London is widely regarded as the most expensive city in the UK.
Yet it doesn’t always have to be that way. By using some tried and tested money-saving methods, you can explore and enjoy England’s capital city without burning a hole in your wallet.
Whether you’re a resident, tourist, or even student, you’ll save a pretty penny by implementing or tips below. Keep reading to learn the best ways to save money in London.
Shop smart
London is one of the world’s greatest shopping destinations. It’s famous for many shopping streets including Regent and Oxford Street. But you don’t have to spend a small fortune when you go shopping in the Big Smoke. The city is also rife with bargains.
In the first place, try to leave any major purchases for sales periods, such as the Boxing Day and January sales, or the summer sales.
Yet instead of frequenting major shops, try to take advantage of less mainstream and less-expensive options. For instance, go window-shopping in a pawnbroker’s store or charity shop instead of high-street retailers.
And when shopping for clothes, be sure to make a quick stop at TK Maxx. It’s well stocked in discounted designer gear – you never know what you might find!
Visit free attractions
Although London has a reputation for being expensive, it is also home to a huge range of free activities and experiences. And regardless of your personal preferences, you’re sure to find at least something that appeals to you when looking through London’s long list of free activities, such as:
- The changing of the guard
- The London Mithraeum
- The Barbican Conservatory
- Columbia Road Flower Market
- The British Museum
- The Sky Garden
- Leadenhall Market
- The Natural History Museum
- And many more
Travel smart
Getting around London can be surprisingly pricy, especially if you’re making many trips often. We’ll point out some of the best ways to cut down on your transportation costs in the big city.
- Travel off peak: If you can avoid using the underground between 06:30-09:30 and 16:00-19:00, you can save a surprising amount.
- Take the bus: Buses are the cheapest form of public transport – this is just as true in London as anywhere else. And if the low price isn’t enough to entice you, just remember you can also climb to the top of a double-decker for a budget sight-seeing tour!
- Use public bikes: London is a bike-friendly city, so make sure you make the most of public bike-sharing schemes such as Santander Cycles.
- Travel by foot: Some areas of London are deceptively close, so don’t rule out walking. It’s the best way to explore and see different areas of London, especially if you’re a tourist.
What’s your best advice for saving money in London? Share your best tips and tricks with us in the comments section!
