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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Thu Dec 01, 2005 1:30 pm    Post subject: Reply with quote

Quote:
The question is not how much you earn but how much disposable income you have.

Out of that US$3,000 it should be possible to save two thirds without any hardship.

Could you do that elsewhere ? I think not.


If you are single, I think that you could save $2000 a month in the U.S. I know that Saudi may be a better option for those who have kids but I do not know that I really agree that you can save more if you are single.

ootii, I am not debating whether asia is a better place to live but whether the average salary in Saudi is really that great. If one is only offered $3000 a month, I wonder if it is as great as many people think.

Maybe I am just off on the pay but it seems that you could have 10 years experience and still be earning $3,000 a month. If that is the case, one could earn $4,000-$6,000 a month teaching at an American high school with 10 years experience. (The Philadelphia area school district is willing to pay $40,000 to start. That is even without a B.Ed.) Some high schools in well off areas pay $80,000 a year. If you are single you could still save $2,000 out of $4,000. I know most people wouldn't because they would buy a new car and a house but if you bought a new car in Saudi you would not be saving $2000 a month either.
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ootii



Joined: 27 Oct 2005
Posts: 124
Location: Riyadh, Saudi Arabia

PostPosted: Thu Dec 01, 2005 3:42 pm    Post subject: Reply with quote

JZer wrote:
Maybe I am just off on the pay but it seems that you could have 10 years experience and still be earning $3,000 a month. If that is the case, one could earn $4,000-$6,000 a month teaching at an American high school with 10 years experience. (The Philadelphia area school district is willing to pay $40,000 to start. That is even without a B.Ed.) Some high schools in well off areas pay $80,000 a year. If you are single you could still save $2,000 out of $4,000. I know most people wouldn't because they would buy a new car and a house but if you bought a new car in Saudi you would not be saving $2000 a month either.


I would not compare my job to that of a High School teacher. I taught French to seventh graders in Britain, briefly, and it was the worst, and toughest, job I've ever had. You wouldn't get me near a High School in Philadelphia at any price.

Also, I'm not sure whether or not you are aware of it, but most expat English teachers do this job because *they want to live abroad*, which means that they do not want to live in the US or Britain.

If you're only looking for money, I suggest you avoid teaching altogether and study something more mercenary, like law or medicine.
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veiledsentiments



Joined: 20 Feb 2003
Posts: 17644
Location: USA

PostPosted: Thu Dec 01, 2005 3:47 pm    Post subject: Reply with quote

... ootii and I were posting at the same time... here's my take

You are forgetting TAXES!! If you are making $4000 a month in the US, you would have to be living with your parents and have them feeding you to save $2000 a month. Taxes would cost you about $1000 (SS, Fed, Pa, Philly city tax, sales tax, gas tax, etc etc etc). You would need at least a functioning car and the expenses for that are higher than in the Gulf. Decent housing (rent, utilities, phone, maint, internet, cell phone) in an urban area will cost about a $1000 a month - unless you still want to live like a starving university student in a hovel and/or sharing with various eccentrics - or deal with a very long commute.

So, now we're down to $2000. Out of that you have to feed and clothe yourself. Need new glasses? Plan to go to a movie? Have a toothache? Go out to dinner other than McDonalds ever? Take a vacation? Buy Christmas gifts? Contemplate ever having a date? Computer died and need new one?

You get to save whatever you have left after that... And the reality is that 97.8% of Americans in this situation have nothing.

Oh... and there is the detail of amount of working time... See Ootii's annual work/vacation schedule - compare it to a US primary or secondary school teacher. They work multiples times the hours and have a fraction of the vacation time. Contrary to what you seem to think, the teachers working in the Gulf have thought this out and made the choice that works best for them.

