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Saving money with CfBT in Brunei?

 
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Yorks Lad



Joined: 16 Aug 2009
Posts: 93
Location: England

PostPosted: Tue Aug 18, 2009 8:34 am    Post subject: Saving money with CfBT in Brunei? Reply with quote

After a few years working overseas doing TEFL, I did the responsible thing, moved back home and bought a house. That was all of a year ago. Guess what? I want to travel again!

Because I have a mortgage now, I need a job that pays quite well. I like the sound of Brunei and I've read a lot about the CfBT scheme there. I have about 10 years' experience so I probably wouldn't be at the bottom of the scale, I'm single and can live fairly frugally. Would it be realistic to send home about �500 each month?

Any comments gratefully received. Thanks.
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celtica



Joined: 29 Jun 2008
Posts: 137

PostPosted: Wed Aug 19, 2009 8:39 am    Post subject: saving Reply with quote

Yes.

If you make up your mind to do it and don't spend all your money travelling and staying in expensive hotels, or tripping over the border to buy booze every second day...fatal that! .....you can save a good amount.

The first year is 'set up' year though and often people save.... not a penny.

After 12 - 18mths...... $1500BND per month upwards especially if you have no dependants. (depends on salary obviously... and how you describe frugal....)
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BOBBYSUE



Joined: 15 Mar 2007
Posts: 100

PostPosted: Thu Aug 20, 2009 4:53 am    Post subject: Reply with quote

Agree with Celtica. One thing though - the set up time need not take a year or anything like it. Some people take interest free loans from CfBT to pay for second hand cars, TV etc for their house, and school registration for their kids. If you have no kids, have some cash for a cheap car when you arrive (maybe from selling your own car back home) and don't splash out on too many luxury items for your house (all essentials are provided), then you can start saving pretty quickly. Obviously you just need to be able to live til your first salary comes through.
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rayman



Joined: 24 May 2003
Posts: 427

PostPosted: Thu Aug 20, 2009 10:32 am    Post subject: Reply with quote

Quote:
school registration for their kids


Is this not paid for by CfBT?
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celtica



Joined: 29 Jun 2008
Posts: 137

PostPosted: Fri Aug 21, 2009 9:15 am    Post subject: Reply with quote

Not the initial registration cost...allowance to cover (some of the )school fees only
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rayman



Joined: 24 May 2003
Posts: 427

PostPosted: Sat Aug 22, 2009 3:44 am    Post subject: Reply with quote

Interesting. Would anyone know the rough annual 'out of pccket' cost to send a child (primary aged) to ISB or JIS when on a CfBT contract?
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celtica



Joined: 29 Jun 2008
Posts: 137

PostPosted: Sat Aug 22, 2009 5:01 am    Post subject: Reply with quote

ISB : Reception to yr 6 diff to pay ....$1650 per annum
Yr 7 - 11 diff to pay .........$4050 per annum


JIS : reception to yr 7 diff to pay $8370
Yr 7 - 11 diff to pay $6120


These are based on the fees shown online ... www.jis.edu.bn/ and www.isb.edu.bn

CfBT currently pays $5550 allowance per annum up to Yr 6
$7,800Yr 7 - 11
$8,400 Yr 11 - 12
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jsteventon



Joined: 08 Jul 2007
Posts: 191

PostPosted: Sun Aug 23, 2009 1:54 am    Post subject: School fees Reply with quote

Also need to add that JIS need a deposit of $1000, which is refundable when you leave.

ISB require a registration fee of around $3000 per child - NON refundable...

I think CfBT will forward these sums to you and then deduct from your gratuity, but you would need to check that out....

JS
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