Methods to Save Money | Environment Friendly Movement Singapore
Budgeting | Singapore
by Priyadarshini 8 December 2021The Green Plan 2030 is a “national sustainability movement” in Singapore that intends to make the country more environmentally friendly. Planting trees, making the public sector greener, increasing rail and bicycle networks, and lowering the amount of garbage transported to disposal are all part of the strategy. In this blog, we tell you five methods to save money while also helping the environment.
Methods to Save Money and Help the Environment
Make an effort to live a more energy-efficient lifestyle
While we sleep, our houses consume energy. By upgrading to more energy-efficient equipment, we can lessen our carbon impact. Last year, the National Environment Agency (NEA) announced a $24.8 million Climate-Friendly Household Package, which provided vouchers to households with one to three rooms in HDB flats. There were $150 coupons for energy-efficient refrigerators, $50 coupons for water-efficient bathroom fixtures, and $25 coupons for LED lighting. Consider converting to energy-efficient and water-saving appliances in the future. They may be slightly more expensive, but they will save you money in the long term by lowering your utility expenses.
Reduce and recycle your garbage
It’s not too late to start sorting your trash if you haven’t already. Recycling bins are located at the base of every HDB and condo building, while landed property residents have their own private bins. The trick is to figure out what belongs inside and what doesn’t. Because putting infected or non-recyclable things in the bin can contaminate the recyclables.
Buy local produce
Food security cannot be taken for granted, which is why the government wants Singapore to generate at least 30% of its nutritional needs by 2030. This will be accomplished through improving agricultural land, educating employees, providing funds, and encouraging R&D.
We can help support this idea as consumers by purchasing locally wherever possible. Fresh produce grown in Singapore now has a red emblem with the slogan “SG Choose Fresh Local Produce,” with vegetables, eggs, and fish among the options.
Walk, ride a bike, or take public transportation
Using public transportation, walking, or cycling instead of driving or getting into a Grab vehicle helps to cut carbon emissions and improve air quality.
With the inauguration of new stations and the building of new lines like the Thomson-East Coast Line, Jurong Region Line, and Cross Island Lines, the MRT network will extend from 230km to 360km by the early 2030s.
Buy an electric vehicle
Do you require your own set of wheels? When the COE on your existing vehicle expires, consider switching to an electric vehicle. Electric vehicles are more costly, but they save you money on gas and maintenance. By 2030, the government plans to increase the number of electric car charging stations. As well as establish a number of programs and discounts to help electric vehicles become more affordable.
With these environment friendly methods to save money in Singapore, you can cut down your expenses and care for the eco-system as well.
Home Loan | Education Loan | Personal Loan | Car Loan | Travel Insurance | Lifestyle | Real Estate | Career