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Zero



Joined: 08 Sep 2004
Posts: 1402

PostPosted: Mon Feb 14, 2011 3:13 pm    Post subject: Reply with quote

I look at it this way:

-Doing EFL after first doing something else -- as easy as falling off a log.

-Doing something else after first doing EFL -- not so easy.

When you're young, you think it's going to be relatively simple to go back later and get an MBA, law degree, etc. and get into something else. It's not. It can be cost-prohibitive under the best of circumstances. If you have kids or other family responsibilities, much harder. And once you have the degree, not everyone wants to hire a freshly graduated (insert whatever "serious" career you want to put here) who is 34 or 39 or 52 years old with no experience except EFL. You're older than the other "no experience" candidates, and the competitors your age have experience.

The rat race is a lot easier to get out of than to get into!
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jimmy86



Joined: 14 Feb 2010
Posts: 5

PostPosted: Tue Feb 15, 2011 2:15 am    Post subject: Reply with quote

First off, I'd like to thank everyone for their great insight and advice. You guys really are a wealth of knowledge. I'm sorry if I gave off the impression that I wasn't very interested in teaching, that couldn't be further from the truth. Both my siblins are teachers here in america, a route I would be interested in myself but its almost impossible to get hired as a teacher here now. The same thing goes with business jobs, it seems the only jobs out there now are dead end sales jobs or retail. I had a scholarship and worked during school so I have no loans. I have another question, it seems like money is a common complaint amongst everybody, which I can understand if your working in western europe or japan but in a lot of the third world countries/regions (south east asia, latin america, eastern europe) aren't you guys paid similar to what locals are paid? Can't you eventually learn the language, get permanent residency, buy a home etc in a low cost of living country and assimilate there and live a middle class lifestyle?
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spiral78



Joined: 05 Apr 2004
Posts: 11534
Location: On a Short Leash

PostPosted: Tue Feb 15, 2011 2:28 am    Post subject: Reply with quote

I have another question, it seems like money is a common complaint amongst everybody, which I can understand if your working in western europe or japan but in a lot of the third world countries/regions (south east asia, latin america, eastern europe) aren't you guys paid similar to what locals are paid? Can't you eventually learn the language, get permanent residency, buy a home etc in a low cost of living country and assimilate there and live a middle class lifestyle?

I dunno anything about other regions, but I can speak for Central/Eastern Europe on this.

Locals are:
1. Mostly living in housing that costs FAR less than what an expat will pay (it's in the family or subsidised by governments in ways that expats are not eligible for) - and housing alone can take up as much as 50 percent of a salary. Not conducive to savings.
2. Not usually living in single-income families - as an expat English teacher mostly will be. Again, not conducive to savings.
3. Permanent residency isn't an option in many situations short of marrying a local (which may happen, but not something one can bank on, obviously).
4. Buying a home in these regions requires substantial cash up front - it's not like North America, where a 5 or 10 percent down payment suffices - you often need to pay FAR more up front to get a mortgage. Requires savings, obviously.

Seriously, I have friends living in Central/Eastern Europe for whom buying a bike, never mind a car, after several years of work in the region, is still a major investment.

It's not all gloom and doom, but I seriously suggest that newbies DO NOT take for granted a middle-class lifestyle in Central/Eastern Europe. It might be do-able, given very good local connections, but it's NOT so easy as to be something to count upon.
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Justin Trullinger



Joined: 28 Jan 2005
Posts: 3110
Location: Seoul, South Korea and Myanmar for a bit

PostPosted: Tue Feb 15, 2011 2:31 am    Post subject: Reply with quote

Quote:
Can't you eventually learn the language, get permanent residency, buy a home etc in a low cost of living country and assimilate there and live a middle class lifestyle?


Well, sure. But then what would we have to moan about? Wink

Seriously, it depends on your goals and the particular country you choose. A lot of my friends in Ecuador did exactly that. Visas and/or residency can be harder to come by in some places than others, of course. BUt then, you can marry a local...

Best,
Justin
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TeresaLopez



Joined: 18 Apr 2010
Posts: 601
Location: Mexico City

PostPosted: Tue Feb 15, 2011 3:16 am    Post subject: Reply with quote

spiral78 wrote:
I have another question, it seems like money is a common complaint amongst everybody, which I can understand if your working in western europe or japan but in a lot of the third world countries/regions (south east asia, latin america, eastern europe) aren't you guys paid similar to what locals are paid? Can't you eventually learn the language, get permanent residency, buy a home etc in a low cost of living country and assimilate there and live a middle class lifestyle?


