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Possible to save in China?
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fitzgud



Joined: 24 Jan 2006
Posts: 148
Location: Henan province

PostPosted: Mon Mar 19, 2007 8:50 am    Post subject: Reply with quote

sheeba wrote

After a shower, my wife makes me use a hand towel to dry on. At first I couldn't understand why; but when you come to WASH a bath towel by hand I can see the logic in her thinking. Also your skin dries quickly once the surface water has been wiped off, so using a small towel is a "cultural" thing.


I am sure your dear wife must indeed take great pride in her rough, red, and gnarled housework hands. Indeed after spending a cold winters day up to the elbows in a pale of cold water, trimming her nails on the rubbing board, perfuming her hands on that hard block of carbolic soap that you have told her to use sparingly, as it has to last the whole of this year. Her smile must be to behold as she welcomes you home, after your day of toil.

Buy the lady a washing machine you bounder.

Now if I could work out how to use this fangled quote function.

Please do not offer me sympathy, as I know I will find it in the dictionary betwixt s_hit and syphilis.
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wailing_imam



Joined: 31 Mar 2006
Posts: 580
Location: Malaya

PostPosted: Mon Mar 19, 2007 10:49 am    Post subject: Reply with quote

Shanghai salary 16,000 a month. I save 10,000RMB each month, without blinking an eyelid. The key? Don't work for the locals!
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mondrian



Joined: 20 Mar 2005
Posts: 658
Location: "was that beautiful coastal city in the NE of China"

PostPosted: Mon Mar 19, 2007 10:53 am    Post subject: Reply with quote

fitzgud wrote:
sheeba wrote

After a shower, my wife makes me use a hand towel to dry on. At first I couldn't understand why; but when you come to WASH a bath towel by hand I can see the logic in her thinking. Also your skin dries quickly once the surface water has been wiped off, so using a small towel is a "cultural" thing.


I am sure your dear wife must indeed take great pride in her rough, red, and gnarled housework hands. Indeed after spending a cold winters day up to the elbows in a pale of cold water, trimming her nails on the rubbing board, perfuming her hands on that hard block of carbolic soap that you have told her to use sparingly, as it has to last the whole of this year. Her smile must be to behold as she welcomes you home, after your day of toil.

Buy the lady a washing machine you bounder.

Now if I could work out how to use this fangled quote function.

Please do not offer me sympathy, as I know I will find it in the dictionary betwixt s_hit and syphilis.


We bought a washing machine when we first got married and there it sits in our bathroom in pristine condition: lovingly polished and unused. The reason for not using it: it uses too much electricity, water and expensive soap powder. She is the product of her mother's education and there is nothing I can do to change this without a fight on my hands (and then it is 2 vociferous Chinese women against one reticent English gentleman).
She is HAPPY (I think) to scrub and screw the wet clothes into dryness! She is fulfilling her destiny!
(I will also point out that she controls the money, so there is no sneaking out with my dirty laundry to the nearest dry cleaners, which I did before we got married!)
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no_exit



Joined: 12 Oct 2004
Posts: 565
Location: Kunming

PostPosted: Mon Mar 19, 2007 6:11 pm    Post subject: Reply with quote

The problem with saving is that, even though it can be done, when you take your savings and convert it back to your own currency, it often doesn't amount to much. 10,000 RMB sounds like a lot, but how far does it go when you take your savings back home and it's divided by 6, or 8, or even 10? Saving isn't impossible, but unless you're making enough to save, say, at least 5000RMB a month, then your savings will seem sort of worthless if you want to use them back home. Of course, if you want to stay in China, saving up 30,000-50,000 RMB could get you a deposit on your very own apartment, so it is all relative isn't it? But if you really want to save enough money for it to actually make a difference to you when you go back home, you're probably better off in Korea.
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Mosley



Joined: 17 Jan 2003
Posts: 158

PostPosted: Thu Mar 22, 2007 2:02 am    Post subject: Japan, Korea, China Reply with quote

Take it from a guy who's taught in Japan, S. Korea & China: if saving cash is numero uno in your mind, then Korea, for all its faults, wins hands down. A compromise might be Taiwan, where you can still experience "China"(ha, ha) and save decent enough dough(from what I've heard).
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cj750



Joined: 27 Apr 2004
Posts: 3081
Location: Beijing

PostPosted: Thu Mar 22, 2007 2:43 am    Post subject: Reply with quote

if t is possible to save 1k per mnth..then at 12k USD per year..you would be saving more than most do back on the block...
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nickpellatt



Joined: 08 Dec 2006
Posts: 1522

PostPosted: Thu Mar 22, 2007 6:08 am    Post subject: Reply with quote

It would be hard for me to save anything that would be worth taking home...my salary is much lower than those mentioned here....I think this is typical in Hainan, so it will depend on where you are I guess.

The flipside is cost of living is incredibly low, although I havent been to the mainland so i cant compare.

