Yes, London can indeed be expensive. But as with everything in life, so much depends on the choices that you make.
As you’ve probably already discovered, budgeting your spending in London is a must, as £££s can easily evaporate into thin air. Using some common sense, value-saving techniques & the wealth of resources available to you, you can stretch your spending money longer without sacrificing your London experience.
Let’s take the example of a morning cup of coffee. The tempting option may be to shell out upwards of £1.50 or more (ahem, most likely more) per day for a filter coffee or espresso at Starbucks or a fancy-pants coffee shop. But if you make your own coffee at home every day, it will cost you as little as 30 pence. And if you really can’t be bothered to make your own coffee, the coffee machine in the student lounge at Faraday House will only set you back 50 pence for an espresso and just 70 pence for a cappuccino!
Knowing your options and making these kinds of smart decisions may seem trivial in the short term, but all of those £££s will add up quickly over 3 months! Trust us!
There a loads of resources out there for Londoners-on-a-budget like yourselves:
- Check out the Student Life in London section of your student handbook
- Read the “Be Poundwise” section of the SU London website, chock-full of advice from staff & previous students!
- Take advantage of our (free!) London walking tours and (cheap!) day trips within the UK
- Glance at Groupon London listings
- Read Londonist’s excellent Weekly Cheap London Listings column
You’ll surely develop an eye for bargain hunting in London during your time here, and when you do — we want to hear about it! Be on the lookout for emails soliciting your best student-to-student bargain advice — if we pick your piece of advice to send to your fellow students, you get £10!
Don’t be intimidated by flashy London prices — there are always deals to be had! Come see us in the Student Life office, SR 109, for more advice.