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naturegirl321

Joined: 04 May 2003 Posts: 9041 Location: home sweet home
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Posted: Sat Nov 29, 2008 2:00 pm Post subject: |
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| Guy Courchesne wrote: |
| Newbies can't save a great deal in Mexico, but for the qualified, you can do quite well here. My significant other and I have managed to save about 15,000 dollars over the last 6 months, with effort though as we're buying a house in the new year. |
Wow, that's great. Hope that houses there are cheaper than Lima. Here, no kidding, a house is about a quarter of a million dollars and super nice ones are about half a million. Another reason why we'll be moving to the provinces. |
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parrothead

Joined: 02 Nov 2003 Posts: 342 Location: Japan
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Posted: Mon Dec 01, 2008 4:09 am Post subject: |
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| Guy Courchesne wrote: |
| Newbies can't save a great deal in Mexico, but for the qualified, you can do quite well here. My significant other and I have managed to save about 15,000 dollars over the last 6 months, with effort though as we're buying a house in the new year. |
Wow, that is some amazing peso pinching. And yet you still have a little left over for that fantastic Christmas tree in your avatar.
Thesedays in Japan I save $1500USD a month on average. It's not that hard if you don't eat out too often and cut back on the alcohol. Though unfortunately no Christmas tree either. |
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Guy Courchesne

Joined: 10 Mar 2003 Posts: 9650 Location: Mexico City
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Posted: Mon Dec 01, 2008 5:22 am Post subject: |
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| Costs are really low in Mexico so it's not hard to save, if you're networked and qualified. We're two doing the same, so it's easier to save here. We eat out, but not all that often. Cooking at home makes thing really cheap too. We try to keep trips to Canada or the beach down to 3 or 4 times a years in order to save. |
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yankeechemist
Joined: 27 Apr 2007 Posts: 50
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Posted: Tue Dec 23, 2008 2:43 pm Post subject: |
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| I get a kick out of people who brag they win when they hit vegas. Losing 3k a yr for 10 yrs and hitting for 4k once is not a win in my math world. |
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sharter
Joined: 25 Jun 2008 Posts: 878 Location: All over the place
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Posted: Thu Dec 25, 2008 10:12 am Post subject: Rotations |
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Rotations are the best gig in EFL. They are mostly with oil companies and increasingly in Africa and not the Middle East.
I work 6 on, 3 off and earn a good crust. I've been doing this kind of thing for ages on and off.
18 weeks holiday a year with enough money to go anywhere, do anything and still not run up any debts.
Libya and Equatorial Guinea are 2 hiring spots.
These posts aren't for everyone though. |
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alexcase
Joined: 26 Jul 2007 Posts: 215 Location: Seoul
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Posted: Tue Dec 30, 2008 12:19 pm Post subject: |
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The EL Gazette recommends Libya for saving more even than Saudi but having much friendlier people. Might mean being on an oil rig though
TEFLtastic blog - www.tefl.net/alexcase |
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Mena
Joined: 02 Jan 2009 Posts: 19 Location: California
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Posted: Mon Jan 05, 2009 7:51 am Post subject: |
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| Great thread! |
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Samwise
Joined: 21 Dec 2008 Posts: 13
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Posted: Fri Jan 09, 2009 9:33 pm Post subject: |
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| Yeah, this has really put it all into perspective. I know a lot of student loans given to US students contain a forgiveness package, IE, you teach a few years and they drop a few percents off. Does any of that apply to ESL taught outside the States? |
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Justin Trullinger

