Hong Kong is a great place to visit whether on business or pleasure. If you are a budget conscious traveler, there are a few things you can do to save money.
First time visitors (and even some experienced travelers) make the mistake of using the Airport Express to get into the city. While it is quite fast and convenient, it is not necessarily the cheapest way to go to the city from the airport. Airport Express will cost you between $60 and $100, whereas the Airbus service will be between $30 and $45. The taxi service is not recommended as it will cost you almost $300 (prices are quoted in USD).
Once you are in the city, get yourself an Octopus Card. This is a prepaid card which can be recharged as often as you require. It allows you to use the Hong Kong public transportation system without the hassle of looking for local currency. All you have to do is swipe the card and the cost will be deducted from it. Hong Kong has an excellent public transport system, so this method will definitely save you lots of money. To top it all off, the card can even be used at the local McDonalds.
When you go to a restaurant, be aware that a service charge is included in the bill. So you do not really need to leave a substantial tip. However, it is considered common courtesy to leave small one. When you visit Kowloon market, be warned – the shops will try to fleece you because you are a tourist. Never take the first, second or even the third offer. Bargain for as long as you can if you really want the product. You will be surprised to find the price dropping below 50% of the originally quoted price.