Actually in Mexico, English teachers make more than Mexican teachers with similar credentials (or even with better credentials), but the problem I see with a lot of teachers is that they want to live a first world lifestyle in a third world country, which costs more than it does in the US/Canada/etc.
You can easily live a middle class Mexican lifestyle on what you make as a teacher, with the exception of luxury and imported items everything here is far cheaper - rent on a 2 bedroom apartment in a safe, but not trendy area is 1/3 of a comparable apartment in a medium sized US city, fruits and veggies are extremely cheap, especially if you buy what�s in season. Public transport costs 1/10 of what it costs in the US. Ditto for taxis. A house in an outlying area can be had for as little as $35,000 US, and there are a variety of government sponsored mortgage programs that are often offered through jobs that make buya house or apartment fairly painless. I understand it is fairly easy to get residency in Mexico, though it does take a few years. But it does take some willingness to adapt and live a little differently than you might in your home country.
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naturegirl321



Joined: 04 May 2003
Posts: 9041
Location: home sweet home

PostPosted: Tue Feb 15, 2011 3:23 am    Post subject: Reply with quote

jimmy86 wrote:
I have another question, it seems like money is a common complaint amongst everybody, which I can understand if your working in western europe or japan but in a lot of the third world countries/regions (south east asia, latin america, eastern europe) aren't you guys paid similar to what locals are paid? Can't you eventually learn the language, get permanent residency, buy a home etc in a low cost of living country and assimilate there and live a middle class lifestyle?


MAny of us ended up marrying locals. While not paid what locals are, we're certainly not paid what expats are and don't get the benefits. Saudi and the Middle East might be an exception.

We've bougth two houses, well, bought one, sold it at a profit, bought another.

I learnt the langauge and got citizenship and then got the heck out shortly afterwards. Now we're living in a country that's not his and not mine and is seeming to work for now.

I would say that I did NOT assimilate completely at all. It was a third world country and while I spoek the language, was a citizenship, didn't get good pay and took local transport, it wasn't the fact that people didn't accept me and I was an outsider, but more like I didn't want to be like them. It sounds harsh, but I had a tough time living in that country and leaving was probably one of the best deicsion I made.

I will say, that if you plan on staying and marrying a local, be sure to talk about the future and which country you plan on living in. If you don't, it'll cause problems in the future. Take it from someone who has expeirenced it.

I have decided to work in a first world country and buy property in the third world country. BUt I have no desire to ever go back and live. Ever. Our first place cost 25K usd, but cost a lot of sweat, blood and tears to get it.
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Zero



Joined: 08 Sep 2004
Posts: 1402

PostPosted: Tue Feb 15, 2011 3:58 am    Post subject: Reply with quote

Quote:
Can't you eventually learn the language, get permanent residency, buy a home etc in a low cost of living country and assimilate there and live a middle class lifestyle?


No. Not really. I mean, in a few cases you can. But assimilating into a third-world country is nearly impossible. They just aren't set up to accept immigrants. The key word is "benefits." They don't seem important when you're young, but as you age they become all-important.

The key things to look at, if you want to stay permanently, are:

-Is there a legal way to do it? In China, for example, green cards are very hard to come by. You need job or a spouse in order to stay legal and long-term. What if you lose your job, and your spouse divorces you -- or dies? Out you go. Matters not one whit that you have a paid-for house in China.

-Will you have medical care? Very dicey in developing countries. You might not be covered on any government plan, your job might not provide insurance and, what's more, the facilities to provide high-quality care might not exist. In the U.S., at age 65, you'd qualify for Medicare. What will you qualify for in a developing country? Probably nothing.

-Will the job market be stable for you? If you're in an economy where the only jobs available for you are teaching English, and at some point the economy doesn't need that skill anymore, you are done for. Is the economy of your chosen country like that of the U.S., where a foreigner can get any job he/she is qualified for -- and can even retrain and start a new career? Or is it like Denmark, where a foreigner can scarcely get any job, no matter how qualified?

-Retirement. Will you qualify for any payment or pension from the government or an employer? If you are American, and you don't spend enough years working in the U.S., you won't be eligible for Social Security. So you'd better have a substitute lined up.

