If you’re planning to stay in London for up to a year, opening a UK bank account is really important. There are lots of bank account options for international students, and this article from study international offers a great break down of all options available to you.
However, if you’re going to be spending a shorter period studying in the UK, there are alternatives to a standard bank account.
For example, Revolut is a phone application that offers an easy way to transfer money between your home currency and the British pound. It comes with a bank card that lets you spend commission free between the currencies you choose, so you’ll never pay more than the exchange rate at any given moment. You’ll also get your own bank account within the app which will allow you to send and accept money to and from other people and companies.
Budgeting for London life
It’s no secret that London isn’t the cheapest city on the planet. However, it’s still possible to live here on a budget and really enjoy yourself.
But first things first: Whether you’re dealing with a big or small budget, it’s crucial to stay on top of your money while living in London. How you manage your money will make a huge difference to your London experience.
So, organise your budget in advance of your stay. This will help make sure you have enough money to cover all your expenses and enjoy London without worrying about your finances.
Make sure you:
- Split your total budget between the total number of months you’ll be staying in London.
- Split this monthly budget into different areas such as rent, gym, groceries, socialising etc.
- Keep a small amount of money aside for emergencies.
Meeting friends and going out
Living abroad can be one of the most rewarding experience of your life. You’ll be exploring new cultures, eating new food and meeting new people from all over the world – and it really is a lot of fun!
However, it’s also easy to feel overwhelmed when you first arrive and making new friends can be really daunting. But don’t worry – just remember that everyone on your course will be feeling nervous too, and that by keeping yourself slightly outside of your comfort zone, you’ll make loads of friends in no time.
To get you started, we’ve put together these top nine tips to help you make friends in London.