Starbucks Hacks in Singapore that will Save You Money

Starbucks Hacks

Gaming the Starbucks system isn’t only fair, it’s probably encouraged. After all, it keeps you entertained, and Starbucks will be happy that it keeps you walking to their cash register. Here’s a few ways that people try to squeeze a buck or two out of a latte:

  1. Get a Tea Bag

If your intent is to sit there as long as possible and talk to a friend, then enjoy a tea buffet. Simply get a tea bag, and you can ask for hot water for a refill. In theory you can do this three or four times before you’re basically drinking water with a faint suggestion of tea, but you’ll have a hot cup in hand while sitting there for an hour.

For those of you not on a budget, do note that it’s best to avoid steeping your tea twice. You know, if you’re a connoisseur or anything.

  1. Get a Starbucks Card and Register It

If you buy a Starbucks card, you have two advantages. The first is that you can control your budget – put a set amount of cash in it every month, and when it runs out you know that you’ve hit the monthly limit.

The second advantage is a free drink on your birthday, and rewards on two tiers (green and gold). These entitle you to use special coupons and rewards, which come crowding into your mailbox. This won’t save you money if you visit infrequently, but if you’re the sort whose there at least once a month, it’s worth the savings.

  1. Staying for a While? Just Buy the Venti.

If you intend to stay and sip for a long time, do consider just buying the biggest size possible. There is no Venti drink on the menu that will cost more than two Grandes or two Talls. It’s simple economy of scale and it makes sense to share or split a Venti with your partner, rather than buying a two Talls.

(Although if you feel you can’t finish it, then don’t waste money by getting the bigger drink.)

Incidentally, a price trick: when faced with three foreign sounding words, most people will pick the one in the middle (i.e. the one the business really wants to sell). That’s why Starbucks doesn’t call them small, medium, and large. Now you know.

  1. Cheap Iced Latte

Say you really need a drink to wake the dead, but are on a budget. A simple trick is to ask for three espresso shots with ice. Put it in at least a Grande cup, although a Venti will do as well.

You then have a two minutes or so to rush over to the counter where they keep the milk, and douse your drink in bovine goodness. Why the timer? Because espresso gets bitter really fast, so don’t linger.

Assuming you pull this off, you could have a very cheap iced latte (under S$5). Be prepared though, it’s strong enough to leave you vibrating for a few hours. Also, it’s not technically allowed so don’t do it repeatedly.

  1. Ask for Your Grande Coffee in a Venti Cup

Just add some milk afterward, or more ice. It will dilute your drink a little, sure, but you’ll get a bit more bang for your buck. Just make sure you don’t go to the extent of emptying out the milk carafes, because the rest of us need it too.

This next one is not a hack, but…
Do remember to use an appropriate credit card, if that’s your mode of payment. If you’re not using your Starbucks card then you may as well get rewards, one way or another. You can find the best credit card in Singapore with SingSaver’s price comparison tools.

(This article is brought to you by SingSaver.com.sg)

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4 Ways To Significantly Decrease Your Living Costs In Singapore

According to Investopedia, “Cost of Living” is the amount needed to sustain a certain level of living that includes basic expenses such as food, taxes, housing, and healthcare. This factor can make a difference especially if your salary is sustained in an expensive city such as ours. Your salary can go further at a developing city but it may barely go buy at a developed one. Logically, it is important to take measures that help you decrease the costs. Start with these four ways:

1. SAVE ON EDUCATION FEES

Aside from transportation, housing, and food, one of the family’s major expenses is the education fee. Childcare as well as tertiary education is costly for the parents especially if they have two or more students in the family. Topping the fees are the pile of miscellaneous such as school supplies, uniforms, camps, and other extracurricular activity expenses. Fortunately, there are some organizations that offer student grants.

The NTUC Bright Horizons Fund offers financial assistance to children from underprivileged families. The amount of assistance varies according to the gross household income or per capita income. Also, there is a minimum co-payment fee of 2% and an additional S$20 for Union Members.

