Sep 2020

How to Keep a Check on your Expenses when Living away From Family in a PG in Pune?


Nestled in the middle of the Sahyadri Hills, located just two hours from Mumbai, Pune is a thriving industrial and urban hub. The city has a growing cosmopolitan culture and strong public and private infrastructure making it an attractive destination for students as well as youngsters looking for an exciting new job.

Living alone, away from your family, and managing your bills can be a tough thing to do. There will be expenses incurred on food, accommodation, commuting, shopping, and every other thing that you are interested in. One of the first things you can do is to make a budget for the month and then jot down your expenses on a daily basis. This will help you to keep a track of how much you’ve spent when and where.

These are some tips that will help you in curtailing your expenses while staying in a PG in Pune.

You could choose to share your PG accommodation with another friend. This will cut the cost of paying the rent as it will be shared by both of you. This way you will have a company and save money. Cut down on individual costs by sharing your Netflix or HotStar account. Little savings can go a long way and entertainment is a great way to keep your spirits high, especially when you are away from home. Share your common expenses.

However, looking for a good PG can be a hassle. You can start by looking at professionally managed accommodations like Stanza Living who provide all the comforts of living at home without the headache of looking after the nitty-gritty. They deliver world-class living experience through their high quality, technology-enabled, and service-led housing ecosystem.

One of the biggest advantages in this is that the providers offer is the freedom from paying huge sums of money to the landlord as a security deposit. Here the space providers charge little or no deposit which is a big boon. Besides this, they offer you flexible lease periods that can range from short term to long term.

This kind of PGs or Hostels in Pune comes with a large bouquet of facilities like fully furnished places, taking care of all your daily needs under one roof which includes meals, speedy internet, laundry, housekeeping, and 24x7 security. They also focus on balancing personal zones (rooms and private spaces) with interactive common areas (dining halls, shared kitchens, outdoor spaces, entertainment areas). This creates a healthy mix of privacy and collaboration. The biggest advantage is that you can come in and leave at any time of the day. You will also get a lot of opportunities to socialize and have regular interactions with others.

As difficult as it may seem to mind your expenses during the weekends will do you a world of good. Planned outings will help you budget better. One of the biggest expenditures you may incur will be in eating out during the weekend. While eating out is fun, the cost of food at restaurants is phenomenal. Street food is great but not very healthy or clean. It will be better if you spend the weekends doing things like nature walks and indulging in activities like cycling which while they are fun are not expensive. You can plan weekend get-aways with your friends which will be both economical and fun.

Instead of using your vehicle, it would be better if you went in for carpooling or traveling by public transport like the metro or auto. This way you will also save on expenses incurred on petrol and maintenance.

These are some ways through which you can keep a check on your expenses while living outside your home.

Updated: 24 Sep 2020
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