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by nicoburns 1302 days ago
> Are there other ways to accomplish being so comfortable with, "eh, gonna be unemployed another 4-6 months and see what happens"?

Having low outgoings. While I would prefer to have income (I'm hoping to be able to buy a house at some point), I'm a single person with no dependents, and I probably spend around £1200/month in total (including rent). And that's in London - one of the most expensive cities in the world - and without putting any effort into living cheaply (I often buy groceries at the local store rather than the cheaper big supermarket for example). If I chose to live somewhere cheaper (even in the uk) that could probably be halved without completely destroying my quality of life.
1 comments
great_success 1302 days ago
This is very impressive and difficult to maintain in London. Rent for a "double" room - meaning a room in a flat/apartment or house that fits a US full or European double bed is like 900/month right now. Spending only 1200/month is very difficult to achieve. I have no idea how this is feasible. To add to rent, local stores are usually more expensive than the supermarkets.

Maybe you ought to make a masterclass on this topic.

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richardknop 1302 days ago
If you took out mortgage when interest rates were really low, it’s possible to have your own place and spend about that much per month if you live frugally (well at least until you need to remortgage in few years and rates might be much higher). If you are renting though I also finding it difficult to believe. I was spending around 1600 pounds per month and I was living very modest live, spending little and trying to save as much of my income as I could.
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nicoburns 1302 days ago
Well my rent is only £600/month which helps a lot. It's in a less popular neighbourhood, but it's still in Zone 2 with good transport links and it's very nice.
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richardknop 1302 days ago
Do you live alone or with other people and you split the rent? How much do you pay for council tax and bills? 600 is very cheap in London.
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pixiemagic 1300 days ago
There's zero chance they are living alone anywhere in London for £600, let alone zone 2.
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