While adults’ aged 35 and above that earn not more than S$1,900 can upgrade their skills with the Workfare Training Support (WTS) scheme. These adults can benefit from 95% course fee funding on various courses including part-time diploma or specialist diploma at the five local Polytechnics. Imagine how many opportunities you can get after!

2. SAVE ON TAXES

Each year, hundreds of tax deductions and credits may go unclaimed due to the lack of taxing knowledge. Be sure to maximize the tax reloads that are applicable to you by checking out the information provided by the Inland Revenue Authority of Singapore, here.

3. SAVE ON TRANSPORTATION

The good news just keeps on rolling! Early commuters can board the MRT for free before 7:45 am on the weekdays (i.e., excluding public holidays)! The no-cost rides are available at 18 MRT stations namely: Somerset, Bayfront, Bras Basah, Bugis, Orchard, Chinatown, City Hall, Clarke Quay, Dhoby Ghaut, Downtown, Esplanade, Lavender, Marina Bay, Outram Park, Raffles Place, Tanjong Pagar, Promenade, and Telok Ayer.

If you missed the cut-off timing for a few minutes, fret not. You can still indulge on 50 cents off your fare if you exited the designated stations. To be eligible for these, you must not enter from the 18 stations mentioned above. Your savings on transportation can pile up as time goes by.

4. SAVE ON WATER

We cannot live without clean water. Therefore, you must employ saving habits to lower down your bills. Learn a thing or two from this illustration:

Image Credits: pub.gov.sg/CONSERVE/HOUSEHOLDS/Pages/Watersavinghabits.aspx

Image Credits: pub.gov.sg/CONSERVE/HOUSEHOLDS/Pages/Watersavinghabits.aspx

 

Sources: 1, 2, & 3

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4 Ways To Speak Up And Save More S$

As awkward as this may seem in the context of our Asian culture, if you asked for a good deal…there is a higher possibility of receiving it.

Confidently, politely, and effectively asserting yourself towards the seller, the owner, or the company itself can help you increase both your knowledge and your savings. Apply this notion in these situations:

1. NEW FEES OR CHARGES

New fees or charges can exist if your cable, telecommunications, or other services provider changed their terms. Perhaps you received a lengthy letter, which you ignored, but it is your right to know what these new charges are for. Some companies are open to suggestions and negotiations. So, do not hesitate to ask them for an informative explanation.

2. FLEA MARKETS, SALE FAIR, OR THRIFT SHOPS BARGAIN

Say you are at a flea market, sale fair, or thrift shop and you found a book trilogy but the prices seem high. Instead of challenging the seller in a negative tone (e.g., Why is the price tag so high? or The books are not even in good condition!), you must show your adoration in a positive tone.

For instance, you may tell the seller that you admire the author very much and that you are willing to take home all of it for a discounted price of S$10 (i.e., getting the third book for 50% off). The seller would most likely agree since your approach was respectful.

3. DISCOUNTS FOR GROUPS

I worked previously at a yoga studio that offered cheaper prices if you went for their group classes. It goes the same for other fitness centers or beauty salons especially if they had recently opened. Group discounts can be availed by family members or friends. All you have to do is to ask the counter if they offer it because some of the special rates maybe unadvertised.

4. DISCOUNT FOR MINOR PRODUCT ISSUES

Smart shoppers use minor product issues such as slightly bruised home decorations or missing buttons as bargaining tokens to get at least 5% discount. For example, you noticed that the milk at your local mart is expiring soon, you may ask for a reasonable discount at the counter.

Image Credits: pixabay.com (License: CC0 Public Domain)

Image Credits: pixabay.com (License: CC0 Public Domain)

They are most likely to agree to this because they are able to keep you as a loyal customer at no significant price loss. 🙂

Sources: 1 & 2

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36 Things You Can Do In Singapore, Aside From Spending Too Much Money

Your wallet must be exhausted after the weeklong festivities in celebration of Singapore’s golden jubilee. Give your wallet a break and ease its pressure by doing budget-friendly or free things in the weeks to come. Start with these:

1. Read a book or a series at the nearest public library.

2. Take advantage of the free Wi-Fi at MRT platforms.

3. Catch up with your friend through video chat.

4. Daydream about the future.

5. Purchase and play Frisbee outdoors

6. Create your homemade pizza with affordable ingredients.

7. Make and eat different homemade desserts such as s’mores.

8. Play dress-up with your children.

9. Have a volleyball game at the Siloso Beach.

10. Enjoy a sleepover with your friends.

11. Update your social media profiles (e.g, change profile photos).

12. Upgrade your C.V. or Resume.

13. Creatively arrange your decorative flowers.

14. Make your own recycled vase.

15. Host a movie marathon with your friends or family.

16. Craft lovely DIY gifts.

17. Write an essay, a journal, a poem, or a short story.

18. Listen to your favorite music.

19. Watch the sunset with your special someone.

Image Credits: pixabay.com (CC0 Public Domain)

Image Credits: pixabay.com (CC0 Public Domain)

20. Gaze alone night sky.

21. Play old-school video games.

22. Go for a neighborhood run.

23. Take pictures of sights.

24. Build a free music playlist at Spotify.

25. Organize your drawers and closets.

26. Book a free tour at NUS Baba House (A Preserved Heritage House).

27. Enjoy the fantastic view of the Supertrees at Gardens By The Bay.

28. Indulge in Changi Airport’s freebies.

29. Walk high at the MacRitchie Reservoir’s Treetop Walk.

30. See higher at magnificent ION Orchard’s 55th level.

31. Bike and chill out at the East Coast Park.

32. Hunt all the eight Merlions in Singapore.

33. Visit the largest and oldest cathedral in Singapore – St. Andrew’s Cathedral.

34. Jalan-Jalan at the Changi Point Boardwalk.

35. Have a beautiful time with homemade DIY spa treatments.

36. Appreciate amazing art at the Gillman Barracks.

Sources:1, 2, & 3

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What Is Financial Well-Being And How Does One Boost It?

Early this year, the U.S. Consumer Financial Protection Bureau conducted a study on 59 consumers as well as 30 professionals to define what financial well-being actually is. Through their in-depth interviews they found that your income does not matter; consumers can experience financial well-being or the lack of it because it is highly personal. Therefore, financial well-being is defined as having financial freedom of choice and financial security in the present and in the future.

FACTORS THAT INFLUENCE THE FINANCIAL WELL-BEING

a. Social and economic environment,

b. Personality and attitudes,

c. Decision context,

d. Knowledge and skills,

e. Available opportunities,

f. and Behavior.

Image Credits: pixabay.com (CC0 Public Domain)

Image Credits: pixabay.com (CC0 Public Domain)

FINANCIAL WELL-BEING’S FOUR ELEMENTS

1. PRESENT SECURITY

You are able to pay your bills on time and do not have to worry about having enough money. You manage your finances and not the other way around.

2. FUTURE SECURITY

You are prepared to handle any financial emergencies or shocks that when it strikes, you have sufficient insurance, savings, and support from your family and friends.

3. PRESENT FREEDOM OF CHOICE

You have control over your life because you have financial freedom. Taking holidays, going out for dinner, and being generous to your family are done as you wish.

4. FUTURE FREEDOM OF CHOICE

You have short-term and long-term financial goals and you know how to meet them.

Image Credits: pixabay.com (CC0 Public Domain)

Image Credits: pixabay.com (CC0 Public Domain)

WAYS TO BOOST YOUR FINANCIAL WELL-BEING

1. EARN  IT

Many people cut expenses but only a few examine ways to increase income. In the event of job loss, it is still important to do whatever it takes to provide for yourself and your family.

2. PROTECT IT

Do research (e.g., from newspapers, Internet, and financial experts) to ensure that all your monetary efforts are not wasted.

3. MANAGE IT

After you retire, the bottom line is not how much you make but how much you keep.

4. GROW IT

With careful financial planning, money will grow even in a slower economy.

5. ENJOY IT

A comprehensive plan will allow you to go for vacations, new car, and so much more. With this, you can transfer some funds to your heirs or to charitable causes.

Take each day as an opportunity to work towards improving your financial well-being! 🙂

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