Budgeting Your Everyday Expenses and Other Key Things to Know when Studying in London

Studying abroad can prove to be an extremely beneficial endeavour that has a favourable impact on your overall resume and your potential future income. Especially if you are planning to study in a global financial hub such as London, you are able to develop an entire new set of soft skills that your potential employers are looking for. UK Education Consultants often find that students come back with a whole set of key skills in creative thinking, problem solving and a new kind of open mindedness.

Some Fun Facts about Study Opportunities in London

·         Out of the top 30 colleges in the UK rated on the basis of value determined by comparing the cost of education to the average salary, 13 universities belong in London.

·         Studying in the city is a great way to optimize opportunities of interacting with people from different cultures. With over 100,000 new international students arriving into the city every year, you have a chance to interact with people from around the world.

·         A student visa allows you to work for as much as 20 hours every week where you can earn about 8 pounds an hour.

Budgeting your Day-to-Day Expenses as a Student in London

With so many museums to explore, places to see and things to do, you want to make sure that your stay in London isn’t only about obtaining your degree. However, living in London can get quite expensive if you do not plan and prioritize your outgoings. Here are a few basic expenses that you may want to consider –

·         Cell Phones

If you are living on a budget, you can find a pay-as-you-go cell phone that can be used just for texting and phone calls, without a camera or an internet connection for about 20 pounds. These phones come with a few credit minutes free every month. Just like India, you do not have to pay to receive calls in the UK. The ideal thing to do is to bring the phone you used back home along with you and purchase a prepaid SIM.

·         Dining Out

An average dinner at a mid-ranged restaurant will cost you about 20 pounds per person including appetizers and drinks. If you are okay with eating early, many restaurants in the West End offer pre-theatre specials for cheap. You can save more money by looking for promo codes online and planning to go meals accordingly. Sign up for newsletters from your favourite joints and enjoy the deals that come your way.

·         Other Entertainment

Most student pubs around your university will serve a pint of beer or a glass of wine for about 4 pounds. While tickets for the big club football games can get difficult to get, you can get your local football experience for the relatively smaller games at the Wembley Stadium for about 20 pound each.

For local transportation, it is best to get yourself an Oyster card that will save you significant money on your underground and bus fares.