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Blog>British Pearl

What can you buy for £100?

13 September 2018 • British Pearl

How much is £100 worth to you? It forms 15.7% of the average weekly salary for men and 19% for women in the UK. Printing a note costs just a few pence for the Bank of England but the significance of £100 can be interpreted beyond its literal monetary value. For someone who commutes long distances to work with public transport it most likely won’t last very long. However, if someone spent £100 on a gift for you, it would be £29 more than the average child’s Christmas present from their own parents. You would be surprised at what £100 can buy.

Travel

On the London tube, you could make 20 single journeys or travel between zones 2-3, 3-4, 4-5 or 5-6 for a month. Unfortunately any monthly travel including zone 1 would take you over budget. Alternatively you could spend £81.50 for a monthly bus and tram pass and have money left for a few short Uber rides. You can buy a plane ticket to Ukraine for £82 and have £18 for onboard magazines and snacks. Go on, spoil yourself.

Entertainment

Tickets for Broadway’s hottest new export, Hamilton, start at £20 but that price bracket sells out incredibly fast. You are more likely to find a pair of tickets totalling £100. Football fans can enjoy some of the best seats in the house at an Arsenal game for just under £100. Alternatively, you could enjoy up to roughly 10 visits to the cinema based on average rates.

Food

You could put your £100 towards something more practical and a week’s worth of groceries. You could buy 333 Welsh Cakes in Swansea, 27 Bakewell Tarts from Derbyshire or 6 Sunday lunches in Yorkshire. If you stay true to the stereotype of a millennial, you may want to buy 40 medium lattes or 20 portions of avocado on toast. Get a 3 course meal at the Dorchester for precisely £100 or drink five of their well-renowned cocktails. It is unconfirmed whether the hangover is included in their package.

Property

What if I told you that you could own a property for £100? Not an entire property but part of it. Why not use that £100 as an investment towards your future instead of a night out that ends with you avoiding your bank balance? £100 can get you farther than you may realise, especially with compound interest accumulated over time. It happens to be the entry point for investing on our platform. We cannot make you Richard Branson overnight unfortunately but we can provide a starting point for you to test the waters of property investment.

People have been investing in property for a very long time and they will continue to. British Pearl offers you the chance to invest in something tangible that people will always want: a roof over their head. Ready to find out more?

Sources

  1. Monster
  2. Quora
  3. Independent
  4. TFL
  5. TFL
  6. Telegraph
  7. Skyscanner
  8. Telegraph
  9. Arsenal
  10. Movie Theater Prices
  11. Workgateways
  12. The Guardian
  13. Think Money
  14. About Time Magazine
  15. Alainducasse-dorchester

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Your capital is at risk. The value of your investment can go down as well as up and you may get back less than you invest. Past performance is not a reliable guide to future performance. Your investments are not protected by the Financial Services Compensation scheme (FSCS). Forecasts are not guarantees and performance may vary. Our Resale Market opens only when investments are fully sold. Exiting early, when you want and at the price you want is not guaranteed. Risks include the total loss of your share investment or loan. Tax treatment depends on individual circumstances and may be subject to change in the future. If you are not sure about investing, seek independent, professional advice. Before investing, read our Key risks.

British Pearl ® is the trading name of British Pearl Limited (Company No. 7151774), a company authorised and regulated by the Financial Conduct Authority (Register No. 674693) and British Pearl Finance Limited (Company No. 10575280 and Register No. 770867), which is an appointed representative of British Pearl Limited. Both companies are wholly owned subsidiaries of British Pearl Group Limited (Company No. 9701436) and all are registered in England and Wales at 14th Floor, 33 Cavendish Square, London, W1G 0PW