A big factor in my eyes, is in making life happy here....if you want to travel, and enjoy a few comforts from home often...saving is harder.

Many of the students here, budget for 10 rmb per day...so I could live like that and save the rest in theory....
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jammish



Joined: 17 Nov 2005
Posts: 1704

PostPosted: Sat Mar 24, 2007 10:51 pm    Post subject: Reply with quote

The question comes down to how western you want to live. If you want to prop up your local expat bar each weekend, regularly eat out at western restaurants, buy imported western foods, attend decent english-language cinemas, go bowling, go to a decent swimming pool, then you could quite comfortably get through 10,000 per month without breaking sweat.

On the other hand, if you eat chinese etc, then you can save lots of money even on 5000 a month.
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jammish



Joined: 17 Nov 2005
Posts: 1704

PostPosted: Sat Mar 24, 2007 10:58 pm    Post subject: Reply with quote

no_exit wrote:
The problem with saving is that, even though it can be done, when you take your savings and convert it back to your own currency, it often doesn't amount to much. 10,000 RMB sounds like a lot, but how far does it go when you take your savings back home and it's divided by 6, or 8, or even 10? Saving isn't impossible, but unless you're making enough to save, say, at least 5000RMB a month, then your savings will seem sort of worthless if you want to use them back home. Of course, if you want to stay in China, saving up 30,000-50,000 RMB could get you a deposit on your very own apartment, so it is all relative isn't it? But if you really want to save enough money for it to actually make a difference to you when you go back home, you're probably better off in Korea.


Then again, I save around 7000 of my 10,500 salary (while looking after wife and baby) which is a lot more than I, and many other young families, are able to save in the UK. 6000 pounds in a year is by no means 'worthless'!

A deposit on a flat in China though is more like 150,000 btw.
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mondrian



Joined: 20 Mar 2005
Posts: 658
Location: "was that beautiful coastal city in the NE of China"

PostPosted: Sun Mar 25, 2007 12:04 am    Post subject: Reply with quote

jammish wrote:
Then again, I save around 7000 of my 10,500 salary (while looking after wife and baby) which is a lot more than I, and many other young families, are able to save in the UK. 6000 pounds in a year is by no means 'worthless'!

A deposit on a flat in China though is more like 150,000 btw.


Precisely!
7000x12x2= 1 Flat deposit!
Actually for 300,000 you can BUY quite a reasonable place in the suburbs of most cities here, so: 7000x12x4 = your own flat.

Now in the UK.......................
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jammish



Joined: 17 Nov 2005
Posts: 1704

PostPosted: Sun Mar 25, 2007 3:34 am    Post subject: Reply with quote

mondrian wrote:
jammish wrote:
Then again, I save around 7000 of my 10,500 salary (while looking after wife and baby) which is a lot more than I, and many other young families, are able to save in the UK. 6000 pounds in a year is by no means 'worthless'!

A deposit on a flat in China though is more like 150,000 btw.


Precisely!
7000x12x2= 1 Flat deposit!
Actually for 300,000 you can BUY quite a reasonable place in the suburbs of most cities here, so: 7000x12x4 = your own flat.

Now in the UK.......................


Yes, even in Wuhan on 5500, when I added in my sunday morning extras/kindergarten extras, i wasn't saving far off 7000 a month.
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7969



Joined: 26 Mar 2003
Posts: 5782
Location: Coastal Guangdong

PostPosted: Sun Mar 25, 2007 4:08 am    Post subject: Reply with quote

jammish wrote:
Yes, even in Wuhan on 5500, when I added in my sunday morning extras/kindergarten extras, i wasn't saving far off 7000 a month.

do you mean you saving nearly 7000 a month, or you werent saving nearly 7000 a month? Very Happy
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eslstudies



Joined: 17 Dec 2006
Posts: 1061
Location: East of Aden

PostPosted: Sun Mar 25, 2007 4:17 am    Post subject: Reply with quote

7969 wrote:

do you mean you saving nearly 7000 a month, or you werent saving nearly 7000 a month? Very Happy


You guys have been in China too long. Time for a language refresher back home, methinks.
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jammish



Joined: 17 Nov 2005
Posts: 1704

PostPosted: Sun Mar 25, 2007 4:59 am    Post subject: Reply with quote

eslstudies wrote:
7969 wrote:

do you mean you saving nearly 7000 a month, or you werent saving nearly 7000 a month? Very Happy


You guys have been in China too long. Time for a language refresher back home, methinks.


Don't be a twit, colin.
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jammish



Joined: 17 Nov 2005
Posts: 1704

PostPosted: Sun Mar 25, 2007 5:00 am    Post subject: Reply with quote

7969 wrote:
jammish wrote:
Yes, even in Wuhan on 5500, when I added in my sunday morning extras/kindergarten extras, i wasn't saving far off 7000 a month.

do you mean you saving nearly 7000 a month, or you werent saving nearly 7000 a month? Very Happy


I mean that the amount I was saving wasn't far off 7000. Probably about 6500.
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