7 Tips to Save Money in NYC

You guys have all heard it… New York City is one of the most expensive cities in the world. On top of paying your 1.5k rent, you’re also trying to put food on your table, keep up with the latest fashion trends, stay social & more. You can easily spend 1k a week without even trying, or well at least… I have, in the past. So how do I save money while trying to live my best life? Here are my top 7 tips.

Grocery Shop.. in Chinatown

Dining out is what will break your bank. I guarantee it. Taxes of 8% and tips of 15-20% can almost up your meal price by a double. Grocery shopping is the best & most efficient way to save money in the city, but you have to be smart about where you go grocery shopping. While Trader Joe’s is great, I prefer to go to Hong Kong Supermarket, on 157 Hester St. At Hong Kong Supermarket, I spend no more than $40 each week. They also have a larger variety of produce (especially Chinese veggies), which I love. The average at Trader Joe’s or any other grocery store on the Upper West Side is $90 a week. That’s already $50 you’re saving.

Shopaholics Unite

If you’re like me & can’t live without making a weekly purchase of some sort, let me tell you a secret. T.J. Maxx is every shopaholic’s dream. They sell a lot of branded products at a very cheap price. I would try your luck at Buffalo Exchange or Goodwill as well. IF you decide to go Online Shopping because your favourite brand is having a huge sale, remember to activate any CashBack apps such as Ebates!

Love watching movies?

Do you love catching up with the latest Marvel movie? It gets more difficult by the day to stream things smoothly online, doesn’t it? Let me introduce you to the AMC Stubs List. Join today & you can watch 12 movies at the price of 1 pretty much. It’s around $23 a month & you get to watch 3 movies a week.

Theatre Bunny

Similarly, if you like watching theatre, tickets can be as expensive as $200. Wowza. I definitely can’t afford that. So what can you do? Go take a look at the website Broadway For Broke People. It breaks down each show individually & tells you what their ‘rush’ policies are. Rush tickets are basically cheap tickets you can get on the day of the performance. Sometimes it requires you to wake up at an ungodly hour, but that’s up to you to decide whether it’s worth it or not. You can also try lining up at TKTS at Times Square 45 minutes before the booth opens. They have great seats for half the price of normal tickets.

Staying Healthy

Staying healthy is crucial to staying sane in the city. Seasonal depression is not a joke in NYC. If you’re a runner, you can stay active by going to Central Park and making your laps there. Why the heck not? It’s free! If you’re not a runner, have you heard of ClassPass? ClassPass provides access to hundreds of fitness studios at a flat-rate monthly subscription. You can take Yoga classes, Cycling classes, Gym Time (access to Gyms), Zumba classes & many more. Depending on how many credits you want (since it’s a credit based system), it starts at $15 a month. If you don’t like it, you can cancel it any time. I love it because of the variety of classes it offers. Steps on Broadway is even on there, for all my dancer friends! So instead of paying $20 a class, you can pay 3 to 6 credits per class. Be on a lookout for pop up classes at Bryant Park hosted by Yoga studios as well.

Dates don’t have to be expensive

Are you trying to plan a date for your special someone? Dates do not have to be expensive (in my opinion), but yet again, I’m easily impressed. Go follow Fomo Feed or NY Bucketlisters on Instagram & they provide so many free things to do in the city. Not everything is free, but the ones that aren’t, such as restaurant recommendations, are affordable for sure while still giving you the top-notch & romantic ambience you want.

Have a coffee or tea

When my friends text me to hang out for lunch, I often try to make it a coffee date instead. I sometimes even invite friends over to my apartment because I have a plethora of teas. While having one lunch date won’t have a terrible impact on your bank account, having a lunch date everyday of the week will. Coffee is a great compromise. There are tons of cute coffee shops in the city where you can sit for hours engaging in intelligent conversations, being goofy with your friend all while spending $5 or so. To me, it’s not what you’re doing that matters, it’s who you’re with.

Saving money only works if you are aware of it. Try and refrain from being impulsive. Live freely but live consciously. If you have any other tips on how to save money while living in NYC, let me know!

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1 Comment

  1. Mike McSherry
    May 21, 2019 / 10:43 am

    We always use the free days for museums or pay what you wish

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