London is a fantastic city with lots of things to do and see. Whether you’re on vacation or living in London, there are always ways to save money while still having a great time. So, if you are planning to come to one of the most expensive cities in the UK, then Click here to read some tips for saving money while in london.
Cook Food, Don’t Eat Out
This might be a given, but it’s necessary to address. Eating out in London is expensive, and even if you find a cheap place to eat, you’re still looking at spending around £15 for a meal. However, if you cook your food, you can easily spend half of that or less. Not to mention, cooking food is a great way to save money on groceries. There are plenty of recipes online for cheap meals.
Pay Attention to Your Bills
When you move into a new place, one of the most common mistakes people make is not checking their monthly bills closely enough to notice that they’re paying too much on something like a phone or TV service. You need to be sure that everything is in order, and if it’s not, then it’s time to shop around and see if you can get a better deal. If not, consider changing your service because even though there may be no visible changes on the surface, those small things add up over time.
Be Smart With Your Student Loan Money
If you’re coming from outside of Europe or outside of the UK, for that matter, it’s important to know that your student loan money might not go as far as you think. So, be smart about how you spend it. There are lots of ways to have fun in London without spending a lot of money. For example, consider going to free museums or walking around the city instead of taking the tube or bus.
Take the Public Transport
If you think you should rent or buy a car, think again. If you do have a car, consider using public transport instead of driving your own vehicle because it’s more cost-effective and faster as well. Depending on where you live in London, traveling to work by bus or tube might be cheaper than paying for gas or insurance each month plus the additional fees associated with owning a car (parking, congestion charge, etc.).
These are just a few tips to help you save money while living in London. Of course, there are always other ways to save, depending on your lifestyle and needs. But, by following these simple tips, you can make your stay in one of the most expensive cities in the world a little more manageable financially.