Joined: 28 Jan 2005 Posts: 3110 Location: Seoul, South Korea and Myanmar for a bit
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Posted: Fri Jan 09, 2009 9:48 pm Post subject: |
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| Yeah, this has really put it all into perspective. I know a lot of student loans given to US students contain a forgiveness package, IE, you teach a few years and they drop a few percents off. Does any of that apply to ESL taught outside the States? |
Nope. I think they do this to encourage people to go into teaching in the US, where they're badly needed...
They may be badly needed overseas, too, but I don't think the US government feels any need to pay for it.
If you want to do something overseas and get some student loan credit for it, look into the peacecorps. (Or so I hear. I don't know first hand...)
Best,
Justin |
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Chirimolla
Joined: 12 Dec 2008 Posts: 6 Location: Yorkshire, England
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Posted: Sun Feb 01, 2009 12:59 am Post subject: |
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If your from the UK, the currency situation is very good at the moment. The pound has plummetted, so depending on where you are teaching, now could be a good time to pay off some student debt.
My stepbrother is on Japan's JET programme at the moment, and doing very well out of it indeed. The Yen has always been considered a safehaven currency, so earnings in yen are worth a lot when converted back into pounds. |
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naturegirl321

Joined: 04 May 2003 Posts: 9041 Location: home sweet home
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Posted: Sun Feb 01, 2009 2:24 am Post subject: |
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| Samwise wrote: |
| Yeah, this has really put it all into perspective. I know a lot of student loans given to US students contain a forgiveness package, IE, you teach a few years and they drop a few percents off. Does any of that apply to ESL taught outside the States? |
No, but you could apply for economic hardship and put your loans on hold for a bit |
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Theriel
Joined: 22 Apr 2003 Posts: 26 Location: Helsinki, Finland
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Posted: Tue Feb 03, 2009 8:46 am Post subject: |
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Well, if you want to do something else than teaching, I know a get-rich-quick scheme that will work out. But i really doubt anyone here is willing
In Svalbard, an island quite a bit north of Norway, they hire coal miners.
Disadvantages: minimum contract is I think 2 years, you're in Svalbard, one of the closest inhabitated areas to the north pole (ie you won't see the sun from the end of October until Mid February, at all), and you get to deal with all the problems associated with coal mining.
Advantages: Don't need a visa to work there, and they pay around 80-100,000 NOK per month. That's around 11,000 euros, and tax free. Probably the highest paid basic labor jobs in the world.
I guarantee you'll save money. Wonder if there will be any takers though
Don |
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sharter
Joined: 25 Jun 2008 Posts: 878 Location: All over the place
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Posted: Wed Feb 04, 2009 10:17 am Post subject: ha ha |
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I'd do it.
What skills do you need and what's the email address? PM me. |
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MELEE

Joined: 22 Jan 2003 Posts: 2583 Location: The Mexican Hinterland
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Posted: Wed Feb 04, 2009 7:55 pm Post subject: |
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I'll back up Guy on this one, with the right quals and a bit of luck you can live well on TEFL.
Edited, because I forgot to say, in Mexico, at the end.
My favorite perk, paid sabbaticals with no strings as to how you spend it.
Last edited by MELEE on Wed Feb 04, 2009 9:50 pm; edited 1 time in total |
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Never Ceased To Be Amazed

Joined: 22 Oct 2004 Posts: 3500 Location: Shhh...don't talk to me...I'm playin' dead...
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Posted: Wed Feb 04, 2009 8:17 pm Post subject: |
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| Theriel wrote: |
Well, if you want to do something else than teaching, I know a get-rich-quick scheme that will work out. But i really doubt anyone here is willing
In Svalbard, an island quite a bit north of Norway, they hire coal miners.
Disadvantages: minimum contract is I think 2 years, you're in Svalbard, one of the closest inhabitated areas to the north pole (ie you won't see the sun from the end of October until Mid February, at all), and you get to deal with all the problems associated with coal mining.
Advantages: Don't need a visa to work there, and they pay around 80-100,000 NOK per month. That's around 11,000 euros, and tax free. Probably the highest paid basic labor jobs in the world.
I guarantee you'll save money. Wonder if there will be any takers though
Don |
Yeah, but at what cost to your liver???
NCTBA |
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