Hi all, I need some advice regarding funds whilst I stay in London.
I'm going on a working holiday and will earn about 140 pounds a week working in a pub (live-in, so free accom.). If I were to arrive with $3500AUS = about 1400 pounds, would that be sufficient funds for me to live for a least a fortnight? Taking into consideration that I will be living at the pub as soon as I arrive, but won't be paid until at least 10 days after I arrive. I will want to do some sightseeing around London as soon as I get there, will need to buy some food, some clothes, and a beer or 2 I would assume. I'd also like to do some travelling on my days off once I'm settled. How should I go for funds? I just have no idea really. Any help or suggestions would be great.
1400pounds for a fortnight?? Absolutely!!!
You'd have to be on a fairly serious spending spree to go through that.
At an absolute minimum, that should last a month-6 weeks, and with no acccom (and i'm guessing ability to get at least some food & beer cheap/free in the pub) i'd say you could easily survive 2 or 3 months, longer at a push. Unless your really blowing money in the fanciest clubs & lots of designer clothes etc that is
Cripes, i've lived in London earning only about 1450 a month, and that was BEFORE tax/National insurance, council tax, student loan payments and accomodation! Whilst not amazing, I never had a huge problem despite being at least a semi alcoholic and also travelling regularly.
BTW, if really you want to go through 1400 in a fortnight, i can probably help. fancy a beer or 2 one night - your paying
have fun in London!
That's about 100 pounds per day for 14 days, with your accommodation sorted out? That's plenty of money - enjoy it while it lasts as pub work doesn't pay much; expect about 3.50 per hour, so about 35 pounds for a 10 hour shift.
Thanks for the replies guys, but I don't think I worded my original post very clearly. I realise I would be able to 'survive' for 2 weeks in London on 1400 pounds, but that's ALL that will be in my bank for a potenially 6-8 month stay. I'll be wanting to take a few travelling trips to other European cities on my days off, buy some funky clothing, and have a few beers on the weekends. Would 1400pounds as a base amount be enough to really 'do' London and a few other places in Europe?
London / England is a rip-off of a place to live. You could easily eat through your £1400 very quickly, depending on how lavish you are with your expendature. But you've go your accomidation covered (being a live-in) you should be okay, since accomidation is the quickest way to eat through your money. It's when you start having to fork out money for rental bonds etc, when you can see your money disappear.
Remember, as a working holiday visa holder, England has now relaxed what type of employment you can seek.
Remember that you need 2000GPB to get through immigration on your WHV for the UK.
If you do not have a bank statement showing a balance of 2000GBP (or its equivalent in your currency, it's about $5300AUD) then the WILL send you home.
It happened to a friend of mine recently - she was sent home on the next flight to Oz as she didn't have the required 2000GBP.
As far as your funds go, you won't get far on them if your job doesn't work out... what would you do if you got there and the boss was an ogre, the work was nothing like you were expecting it to be, and the "free accomodation" is a rat-infested room complete with draughts and mouldy mattress? London can be really expensive if you're not careful, and if something happened to make you want to leave the pub, those funds would dry up in a month, easily.
But as long as you're on a good wicket with the pub and you stay there, then 1400GBP should allow for your first few weeks before you start earning pounds, and then later a short jaunt to Europe, especially if you are able to add to your savings from the money you earn at the pub. Trips to the continent from London can be cheap as chips if you keep your eye out for bargains!