7 Tips To Save Money On Your Water Bill

We have gathered 7 simple tips for you to save on your monthly water bills. Explore the ways in which you can cut your monthly expenses whilst contributing to conservation efforts! Save Water Campaign Poster

Read These 7 Flipit Money Saving Tips

1. Check your plumbing for hidden leaks

In order to prevent unnecessary waste, look for household leaks and repair them immediately. An average household wastes up to 30,000 liters of water every year due to household leaks.

2. Consider switching to a Low-Flow Shower Head

Water-saving showerheads can slash water consumption 50 to 70%. Given that an average shower uses as much as 80 liters of water, low-flow showerheads can save you 40 to 56 liters each shower. This can result in an annual saving of 17,520 litters.

3. Shorten your shower time

Showering is one of the leading ways we use water in the home. You can easily limit your water usage if you shorten your showering time. With a low-flow showerhead you’ll use around 9-10 liters every minute. Keep your showers under 5 minutes, and always remember to turn off the tap while applying soap, washing your hair, or shaving your legs.

4. Turn the water off while shaving or brushing

When you brush your teeth, turn the tap off. A running tap wastes over 6 litres per minute! images

5. Half flush for liquid waste / Consider changing your toilet flapper every year

About 10% of household water is used in toilets. There is a significant difference in water consumption between full flush and half flush. The former one uses around 10 litres each time, while the latter accounts only for 4 liters. In order to curb water consumption even further, consider changing your toilet flapper every year. Toilet flappers tend to break down rather quickly, and it is recommended to replace them once a year.

6. Wash your clothes only on a full load

Always wait for a full load of laundry before you start your washing machine. A full load will always use less water and energy than multiple, smaller loads. Moreover, choosing a water-efficient washing machine can help you save up to 40 liters a wash. If you aren’t able to acquire a more efficient washing machine, familiarise yourself with your existing washing machine’s cycle options. Some cycles use less water and elecricity.

7. Wash veggies & fruits in a container filled with water

Instead of washing your fruits and veggies under a running tap, put them into a container or a bowl and wash them there. Want to save even more? Use your water leftovers to water your houseplants.

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Remko Schelfhout – 06 May 2014

Singapore on a budget!

By Flipit.com

– 08 May 2014

Singapore is now the most expensive city in the world. Here are some useful tips on how to cut costs.

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According to a 2013 study done by the Economist Intelligence Unit, Singapore is now the most expensive city in the world. How can you possibly save some money in these circumstances? Here is a collection of specially curated tips on easy way to cut costs & budget properly.


1. Share a ride or take public transport

Buying a car in Singapore is more expensive than anywhere else in the world. If you can even manage to buy a car at a decent price, petrol prices are steep and can eat away at your monthly budget.  Looking for a solution? If you’re only in need of a car for a couple of hours at a time, car-sharing schemes—such as iCarsclub or Suntec City—are a logical alternative. These schemes are membership-based, trusted communities for peer-to-peer car sharing, where you can book online or with your smartphone.  Hourly fees generally range between $7 and $10.  Another way to get around is car-pooling.  It is very common among friends and colleagues in Singapore and can be particularly useful for getting to work—you can enjoy a comfortable ride while being in good company.

If you would rather avoid using cars altogether, the public transit system in Singapore will not disappoint and it is cheaper than many world-renound metropolitan regions.  With an intricate multi-modal system of mass rapid transit (MRT), light rail transit, monorail, and buses, you will be able to get virtually anywhere in the city quickly and relatively cheaply (for more info on rates & routes check out http://www.smrt.com.sg/).  You can purchase a smart card called the EZ-Link that can be used for bus and MRT fares. It can be topped up to $500.

Taxis are readily available throughout the city but worth avoiding—they are extremely expensive and quite useless for getting around during rush hour!

 


2. Shop online

The best way to find the best deals is to shop for your clothes and other items online! Online shopping is steadily growing in popularity around the world.  You can now find practically anything online, and many e-shops offer extra discounts and special private sales online.  You can use discount codes available at Flipit.com, which are valid for many different e-shops in Singapore and worldwide. You may also want to try social group vouchers such as Groupon, which will allow you to buy coupons to use in restaurants, wellness centers and much more. 


3. Shop the local way: wet markets / hawker centre

You can do your weekly grocery shopping at the “wet markets”, which are essentially huge markets that offer fresh fruit, vegetables, flowers, meat, seafood, and spices at prices much lower than the supermarkets.  These markets—whose floors become wet from the melting ice— are scattered throughout the city.  They are generally very crowded and perhaps smellier than what you might be used to, but the experience is worth it for the cheap, fresh, and local produce.  You can try to haggle with the merchants, but it may not be received very well, as the goods sold in the markets are already priced quite low.


4. Avoid restaurants

Dining in “hawker centres” is a great way to dine out while avoiding the high costs of eating in a restaurant.  These cooked-food centres are massive open-air complexes with a plethora of stalls, offering you a wide range of local and exotic dishes.  If you’re looking to have a meal with a drink and a dessert, you’ll pay on average around $6. The vendors are strictly monitored by the government for health and hygiene, meaning that it’s very unlikely to get sick from any of the food prepared for you.
Food courts can also be a sound alternative to hawker centres.  They are located at almost every shopping centre (with air-conditioning!), but are generally more expensive than hawkers.  They serve local food as well as international (or European) food. We recommend Golden Mile Complex which is in Singapore’s Little Thailand, a spot where you can find all things Thai.

