Life in Dubai is exhilarating and exciting. But, it’s expensive at the same time. Due to the rising inflation, living cost in the emirate, like the rest of the world, has surged up, leaving many people struggling to add money to their savings.
This rising cost has particularly posed problems for those living in apartments for rent in Dubai since a major chunk of their income is allocated to paying the rent every month. If you’re also struggling due to the rising living cost, this article will help you breathe a sigh of relief.
Here are four tried and tested tips that can help you cut down your living cost while living in Dubai:
3 Practical Tips to Reduce Living Costs That Work
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Use Utilities Carefully
Apart from the rent, it’s the utility cost that eats up a significant part of our monthly budget. Since the weather in Dubai remains hot for most of the year, it’s tough to survive without an air conditioner running 24×7. This can flare up your electricity cost to a great extent.
Having said that, there are certain practices you can adopt to keep it in check. These include:
- Try and reduce the usage of electric appliances during peak hours, which are between 12 noon to 06:00 pm. It is, of course, not possible to completely shut down such appliances, but you can plan your day in a way that there’s less consumption during these hours. For instance, you can iron clothes later in the day instead of in the afternoon.
- Opt for LEDs instead of lightbulbs. They are more energy-efficient and durable.
- Set the AC temperature at 24 or above. Remember that the electricity cost increases when it is set lower. So, use it wisely. It’s better to turn the auto mode on as it is designed to conserve energy.
- Do not appliances on standby mode for an extended period. Not many know but they consume energy even if they are in standby mode. So, make a habit of turning them off when not in use.
- Ensure your home is properly insulated. Windows and doors, in particular, should be insulated otherwise your air conditioner wouldn’t work optimally, leading to high energy costs.
Shop Smartly
We all tend to get fascinated by the word “sale”, but this is where you have to depict your patience and tact.
Simply, keep in mind that not everything that’s on sale is affordable to you. Also, if you don’t absolutely need it now, don’t buy it. Lastly, the best piece of advice would be to make a to-do list when going out shopping or grocery. This will help to keep your budget in check.
Use Public Transport
If you live around a Metro station, you will be doing yourself, and the world, a favor by ditching your personal vehicle and using this mode of transport.
Firstly, it will cut down your living expenses significantly as you won’t have to bear refueling or car maintenance costs every now and then. Besides that, it will help to reduce carbon footprints, making this world a better place for everyone.
If you live in an area that doesn’t has its own metro station, look for carpooling options. You may find someone who goes to the same area as you for work. Collaborating with them will help to save money for both of you. A win-win situation for all!
Move to a Smaller Living Space
If nothing else works for you, the only practical option left for you is to move to a smaller living space or an area where the rent is lower.
Of course, it’s easier said than done, but when taking perks (higher savings) into account, it’s worth it. So, if you believe you believe your living space is too big for you, it’s better to move to a smaller apartment for the time being. There will be moving costs and other one-time charges involved, but in the long run, this process will prove to be beneficial for you.
Wrapping Up
To sum it up, we know times are tough but adopting practices such as these can help make a major difference. So, in the end, it’s all about being tactful and smart. For more Information visit us.
