Saving & Spending
Tips to Reduce Cost of Living (PM Lee’s & SG Budget Babe’s version)
By Singapore's Budget Babe  •  August 22, 2018
PM Lee shared some tips during his NDP Rally Speech this year (2018). While I applaud the government for some of their initiatives - Medishield Life and CareShield - which I find are fantastic improvements, many of the tips that our dear PM shared didn't seem to be particularly useful for middle-income households like mine. Here's a summary of PM Lee's tips: To save money on utilities:
  • Be mindful of water and electricity usage
  • For lower income families, U-Save rebates are provided to help offset some of the costs
To save on mobile phone expenses:
  • Watch your data usage and download using home Wi-Fi instead of 4G
  • Tap on Wireless@SG when it is available outside
To save on infant milk formula
  • Breastfeed
  • All infant formulas sold in Singapore meets the nutritional needs of the children and brands should not matter
For cheaper food options
  • Look for economical options. Stalls in ...
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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