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Ways to Save Money When Living in London

June 20, 2022

Perhaps your job has taken you to London, or maybe you have lived there for a while. Whatever your situation, with the rising costs of pretty much everything, it is important to keep an eye on your daily living costs and perhaps try and save on your spending. Here are a few ways you can help keep costs lower when living in London.

Don’t Eat Out

There are so many temptations to eat out in London as the city is filled with amazing culinary delights everywhere you turn. However, it is easy to get in the habit of eating out in London or grabbing a takeaway after work to take home. This is an easy way to spend your well-earned money very quickly. Sure, it is nice to eat out as a treat once in a while, but if you can cook meals at home, this is much more cost effective. You can also look out for food that is reduced at the end of the day. Not only will you help reduce the waste of surplus food, but you will get a bargain too!

Ride a Bike

Riding a bike around the city is a sure-fire way to keep those travel costs down. You won’t have to fork out for a travel card, and the added benefits are you will be getting fit and healthy whilst cycling around London to and from work, rather than being stuck on a busy tube line. You will get to see so much of the city just on your daily commute, and there are plenty of places to keep your bike safe in London too.

Share Your Accommodation

Sharing your accommodation with others is another great way to reduce your living costs. Rather than living in a one-bedroom apartment, why not look for rooms for rent in London and find a room available in a house share? Not only will you be saving some money, but you will also meet new people and make some new friends. When you have housemates, you can also share things like the utility bills.

Watch Where You Shop

In London you have so many options of where to shop, but if you are looking so save some money then it is well worth considering shopping in thrift shops and markets. London is famous for having markets everywhere, and you can find some great buys when trawling through the markets. It is well known that one person’s junk is another person’s treasure, and it can be great looking through these markets and thrift stores and landing a bargain.

Even though the costs of living in London can be very high, and costs are on the rise, there are still ways to keep the daily costs of living down. It is important to know your budget and then try and stick to it. Things like saving money on eating out and transport, as well as sharing accommodation are sure to help.

To read more on topics like this, check out the Lifestyle category

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