5 Tips for Workers Who Rent Condo Units in Makati City

One of the busiest financial district in the Philippines is the city of Makati. One proof of that is that there are 189 Condominium buildings in the city. Wherein most of these condominiums are used in business offices and home properties. According to the PSA, the city has a 93.4% employment rate in 2015, which clearly shows its active work force.

The city is highly developed and workers from the surrounding provinces are finding their own way on how they can save more of their income and to bring home more for their family. Although the salary grade in the city is much higher than in the provinces, but the cost of living is much higher too. That is why saving money is the first dilemma of the non city residence workers. Most them live or stay in condos in Makati to save as much as they could compare to daily transport fare that would rise up higher compared to renting a unit nearby the place of their work. Daily commuters are suffering from traffic, tiredness, fatigue, and expensive fares. By choosing to live in a condo, they will save much time resting than traveling, but the cost of the rent is their only trouble. To help you solve that, here are five helpful tips to encourage you to save more money despite the high cost of living in the city.

Avoid impulsive shopping

Having to expect a high salary, you may be tempted to shop in your first pay day, but I am warning you to stay calm and save your money for the more important things to spend it with. The city is surrounded by malls and establishments that offer the best shopping deals there is to offer. One look and you will be captivated by many attractive items, gadgets, clothes, and many more. The second look will make you buy them!

Avoid Restaurants, go to the market

Instead of dining to fine and fast food restaurants, why not try to go to the supermarket and buy some stuff that you can use to prepare for your food for days. Some can goods and noodles will be useful for the times of need. For your dinner and breakfast, you can cook some organic stuff from the market. It could save you a lot of bucks that you can use for other expenses.

Rent a unit with a group

Renting a unit in group is the best idea if you want to stay in a condo in Makati. It will reduce the cost of the rental because other members of the group have to contribute also. If you have some friends or relatives that also work in the city, then, this is the best options you’ve got. Aside from that, you also got a chance to

Go home on weekends to do the laundry

The majority of the condos does not have a free laundry area, that is why most of the residence goes to laundry shops to wash their clothes. But that could be expensive! Another great saving tips will be to prepare a week long set of your clothes or uniform, and then wash them during weekends when you go home to your province/city.

Save as much as possible

Spend less and save more! That will be the final tip for this post. Although the cost of living in the city is very high, try to save as much as possible. Always ask yourself if the things you will buy is badly needed or just a craving. Keep a record of your expenses and saving to track your finances.

These five simple tips can make a great impact on your life, especially in your savings. You should always remember to save and spent your money wisely.

A guest post from Michael.