As millennials are still in the early stages of their career, their income and savings are not yet developed. Coupled with being the most tech-savvy generation ever, millennials have developed a few money-saving tricks with a twist. Here are four tricks we can all learn.
Find Deals on Apps
Millennials are quick to nab good deals using apps which offer promo deals and discounts. For example, Fave has deals on everything from food vouchers to hair care. Carousell allows millennials to shop for cheap second-hand items, as well as sell their own unwanted items. Eatigo is another app which will let you search for restaurants that offer discounts.
In addition, social media-savvy millennials can use platforms like Facebook and Instagram to scout out the latest deals and promotions offered by companies on their social media page.
Be Transportation Savvy
Ride-sharing options like Grab are cheaper and more convenient than taxis—and you can earn GrabRewards points to boot. You can redeem your GrabRewards points for free rides, GrabFood, movie tickets, ice-cream, discount vouchers and more. The catalogue is often updated so there’s always new items you can redeem. Using Grab to ride to and from LRT/MRT stations can also be more cost-effective than owning a car, depending on where you live.
Bike sharing is also an up-and-coming trend in Malaysia. Apps like oBike allow you to rent a bike using an app to unlock it. These yellow bikes are now a common sight in the Klang Valley, and is even cheaper than Grab.