Housing costs: I rent with one roommate in a small east London flat, she is a friend from Canada. Total monthly rent is £1,450 so we each pay £725.
Loan payments: I am very grateful not to have a university loan. Since my parents had me when they were pretty young (they were 23), they did not have a lot of money but made sure to put aside money every month for my siblings' and my education. There was always a huge emphasis on going to university and I am truly so lucky that by the time I was 18, my parents had saved enough to fund my full four-year degree at a university in Canada.
Utilities: I pay £77.93 in bills a month (Wi-Fi: £23.29/2 = £11.64, council tax: £103/2 = £51.50, gas/electricity: £29.58/2 = £14.79).
Savings? $5,000 CAD in checking account back home, $28,000 CAD in an investment portfolio in Canada, £20,200 in my UK bank account.
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November 21, 2020 at 02:00PM
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Money Diary: A Canadian Brand Strategist Living In London On 27k - Refinery29
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