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Is this salary enough?

 
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powderfinger303



Joined: 14 Nov 2006
Posts: 28

PostPosted: Thu Jan 22, 2009 6:02 am    Post subject: Is this salary enough? Reply with quote

Hi, I have never spent much time in Hong Kong but will be accepting a job there. The offer is around 30K/month for salalry and about 7k/month for housing. These numbers are before tax.

Is this enough to both live and save? I am a pretty frugal person, I don't need a full-on expat lifestyle by any stretch. The school is located in the New Territories.

Any advice/info would be appreciated.

Thanks
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Honky Nick



Joined: 20 Sep 2006
Posts: 113
Location: Hong Kong

PostPosted: Thu Jan 22, 2009 7:38 am    Post subject: Reply with quote

Hi Powderfinger,

Love your music. Yep, 37k is plenty to live off. You should be able to live pretty well, and if you're frugal, you should save more than 10K per month, I'd reckon.
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Serious_Fun



Joined: 28 Jun 2005
Posts: 1171
Location: terra incognita

PostPosted: Sat Jan 24, 2009 8:47 am    Post subject: Re: Is this salary enough? Reply with quote

powderfinger303 wrote:
Is this enough to both live and save?



Yes, 37K will provide for a comfortable life for a single person in the NT, with enough left over for saving.

If you are frugal, then you may be able to save more than 15K per month!

Cool
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powderfinger303



Joined: 14 Nov 2006
Posts: 28

PostPosted: Sun Jan 25, 2009 6:38 pm    Post subject: Reply with quote

Thanks for the replies. Much appreciated.
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