4 ways to save money in Ulaanbaatar
You make a personal budget, keep records and try to build savings, yet before you know it you've made a big unplanned purchase? You try to put aside even a little of your salary each month, but prices keep rising and you can't save regularly, and on top of that you don't want to touch the money in your savings account. And there's still a week to get through before the next payday. Here are 4 tips that come in handy at exactly that moment. How do you save money in Ulaanbaatar?
1. Let's all ride the buuus.
Public transport in Ulaanbaatar runs on more than 130 routes. It isn't as comfortable as abroad, but it's cheap, and with the Ulaanbaatar bus app, which works on any smartphone, you can now track where your bus is.
2. Let's check the statistics.
The http://ubstat.mn/ website posts weekly price comparisons for goods sold in the capital. There you can compare prices at the major markets and stores. Deciding where to buy your groceries becomes easy.
3. Don't stay hungry
If you get hungry while you're out or during your lunch break, you'll end up buying food somewhere. Bringing food you made at home is healthier and cheaper.
4. Opportunity cost
Now and then, when you feel like meeting your friends for a good long talk, will you go out somewhere, or will you spend an evening watching a movie at a friend's place, picking up drinks from the store and cooking for yourselves?
Finally, stick firmly to your decision to save. Put money aside as soon as you get it, then spend what's left. If you've spent more than you budgeted, "tighten your belt" for a few days :)
