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The skinny on saving in KSA
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scot47



Joined: 10 Jan 2003
Posts: 15343

PostPosted: Sat Jun 14, 2014 9:40 am    Post subject: Reply with quote

Some people have dependants. We have not all taken oaths of celibacy !
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bigdurian



Joined: 05 Feb 2014
Posts: 401
Location: Flashing my lights right behind you!

PostPosted: Sat Jun 14, 2014 11:01 am    Post subject: Reply with quote

[quote="psychedelicacy"][quote]Assuming that people are spending about $1,000 a month from their salaries: [/quote]

Unlikely you'll spend that much in Saudi. I spend that in Qatar, which is not only a bit more expensive than Saudi but also has bars and nightclubs. If you include holidays and divide those costs by 12 months, then certainly your costs go up, but $1,000 is 3,750 SAR, and I fail to see why someone would spend that much per month in Saudi. Saudi Arabia is likely to be the cheapest place you've ever seen.[/quote]

you're obviously on your own then, not everyone is.
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sicklyman



Joined: 02 Feb 2013
Posts: 930

PostPosted: Sun Jun 15, 2014 6:19 pm    Post subject: Reply with quote

psychedelicacy must be Icelandic to recommend Saudi as the cheapest place we've ever seen. If you want to stay fit and healthy here, eating well will cost you. If you have dependents here, medical insurance and education will cost you. If you want to live somewhere half decent, that will cost you. My rent is just shy of $1000 a month... but then access to a gym and a pool that haven't been trashed by local kids is worth that to me.

What I think psychedelicacy must mean is that it CAN be cheap here. Let's remember that you can also lose your mind here... as can your dependents!
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scot47



Joined: 10 Jan 2003
Posts: 15343

PostPosted: Sun Jun 15, 2014 6:50 pm    Post subject: Reply with quote

And one o0f the ways of losing your mind is to become obsessed with living on the minimum. All these jokes about the "500 Club" have a basis in reality. Some people go crazy in KSA and do not find the road back to Sanity.
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johnslat



Joined: 21 Jan 2003
Posts: 13859
Location: Santa Fe, New Mexico, USA

PostPosted: Sun Jun 15, 2014 7:12 pm    Post subject: Reply with quote

Dear scot47,

What Saudi can do to EFLers runs the gamut: some come as drunks but go home sober, some come sober, and go home drunks.

Some come hot-tempered, but go home patient. Some just the reverse.

I guess a lot depends on what you bring to it - and you may not even know what that is.

Regards,
John
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Rostom



Joined: 16 Apr 2014
Posts: 102
Location: UK/Veteran of the Magic Kingdom

PostPosted: Sun Jun 15, 2014 7:28 pm    Post subject: Reply with quote

scot47 wrote:
Some people go crazy in KSA and do not find the road back to Sanity.

.. and some people find true happiness in the Magic Kingdom and do not find the road back to insanity! Laughing
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psychedelicacy



Joined: 05 Oct 2013
Posts: 180
Location: Beijing

PostPosted: Mon Jun 16, 2014 4:07 am    Post subject: Reply with quote

sicklyman wrote:
psychedelicacy must be Icelandic to recommend Saudi as the cheapest place we've ever seen.


It's the cheapest country I've ever seen by far. But yes, I'm from London and didn't have any dependants.

Quote:
Let's remember that you can also lose your mind here


You've probably got to be at least a little bit nuts to want to work there in the first place. Some of the worst and most trashy expats I've ever met were in Saudi. In fact, they were considerably worse than putting up with Saudi itself.


Last edited by psychedelicacy on Mon Jun 16, 2014 5:22 am; edited 1 time in total
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bigdurian



Joined: 05 Feb 2014
Posts: 401
Location: Flashing my lights right behind you!

PostPosted: Mon Jun 16, 2014 4:15 am    Post subject: Reply with quote

Plenty of countries in Asia far cheaper than Saudi for food and rent. Petrol not as cheap there though!
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bigdurian



Joined: 05 Feb 2014
Posts: 401
Location: Flashing my lights right behind you!

PostPosted: Mon Jun 16, 2014 4:17 am    Post subject: Reply with quote

[quote="johnslat"]Dear scot47,

What Saudi can do to EFLers runs the gamut: some come as drunks but go home sober, some come sober, and go home drunks.

Some come hot-tempered, but go home patient. Some just the reverse.

I guess a lot depends on what you bring to it - and you may not even know what that is.

Regards,
John[/quote]

All of that is just like anywhere, it's what happens to people in life. There is no magical Saudi effect.
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nomad soul



Joined: 31 Jan 2010
Posts: 11454
Location: The real world

PostPosted: Mon Jun 16, 2014 4:20 am    Post subject: Reply with quote

bigdurian wrote:
Plenty of countries in Asia far cheaper than Saudi for food and rent. Petrol not as cheap there though!

However, housing is covered in Saudi Arabia.
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naturegirl321



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

PostPosted: Mon Jun 16, 2014 5:44 am    Post subject: Reply with quote

And there are no taxes!
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fledex



Joined: 05 Jun 2011
Posts: 342

PostPosted: Mon Jun 16, 2014 7:13 am    Post subject: Reply with quote

Things aren't expensive in Saudi. I can live a pretty comfortable life there on about $1,000 a month, including stuff ordered from abroad and a couple vacations out of the kingdom per year. However, I did the same in most other places I've been. So can't say that Saudi is any better or worse for saving. There are definitely better places to live, though. So, I'd say make sure you have a really high paying job before you come to make it worthwhile and still have a bit of a life.
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bigdurian



Joined: 05 Feb 2014
Posts: 401
Location: Flashing my lights right behind you!

PostPosted: Mon Jun 16, 2014 7:32 am    Post subject: Reply with quote

[quote="nomad soul"][quote="bigdurian"]Plenty of countries in Asia far cheaper than Saudi for food and rent. Petrol not as cheap there though![/quote]
However, housing is covered in Saudi Arabia.[/quote]

This true, but going from my own experience of living in Saudi and Asia I would say that we spend more in a month here than we did there. We probably live on around 5000 SAR a month here which is a bit more than before, and we paid rent before too. The difference is in the disposable income left at the end of each month.
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Yasuke



Joined: 10 Jan 2014
Posts: 178

PostPosted: Mon Jun 16, 2014 8:18 am    Post subject: Reply with quote

fledex wrote:
Things aren't expensive in Saudi. I can live a pretty comfortable life there on about $1,000 a month, including stuff ordered from abroad and a couple vacations out of the kingdom per year. However, I did the same in most other places I've been. So can't say that Saudi is any better or worse for saving. There are definitely better places to live, though. So, I'd say make sure you have a really high paying job before you come to make it worthwhile and still have a bit of a life.


What would you consider a really high paying job?
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nomad soul



Joined: 31 Jan 2010
Posts: 11454
Location: The real world

PostPosted: Mon Jun 16, 2014 10:15 am    Post subject: Reply with quote

bigdurian wrote:
But going from my own experience of living in Saudi and Asia I would say that we spend more in a month here than we did there. We probably live on around 5000 SAR a month here which is a bit more than before, and we paid rent before too. The difference is in the disposable income left at the end of each month.

Which is why these "how much can I save" questions are pointless. No one can really answer that for someone else; it's completely subjective. For example, two unmarried men with seemingly identical salaries and benefits aren't going to have similar personal spending habits and financial obligations; and therefore, their actual savings will differ. And frankly, this is no different than living/working in one's home country when weighing the salary and benefit package of a job offer based on one's personal spending habits, debts, tax status, the cost of living, etc.
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