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How to save money in Egypt

Hello everyone,

Did you plan your budget before your move to Egypt? If so, how did you go about it?

How do you save money in your day to day life? Do you find there are any areas where you can't cut costs?

Do you have any tips about saving money in Egypt? For example, getting the best deals on accommodation, grocery shopping and dining out, the best value transportation, etc..

Are there any apps or websites that have helped you to save money?

Thank you for sharing your experience.

Priscilla

Hi Priscilla,

Here are some tips:

1. For accommodation, avoid highly prestigious accommodation. You only need a suitable sized accommodation with air conditioning if possible, in a safe place, nearby public transportation and near services. The best spot in a building would be the North East and not just below the roof. No need to stick to areas historically inhabited by foreigners, this will give you more latitude. Areas like Heliopolis and some areas in Nasr city, if near transportation, will do very well.

2. Try to take public transport more and cabs less during the day if you are moving in main streets. There are many transportation options now. you might want to avoid small private microbuses unless you are during the day and moving through main streets. Limit cabs to evening hours if  you  don't feel safe.

3. Buy food and produce from chain supermarkets and chain produce shops rather than small sporadic shops.

4. Purchase a medical insurance.

5. No need to switch on air conditioner all the day. Power cost is high.

6. Avoid asking house keepers to buy groceries or do services for you. They will charge you with high cost for that.

7. Limit buying clothes and other needs to your country. There will be cheaper options here, but if you stick to the international brands, they might cost you more, some times there are discounts on international brands.

8. Limit dining out. The cost of dining out is very high and the quality is average.

These are some tips I wanted to share with you. If you have specific concern let me know.

Share an apartment with other expats. It doesn't have to be in zamalek and maadi. Dokki and downtown also have nice areas. Check them out. Use the metro instead of taxis. Limit eating out and cook at home.... much cheaper and definitely healthier. Egypt is becoming pricey these days so it's more challenging to save.

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