Cost of living at LSE

hm I think the undergraduate prospect says 1000 pounds a month but that'S WITH accommodation so I think it's about hm 500-550 pounds a month

Reply 2

Eru Lawliet

1

he wants cost per week. I'd say 100 pound a week.

Reply 3

well, if it's 500 per month you only have to divide it by the numbers of week per month? :biggrin:

and do you really think that 100 pounds a week is enough??

Reply 4

10

With the exclusion of accommodation, £100/week should suffice. I think. I hope :redface:

Hehe

Reply 5

hm I hope you are right!

Reply 6

10

Lol, I hope so too.

Reply 7

15

Pinguin

well, if it's 500 per month you only have to divide it by the numbers of week per month? :biggrin:

and do you really think that 100 pounds a week is enough??

£100 a week is enough.

Several people who get the minimum loan entitlement use it purely for living costs (works out at £120/week) - it's more than enough to live on. A week without social activities can cost as little as £30. It's the drinking and non-essential shopping that bumps this figure up quite considerably. But then again, perhaps I'm not the person to consult on all matters concerning finance - my loan for this term was gone by week three.

Reply 8

mobb_theprequel

my loan for this term was gone by week three.

lool!

but hey, that's great (the 30 pound thing!) then london is not THAT expensive as the prospectus says?? (--> 1000 pounds a month...)

Reply 9

jakatak

1

i hate the idea of renting accommodation from the uni... you have to pay sunk costs.. whereas if you have ure own flat slightly further out.. ure gonna make your money back... so accommodation is financially unrewarding.. but socially its the opposite..

Reply 10

15

Pinguin

lool!

but hey, that's great (the 30 pound thing!) then london is not THAT expensive as the prospectus says?? (--> 1000 pounds a month...)

Yeah, your expenditure is chiefly governed by the three Cs:
1. Clubbing - avoid going to the kind of places where you pay £20 for a pitcher of water
2. Comfort shopping - avoid the main shopping streets and avoid credit cards
3. Comfort eating - avoid coffee shops, take-aways and restaurants

And if you smoke - and aren't a fan of roll-up tobacco - add Cigarettes as number four on the list. EDIT: Taxis are another way of frittering cash, too.

To be honest - a week which involves going to student venues/the pub on three nights a week, and eating sensibly (cooking, eating in the canteen, and maybe the odd take-away) shouldn't really cost you more than £80/£90 - and could forseeably be done for £60.

Reply 11

jakatak

1

very thorough mobb

Reply 12

10

Would I really be able to survive on £30 (give or take a few pounds) a week if I don't indulge in the 3 C's? And...is it easy to get a part-time job in London?

Reply 13

15

It's not all doom and gloom though, as I'm told that the second and especially the third years are comparatively cheaper for the following reasons...

1.People generally tend to live in groups of three or four in a flat, and share major living expenses such as cooking.
2. People actually cook
3. People have to do some work! The work intensifies, especially in terms 2&3, so there simply isn't the scope for going out every night of the week (unless you don't want to get a 2.1 that is).
4. People invest in Sky - £40 a month, split between four people, and providing endless nights of entertainment is actually OK value. Especially when you might otherwise go out on a given evening and blow £40 without a second thought.
5. 2nd and 3rd years don't get ripped off by the shambles that is Freshers' Fortnight!!

Reply 14

fishcandyguo

How about the job opportunities at LSE? I mean part-time jobs at LSE...is it easy to get one?

Reply 15

15

e11even

Would I really be able to survive on £30 (give or take a few pounds) a week if I don't indulge in the 3 C's? And...is it easy to get a part-time job in London?

Seriously, if all you're going to do is exist (i.e. just spend your money on food) - £30 is enough. I've done it: so it must be true!

Naturally though, most people don't just want to exist - they want to live.

Reply 16

10

mobb_theprequel

Seriously, if all you're going to do is exist (i.e. just spend your money on food) - £30 is enough. I've done it: so it must be true!

Naturally though, most people don't just want to exist - they want to live.

Hence my question about getting a job.

Reply 17

15

fishcandyguo

How about the job opportunities at LSE? I mean part-time jobs at LSE...is it easy to get one?

Try and get a job at the very start (actually at the LSE) as a steward. Somebody told me they get paid £10+/hr for doing bugger all. But all these jobs go quite quickly.

Other than that, there are plenty of jobs in London, in the servile-menial sector for £6-7hr. With appropriate time-management, it is possible to do a part time job and also complete your studies - there is more than enough time. Sadly though, the reality is that most students do not know the first thing about time management. And is it really worth sacrificing your studies for £6/hour, when you run the risk of jeopardising a £26,000+ starting salary?

Reply 18