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dekkard
Joined: 01 May 2010 Posts: 69
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Posted: Thu May 14, 2015 12:07 pm Post subject: Working for major language schools - saving money feasible? |
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Hi,
I've searched the forum about the viability of saving money in Germany. Many of the posts are now very old.
If you work for one of the major language schools (e.g. Wall Street) under, say, a 20-25 hours contract (ie not freelance), is saving any money feasible or do people just scrape by?
I realise tax, pension insurance, health insurance have to be taken into account. Just wondering what people have experienced. |
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spiral78
Joined: 05 Apr 2004 Posts: 11534 Location: On a Short Leash
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Posted: Thu May 14, 2015 1:27 pm Post subject: |
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Scrape. By. Depending on what you mean by savings. You can probably save enough to buy a nice new bike and/or take a European holiday, but to buy a new car or a flat? Highly unlikely. |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Fri May 15, 2015 10:06 am Post subject: |
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Savings would be very difficult. |
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EFL Educator
Joined: 17 Jul 2013 Posts: 988 Location: Cape Town
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Posted: Sun Sep 27, 2015 3:21 pm Post subject: |
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Savings in Germany as an EFL teacher....I would say next to impossible due to the high cost of living and TAXES! |
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johncoan
Joined: 02 Jul 2010 Posts: 115
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Posted: Sun Sep 27, 2015 5:50 pm Post subject: |
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If you keep acquiring hours as a freelancer, then why not? It might take time, but you could squash in 30 units a week, which works out at (30 x 16) = 480 euros/week = 1920 euros/month. You could save 500 of that quite easily. |
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