August 19, 2022

How To Save Money While Living In A PG In 2022?

Desperate for some money-saving tips? Maybe because you can’t get those cool sneakers out of your mind? Or maybe because your weekly quota of chill is toppling your weekly budget? Well, whatever the reason might be, we’re here to help you out. By sharing a few solid ways to save money while living in a PG.

Coz hey, we’ve been in your shoes before. We, too, have drooled over a good pair of sneakers or over a solid set of headphones. And on top of that, after spending time with 70,000+ of your peers in our 450+ Stanza Living residences across 24 cities, we know exactly what young folks like you gotta deal with every day. So nope, we’re not gonna let your wallet look the other way when you want to spend on stuff at month-end. And sure, these money-saving tips won’t turn you into Warren Buffet, but they’ll at least help you stay less broke-ish while moving through your college life.

Best Ways I Can Save More While Living in a PG

Top 4 Tips to save money while living in a PG:

Looking for a place that offers you top value for money? Just check out our Stanza Living residences.

Track Expenses Using Money Saving Apps

This one’s so obvious that you’d probably want to slap us. But the best way to save money is by tracking your expenses on money-saving apps. And that alone will solve more than half of your problems. First, it’ll help you identify the areas where you’re spending more than you should. Second, it’ll stop you from spending impulsively. And lastly, budgeting will also help you put aside a certain amount as savings out of your total salary or allowance. Yep, that’s what it has come to. Using apps to babysit on other apps like Gpay.

Cut Down On Food Bills

If you didn’t know already, food bills are one of the biggest cash-burners when you’re living away from home. It’s why you should always go for a PG that serves good quality food. Otherwise, the poorer the food quality, the more you’d want to order in or eat out. Plus, apart from daily meals, try saving up on your in-between meals too. For example, using the common microwave in your PG or an electric kettle, you can make your own mini meals. Instead of spending on an overpriced plate of honey chili potato.

Find A Commuting Partner

After food, comes your transport expenses. So even if your college or workplace is close to your PG, there’d be a cost associated with it. Plus, you’d be commuting to other parts of the city too, right? Yep. For that, try finding a commuting partner that’s either going to the same place as you. Or at least someone who shares a common route where either one of you can drop the other on the way. So there’s that.

Look For Free Entertainment

We know you like to have fun. And so do we, and probably everyone in your friend circle. But if you want to save up some extra cash, try looking for free entertainment. You know, instead of spending tons on movie theaters or other ticketed things like go-karting. Anyway, there are plenty of free open mics and improv theater shows happening around all the time. Trust us, watching Ajay Devgan treat a gun like a YoYo is fun, but a super good theatre sketch might be more entertaining. Try it.

FAQs on Tips to Save Money While Living in a PG

Which are the Ways to Save Money While Living in a PG?

Here are the ways to save money while living in a PG:

  • Track expenses using money-saving apps
  • Cut down on food bills
  • Find a commuting partner
  • Look for free entertainment

What Are Some Ways to Save Money with a Roommate Together?

No worries. If you and your roomie are on the same page, you can save plenty using the following ways:

  • Shop for the whole month
  • Order Less, Cook more
  • Plan your commutes together
  • Share stuff with each other
  • Keep a coin jar at home

How do I find the Best PG Near Me?

If Googling ‘best hostel near me’ doesn’t fetch you any helpful rental listings, you can try these ways:

  • Look towards co-living spaces
  • Ask friends and spread the word around on social media
  • Hire a broker

What Makes a Locality Good for Living in a PG?

First things first, the locality should be close to your college or workplace. Plus, there should ideally be grocery markets, pharmacies, and plenty of greenery near PG hostels too.

What Lessons Does One Learn While Living with Roommates?

Well, these are the lessons you can learn while living with roommates:

  • Adjusting
  • Responsibility
  • Communication
  • Money management
  • Sharing is caring
  • Alone time is important
  • Setting boundaries
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