Given that most graduate jobs in London pay at least £20,000+ a year, the prospect of a job in the city offers the majority of graduates more financial freedom than they’ll have ever experienced before.
But as one of the most expensive cities in the world, your monthly paycheck can disappear all too quickly – especially when expenses and the cost of living in London tend to be significantly higher than in the rest of the UK.
In order to survive (and thrive!) in the city, budgeting in London is key.
By taking the extra time to think about your spending in advance, you’ll be able to work out what you actually spend your money on, highlight anything that is unnecessary, and fashion a realistic plan that will enable you to make the most of living and working in London, and help you decide where to go in London.
So if you’re considering looking for graduate jobs in London, what are the factors you need to consider – and how can you make sure that you stick to your budget in London?
Here’s how to budget money in London and save effectively.
Or head back to our Complete Guide to Working and Living in London.