Managing finances can be difficult, but planning strategically helps and goes a long way:

• Cut down on costs – Make sure to cut down on costs that seem unnecessary, like buying a coffee on the way to university or work every day or buying things that aren’t needed but look appealing. Cook at home whenever possible and embrace free entertainment like picnics at Hyde Park or strolling around beautiful neighbourhoods. Getting around on foot or using public transport keeps costs low.
• Spend wisely – But at the same time, it doesn’t mean that you won’t enjoy life or celebrate the small and big wins or treat yourself for overcoming a bad day. London offers a whirlwind of excitement, but living large in this city means spending wisely.
• Save for travel – If you like travelling, you can create a “travel fund” for yourself where every month you put some money aside, so when the time comes, you can go on a vacation without worrying about finances.
• Live Smart in London – You only live once, so if you’ve got the chance to call London home, go ahead and live it up. Just remember to indulge smartly.