Just been shown this article about how someone saved £5k on a £22k salary in London. Even though i’ve been a long(ish) term user of FinTech I always seem to get surprised/shocked/happy when I hear how it’s helped other people.
Got to say i’m pretty impressed that the author managed to achieve their savings goal!
She had done very well but I am afraid if you have a family no matter how small it would not be possible to even survive with dignity on 22k in London.
I tried using WeBuyBooks and the app had the cheek to offer 15p for a book I bought for £22. I gave up.
I think spending that amount on food is reasonable (I dislike fast food), and it’s easy to only spend £50-75 on shopping a month. I don’t like drinking or clubbing so imo this is quite doable- the challenge is the pressure of “missing out” on things I guess. Transport and rent are the main killers in London
Hats off to her, I know I certainly couldn’t live on a tenner a day due to the shear amount of socialising I do which I wouldn’t want to give up. I probably could do it cheaper than at present though.