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Uni. vs. full-time: Best way to earn and save
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Javelin of Radiance



Joined: 01 Jul 2009
Posts: 1187
Location: The West

PostPosted: Sun Jun 02, 2013 11:01 am    Post subject: Reply with quote

DirtGuy wrote:
What currency are you talking about? Y20K is a piece of cake anywhere. $20K is a lot harder but certainly not impossible. Perhaps in a small place where I am $20K may be impossible but in a large city or doing IELTS such an amount is attainable.

Are you saying earning 20,000元 a month is a piece of cake anywhere?
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Voyeur



Joined: 03 Jul 2012
Posts: 431

PostPosted: Sun Jun 02, 2013 11:05 am    Post subject: Reply with quote

i meant save 20k dollars a year
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Javelin of Radiance



Joined: 01 Jul 2009
Posts: 1187
Location: The West

PostPosted: Sun Jun 02, 2013 11:12 am    Post subject: Reply with quote

I think I misunderstood Dirtguy's message. $20,000 in yearly savings is possible at a university job but you'd have to work a steady part time job for the entire year and save most of your salary to achieve that. Don't think it would be much fun. $10,000 is more doable. Saving half your salary could give you $5000 and working 4-8 extra hours a week could make up another $5000.
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Voyeur



Joined: 03 Jul 2012
Posts: 431

PostPosted: Sun Jun 02, 2013 11:32 am    Post subject: Reply with quote

How important is location in terms of extra savings/earning potential? It seems like a balancing act, as the locations with more income potential tend to have a higher cost of living (as well as more temptations), while the more remote locations make it easier to save but harder to earn.
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Javelin of Radiance



Joined: 01 Jul 2009
Posts: 1187
Location: The West

PostPosted: Sun Jun 02, 2013 11:41 am    Post subject: Reply with quote

I live in a second or maybe even third tier city now. Before this I lived in one of the major cities on the coast. I save just as much now as I did before. I don't drink or smoke and cook most of my own food. Other than rent (which I've never paid for since arriving in China), the cost of living isn't much different from city to city. But if you take taxis everywhere, eat out at places like Outback Steakhouse or Subway and hit the expat bars 2-3 nights a week, which many people do, then your money starts disappearing fast.

Even in smaller cities there's part time work to be had. Fewer foreigners as well. It all balances out somehow.
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tsinita



Joined: 12 Mar 2013
Posts: 3

PostPosted: Sun Jun 09, 2013 7:54 am    Post subject: Reply with quote

Voyeur wrote:
How much do you think an experienced teacher (but new to China) could save in China if he went for a typical uni. job + privates? I mean if he was willing to go all-out and work as much as he could?



i've been here for 8 years. i've learned the ropes of mixing a uni full time job with side jobs ( i seldom do privates). i now earn 18k, sometimes more a month with all perks taken cared of by my uni. time management is the key. be available to help Chinese friends set up their training schools and you'll not run out of side jobs. i don't encourage you to be a partner, though. just give the classes and be paid upfront. You can command your price because of goodwill. let them do the business especially if you're not planning to stay for long.
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Voyeur



Joined: 03 Jul 2012
Posts: 431

PostPosted: Tue Jun 11, 2013 11:59 pm    Post subject: Reply with quote

What is the distinction between side jobs and privates? Are side jobs a problem with your main employer or the police?

Any recommendations on location tsinita?
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tsinita



Joined: 12 Mar 2013
Posts: 3

PostPosted: Sat Jun 15, 2013 11:05 am    Post subject: Reply with quote

Voyeur wrote:
What is the distinction between side jobs and privates? Are side jobs a problem with your main employer or the police?

Any recommendations on location tsinita?


By privates i mean classes organized by you while side jobs are classes you give at other schools/ training centers etc. I never encountered problems be it with my uni or the police. I was lucky to be in unis which tolerated me and even helped me get part time jobs.

I'm at a capital city in the northwest. 1k/month for food is is enough ( i live alone).
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GreatApe



Joined: 11 Apr 2012
Posts: 582
Location: South of Heaven and East of Nowhere

PostPosted: Thu Jun 20, 2013 12:58 am    Post subject: Reply with quote

Voyeur wrote:
Quote:
How important is location in terms of extra savings/earning potential? It seems like a balancing act, as the locations with more income potential tend to have a higher cost of living (as well as more temptations), while the more remote locations make it easier to save but harder to earn.

I'd say it's very important. This is certainly the case in Guangdong, especially in cities like Shenzhen and Guangzhou where the salaries are higher, but so is food and rent, and you're surrounded by a lot more things to do. What's more, many job offers in cities such as these don't provide full contractual or salary coverage in terms of what is actually needed to rent a good apartment.

On the other hand, Guangdong province also has a lot of "pockets" where you're fairly surrounded by more expensive places to live, but where the cost of living in that particular area is still relatively low. These "pockets" are typically smaller tier cities or smaller districts (towns) in larger cities (Dongguan is one example).

--GA
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