Living and working in a foreign country can be an exciting adventure, but it can also be a financial challenge. For international teachers in Malaysia, balancing the cost of living with the desire to explore this vibrant country can be a tricky task. But fear not, we have compiled a list of ten money-saving tips to help you make the most of your Malaysian adventure without breaking the bank.
1. Embrace Local Cuisine
One of the best ways to save money in Malaysia is to embrace the local cuisine. Not only is it delicious, but it’s also significantly cheaper than Western food. Street food, in particular, is a great way to eat on a budget.
For instance, a plate of Nasi Lemak, Malaysia’s national dish, can cost as little as RM3 (less than a dollar), while a meal at a Western-style restaurant can easily set you back RM20 or more. That’s a significant saving over the course of a month or a year.
Plus, eating local food is a fantastic way to immerse yourself in Malaysian culture and try new flavours. So, it’s a win-win situation!
2. Use Public Transport
Malaysia’s public transport system is extensive, reliable, and affordable. Buses, trains, and the Light Rail Transit (LRT) can take you almost anywhere you need to go in major cities like Kuala Lumpur and Penang.
Compared to the cost of owning and maintaining a car, using public transport can save you a significant amount of money. Plus, you won’t have to worry about navigating Malaysia’s busy roads or finding a parking space.
For even greater savings, consider getting a Touch ‘n Go card. This prepaid card can be used on all forms of public transport and offers discounted fares.
3. Shop at Local Markets
Malaysia is famous for its bustling local markets, where you can find everything from fresh produce to clothing at bargain prices. Shopping at these markets can be a great way to save money, especially if you’re willing to haggle a little.
For example, a kilogram of apples can cost around RM8 at a supermarket but can be found for as little as RM5 at a local market. Over time, these savings can really add up.
Plus, shopping at local markets is a fun and authentic Malaysian experience. You never know what treasures you might find!
4. Limit Your Air Conditioning Use
Malaysia’s tropical climate can be a shock to the system for those used to cooler temperatures. It can be tempting to crank up the air conditioning, but this can lead to sky-high electricity bills.
Instead, try to acclimatise to the heat as much as possible. Use fans, drink plenty of water, and take advantage of the cooler early morning and evening temperatures. When you do use air conditioning, set it to a moderate temperature rather than blasting it on full.
Not only will this save you money, but it’s also better for the environment.
5. Take Advantage of Free Activities
There are plenty of free activities to enjoy in Malaysia, from exploring lush rainforests and stunning beaches to visiting historical sites and museums. Taking advantage of these free activities can save you a significant amount of money.
For example, the beautiful Perdana Botanical Gardens in Kuala Lumpur is completely free to enter, as is the fascinating Penang State Museum. Even some of Malaysia’s most famous landmarks, like the Petronas Twin Towers, are free to admire from the outside.
So, before you shell out for expensive attractions, check out what free activities are available. You might be surprised at what you can find!
6. Use Local SIM Cards
International roaming charges can be a major drain on your finances. To avoid these, consider getting a local SIM card. Malaysia’s mobile networks offer affordable data packages, and having a local number can also make life easier when it comes to things like booking taxis or ordering food.
There are several providers to choose from, including Maxis, Celcom, and Digi, all of which offer competitive rates. Just make sure your phone is unlocked before you arrive in Malaysia.
Not only will this save you money, but it will also give you the freedom to stay connected wherever you go.
7. Share Accommodation
Rent can be one of the biggest expenses for international teachers in Malaysia. One way to reduce this cost is to share accommodation with other teachers or expats.
Not only can this cut your rent in half (or more), but it can also save you money on utilities and internet. Plus, it can be a great way to make new friends and combat any feelings of homesickness.
There are plenty of websites and Facebook groups where you can find potential roommates. Just make sure to meet in person and check out the accommodation before committing to anything.
8. Buy Second-Hand
Whether you need furniture for your new apartment or a bicycle to get around town, buying second-hand can save you a lot of money. There are plenty of online marketplaces where you can find used items at a fraction of the cost of new ones.
For example, a new bicycle can cost anywhere from RM500 to RM1,000, while a used one can be found for as little as RM100. That’s a significant saving!
Plus, buying second-hand is a more sustainable choice, so it’s good for your wallet and the planet.
9. Avoid Tourist Traps
As an international teacher in Malaysia, you’ll no doubt want to explore the country’s many attractions. However, it’s important to be aware of tourist traps, where prices are often inflated.
Instead, seek out the places that locals love. Not only will this save you money, but it will also give you a more authentic experience of Malaysia.
Ask your colleagues or neighbours for recommendations, or do some research online. There are plenty of blogs and forums where expats share their favourite off-the-beaten-path spots.
10. Plan Your Budget
Last but not least, planning your budget is crucial when it comes to saving money. Knowing where your money is going can help you identify areas where you can cut back.
Try to keep track of all your expenses, from rent and bills to groceries and entertainment. There are plenty of apps that can help with this, or you can use a good old-fashioned spreadsheet.
Once you have a clear picture of your spending, you can set realistic savings goals and make a plan to achieve them. Remember, every little bit helps!
Living and working in Malaysia as an international teacher can be a rewarding and enriching experience. With these money-saving tips, you can make the most of your time in this beautiful country without worrying about your finances. So, get out there and enjoy all that Malaysia has to offer!
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