But, it is up to you.
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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Thu Dec 01, 2005 4:17 pm    Post subject: Reply with quote

Quote:
Decent housing (rent, utilities, phone, maint, internet, cell phone) in an urban area will cost about a $1000 a month


I don't know about that. Rent $400-500 unless you want to live in a high class subburb. Cell Phone $50,Cable $16, internet $20, home phone $25. I think $600 is the most you should spend unless you want to live in Philly.
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ootii



Joined: 27 Oct 2005
Posts: 124
Location: Riyadh, Saudi Arabia

PostPosted: Thu Dec 01, 2005 4:18 pm    Post subject: Reply with quote

veiledsentiments wrote:
... ootii and I were posting at the same time... here's my take

You are forgetting TAXES!!


I remembered them but since I've never paid any I've no idea what it might be like.

I do know that I could hardly afford to move back to the states even if I wanted to. The best paying job I've turned up to date was a tenure track lecturship at a Jr College in Ohio paying $42k pa. I don't think that would be enough for me to get a mortgate on a three bedroom house, what with no equity built up (although I do have two appartments in Egypt).

Quote:
Oh... and there is the detail of amount of working time... See Ootii's annual work/vacation schedule - compare it to a US primary or secondary school teacher.


I'm on 15 hrs a week, since I have some administrative responsibilities, and teach only in the mornings so I'm home by noon almost every day. I usually stay late on Weds to do my paperwork, sometimes I stay until 3:00.

I also work a second job [naughty!]. It's for a government agency so low risk. This gets me another $10-15k pa and I have plenty of time at home with my family.

If you can get me something like that in Korea then let me know.

Oh. I also need 360 sunny days a year and I can't tolerate temperatures below 17 C.

Too long in England I'm afraid. I'm cured of winter for life.
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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Thu Dec 01, 2005 4:22 pm    Post subject: Reply with quote

Quote:
they want to live abroad*,


I know that most ESL teachers do their job because they want to live abroad but how many people are in Saudi for the living abroad ideal? I think they are there for the money! I have no problem with people living abroad for less money. If they are in Brazil, Thailand, Eastern Europe or wherever, but as for teaching in KSA, I think it is mainly about the money.

I am teaching abroad because I want to live abroad as well but I am very interested in the financial aspect since I want to prepare myself to be able to travel the world for the rest of my life i.e. (when I have kids a wife). When you are single an ESL salary in Asia will let you travel a lot but not with a wife and kids. So for me saving and investing is the key.
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ootii



Joined: 27 Oct 2005
Posts: 124
Location: Riyadh, Saudi Arabia

PostPosted: Thu Dec 01, 2005 5:57 pm    Post subject: Reply with quote

JZer wrote:
Quote:
they want to live abroad*,


I know that most ESL teachers do their job because they want to live abroad but how many people are in Saudi for the living abroad ideal? I think they are there for the money! I have no problem with people living abroad for less money. If they are in Brazil, Thailand, Eastern Europe or wherever, but as for teaching in KSA, I think it is mainly about the money.


That's hard to say. The only advantage of working in Korea that I can think of is that I could make social security contributions through a reciprocal agreement with the ssa.

Almost all the expats I've come across here are old timers. I've no idea about those who come for a couple of years and then go, but a lot of people do stay - sometimes for their entire careers. Money isn't everything. I'm here for the weather.

Quote:
I am teaching abroad because I want to live abroad as well but I am very interested in the financial aspect since I want to prepare myself to be able to travel the world for the rest of my life i.e. (when I have kids a wife). When you are single an ESL salary in Asia will let you travel a lot but not with a wife and kids. So for me saving and investing is the key.


Then find yourself a nice cheap country and buy some land and build a house there. Surely there's plenty of choice. I'm heading for Aswan. You don't need a huge income to live in Egypt. Five hundred dollars a month will have you living like a king.
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veiledsentiments



Joined: 20 Feb 2003
Posts: 17644
Location: USA

PostPosted: Thu Dec 01, 2005 8:15 pm    Post subject: Reply with quote

Philly for $400 or $500? must be a dump... I hadn't realized that Philadephia had fallen so far economically that its rents were that low... I haven't seen any urban area rental amounts at that level since the 70's or early 80's. I pay $400 in a small rural community for a tiny one bedroom.

