Job Discussion Forums

jimi2times · Joined: 05 Jul 2004 Posts: 21 Location: UK

Hi

Bit of background before the question:

5 years Tefl experience overseas and in UK, BA but not in English, almost finished writing a Tefl book andwill try to get it published, speak another language.

So, my wife and I would like to try our luck in Hong Kong.

We'll try to live the monk life, rarely venturing out of our appartment, if only to go to a restaurant or possible sporting activity.

Aim is to save �12,000/$16,500 in the course of a year.

Is this feasible?

Many thanks.

anninhk · Joined: 08 Oct 2005 Posts: 284

It will depend on you salary - which I suppose is a pretty obvious statement.
I am now in my seventh year in HK and during that time have earned between HK35 - 45000 a month. During that time I have been able to save more than the amount you mention and haven't lived a very frugal life. Of course as a NET I have got a gratuity at the end of each contract which has helped a lot.
Another factor at the moment is the exchange rate. For most of the time here it has been between 12 - 15.5 to the pound and now it is below 11 so it should be relatively easy to save the amount you want in pounds if you are earning a good salary.