Save Money This Chinese New Year—Without Losing Your Noodles of Life
Hey, friends! New Year’s money‑munching is coming up, and you might be unknowingly spending a small fortune on gifts and feasts every time your family gathers. According to a 2017 UOB survey, the average Singaporean splurges about $2,503 on food and family celebrations. That’s a lot of dragon‑tapping cash! So, before you pile on the budget, I’ve come up with a few cheeky, money‑saving hacks.
1. Skip the Showy Red Envelopes
Remember when you were a kid and the glittery, personalized ang baos stole the show? We’re sorry to disappoint, but those flashy red packets are not worth it. Instead, grab the bank‑issued ones that come in bulk with fresh notes. They’re generic, easy to lose in the sea of envelopes, and you won’t have to remember who gave them.
If you’re low on new ang baos, recycle the old ones. Just make sure no one’s name is on them—after all, nobody wants to turn a recycle bin into a “family heirloom” disaster.
2. Re‑wear Old Clothes With a Dash of Drama
New Year’s outfits are nice ideas, but who needs a completely new wardrobe for the festivities? I recently threw in a romper (load of $42.50), heels ($30), and a tiny handbag ($11) to get $83.50 of fresh attire. But rushing through your closet, you’ll find clothes that mysteriously haven’t sailed past the “five‑wear” mark. Flip that out!
When questioned, swaddle it up with the “I’m saving for an extra ang bao” fiction—no one will see the difference.
3. Timing is Everything (and the Kitchen)
Restaurants are luxuriously off the menu on day one of CNY, and even the ones that stay open can be pricey. Scout the dinner or lunch hour, step in a bit early, and say, “Can I join you?” You’ll score the meal—and maybe get a dish you won’t miss.
4. Switch Ugly Oranges for Fancy Ones (and Save Cash)
Ah, the orange saga! In a recent lunch chat, a colleague mentioned Lukan and Ponkan mandarins are the sweet and juicy stars. Meanwhile, I’ve been buying the rougher, cheaper Swatow. The math says: 68 pieces of Swatows for $36.80 (~$1.02 each) vs. 32 Ponkans for $32.88 (~$2.05 each). If your bankroll’s thin, trade those ruffish oranges for the smooth‑skinned beauties at each family stop—it’s a free‑cost upgrade.
5. Let Your Kid/Grandkid Woo the Grandparents
Parents, let your little giggle‑machine tag along at every gathering. It’s a win‑win: you avoid the “when are you going to have a kid?” question, and your darling gets all the warm affection. No need to feel guilty about “farming” your child—just bring the joy.
Got more cheeky, cheap‑counsel hacks to survive CNY? Drop me a line or share them with the world. Happy saving, and may your pocket be as full as your heart!