How long since you lived in the US? Basic cable TV is $42, DSL $38, most apts make you pay the electric and gas because the prices have skyrocketed.. I'd say $1000 is conservative.

The 2 bedroom place that I sold in a Washington DC suburbs in 2002 would have rented for $1200 -!500... easy... For $400, you would get mostly roaches, rats and people shooting up in the hallways...

VS

(wasn't talking to you about taxes in my message, ootii, but you are right that a family would be living at poverty level at $42K in the US. Without large savings to bring in from the Gulf to make a big downpayment, you wouldn't qualify for a mortgage for a big enough house.)
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crashartist1



Joined: 06 Jun 2004
Posts: 164

PostPosted: Thu Dec 01, 2005 11:19 pm    Post subject: Reply with quote

Many people in foriegn countries assume that americans are all rich since they hear we make $60,000 a year. But they forget to acknowledge the high cost of living, and taxes that we do pay. I always use my parents as examples of this, I say my parents combined income is $XXX and after you take out taxes and everything that comes with owning a home, living in Southern California, puttign two kids through college, 2 cars, extra insurance blah blah you are left with -$XXX on your credit card every month. Usually all my students are silent after they hear this and no longer say that all Americans are rich cause they see it on T.V. therefore it must be true.

Personally I am going over to Saudi for 2 reasons 1)To live and work in Saudi Arabia and hopefully learn the language and culture. 2) For the money to pay off student loans and hopefully save some money.

poorESLteacher
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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Thu Dec 01, 2005 11:24 pm    Post subject: Reply with quote

Quote:
How long since you lived in the US? Basic cable TV is $42, DSL $38, most apts make you pay the electric and gas because the prices have skyrocketed.. I'd say $1000 is conservative.


You can get cable for $16 a month where I live. Of course you could pay $100 a month depending how many channels you want. As far as $400 or $500 a month, I am talking about living outside of Philly. In a near by town. Actually I know of places in Pennsylvania where you could rent a three bedroom house for $400 a month.
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Gordon



Joined: 28 Jan 2003
Posts: 5309
Location: Japan

PostPosted: Fri Dec 02, 2005 2:25 am    Post subject: Reply with quote

JZer wrote:
Quote:
they want to live abroad*,


When you are single an ESL salary in Asia will let you travel a lot but not with a wife and kids. So for me saving and investing is the key.


Not true in my case. I support a wife and 2 kids and we spend 3 months out of Japan every year. One month in a tropical locale in the winter and 2 months in Canada. We still save and I am paying for a masters degree to boot, and live in a nice house. I would need to make over $80,000 in Canada to have an equivalent lifestyle and life as I do in Japan.
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JZer



Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh

PostPosted: Fri Dec 02, 2005 3:51 am    Post subject: Reply with quote

Isn't Japan expensive? So how can you do all that on $60,000?
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Gordon



Joined: 28 Jan 2003
Posts: 5309
Location: Japan

PostPosted: Fri Dec 02, 2005 4:35 am    Post subject: Reply with quote

JZer wrote:
Isn't Japan expensive? So how can you do all that on $60,000?


Who said I make $60,000? I make less. Japan is not that expensive. I pay 5% tax, my rent is subsidized (I pay only $225/month), small car, inexpensive medical and many more things. In Canada, I would be in a 35% tax bracket.
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crashartist1



Joined: 06 Jun 2004
Posts: 164

PostPosted: Fri Dec 02, 2005 4:57 am    Post subject: Reply with quote

Gordon, I want your job!
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Gordon



Joined: 28 Jan 2003
Posts: 5309
Location: Japan

PostPosted: Fri Dec 02, 2005 5:38 am    Post subject: Reply with quote

crashartist1 wrote:
Gordon, I want your job!


Did I say 5 months off (paid)? Very Happy
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