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savings potential in HCMC and Hanoi?

 
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hkimball2



Joined: 11 Jul 2009
Posts: 24

PostPosted: Fri Jul 31, 2009 3:52 am    Post subject: savings potential in HCMC and Hanoi? Reply with quote

can anyone give me an idea of what the average savings in HCMC and/or Hanoi is like for a new teacher w/ a CELTA & a university degree?

in looking for similar answers when asking about thailand, it seems to be ZERO.. this scares me a bit and makes me question my decision of going to thailand to teach..

thanks Smile
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shanewarne



Joined: 21 Feb 2008
Posts: 146

PostPosted: Fri Jul 31, 2009 4:40 am    Post subject: Reply with quote

It depends on the individual and what you are prepared to sacrifice. But based on a monthly average income of $1600, I would say;

If you're someone who likes to party everynight - very little

If you get a vietnamese girlfriend - very little

If you only go out at the weekends - moderate

If you only eat western food - very little/zero

If you live in a modern apartment or room in and around the city centre - very little
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Green Acres



Joined: 06 May 2009
Posts: 260

PostPosted: Fri Jul 31, 2009 9:18 am    Post subject: Reply with quote

The only real difference is that in Thailand, you must actually pay money to work there, and in Vietnam, one can break even pretty easily.

If your family has two paychecks, you can do well. Some people have been here a long while, found gainful employment and positions, and they are doing well.

One does not wander into such positions, unfortunately. Unless you live like a hermit, and there are a few who do, breaking even is the goal!!!
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eclectic



Joined: 09 Nov 2006
Posts: 1122

PostPosted: Sat Aug 08, 2009 2:36 pm    Post subject: Reply with quote

greenacres hit the screw on the thread! Why, unless one is an under-30 type of beatnik sniffing for tricks, would anybody want to just break even in V, let alone PAY to live in Thailand?
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withaciderinsideyer



Joined: 22 Aug 2009
Posts: 33

PostPosted: Tue Aug 25, 2009 7:30 am    Post subject: Reply with quote

i hear differing reports about this all the time

some say you can save a heap

some say nothing at all

which is it, honestly ???
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AJR



Joined: 29 Jun 2009
Posts: 6

PostPosted: Tue Sep 08, 2009 8:00 pm    Post subject: Reply with quote

My interest in surplus income is merely to send a few hundred back home every month for credit card bills/ debt service. I am sure there is a work around, maybe paypal? Does anyone know exactly if remittances are permitted?
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inky



Joined: 05 Jan 2009
Posts: 283
Location: Hanoi

PostPosted: Wed Sep 09, 2009 12:57 am    Post subject: Reply with quote

It's very easy to send money from Vietnam back to your home country if you have an account in VN with a bank such as ANZ or HSBC. There are fees, of course, but the transfer is quick and simple.
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AJR



Joined: 29 Jun 2009
Posts: 6

PostPosted: Wed Sep 09, 2009 3:10 am    Post subject: Reply with quote

Sweet.
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