4 Ways to Make a Living in London
- 23 May 2023
London is one of the most amazing places on the planet. England’s capital is an endless sea of historicalsights, gastronomic delights, and attractions to suit all tastes. Add in excellent transport links, and this city is one of the best to live and work.
It is also expensive – and that’s an understatement.
Research reveals that, for a single person to live in London, it costs £2,892 ($3,605) per month on average. This means if you want to reside in the capital, you have to earn a sizeable paycheck.
If you’re wondering how to turn this into reality and are looking beyond the standard 9-to-5, below are four ways to make a living in London.
1. Start a business
Although it will typically require ample investment initially, and it might take some time before you generate a profit, starting a business is one of the best ways to succeed in London. The competition can be tough if you opt for a local business idea, but London’s size and population density also means there’s a large number of potential customers up for grabs.
Even if you’re targeting a global clientele, there’s added prestige with a London-based company. Look at centrally located offices in London Bridge as an example. An office in this location makes it an excellent base for those in the city to easily reach you. Furthermore, if you have clients flying into London, they won’t just be impressed by your modern premises – they’ll also appreciate only needing to stay in a hotel around the corner.
2. Become an interpreter
If you are fluent in another language, this can instantly open doors to interpreter roles in London. The city isn’t just a hub for tourists visiting from across the world but also for government officials, business professionals, embassy representatives, and so on. The result: from hotels to government bodies, many entities in London seek help from interpreters.
Obviously, the more languages you speak, the better.
3. Drive with Uber
It’s not for everyone, but plenty of transport and delivery jobs are available in London. This is the case if you opt to drive with Uber. There are currently over 45,000Uber private hire drivers operating in London.
One of the main benefits of working for Uber is the flexibility it offers. You have control over your hours, meaning you can decide what time to work and take a day or two off for whatever reason without being reprimanded.
4. Provide tourist experiences
You know that London is a tourist hotbed. Well, one way to make money in the capital is to take advantage of this situation. With the right approach, it is possible to monetize these tourists and earn a healthy wage in the process.
One of the easiest ways to do this is with a tour of some kind. For example, this could be around specific historical sites, or you may decide to set up a food tour. You’ll need expert knowledge in your chosen subject and natural charisma, but tours – particularly in London – can be a money-spinner when marketed well and done right.