For many people looking to get a taste of city life, London is top of the list. Known for an upbeat pace of life and laced with trendy suburbs, it’s no surprise that London draws so many people each year.
However, living in the capital does have its drawbacks. As the most expensive place to live in the UK (with the average house price exceeding £500,000), it is important to be proactive when it comes to having enough money to go around.
If you’re looking for alternative ways to fund your London lifestyle, then read on for our top tips to financial stability.
- Work and save
Although nobody is going to stop you going out and having fun – that fun does come with a cost. Food, drinks and activities in London are expensive, so to make the most of it you’ll need to work hard and be good at saving and budgeting.
- Consider extra income
If you want to take control of your own finances, then you may want to begin making a secondary revenue stream, rather than just having a main job. With 25% of Brits admitting to a side hustle, it’s clear that many of us are chasing extra cash on our days off.
If you’re considering extra income, then a great way to make money quickly is through forex. If you’re planning on going down this route, the fast paced and opportunistic style of using the Mt4 download to access its forex trading platform can be capitalised on and used to fund your lavish London lifestyle.
- Make the most out of deals and offers
Just because you’re on a budget, doesn’t mean that you can’t get out and about. There are loads of things to do in London, and if you do your research, you can often find coupons and deals to make the most out of your money.
By looking on sites such as Groupon, you can often find things to do at discounted prices. Not only this, but many renowned restaurants offer discounted lunch menus, so if you’re going to eat out – consider going for lunch rather than dinner.
- Networking
Home to many of the rich and famous, it goes without saying that London is a great place to meet new people. As the old saying goes, “it’s who you know, not what you know”, so it’s important to make the most of being in London by attending networking events.
You never know, you may just run into your new business partner or boss while you’re at it!
What next?
If you’re looking for a taste of life in the big smoke, the good news is that you can enjoy the lavish London lifestyle if you’re strategic. By budgeting carefully, making the most out deals and offers and considering a way to make extra cash (such as forex), you too can make the most of all London has to offer.
When are you planning your move?