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Saving money in Seoul...
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Papa Smurf



Joined: 18 Jul 2006
Location: Seoul

PostPosted: Wed Jan 03, 2007 10:27 am    Post subject: Saving money in Seoul... Reply with quote

Hi,

Is it a realistic goal to save �5000/9 million won in 1 year teaching in Seoul?

Thanks
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semphoon



Joined: 18 Nov 2005
Location: Where Nowon is

PostPosted: Wed Jan 03, 2007 12:17 pm    Post subject: Reply with quote

I did it this year with no worries....and went to Thailand...and had laser eye surgery.

Re - your sig - No, Korea isnt bad. In fact, I really like it.
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Wed Jan 03, 2007 1:42 pm    Post subject: Reply with quote

It's common to save W1 million per month.
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jaganath69



Joined: 17 Jul 2003

PostPosted: Wed Jan 03, 2007 2:47 pm    Post subject: Reply with quote

Ya-ta Boy wrote:
It's common to save W1 million per month.


Very realistic goal. Best way is to keep yourself busy on those occasions when you would otherwise be out spending money. Give yourself a night out a week so you don't go stir-crazy, but avoiding the temptation to party is half the battle.
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ESeufert



Joined: 27 Dec 2006

PostPosted: Wed Jan 03, 2007 3:07 pm    Post subject: Reply with quote

semphoon wrote:
I did it this year with no worries....and went to Thailand...and had laser eye surgery.

Re - your sig - No, Korea isnt bad. In fact, I really like it.

how much did laser eye surgery cost? Was it the entire $10,000 you saved?
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midian3x



Joined: 18 Sep 2006

PostPosted: Wed Jan 03, 2007 4:06 pm    Post subject: Reply with quote

Laser eye surgery can be had for about 3 grand for both eyes back in the States- I would like to have it done- but damn, what if the Doc sneezes? Shocked
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tatu



Joined: 23 Jun 2006

PostPosted: Wed Jan 03, 2007 4:52 pm    Post subject: Reply with quote

I had laser eye surgery here done for 1.75 million won in Gangnam. You don't have to worry about the doctor sneezing because the whole operation is done by a machine. The doctor doesnt do much more than press the buttons on a computer that does all the measuring, cutting and of cuorse the laser.

Saving money in Seoul is the easiest especially if your not lazy. Its easy to find a second job to add to your visa in the mornings at a kindergarten. So making over 4 million a month is easy and,legal if your not into doing privates.
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slow_life



Joined: 29 Dec 2006
Location: here

PostPosted: Wed Jan 03, 2007 5:03 pm    Post subject: Re: Saving money in Seoul... Reply with quote

Papa Smurf wrote:
Hi,

Is it a realistic goal to save �5000/9 million won in 1 year teaching in Seoul?

Thanks


It should be very easy to save that much per year. You just need to stay out of the bars and off the telephone calling home.

In fact, you should be able to save considerably more than 9 million.

And Korea is just fine. Don't pay too much attention to the complainers on this board. You can find them in any country.....even at home. Ignore them.
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Keepongoing



Joined: 13 Feb 2003
Location: Korea

PostPosted: Wed Jan 03, 2007 8:24 pm    Post subject: easy Reply with quote

It is easy to. I save at least a million won a month and still travel to Thailand or the Philippines 4 times a year.
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SPINOZA



Joined: 10 Jun 2005
Location: $eoul

PostPosted: Wed Jan 03, 2007 9:08 pm    Post subject: Re: Saving money in Seoul... Reply with quote

Papa Smurf wrote:
Hi,

Is it a realistic goal to save �5000/9 million won in 1 year teaching in Seoul?

Thanks


Yes.

I saved more in my first year and I had two holidays and spent like an idiot.

Papa Smurf's sig, "is Korea that bad?"....Korea is SOFT! and 75% of Daves is happy here.
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europe2seoul



Joined: 12 Sep 2005
Location: Seoul, Korea

PostPosted: Wed Jan 03, 2007 10:09 pm    Post subject: Re: Saving money in Seoul... Reply with quote

Papa Smurf wrote:
Hi,

Is it a realistic goal to save �5000/9 million won in 1 year teaching in Seoul?

Thanks


If you do not do privates but only living from your own salary of 2.x milion per month and explore other things that life has to offer except working for money its is not possible (travel, see the country, enjoy good food with high quality ingredients, learn something new language or something, go out, etc). Because that means 50% of your salary will have to be saved, which doesn't leave much for living....unless you like instant cup ramyeon and stay clear from foie gras.
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korea252



Joined: 17 Jul 2006
Location: Seoul, Haebangchon

PostPosted: Wed Jan 03, 2007 10:31 pm    Post subject: Reply with quote

tatu wrote:

Saving money in Seoul is the easiest especially if your not lazy. Its easy to find a second job to add to your visa in the mornings at a kindergarten. So making over 4 million a month is easy and,legal if your not into doing privates.


So it's legal to have more than one job in Korea? I could work at a hakwon at night and work at a kindie school in the day - both full time? Is it only privates that are illegal?
The wife and I have just had a kid so extra money would come in handy.
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europe2seoul



Joined: 12 Sep 2005
Location: Seoul, Korea

PostPosted: Wed Jan 03, 2007 10:34 pm    Post subject: Reply with quote

korea252 wrote:
tatu wrote:

Saving money in Seoul is the easiest especially if your not lazy. Its easy to find a second job to add to your visa in the mornings at a kindergarten. So making over 4 million a month is easy and,legal if your not into doing privates.


So it's legal to have more than one job in Korea? I could work at a hakwon at night and work at a kindie school in the day - both full time? Is it only privates that are illegal?
The wife and I have just had a kid so extra money would come in handy.


I am not an expert, but as far as I know your visa is sponsored to a certain employer. That is how you got it. I am not sure if you can work for another employer with it. I think your foreign ID card also has name of the employer on it.
Maybe I am wrong though - check it.
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twg



Joined: 02 Nov 2006
Location: Getting some fresh air...

PostPosted: Thu Jan 04, 2007 12:55 am    Post subject: Reply with quote

korea252 wrote:
So it's legal to have more than one job in Korea? I could work at a hakwon at night and work at a kindie school in the day - both full time? Is it only privates that are illegal?

All of it is illegal. At least on an E2 visa. You'll have to ask the married folks about the spousal visa.... assuming you're married to a Korean
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korea252



Joined: 17 Jul 2006
Location: Seoul, Haebangchon

PostPosted: Thu Jan 04, 2007 1:19 am    Post subject: Reply with quote

Thought it was illegal. Shame, I don't mind working more for more cash.
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