How to save money in Bahrain

I find the best way to save money is not to spend it. Tried and tested formula.

Well, that was good for a laugh!

I would like to pitch in my bit..

Just cutting corners and spending less is not a very effective way to save money for  future. Saving money should be a forced habit. Talk to finance advisors / pension saving scheme managers e.g Takaud..

Make a habit every month to keep a small amount of money (say BD 25 or 30) aside and investing in a recurring deposint in a bank to start with... when the deposit matures, re-invest it.. I mean it all depends on the person as to how much he / she wants to save based on his / her future plans.. Start with  short term goals say 1 year and then increase your the time & saving amount according to your plans..

Highly recommend using YNAB to keep a budget, and keep track of your spending. The first step is just getting an insight into how much you're spending and on what.

Hello Priscilla

For me saving is not a problem as i follow some simple rules. I usually eat at home so i don't spend much on restaurants and that helps reduce a big amount of my expenses. For transportation i guess the best transport system in Bahrain in terms of cost is the bahrain bus system (red buses) as you can go everywhere for 600fils/day only. But i use my own car because i can't afford wasting that much time on public transportation.

to get the best deals i use D4D app which gives you all the latest offers from supermarkets and shops around bahrain. I use another app which is called Wallet to keep track of my income and expenses and have better control on them.

I hope this answers your question.