Starting your career as a Cabin Crew is not easy, mentally or financially. So, it’s important to know how to save or minimize your unnecessary expenses.
Here, we have prepared a list of budgeting tips for you!
NEVER EVER EXCHANGE MONEY IN BANK
The bank is not the best place to exchange your money. Look for the money exchange that offers the best rate and wide range of currency in your own country, and make sure you exchange your money before your trip (If you know which country that you’re going to). Also, don’t even think of exchanging money at the airport – it may cost you 20% higher than if you were to exchange outside the airport!
TRY TO PREP YOUR OWN MEALS
Sometimes, you shouldn’t eat at a restaurant even if there is a discount for you. Try preparing your meals every time before your trips. Avoiding to eat expensive airport food every meal could save you a ton of money! However, if you have to eat at the airport, go to the restaurant that gives you the most discount!
SMART GROOMING CHOICES
Having to look good for your job and putting makeup on everyday doesn’t mean that you need to spend thousands of dollars to buy your makeup and tools. In order to save, you’ll need to be thoughtful. Invest in a good foundation and moisturiser, which are the most important things. Then, try to compromise a little on other things like blushes, eyeliners and eyebrow pencils. You don’t need to purchase these from luxury stores, get them from other places like online or a drugstore and this could save you up to 80% of the cost while giving you the same quality of products.
MINIMIZE FOOD WASTE IN YOUR HOUSEHOLD
It is extremely important to minimize food waste and it will help you save money too! Sometimes you might be spending too much money on buying fruits and vegetables that would not last long (especially taking into consideration that you are overseas frequently), and end up having to throw them away without finishing it. It’s good to think short term, monitor your consumption and buy only what you can finish.
MAKE YOUR COFFEE AT HOME
Most people love to have a good cup of coffee in the morning before the flight, or during layovers at the airport. Let’s do a simple calculation, every cup of coffee costs about $3 – $6 and if you buy three cups of coffee weekly, that will cost you about $50 every month! You could save this amount of money just by making or your coffee at home, or even at the hotel.
DON’T SHOP IMPULSIVELY
Though being a cabin crew means you get to go to many different places and might have access to different brands and products you can’t find in your home country, don’t go overboard! It is true that you get to travel to many different countries and get discounts from merchants especially those at the airport. You will not need to have 10 handbags and 20 pairs of high heels in your cabinet. Hence, don’t shop on impulse just because there are sales or discounts for you!
UTILIZE CREW DISCOUNTS WISELY
However, since you get to enjoy this privilege for being a cabin crew, why not? There is nothing wrong with taking advantage of the discounts you get once in while. Go to the restaurant that gives you 20% off, stay at the hotel that gives you 30% off or even rent a car from the car rental agency that gives you 50% off! Just don’t go too crazy and only spend when necessary. Some companies are even giving FREE stuff to cabin crew – Flexiroam is currently giving away Microchip with FREE 1GB Global Internet to all aircrew members. Flexiroam is trusted by SIASU (Singapore Airlines Staff Union) and there are over 2,000 aircrew who use it daily.
Redeem yours at: https://sites.flexiroam.com/aircrew
TRANSFER MONEY INTO YOUR SAVINGS ACCOUNT
When you receive your salary, the first thing you should do is to transfer a fixed amount of money to your savings account. You will not need to save a large amount of money from your salary, a small savings of $100 or $200 every month is sufficient and will increase slowly but surely. Never use your savings unless it is an emergency. Make it a habit and you’ll be surprised when you look at the amount of your savings after a year or two!
By practicing all the habits above, we strongly believe that you’ll be able to save lots of money and you will be able to survive easily! Although some of the tips may not be easy to follow but by trying your best and finding a balance, everything will go well!
Don’t forget to share this article with your colleagues if you care about their finances!
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