Money Management on PG

Unless your study, money, food and time management is correct, your success ratio will be unstable.

It’s time to move to a bigger city, shift to another area for further studies, or get a job.

You surely will be looking for a PG accommodation, but as a fresher or a student, you will have limited money you spend.

That’s exactly where you need to look for a budget-PG. If you are also in the same situation, this guide is for you. We will see some tips for money management on PG. This works for all the PGs in all the areas, whether you are looking for a budget PG in Delhi or another area, this is for you.

(a) Share with a Roommate

The best way money management on PG accommodation is to share a room with a roommate.

Most PG owners have multiple options to book the PG. They allow you to either have a single sharing room or you have multiple sharing rooms.

Usually, people prefer PG with 3 to 5 sharing rooms as they not only cost cheap but it will also help you with mental support.

Having roommates with whom you can hang out, study, or talk about work is much needed when you are living alone. So, we don’t at all recommend going with a single sharing room, even if you have the budget. Instead, you can go with rooms with more people. It’s affordable and will also keep you company.

(b) Negotiate for a Group Deal

If you’re looking for a PG, chances are you already have a few friends who are moving out of the city.

After you complete your graduation, it’s time for most people to go out to a bigger city for a job.

You can always negotiate a group deal. You can ask the PG owner to allocate a PG for 5 people and easily get some huge discounts on it, as they don’t have to find other people for the same.

In this way, you will not only get to stay with the people you know, but you can also get a huge discount on the PG bookings. Also, if one of your friends is in same company as you, you can drive together instead of owning individually, which will again save you some expenses.

(c) Budget-Friendly Area

You should always choose the ones that are within budget.

The area will divide the property price, and the property price will decide whether or not you can afford it. That’s exactly where you need to think about the area. You can save some on PG and commute to your work location instead of finding a PG near your office or college. It’s a more budget-friendly option you can get.

You can also get a property that is not too luxurious, as you will mostly need a cozy room rather than a great property. So, make sure you find the suitable PG with the right mix of budget and luxury. In this way, you can get a more comfortable PG. Let’s talk more about it in the next section.

(d) Avoid Luxury PGs

You should avoid luxury PGs with gym, gaming room, etc., if you are running tight on budget. It’s always recommended to go with the mid-range PGs. Don’t even go with the cheap PG housing. Those will not be comfortable enough for you to rest.

As you are already working, you will need proper rest and sleep after you come back home from work. So, you need to make sure that you’re getting the same in your PG. For that, you need to go with the PG that is comfortable enough.

Look for the basic amenities such as AC and a locked wardrobe. These are the two most important things that you will surely need. Most people think that you won’t necessarily need the AC. However, that’s not the case when you are living in PG. You might need it. So, if your budget permits, go with the mid-range PG.

(e) Making Basic Meals Yourself

PG offers multiple meal options. You can either go with 3 meals, which also includes breakfast, or you can go with lunch/dinner. Alternatively, some PGs also offer just the lunch option, where you only get 1 meal.

Now, meals are important to stay fit and work all day long. So, don’t skip it fully. However, you can surely cancel the breakfast and cook it on your own. Even if you cook the basic meals, you will save a lot.

Most PG students and professionals waste their money on eating outside food. It’s to have some outside food to get the full out of your life. However, if you are already running low on money, you can always cook it on your own or look for an affordable place to eat. Whatever option you choose, make sure you are eating healthy and don’t depend too much on junk food options. You need to stay healthy while you’re out.

Conclusion

To conclude, that’s all about on tips for money management on PG accommodation. There are many other things you can do to save extra money while you are living outside. We will talk about it in one of our other blogs. As of now, you can always go with the PG that saves you some huge expenses, as it plays a significant role in saving money.

Coming to the recommendations, if you are looking for a budget PG in Pitampura, Delhi, you can go with Bharat PG House. It’s the perfect PG for most people who are looking for comfort and budget. You will get a comfortable PG with multiple food and sharing options. Not to mention, the food is hand-made and healthy.