-If you plan to ever have kids, a whole new set of considerations arises, too lengthy to get into here.

It's hard to go overseas as a young person and truly set up a sustainable situation. It is doable in places like Australia, the U.S., the UK and Canada, if you can get in. Certain European countries as well. Japan? Yes, maybe. Developing countries: very difficult.
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fladude



Joined: 02 Feb 2009
Posts: 432

PostPosted: Tue Feb 15, 2011 5:18 pm    Post subject: Reply with quote

Here is the other reality check.

You stay in America, get a professional graduate degree, and end up at 35 flat broke with a ton of student loans and nothing to show for it. The 150k jobs that a previous poster said you were going to get never happened. You got worked to death for 10 years by an employer and one day you wake up and realize that they will never pay you more than 50 or 60k and that they will never promote you so you tell them to screw it (which is what happened to me) or you they downsize you and eliminate your position (which happened to tons of other people that I know). Most people never get the 150k jobs. And the number of jobs like that are decreasing every year. So you end up on the ass end of 40, flat broke and with no adventure or travel to show for it. I speak from experience.

45k or even 60k probably sounds a lot better than what you will get overseas. But America is a rigged game. It is designed to suck every dime out of you. You probably won't save a penny.

Happened to me. And its happened to lots of other people I know as well. Even the ones who did not go broke... well most of them are deep in debt, and struggling to get by on 45 to 60k. I could still be one of them if I hadn't told my boss to shove it. Working 360 days a year for 45k is well just not worth it. Some of the people who do that are paying into SS others are getting a State pension which is not guaranteed by the Federal Government (so it may be worth nothing). And they do not get SS if they get a State pension. Business 401k plans might be worthless as well.

The fact is that there are a lot of moaners on here, who wine about their life choices, but the fact is that all life choices can suck. These people made a choice and they dream about the choices that could of been. How they could have had a 150k job if only...... if only they had stayed in America and sent out a few dozen more resumes... the 150k job would have been theirs... LOL. Bulls***.

You might fail in ESL or you might do ok. You won't ever get that magic 150k job, but you probably won't get that in America either. The middle class dream is dead.
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naturegirl321



Joined: 04 May 2003
Posts: 9041
Location: home sweet home

PostPosted: Wed Feb 16, 2011 2:14 am    Post subject: Reply with quote

What flatdude says is true, as it what the other posters say.

I honestly think that it comes down to budgeting. SOme people can live on 10K a year and others barely scrape by on 100K a year. Budget and save for retirement now. Diversify, don't put all your eggs in one basket.
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maastricht



Joined: 11 Feb 2011
Posts: 38

PostPosted: Thu Feb 17, 2011 7:04 am    Post subject: Reply with quote

fladude wrote:
Here is the other reality check.
...
You might fail in ESL or you might do ok. You won't ever get that magic 150k job, but you probably won't get that in America either. The middle class dream is dead.


A lot of the "dream jobs" were tied to the financial bubble and have now evaporated. If you "crash and burn" in ESL you might find yourself $5k in debt with no job prospects. If you "crash and burn" in law/ibanking/medicine you might go $100k-500k in debt with no job prospects.

The money is still on the table but the more you wager in the casino the more you can lose. I recommend as with all things do your due diligence (caveat emptor--buyer beware).

Angry JDs:
http://butidideverythingrightorsoithought.blogspot.com/
http://firsttiertoilet.blogspot.com/

Angry PhD:
http://alleducationmatters.blogspot.com/

Angry MBA:
http://angryfutureexpat.wordpress.com/

Angry MD:
http://medicinesux.wordpress.com/
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maastricht



Joined: 11 Feb 2011
Posts: 38

PostPosted: Thu Feb 17, 2011 7:43 am    Post subject: Reply with quote

I would also recommend seeing the movie "Wall Street" and reading some books such as "Den of Thieves" and "Confessions of an Economic Hit Man."

If you ask yourself how someone could make billions of dollars just by pushing paper around for 2 minutes, while someone else slaves away for 5 cents an hour and doesn't have food, you are probably not the right person for this kind of job. The 150k tools are the foot soldiers of this system. If you have any sort of conscience, you are probably going to be unhappy. The people I know who do this type of work and are happy have no conscience. None whatsoever. Others do it and hate it and wish they could leave.

I also know people who make way more than that and just became extremely good at something (like cooking) and turned it into a successful business.
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