Have you arrived in London yet? If yes, we have some brilliant tips that might help you save some pounds while managing your overall expenses. Well, it’s ok to have zero idea of how to manage your expenses in a foreign country. But there are students who are excelling in their studies as well as managing their expenses excellently. So, we have crafted this article just to give you a sneak peek into the secrets behind their financial management.
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Major Challenges for Students
There are numerous Indian students flying to the UK all year round. And a majority of them are completely new to the situation and the hardships they are about to face there. If you are still unable to imagine this, let me take you through some of the challenges you might face and also show you how to easily tackle them-
The cost of accommodation is something that makes a bigger dent in your pockets per month. Often the cost reaches such heights that it becomes difficult for you to manage it single-handedly. At such times, you can have few options- either switch to a cheaper alternative, or get roommates to split the expenses. The second option is better if you can find roommates, especially from your own country.
Commuting between places is one of the major challenges in the UK. Unlike in India, you won’t get cheaper alternatives like Rickshaws in the UK. You can either walk or pay a decent amount to commute. However, Trains are one of the fastest and convenient ways to travel within the UK. You can get fare passes or use split-ticketing apps to split into two or more segments. This is a proven method to get you hefty discounts.
