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aridion
Joined: 30 Aug 2010 Posts: 55
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Posted: Sat Mar 10, 2012 10:00 am Post subject: Best Countries to save cash? |
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Which, in your opinion are the best countries to save cash in? I am thinking Saudi Arabia and some other ME countries. Anywhere else folks? |
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tttompatz

Joined: 06 Mar 2010 Posts: 1951 Location: Talibon, Bohol, Philippines
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Posted: Sat Mar 10, 2012 12:18 pm Post subject: Re: Best Countries to save cash? |
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aridion wrote: |
Which, in your opinion are the best countries to save cash in? I am thinking Saudi Arabia and some other ME countries. Anywhere else folks? |
Depends on your qualifications.
Green as grass and new to teaching then go to Korea.
Got a related masters and want to teach at the tertiary level then the ME.
Got teacher certification and ac couple years in the classroom then a decent international or bilingual school just about anywhere on the planet.
No degree, got your shiny new 30 day TEFL cert then it will be tough to find anyplace that will pay enough to cover your setup and airfare.
Got a degree, a year or two in the classroom, some street smarts and at least the wherewithal that Ghod gave to green apples then head for China.
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aridion
Joined: 30 Aug 2010 Posts: 55
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Posted: Sat Mar 10, 2012 1:39 pm Post subject: |
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Quote: |
Got teacher certification and ac couple years in the classroom then a decent international or bilingual school just about anywhere on the planet. |
That's where I stand, bar the few years teaching experience. The best package I have been offered has been in the ME. However, I do have an interview for aschool in Thailand coming up soon. |
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nomad soul

Joined: 31 Jan 2010 Posts: 11454 Location: The real world
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aridion
Joined: 30 Aug 2010 Posts: 55
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Posted: Sat Mar 10, 2012 7:24 pm Post subject: |
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Thank you Nomad Soul. |
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EFLeducator

Joined: 16 Dec 2011 Posts: 595 Location: NONE OF YOUR BUSINESS
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Posted: Sat Mar 10, 2012 11:18 pm Post subject: Re: Best Countries to save cash? |
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aridion wrote: |
Which, in your opinion are the best countries to save cash in? I am thinking Saudi Arabia and some other ME countries. Anywhere else folks? |
The Middle East
South Korea
Japan |
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johntpartee
Joined: 02 Mar 2010 Posts: 3258
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Posted: Sun Mar 11, 2012 12:01 am Post subject: |
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China, if you have a university position. (Housing provided.) |
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rayman
Joined: 24 May 2003 Posts: 427
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Posted: Sun Mar 11, 2012 12:14 am Post subject: |
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Quote: |
Got teacher certification and ac couple years in the classroom then a decent international or bilingual school just about anywhere on the planet.
That's where I stand, bar the few years teaching experience. The best package I have been offered has been in the ME. However, I do have an interview for aschool in Thailand coming up soon. |
With teacher certification and no classroom experience, international schools in China would be your best bet. There are so many of them opening up everywhere and students pay big fees, but the often undesirable location and sheer number of them make it difficult for many to hire qualified teachers with experience. At a run of the mill school such as Utahloy you'd be making around $40 000/year with free accommodation, food, travel etc. Plus there's less temptation to spend money in China, although admittedly not as little as the ME. If you were focussed on saving, there's no reason why you couldn't pocket US$25000/year. |
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aridion
Joined: 30 Aug 2010 Posts: 55
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Posted: Sun Mar 11, 2012 9:31 am Post subject: |
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^ Thank you Rayman. I am currently in the process of sending all my documents away to a school in Saudi.
I tried a few Chinese Schools, but haven't had a response yet. |
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rayman
Joined: 24 May 2003 Posts: 427
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Posted: Sun Mar 11, 2012 9:56 am Post subject: |
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No worries, good luck. I find the biggest obstacle to saving money as a teacher in an international school is budgeting during the holiday period. With 3 months break per year, it's those times when you can easily spend up big. Manage that issue and you can save a bundle. |
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Christian St.Bacon
Joined: 26 Oct 2011 Posts: 54
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Posted: Sun Mar 11, 2012 1:17 pm Post subject: Want to save as much as possible.......... |
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try Zimbabwe....
$100 Trillion notes ($100,000,000,000,000) are easy to earn
Shukran 'no need for overtime' very much
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naturegirl321

Joined: 04 May 2003 Posts: 9041 Location: home sweet home
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Posted: Mon Mar 12, 2012 7:28 am Post subject: |
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Depends on salary and cost of living. I'm looking at moving from Korea to Vietnam or China. I'll be making the same. The lower cost of living means that I can save more and still afford a maid / nanny / cook |
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Iceman33
Joined: 08 Nov 2009 Posts: 91
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Posted: Wed Mar 21, 2012 12:27 am Post subject: |
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Some countries in the Middle East
South Korea
Japan
You can sometimes live well in poorer countries like Thailand, Indonesia, China, etc., but once your money is converted into US dollars, it's nada.
I've heard some not so good things about the pay for EFL teachers in South America (in general terms). Turkey and Russian don't seem so hot, either, although I knew someone who told me that they managed to save a little in the latter (particular case, lol). |
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tttompatz

Joined: 06 Mar 2010 Posts: 1951 Location: Talibon, Bohol, Philippines
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Posted: Wed Mar 21, 2012 12:56 am Post subject: |
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Iceman33 wrote: |
Some countries in the Middle East
South Korea
Japan
You can sometimes live well in poorer countries like Thailand, Indonesia, China, etc., but once your money is converted into US dollars, it's nada.
I've heard some not so good things about the pay for EFL teachers in South America (in general terms). Turkey and Russian don't seem so hot, either, although I knew someone who told me that they managed to save a little in the latter (particular case, lol). |
While that may be true at the entry level the chance to save is pretty decent once you get above that.
(get a job paying 50-60k (or better) in Thailand and your savings are easily on the order of US$15k+ per year.
Again, a typical newbie mistake (even if you aren't a newbie) - comparing base salaries rather than SAVINGS and quality of living AND decent savings ARE possible in poorer countries like China, Thailand and Indonesia (I dare say that there are more than a few teachers saving more in Thailand than their counterparts in the US after costs of living are factored in).
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isitts
Joined: 04 Jun 2010 Posts: 193 Location: Korea
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Posted: Wed Mar 21, 2012 1:53 pm Post subject: |
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You guys bolstering China may want to look at the China forums. |
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