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Keepongoing
Joined: 13 Feb 2003
Location: Korea
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 Posted: Sun Oct 14, 2007 11:53 pm Post subject: How much would it take for you to live back home |
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How much money would it take for you to live back home and would you be able to make enough back there.
I would live ok on a few 1000 US a month and that is in California, but I would not be able to save anything. I would have to stay in a small apartment or rent a room. In 2002 I was making about 22.00 an hour as a staff accountant |
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Alyallen
Joined: 29 Mar 2004
Location: The 4th Greatest Place on Earth = Jeonju!!!
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| Posted: Mon Oct 15, 2007 12:22 am Post subject: |
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| I'm going back to the U.S. as a grad student. I honestly have no clue since I've never rented an apartment or had a long term full time job while I was there. I only lived in the U.S. 3 months after graduating from college before coming here.... |
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yushin
Joined: 14 Oct 2006
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| Posted: Mon Oct 15, 2007 1:40 am Post subject: |
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| it's incalculable...so for now I stay put! |
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SuperHero
Joined: 10 Dec 2003
Location: Superhero Hideout
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| Posted: Mon Oct 15, 2007 12:59 pm Post subject: |
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| I'm going back when I have enough money to buy an apartment building with 8-12 units and I'll live off the rent. |
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Thunndarr
Joined: 30 Sep 2003
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| Posted: Mon Oct 15, 2007 3:56 pm Post subject: |
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| Probably around $80,000 a year or so. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Mon Oct 15, 2007 4:04 pm Post subject: |
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| Based on experience to have a one bedroom apartment, pay rent, pay utilities, pay all your taxes, save $1000 a month, use the subway twice a day, eat out a couple times a week, see a movie once a week, buy new clothes, take a yearly vacation abroad, and generally not have to count pennies, you need to make about $45K gross a year. |
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VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
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| Posted: Mon Oct 15, 2007 4:15 pm Post subject: |
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| mindmetoo wrote: |
| Based on experience to have a one bedroom apartment, pay rent, pay utilities, pay all your taxes, save $1000 a month, use the subway twice a day, eat out a couple times a week, see a movie once a week, buy new clothes, take a yearly vacation abroad, and generally not have to count pennies, you need to make about $45K gross a year. |
You gotta be kidding!
I was making EXACTLY $45,000 per year as a journalist in 2000 and there was no way I could save a thousand a month after paying taxes, rent, car insurance, repairs and gas, cell phone and eating out a couple times per week. And have extra funds to travel abroad? Not unless I counted pennies and skimp on some basic stuff.
My standard of living and cash flow increased when I took a 2.0 mill per month teaching job in korea.
To accomplish all you mention mindmetoo, I think where I'm coming from you'd need at least $60,000 per year in gross salary. |
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Thunndarr
Joined: 30 Sep 2003
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| Posted: Mon Oct 15, 2007 4:29 pm Post subject: |
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| VanIslander wrote: |
| mindmetoo wrote: |
| Based on experience to have a one bedroom apartment, pay rent, pay utilities, pay all your taxes, save $1000 a month, use the subway twice a day, eat out a couple times a week, see a movie once a week, buy new clothes, take a yearly vacation abroad, and generally not have to count pennies, you need to make about $45K gross a year. |
You gotta be kidding!
I was making EXACTLY $45,000 per year as a journalist in 2000 and there was no way I could save a thousand a month after paying taxes, rent, car insurance, repairs and gas, cell phone and eating out a couple times per week. And have extra funds to travel abroad? Not unless I counted pennies and skimp on some basic stuff.
My standard of living and cash flow increased when I took a 2.0 mill per month teaching job in korea.
To accomplish all you mention mindmetoo, I think where I'm coming from you'd need at least $60,000 per year in gross salary. |
I imagine that figure is highly dependent on where you were living previously. (It may also represent cost of living circa 2003.) |
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canuckistan
Mod Team
Joined: 17 Jun 2003
Location: Training future GS competitors.....
