Are you a student or a working professional living away from home in PG, and worried about your rising expenses? Well, then you aren’t alone. It is a common concern confronting millions. While staying away in a PG accommodation. expenses can quickly escalate, leaving you with a few pennies in your account by the month’s end. Things can worsen, especially while living in an expensive city like Pune. Food, stay, transport, and miscellaneous expenses can desert your bank account quicker than you think.
However, it doesn’t always have to be like that. You can save money even while staying in PG in Kharadi, Pune, or other areas across the city and still have a healthy month-end account balance. Accordingly, here are some tips to save money while staying in a PG.
6 Money-Saving Tips for People Living in a PG in Kharadi, Pune
Saving money while living in a PG isn’t rocket science. However, it surely requires you to make some adjustments and establish self-control. So, here’s how to save money while living in a normal or luxury PG in Kharadi, Pune.
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Budget Your Monthly Costs
Weigh your income, review your expenses, and set a monthly budget. Budgeting helps! It helps you factor in everything you spend money on throughout the month and allocate funds for it. Keep some space for additional or unforeseen expenses like a sudden party, emergency, etc. Additionally, reserve some funds for savings and investments to maintain sound financial health.
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Monitor Your Expenses
Earlier, when cash transactions were more prevalent, an emptying wallet constantly reminded people about their expenses. But with UPI making payments convenient, controlling expenses can become challenging. Nevertheless, you cannot burn money for anything and everything. You should keep a strict control and watch your expenses to seal unnecessary leaks. The key is ensuring you spend money only on what’s necessary.
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Watch Your Food Bills!
Believe it or not, food is one of the most significant expenses for most of the people staying in a PG in Kharadi, Pune! While staying away from home, we all love to pamper our taste buds. But everything comes at a cost. Dining out, takeaways, or deliveries may be fine once or twice a week. However, making it a routine can drain your money quicker than you think! Let alone the negative impact it can have on your health. One way of saving money on food bills is cooking in your room. You may want to share a kitchen and cook together. While saving money, it can foster healthy conversations with your roommates.
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Take Shared Transport
Booking a private cab or an auto-rickshaw every day can prove a major expense. Instead, take shared transport like a shared auto or public transport. Taking up shared commuting can help you curtail your travel expenses by up to 60-70 percent!
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Save Energy
Energy costs are never factored in your accommodation cost, whether you stay in a normal or luxury PG in Kharadi Pune. The more you use electrical appliances, the higher you spend on energy. Saving energy and related costs is about being careful and rational. For example, you can switch off the fans when not in use or turn off the lights when you aren’t using a particular room. Although seemingly trivial, all these actions count in the long run and can help you curb your energy expenses.
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Stay Away from Unplanned Shopping
While away from home, you need a reason to feel loved, pampered, and happy for yourself. Thus, falling for marketing gimmicks like great deals, big discounts, happy hours, delightful days, etc., is very easy and common while staying in a PG. However, unplanned shopping can quickly raise the expense meter and destroy your monthly budget. Hence, as far as possible, stay away from unplanned shopping, unless you need something for a special client meeting or college presentation. Otherwise, shop only when necessary.
We hope the above general insights into saving money while living in a PG help you save more than you usually do. As mentioned earlier, saving money is about self-control, discipline, and commitment. There’s nothing wrong with enjoying life. However, what matters is how responsible you are while you are away from home.
Looking for a Male or Female PG in Kharadi, Pune?
Choose Casa Stays if you are looking for a regular or premium PG in Kharadi, Pune for males and females. With well-maintained rooms and, range of amenities like security, furniture, high-speed internet, fresh meals, laundry, etc., we provide a comprehensive PG that helps you stay comfortably and save more. Call us at +91 8552853006 to explore more about the cost of regular and luxury PG in Kharadi, Pune.