable prices.

• Avoid throwing things: This might not be new for you to arrange a sale for your unwanted but usable items. You might not need them but others can. You arrange a yard sale or can sell them at online stores. You can find many online stores that may purchase second-hand goods and sell them further at higher prices. If you have such things, you can sell them and get some cash instead.

• Insurance options: Singaporean government offers private medical, critical sickness insurance, and government medical. You should purchase any of the insurance policies that you think can’t affordable in the future to pay out from your pocket. As you are moving to Singapore, you surely going to work there. So, double check with your company if they will provide the benefits or health package to the employees. Remember to get all the government-sponsored health insurance programs if you are a permanent resident in Singapore.

EndNote

Moving and living in Singapore may seem very frightening but it is not impossible if the right steps are taken on time. You should not compete with others to live like them as your life is completely different from others. So, try to live like a local and you will probably never have to regret moving to Singapore.

Coming to the moving journey, international movers will be the biggest help to shift your valuable possession to the final destination. Their expertise is enough to handle your moving responsibilities and all the stress you have. I hope you will get the best relocation ever and be able to survive in Singapore with the help of the above tips for saving money.

Have a safe and secure journey!!