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A Smart Guide to Saving on Living Expenses

Escape the "Empty Wallet"!

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The A to Z of Saving Money in Korea

Smart habits to save on living expenses! The saving methods available to you depend on whether you have a Residence Card (RC). Check the categories below and grab the benefits that fit your situation~!

"I don't have a Residence Card yet"

(Passport holder / Offline stores mostly)
Don't worry even if you don't have an RC yet!
You can immediately use on-site discounts at offline stores and do basic shopping.

1. Hypermarkets & Traditional Markets

Use hypermarkets and markets to cut down daily food costs!
Reducing fixed costs is the first step to saving money
Night Sales
Visit after 9 PM to buy fresh food (Sushi, Salads, etc.) at a 30~50% discount.
Bulk Buy (Splitting the cost)
Buying large quantities with friends and splitting the cost is much cheaper per item.
Traditional Markets
You can buy ingredients cheaply with cash at the market!
If you're lucky, you can also get "Clearance items" and "Freebies"
Clearance (떨이): Bundling leftover items and selling them cheaply just before closing.
Freebie (덤): The Korean culture of 'Jeong', where the owner kindly gives you a few extra small items when you buy something.
Wait!
If there is no price tag, make sure to ask "이거 얼마예요?” (How much is this?) and compare prices with the shop next door before buying!

2. Convenience Stores

Do you have a prejudice that convenience stores are expensive?
If you use them strategically, you can Get items cheaply!
1+1 / 2+1 Event Products
Pick event products for drinks or snacks you drink often. The price per item becomes half.
CU - PB products
PB Products: The King of Cost-Effectiveness
"We removed the brand bubble" By reducing advertising costs, they are 30~40% cheaper than general brand products.
CU - ‘HEYROO Deuktem’ (Instant rice, Ramen, Hotbar, etc.)
GS25 - ‘Real Price’ Quality is similar, but the price is much friendlier!

3. Daiso

If you live in Korea, you must use this place.
From small household goods to groceries, Daiso has everything!
"Is this really 1,000 KRW?"
Storage boxes, cleaning tools, dishes, etc. Daiso is the strongest in cost-effectiveness for daily essentials.
Everywhere in the neighborhood
Daiso is located all over the neighborhood. It's fun to browse and discover items you need.

4. Second-hand Trading _ “Karrot Market”

‘Karrot Market’ is the most popular second-hand trading platform used by Koreans.
Can I join without an RC? Yes!
If you have a Korean phone number (010 number), you can sign up for Karrot Market
<How to join Karrot Market>
Start → Set Neighborhood → Enter Info (Name, DOB, Telecom, Korean Number) → Verification Code
Direct Trade
You can get furniture or household items that are hard to ship cheaply in your neighborhood.
Free Sharing
If you are lucky, you might get dishes or clothes for free
Wait!
Since it is difficult to register a card without RC, we recommend 'Cash Direct Trade' where you meet in person.

🪪 "I have a Residence Card!"

(Online Shopping / App Memberships / Secure Payment)
If you have received your RC and Mobile Identity Verification is possible, the "real" discount benefits of life in Korea open up.

5. Membership & Point Benefits

Get more discounts with Memberships and Points at large franchises or convenience stores!
Telecom Membership (KT, SKT, LG U+)
Show your barcode at convenience stores, bakeries, movie theaters, etc., and get 5~15% always-on discounts.
Franchise Points (CJ ONE, Happy Point)
Accumulate points at Olive Young, Paris Baguette, etc., and use them like cash.
Convenience Store App
You can buy at the lowest price by stacking Telecom discounts on 1+1 events + Membership discounts!

6. Smart Payment Methods

Simple Payment & Gift Certificate
You can pay simply by scanning a QR code.
If you buy Onnuri Gift Certificates, you can pay at traditional markets with a 10% discounted amount.

7. Online Shopping

Heavy Items
Order heavy items like rice, water, and toilet paper online. They are delivered right to your doorstep.
Compare Prices
It is often cheaper than offline stores. Compare prices on platforms like Gmarket, 11st, and Naver Shopping!

Summary

What is my status?
Immediately after Entry (Passport Only)
Hypermarkets & Traditional Markets
Convenience Store Discounts
Daiso Shopping (Offline)
Karrot Market (Cash Direct Trade)
🪪 After RC Issuance (Verification OK)
Telecom Membership Discounts
Point Accumulation
Simple Payment & Gift Certificates
Online Shopping
Did these saving tips help you today?
It might seem unfamiliar and complicated at first, but if you follow them one by one, you'll soon find yourself spending smarter than the locals.
HireVisa cheers for your richer life in Korea!
*The images above were created using Google Gemini.