Kopi tiams (literally: coffee shop”) are worth checking out for simpler, cheap meals.  Menus usually include eggs, toast, kaya (coconut jam popular in Southeast Asia), coffee, tea and Milo (a very popular malted chocolate drink worth trying).

In general, you can’t really go wrong with food in Singapore–it is incredibly diverse, cheap and easy.


5. Freebies

Singapore offers many free products and initiatives. Several websites have free samples or products of different kinds. You can try Samplestore.com for many free samples of products, or Sglobangs.com and Singapore.locanto.sg, which are used by members to get rid of unwanted stuff, often for free.

It is also possible to enjoy a nice night at the museum or an exhibition for free. In fact, many galleries offer special nights and events that do not require an entrance fee. To eat out (almost) for free, you can check out Madeinsingaporelah.com which offers vouchers to buy food for free or at incredibly discounted rates.


Even though Singapore is one of the most expensive cities to live in, having a few tricks up your sleeve will make it all seem a bit more manageable.

Money-Saving Tactics That Could Cost You

By Ryan Ong
Saving money can do things to your brain. And no, I’m not kidding: There’s a reason for the whole psychology of misers, which we’ve known for at least a century. See, your brain is wired to think anything worth doing is worth overdoing. It’s like drugs, dieting (i.e. anorexia), and petty budgeting. On occasion, I see penny pinching tactics which, despite making sense on the surface, end up wasting thousands of dollars. Here are five of the most common in Singapore:

1.Saving Without Investing
Both I and Mr. Tan Kin Lian have mentioned emergency funds. That is, six months worth of savings in a bank account. As it turns out, Singaporeans are pretty enthusiastic about this; like Sub-Saharan scavengers, we’ll build a reserve and never touch it. Not even if it comes to boiling our own toenails for supper. 

The problem is, we don’t know when to stop. Plenty of Singaporeans cross the six month mark, and then decide “forget investments, I might lose money. Better keep dumping all the cash into the emergency fund, forever.” Gradually, the “six month” fund transforms into a sub-par retirement plan. Then low interest and high inflation kick in, and the fund’s value starts diminishing at a monstrous rate. When retirement does come around, we’re left wondering where all the money went.

Saving without investing is losing money. There is no way $2000 now will be worth $2000 in ten years.Every year you leave money in a savings or current account, inflation chews up a percentage of your total wealth. So stop once your emergency fund is built, and start investing instead.

2. Going to the Dentist Only When Desperate
Despite the Health Promotion Board’s (HPB) recommendations, most Singaporeans insist dentists are for emergencies only. We’ll drop by when we have a toothache, but beyond that, bleeding isn’t high on our list of hobbies. Nor is having to pay $60 – $120 to hear we should brush more often.

Too bad plaque and cavities accumulate with time…so that when we do rush to the dentist, they find damage that’s less reversible than Bush’s election. Did you know an operation like a root canal, which may come from, oh, not regularly seeing the dentist, can hit the $10,000 mark?

And I haven’t even started on the cost of extractions, implants, or hundreds of expensive procedures; all of which can be avoided with two to three visits a year.

3. Buying the Cheapest Insurance Plan Possible
For most Singaporeans, insurance is something we’re forced to buy. Like car insurance, home insurance, etc. The only thing we look at are the premiums. Actually asking for more coverage is alien to us; like volunteering to extend our NS, or requesting extra fines from a traffic cop.

Then when the car gets trashed, or a stove sets the kitchen on fire, the SCDF gets called in twice. Once for the accident, and the second time for when we see the repair bill and pop an artery. Fact is, increased coverage may just add $50 – $100 to insurance premiums. And if you know there’s a real risk, that extra amount is probably worth it.
Are you really so poor that another $50 – $100 would deprive you of three full meals? If not, buy the increased coverage. Or you just might find yourself in that situation.

4. Unnecessary Bulk Buying
Singaporeans are big on packaged deals. We can’t grasp the concept of buying just what we need. Even if a Singaporean is living alone and suffering from Asia’s worst case of constipation, he’d still buy a 12 toilet roll pack instead of a six. Because hey, it saves money! It’s a $2 discount! And we’ll apply the same principle to canned food, bags of peanuts, hair bands, etc. Then when our houses are filled to bursting, usually with expendable items that won’t keep, we start buying storage.

Maybe if we didn’t buy so much unnecessary junk in the first place, we wouldn’t need 10 extra cupboards and enough Tupperware to store Somalia’s food supply. And when we hit the absolute spatial limit that physics allows, we start the wasteful process of dumping everything. We may as well skip a step and feed dollars into a shredder.

5. Pushing the Car to Its Absolute Limit
Hey, what’s that funny grinding noise from the car? Ah, never mind, as long as it moves. Because taking it to the mechanic always costs money right? Or the mechanic will tell us about non-existent issues; like the giant crack in an axle, or a broken fan belt, or the possibility that we’re driving a soon-to-be fireball on the express way. If you recognise the attitude, then you’re the average Singaporean driver. Most of us would rather live with sticky gears or clanking noises than pay for servicing. In fact, some Singaporeans even avoid free servicing with their car dealer; because not having a car might mean cab fares.

The problem is, cars aren’t organic. Their little stress fractures, unlike flesh and bone, don’t magically knit back. They just get worse. And if we keep pushing, problems start to multiply like bacteria in an NS Man’s socks. In a matter of months, something like a bad fuel injector could end up wrecking the entire engine…and then we’d go from saving $1,000 to blowing $30,000.

Ultimately, wanting to save isn’t a bad attitude. But it has to be done with some foresight: Don’t just look at how much is going into your wallet; think about potential costs, and weigh them against your immediate gains.

From moneysmart.sg