As Singapore gears up for the GST hike in 2024, each one of us needs to rethink our spending and saving strategies. It's not just about tightening the belt; it's about making smarter choices on where and how we allocate our resources to maintain financial stability and make every dollar count.

Enter M1: your ally in navigating these choppy financial waters. With our finger on the pulse of what everyone truly needs, we’ve crafted 7 essential tips to save money that are both practical and innovative. Think of this as your toolkit for weathering the GST storm, complete with wallet-friendly mobile plans and savvy broadband deals, transforming this economic shift into an opportunity to thrive.

1. Share Your Telecom Expenses with Family

When it comes to managing telecom expenses, grouping your family’s mobile needs into one plan is a smart strategy. It's about pooling all the good stuff – data, calls, SMS – into a single, cost-effective package, offering more benefits for everyone while trimming down the costs. Our Bespoke Family Plan is the perfect answer to this savvy approach. Starting at just $6.00/month per line, this mobile family plan allows the sharing of over 400GB of data within the household, ensuring that no data is wasted, making managing telecom expenses simpler and more economical, especially important with the GST increase in 2024.

2. Upgrade Your Gadgets Wisely

Keeping up with the latest technology, be it the newest iPhone or the latest Samsung mobile device, is more than a luxury; it's a financially wise decision. Upgrading means improved efficiency and enhanced features, often leading to cost savings in the long run. That's where our Trade Up programme comes in, which allows you to upgrade your tech economically. You can trade in your older devices, even 3G ones, and enjoy savings of up to $200, plus the trade-in value of your old device. Other perks include a $100 discount for SAFRA members and a complimentary first-month subscription to Zolaz Cloud Gaming. This way, you're not just getting the latest phone but also making a smart move to save money.

3. Optimise Your Home Connectivity

In today's world, who doesn't love a seamless blend of high-speed internet and endless TV entertainment? It’s like having the best of both worlds at your fingertips. That’s the charm of M1’s Fibre Broadband 1Gbps with Eazie TV Promotion, this offer brings exceptional connectivity and entertainment right into your home. At an attractive price for a 24-month commitment, it offers speedy internet via a free bundled Wifi 6 router and an 8-month free Eazie TV subscription to spice up your family movie nights, making it a thoughtful choice for staying connected, entertained, and saving smartly.

4. Earn Cashback on Your Purchases

Calling all shopaholics! Our M1 Cashback rewards programme is a must for anyone who loves cashback on online shopping. You are automatically enrolled and eligible for M1 Cashback when your mobile line’s bill plan is at least $30 (including GST; before discounts and not inclusive of other value-added services). M1 Cashback lets you earn up to 26% back from over 50 top merchants like Shopee, Klook, and Sephora through the My M1+ app. This benefit goes beyond a perk; it can offset your phone bill with the cashback earned, possibly reducing it to $0 if the cashback amount covers the entire bill. As expenses and taxes evolve, this offer becomes a key strategy to stretch your budget, turning each online shopping spree into significant savings.

5. Choose Flexible Mobile Plans

Looking for a mobile plan that adapts to your lifestyle? M1’s SIM-only plan is your answer. Our Bespoke SIM-only 200GB plan is tailored for savvy savers at only $19.18/month. This limited-time promotion is designed for new sign-ups and recontracts, offering a free 12-month FoneCare+ Lite subscription and providing a one-time device swap, except for loss or theft cases. It adapts to your changing needs and protects your wallet from unexpected expenses, embracing smart savings in an ever-evolving financial landscape. You can also explore more SIM-only plans to find the perfect match for your unique needs.

6. Leverage Wi-Fi Calling

Reduce your mobile expenses with our Wi-Fi Calling feature. This innovative service allows you to make voice calls over a Wi-Fi network, bypassing the need for traditional cellular network usage. It's particularly beneficial for international calls or in areas with limited mobile reception. By utilising Wi-Fi Calling, you can lower your call charges significantly, making it an excellent strategy for smart savings in the face of rising costs and the upcoming GST increase. This feature seamlessly integrates with your M1 plan, offering a cost-effective way to stay connected.

7. Review Your Service Subscriptions Regularly

Is your telecom plan still the right fit for your lifestyle and budget? Periodically reviewing your subscriptions, such as M1 broadband and mobile services, is key to smart financial planning. As the GST hike looms, ensuring your investments align with your actual usage becomes crucial. By reassessing your needs regularly, you can strike the ideal balance between cost and convenience, making sure every dollar you spend brings value and efficiency to your communication needs.

Navigate the GST Increase with Smart M1 Solutions

As we brace for the GST increase in 2024, it's vital to strategise our spending. From leveraging M1's cashback rewards to choosing flexible SIM-only plans, the tips discussed are instrumental in maximising your GST savings, offering a practical pathway to navigate these financial changes. Don’t just take our word for it; explore our full range of products on our website and see how you can start saving today. Alternatively, check out our budgeting and money-saving tips guide for more helpful information. M1 is here to support you every step of the way.

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