In a UOB poll with Singaporeans aged between 18 and 55, people intended to spend an average of $2,503 on Chinese New Year last year. A budget in the thousands is undeniably a hefty amount for most of us.

Price hikes on everything, from goodies to clothing, haircuts and car rentals as early as two months before the Chinese new year is a norm and a headache. Luckily, we got your backs and your wallets with quick tips to help cushion these crazy prices.

Here are 3 areas you can save on!

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1. Getting cheaper Chinese New Year (CNY) goodies Woodlands Industrial Park

Every year, we hear about cheap traditional Chinese new year goodies, Bak Kwa,