While living in the Philippines, young working professionals must be careful with their budgets. Alongside rent, utilities, transportation costs, grocery budget, and your leisure activities, you can go over budget if you aren’t mindful of how you spend your money. However, there are ways you can save while living in the Philippines without making too many changes to your lifestyle. As such, here’s how your home location can help you save:
Can Have Lower Home Maintenance
Living in a condo or apartment complex can give you lower home maintenance because you aren’t in charge of maintaining anything outside of your living space. This means that if something breaks or goes wrong with the exterior of the building or in its common areas, it is not your responsibility to fix it. This allows you to focus on the space that you do use, and if your place needs repairs or replacements, you would likely have the option of calling the building’s management instead of having to do it all yourself.
In the Philippines, many condos are situated near commercial areas like malls and business districts. As the country’s capital region, many cities in Metro Manila can provide you with your needs. But among them, Quezon City (QC) is the largest in terms of land area and population. So it is filled with various establishments that can provide you with your daily needs. From groceries and dine-in restaurants to clothes shopping and entertainment, QC has it all. That’s why, if you want to enjoy this city living, you should get a condo in QC to enjoy all that city life has to offer. And as you already live in the area, you won’t have to go far, saving you time, money, and effort as you work on your hobbies without changing your lifestyle.
Lesser Transportation Costs
If you live near the places you need to go, like your job or grocery store, you can save a lot on transportation costs. Lesser transportation costs mean more money in your pocket at the end of the month. You won’t have to spend as much on gas or public transportation, and you’ll be able to walk or bike to most of the places you need to go. This can be a great way to save money and get some exercise at the same time. Just make sure you know local traffic patterns and plan your route accordingly.
Can Aim for Lower Costs of Living
When finding an area with a lower cost of living, there are a few things you can do. One is to research different areas and compare the cost of living. You can also look for areas with a lower cost of housing or a lower cost of living. If you’re willing to move, you may be able to find an area with a much lower cost of living than where you currently live. This can save you a lot of money in the long run.
Budget-friendly Options for Eating Out
If you’re looking to save money on your food budget, living near many food establishments can be a big help. Not only will you have a variety of places to choose from when you’re eating out, but you’ll also be able to take advantage of discounts and specials. For example, many restaurants offer deals on food items during happy hour. Living close to these establishments allows you to easily take advantage of these discounts without having to travel very far.
Access to Various Leisure and Recreation Areas
Your home location can significantly affect how much money you save. For example, if you live close to many leisure and recreation areas, it will be much easier for you to get there, and you can find cheaper options that fit your budget. Some of these places might even be free. This will allow you to go out and have fun. Here are some examples:
- Parks: A park is a great place to go for a walk or a picnic. Many parks also have trails, ponds, and other features that make them perfect for exploring.
- Museums: Museums offer a great way to learn about history, art, and more. Many museums are free or have low admission prices.
- Zoos: Zoos are a great place to see animals from all over the world. Admission prices vary, but many zoos offer discounts for students or families.
The Philippines has many leisure and recreation areas perfect for enjoying oneself. Aside from city places, you can also visit its many islands, which offer beautiful scenery and plenty of activities to keep you busy. You can also find great deals on accommodation and food if you know where to look.
With a little effort, you could be well on your way to saving hundreds – or even thousands – of dollars each year. By knowing how you can maximize all the amenities available, you can stretch your budget further and free up some extra cash.