We reveal cheapskate ways you can save money this Chinese New Year

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Chinese New Year (CNY) is just days away and in the spirit of giving, you may be unknowingly spending thousands of dollars within this festive season alone.

In a Lunar New Year survey conducted by United Overseas Bank (UOB) in 2017, a Singaporean spends an average of $2,503 on food and family during the festivities.  

I’ve been giving ang baos for three years now without a baby in tow to recuperate my losses, so I’ve devised a sneaky plan to save up on the moolah.

I’ll have to admit, some of these tips are handy while others may be downright crafty.

That said, take these money-saving advice with a pinch of salt, and don’t go overboard and do things which may jeopardise relationships. The last thing you want is to be barred from relatives’ or friends’ homes in future.

DON’T USE FANCY ANG BAOS

When I was younger, the fancier ang baos will always capture my attention, and because of that I’ll somehow remember who gave them to me. 

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