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goal: saving $$$--possible w/ small family?

 
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foxy



Joined: 06 Aug 2004
Posts: 2

PostPosted: Mon Aug 09, 2004 6:01 pm    Post subject: goal: saving $$$--possible w/ small family? Reply with quote

hi. i'm wondering where i could save a good chunk of cash (for myself, my husband & daughter) teaching EFL overseas, bearing the following in mind:

-we are flexible with location--whereever i could save (not just make) the most money
-my husband would NOT be working; he would be taking care of our daughter (currently 8 months---we would like to go when she is b/t 1 & 2 years old)
-we would have a very conservative nightlife & would not do much travelling or purchasing expensive items
-our plan is to go for a year, so we wouldn't be putting our daughter in school

i have a B.A. in intercultural studies and a certificate in TESOL. i am also from canada. any guidance as to what countries to consider teaching in--or even if it's possible to save for 3 on one teacher's salary--would be much appreciated. thanks.
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lajzar



Joined: 09 Feb 2003
Posts: 647
Location: Saitama-ken, Japan

PostPosted: Mon Aug 09, 2004 6:25 pm    Post subject: Reply with quote

afaik, the only countries where a family could possibly live off one EFL salary and nothing else are Korea, Japan, Taiwan, and certain middle eastern countries. Of these, the middle east will not consider new entrants to the field, and you pronbably wouldnt consider the middle east safe under the current political climate anyway.

However, while you may be able to survuive on an efl salary, I doubt youd be able to save anything much with 3 living off that salary.
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JosephP



Joined: 13 May 2003
Posts: 445

PostPosted: Mon Aug 09, 2004 6:28 pm    Post subject: Reply with quote

It can be done. It won't be easy, but it can be done. But you better be prepared to make sacrifices.
As far as places for you to accomplish this, well, I was able to do this in Thailand of all places. Granted, my wife is Thai so we were able to have a local's knowledge of the "system" which was helpful. I also "worked" ungodly amounts of hours.
I also had quite good luck in New Zealand until the TESL industry went bust. So NZ probably isn't the place now...
Anyways, good luck.
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comenius



Joined: 27 Jan 2003
Posts: 124
Location: San Francisco, California, USA

PostPosted: Mon Aug 09, 2004 8:51 pm    Post subject: Reply with quote

I think the key is that while you could survive, it would be very, very difficult to "save a chunk of cash," especially if you are the only one working. If you're willing to work long, long hours you could definitely earn more than your monthly expenses, but with three mouths to feed and only one source of income I'm afraid you might do little more than that. Also, bear in mind that most of the serious money in Korea/Japan/Taiwan comes from teaching private lessons, and those can take a while to get off the ground until you're established with good connections and a good reputation.

If your goal is to live relatively comfortably by local standards, then I think your idea could work. The saving a lot of money part is the only area where I think you might run into trouble.
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ls650



Joined: 10 May 2003
Posts: 3484
Location: British Columbia

PostPosted: Mon Aug 09, 2004 8:54 pm    Post subject: Re: goal: saving $$$--possible w/ small family? Reply with quote

foxy wrote:
hi. i'm wondering where i could save a good chunk of cash (for myself, my husband & daughter) teaching EFL overseas, bearing the following in mind:


I think it's not so much location but luck. At my current job I earn enough to support a small family living modestly. Mexico doesn't have a reputation for paying well, but I lucked out and stumbled into a reaonably decent-paying job.

I've heard good things about Japan. One of my co-workers in my last school lived comfortably there, travelled a lot, and was still able to save up well over $10,000 US in a year.

I think that if your heart is really set on TEFL, just have in mind what is your minimal criteria (salary, living conditions, etc.) for accepting any job and keep looking until you find what you are after - and in the meantime, save money up at home. Confused
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Jetgirly



Joined: 17 Jul 2004
Posts: 741

PostPosted: Mon Aug 09, 2004 9:11 pm    Post subject: Reply with quote

If your husband were to get a TESL certificate, could he work as a tutor from home while looking after the baby? That could supplement your income...
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Gordon



Joined: 28 Jan 2003
Posts: 5309
Location: Japan

PostPosted: Mon Aug 09, 2004 9:13 pm    Post subject: Reply with quote

You don't mention that you have experience teaching EFL so I assume it is very little. You will find a difficult time finding a high paying job working at a good school unless you have the experience along with the education. Could you support your family teaching ESL in Canada? No way unless it is a f/t job in a college or university. I know because I have done that.
With you working f/t and your hubbie doing some p/t teaching in the evenings, you can make it work in Japan or Korea. You won't save a lot of cash though. If you only want to go abroad for a year, I don't think it is worrthwhile dragging a family around IMO. You'll just be set up and then you're on your way home. The cost of setting up a house and moving would suck up way more money than you can ever hopew to save. I think 2-3 years minimum.
I came to Japan when my daughter was 8 months old, a great age to travel. That was 2 years ago and we are on our way back for a 3rd year soon. PM me if you have any specific questions about kids overseas. You are still 4 years away from starting school for your child, so you have lots of time.
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JosephP



Joined: 13 May 2003
Posts: 445

PostPosted: Tue Aug 10, 2004 3:48 am    Post subject: Reply with quote

It's been yonks since I worked there, but don't Korea TESL gigs often include accomodation? Of course, Korea can be a challenging place to work. But with your qualifications I would think you could get free housing and make around 2,000,000 won a month (2,281.372 CAD). With self-catering and careful budgeting I think it might work out. Airfares there might make the first few months a savings washout. In the end, I would agree with other posters in that you'd need to stick around for awhile to make it pay.
All the best.
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foxy



Joined: 06 Aug 2004
Posts: 2

PostPosted: Tue Aug 10, 2004 4:36 pm    Post subject: thanks Reply with quote

thanks for all your help/advice/suggestions. all will be taken into consideration as we make a decision in the next few months. "JosephP" brought up a good point i forgot to mention: some places claim to offer free accomodation & airfare reimbursement, which would really cut down on monthly expenses and help with saving. is this something to consider, or by "accomodation" do they mean "dumpster", etc.?
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