How to save money in UAE
If you’ve been in UAE for long and find it difficult to save
or wondering at the end of the month where all your salary disappeared? Living
wisely can leave you enough to enjoy UAE and save up for a good future as well.
Here are few ways to help you save money in UAE:
1) Leisure: Head
to the beach or park in cooler months. The fun doesn’t stop as the temperatures
rise in Dubai. Reserve a weekend to enjoy the seemingly endless options for
indoor activities with your entire family. From indoor skiing and aquariums to
state-of-the-art cinemas and theme parks, there’s enough action to keep
everyone occupied on a fun day out. Enjoy Buy One Get One free deals from a
variety of popular attractions in UAE.
2) Shopping list:
When you are shopping, it is always better to have a list. It keeps you from
forgetting anything and helps you to stick to the budget. If you do not have a
list, you tend to wander, deviate and end up buying something that you don’t
need.
3) Save energy: High
electricity bills are one of the major frustrations among residents in the UAE,
especially during summer when air conditioners are running almost 24/7, the
monthly bill thickens. Keep your AC at 24 degrees Celsius. That is the most
cost-effective and eco-friendly option in UAE without leaving a hole in your
pocket.
4) Cheap grocery:
If you want an economical living in the UAE, you need to compare grocery prices
and buy from the supermarkets that offer great deals and discounts. The
technology has taken us a long way with online shopping being a life savior.
There are applications that lets UAE shoppers compare grocery prices across
stores.
5) Track your
spending by saving receipts: The receipts that you get from retailers and
other stores can be good reminders of the money that you spend. Rack up those
receipts for purchases made during the month and go through them at the end of
the month. These receipts will help you understand and control your spending on
unwanted and unnecessary items.
6) Effective Banking:
Banks in UAE will easily offer you free accounts and credit card services.
However, make sure you compare several banks and the benefits and fees
associated with them, so that you don’t get any surprises later. There are some
options to be found in UAE and you can even find account options where banks
are willing to waive the minimum balance requirement completely. Look for a
bank account or a credit card that allows you to make the most of your savings.
A credit card with a lower minimum salary requirement is a great option to
consider.
7) Attend a happy
hour: Happy hours are where you can go to save a buck.
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