Korean Job Discussion Forums

[johninmaine]

Now that it is September, I thought it might be a good idea to see what a family of 3's expenses are. Because it seems there is so much variance in people's budget, I was wondering if you could keep track and post your expenses for the month of September??

*note* this only applies to a family of 3: teacher, wife, and newborn / toddler.

everyone else will probably have different budgets, expenses, and frugality / propensity to consume.

please try to be as exact as possible.

for example: supermarket (500,000k), electric (100k)

thanks!

[Juregen]

sorry John

private information

[Cater]

I don't usually keep careful track of our expenses, but we are a family of three with a one year old. I will do my best to keep track this month to help you out.
We are living on one income of 2.0 million and are doing our best to save money. It's tough-but definitely possible.

[johninmaine]

....everyone keeping track??

at least, the necessities to live + electric + travelling 1 X month + wife's / baby insurance + phone calls

thanks again!!

[shaunew]

I have a wife and a newborn. My spending is up and down. Depends on how much I make in the month. This month was very good for us. 6 million plus. So I bought a new digital camera 600k, just got back from costco first time there, 250k. But other then that it is pretty normal, food maybe 200k baby things is expensive right now new bottles and little things here and there. But if you live in a normal English teacher apt. You could spend around 1.5 to 1.8 My family does 2 million plus with no extra's

[johninmaine]

...everyone keeping track?? (families of 3)

[Hanson]

Family of three here with 2 year-old... I'll try to keep track, but can't promise how exact it'll be.

You've piqued my curiosity, actually.

[Hanson]

OK, so after two weeks in September, here is my monthly breakdown, for a family of three (my daughter just turned two). If anyone has any comments, please keep them civil...

Daycare 140,000
Child/Mom Insurance 200,000
Dad Insurance 135,000
Electricity 40,000
Water 8,000
Home Gas 40,000
Home phone 25,000
Mom's cell 30,000
Dad's cell 20,000
Cable 8,000
Internet 34,000
Car Gas 50,000
Cigarettes 75,000
Groceries 600,000
Toddler's Supplements 40,000
Bldg Cleaning Fee 20,000
Miscellaneous 200,000

Total 1,665,000

Now, that's not including car insurance/registration, Chuseok gifts & expenses, nor the two books we bought our daughter a few days ago. But there it is. It should also be noted that household costs would be more in winter...

[johninmaine]

...hmmm, thanks for posting --

you're getting close to 3.0m Won for the month ---

how come 600K for groceries in 2 weeks?

[johninmaine]

...everyone else keeping track??

[Hanson]

Sorry, the 600,000 on groceries is projected for the whole month and includes household goods like toilet paper, shampoo and pull-ups for the little tyke, who is having issues on the potty...

[johninmaine]

oh, ok -- so your 1.6mwon was for the month??

electric, cable, phone, etc ??

[johninmaine]

[johninmaine]

everyone still counting??

(probably set myself up for that one)

[tzechuk]

Electricity 70,000
Home Gas 25,000
Home phone / Internet 45,000
Newspaper 12,000
Mom's cell 40,000
Dad's cell 20,000
Car Gas 200,000
Cigarettes 55,000
Groceries 400,000
Eating out 200,000
Miscellaneous 200,000

Total 1,227,000

Excluding mortgage, dental treatment for my daughter, Sky TV subscription that will kick in in 4 months, car insurance, clothes etc. for my daughter... that sounds about right, really.