Presentation on theme: "London on a Budget Jennie Long and Rajandeep Singh International Office."— Presentation transcript:
London on a Budget Jennie Long and Rajandeep Singh International Office
Have a think…. Why is budgeting useful?
Concentrate on studies Prevent running out of money Prevent wasting money Spend more money on what you want Reduce stress Develop good spending habits for future
FUN! Make the most of being in London – and have FUN!
Tools for Budgeting Spreadsheets Set yourself a cash limit each week Scrutinise online bank account!
Sit next to someone you do not know… Introduce yourself Have a 5 minute chat about these questions: In which areas of spending would you most like to save money?
Travel - Student Oyster Card A full-price Zones 1-2 weekly travel card costs £29.20 For a student the cost is £20,40 Saving = £8.80 A full-price Zones 1-4 monthly travel card costs £ For a student the cost is £ Saving = £48.40 Apply online Card costs £10 Online: need digital photo, CID number Discounts of around 30%!
Other travel: Buses A full-price monthly bus pass is £72.20 A student monthly bus pass is £50.40 Saving = £ Buses 9 and 15 – historic Routemaster buses
Other travel Young Persons Railcard £28 for 1 year £65 for 3 years Can make your money back on one journey!
Other travel Boris Bikes! Access Fee = £1 Up to 30 mins – free 30 – 60 mins = £1
Free London New Europe: Free Walking Tour Leaves from Hyde Park Corner Covers all major sights! Sandemans New Europe
Free London - Imperial
Free London: Museums Museums Science Museum Natural History Museum British Museum Imperial War Museum Many more…! Art galleries V & A Serpentine Gallery National Gallery Tate Modern Tate Britain Many more…! Street entertainment Covent Garden South Bank nr. London Eye Bonfire night, New Year, Christmas lights, Diwali Parks Hyde Park Green Park Regents Park Richmond Park Many more…!
Cinema and Theatre Cinema Coronet in Notting Hill £3.50 Monday Student Night If you have an Orange mobile phone (or a friend who has one!), you can get cinema tickets on Wednesdays Theatre Discount ticket offices (e.g. Leicester Square) Queue up for returned tickets on the day of performance Cheap nights – previews, matinees Travelex – National Theatre Metro and Time Out Time out magazine is now free! £5 standing performance tickets Cheap tickets for under 25s
Drinking and nightlife Use public transport – tube and night buses Imperial Students Union Student nights (generally cheaper) Happy hours! Drinks vouchers
Imperial gym – ETHOS £30 one-off fee, then FREE use of pool, sauna, steam room, spa, gym Sport and Leisure International Students House (ISH)
Imperial Union Clubs and Societies Over 300 societies to choose from!
Sit next to someone you do not know… Introduce yourself Have a 5 minute chat about these questions: How much do you think you will spend on food, each week?
Shopping - food Supermarkets Cheaper - ASDA, Morrisons, Tesco, Lidl More expensive - Waitrose, Marks & Spencer Own brands, value ranges Bulk buying Special offers – on display at end of aisles Reduced section – be quick! End of day reductions
Cook your own meals
Sales (biggest in January, summer) Charity shops Carboot sales, jumble sales Markets – not always cheap though! Supermarkets Window shopping (Regent Street, Bond Street, Knightsbridge) Check for easy-to-repair faults and ask for discount Student discount Shopping: Clothes
Eating out If you are living on a budget, use a voucher when you eat out! Useful websites: (Card costing £70, gives 50% off food in many restaurants) Brick Lane (East London) and Chinatown (near Leicester Square) both have many cheap restaurants
Tipping When should I tip and how much should I give? Eating out Going out HairdressersTaxis
Introduce yourself Have a 5 minute chat about this question: What are your top tips for living in London on a budget? Sit next to someone you do not know…
Top tips! 1.Get a PART-TIME JOB (most international students are permitted to work 20 hours per week) 2.Get a student (18+) OYSTER CARD for cheaper travel 3.Look off the beaten track – explore the unusual and the strange…! 4.Go to the IMPERIAL STUDENTS UNION – cheap food and drinks 5.COOK meals and RENT DVDS with your friends – saves money on going out 6.Dont shop when you are hungry and write a list before shopping 7.Take long WALKS – a great way of seeing the city 8.Subscribe to MONEY-OFF WEBSITES – Groupon, Wowcher 9.Buy an NUS CARD (£11) and get student discounts in many shops
Useful websites Travel Cinema and Theatre Food Social General/ VERY useful