Although the cost of living in the UK can be high, there are several clever tactics you can use to cut costs and ensure you have something left for when you need to visit home.
Below, we share some of these strategies.
- Budgeting and Planning:
Planning and making a budget will help you monitor how your money is spent. Create a budget to monitor your income and expenses. Find areas where you can cut costs and set spending limits in several areas, such as groceries, entertainment, rent, and transportation.
- Search for Discounts:
Students have special discounts in certain places. If you’re a student, use the student discounts that restaurants, shops, movie theatres, and transit providers offer you. Keep your student ID card with you at all times and inquire about any available discounts. Non-students can also look for special discounts that companies give at specific periods in the year so that they can buy such products in bulk.
- Buying in bulk:
It is important to know that the price of buying groceries in bulk differs from that of buying them in bits. For example, the price of buying a tin of milk usually differs from that of buying a carton. Practicing the act of buying groceries in large quantities and storing them should become a habit for those living in the United Kingdom.
- Accommodation alternatives:
This option benefits students more than regular people. Students can reconsider accommodation options such as house-sharing, renting a room in a private home, or living in university accommodation. This will help you control how much you spend on accommodation.
- Transportation alternatives:
Instead of getting a car that you would have to fuel weekly or daily. Instead of owning a car, choose public transportation as parking and vehicle maintenance can be costly in the UK. Use cheap transit passes, or think about traveling small distances by bicycle or foot.
- Healthcare Options:
To receive free medical care through the National Health Service (NHS), register with a nearby doctor’s office (GP). When seeking medical advice, use NHS 111 or the NHS walk-in centers to avoid needless Emergency trips.
Surviving the cost of living in the United Kingdom can sometimes be challenging. In this era of remote jobs, you should learn a digital marketable skill that will enable you to earn extra income and live the kind of comfortable life you desire in the UK.