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| Posted: Mon Oct 15, 2007 6:16 pm Post subject: |
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| SuperHero wrote: |
| I'm going back when I have enough money to buy an apartment building with 8-12 units and I'll live off the rent. |
Now there's a plan!
Are you ready for whingy tenants @ 2 AM though?
Choose your 8-12 units well! |
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just4u
Joined: 30 May 2007
Location: Georgia, USA
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| Posted: Mon Oct 15, 2007 6:44 pm Post subject: |
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| Alyallen wrote: |
| I'm going back to the U.S. as a grad student. I honestly have no clue since I've never rented an apartment or had a long term full time job while I was there. I only lived in the U.S. 3 months after graduating from college before coming here.... |
Yeah me too. I was still really young when I came BACK from Asia and moved back in with my family and am trying to move out now. I am trying to figure out how to make money so I can do all this. I was a really young graduate and never really talked to anyone but my ex-boyfriend  so now I am figuring out how to do things. So you're not the only one in that boat...let us know how it goes. (Tip: try to get in a program where you can go to school during either JUST during the day or JUST at night-a split shift schedule will make it impossible for you to work not to mention run you ragged-it also helps to make as many friends as possible to show you how to do things.) |
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just4u
Joined: 30 May 2007
Location: Georgia, USA
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| Posted: Mon Oct 15, 2007 6:46 pm Post subject: Re: How much would it take for you to live back hom |
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| Keepongoing wrote: |
How much money would it take for you to live back home and would you be able to make enough back there.
I would live ok on a few 1000 US a month and that is in California, |
OMG HOW. Am I reading this right, or was this a typo? 
EDIT: Never mind I saw the word "few" |
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The Perfect Cup of Coffee
Joined: 17 Jun 2007
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| Posted: Mon Oct 15, 2007 7:09 pm Post subject: |
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| I'd need at least $60,000 a year to even think about it. Even then, I find life 'back home' in NA eats up so much more of my paycheck than living here. Taxes alone just seem to suck the life out of working for anybody but yourself. |
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SuperHero
Joined: 10 Dec 2003
Location: Superhero Hideout
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| Posted: Mon Oct 15, 2007 7:43 pm Post subject: |
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| canuckistan wrote: |
| SuperHero wrote: |
| I'm going back when I have enough money to buy an apartment building with 8-12 units and I'll live off the rent. |
Now there's a plan!
Are you ready for whingy tenants @ 2 AM though?
Choose your 8-12 units well! |
My dad gets to be the superintendent and deal with the whines. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Mon Oct 15, 2007 9:12 pm Post subject: |
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| VanIslander wrote: |
| mindmetoo wrote: |
| Based on experience to have a one bedroom apartment, pay rent, pay utilities, pay all your taxes, save $1000 a month, use the subway twice a day, eat out a couple times a week, see a movie once a week, buy new clothes, take a yearly vacation abroad, and generally not have to count pennies, you need to make about $45K gross a year. |
You gotta be kidding!
I was making EXACTLY $45,000 per year as a journalist in 2000 and there was no way I could save a thousand a month after paying taxes, rent, car insurance, repairs and gas, cell phone and eating out a couple times per week. And have extra funds to travel abroad? Not unless I counted pennies and skimp on some basic stuff.
My standard of living and cash flow increased when I took a 2.0 mill per month teaching job in korea.
To accomplish all you mention mindmetoo, I think where I'm coming from you'd need at least $60,000 per year in gross salary. |
I recall when I was making $45K a year I did all that. But of course I had to keep total track of my money coming in and going out. Then again, let me state I guess I'm using figures from 1998. And Toronto. So yes prices may well have gone up. Rents, for example. |
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Alinca
Joined: 05 Oct 2007
Location: Left Coast Center
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| Posted: Tue Oct 16, 2007 6:30 am Post subject: |
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| VanIslander wrote: |
To accomplish all you mention mindmetoo, I think where I'm coming from you'd need at least $60,000 per year in gross salary. |
That's about right as long as you are not paying debt or car payments, that would eat into that 1k savings per month. |
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