Korean Job Discussion Forums

[hugo_danner]

I've been in and out of Korea since 1995. Travelled a lot, ate out a lot, etc.... And didn't start saving until about 2-3 years ago. Since then, I started buying gold, silver, palladium, iridium and tellurium. Since then, I've managed to get me a nice little stash to come back home to. It's gone up quite nicely, but GHOD do I wish I'd have started saving earlier!!

So, the question is, what are you doing with your money? Stock market, savings, buying things, etc...? Me? I plan on getting me a couple acres of somewhere and start a small farm and see if I can make it in the aquaponics farming industry growing fish and organic herbs.......................but plans can change.

[Homer]

Saved and paid off my loan (first year and half).

Then invested and saved:

Bought a building in Canada (paid off a couple of months ago)
Bought an appartment here (paid off)
Invested in stocks, bonds and some RSSP type programs.
Invested in my childs education (education fund)
Used my extra income to start a consulting agency here (it now earns income and was well worth the investment)
Save in a travel account for our yearly trip.
Paid off the debts of a family member back home.

Thats pretty much it in a nutshell.

[seoulman1]

[Homer]

[Major Kong]

I invest within my own vested interests. I have never went wrong
paying myself.

[PRagic]

Sounds like I've gone the way of Homer.

-University job and the better half works, too
-Property
-Stocks
-Savings
-No debt (and haven't had any since 1990)

Looking to functionally retire at 45, defined as just teaching a couple of classes a semester and writing a paper or two a year.

[lowpo]

[crusher_of_heads]

Paying off 50% of a mortgage back in Canada.

Was planning a trip back to Canada in Februray-given the snowfall and it's not winter solstice, I am choosing between Bali or Phucket.


That, and stashing up money for a future stock buy once the maket starts to bottom out

[VanIslander]

I send a thousand dollars to my 78-year-old dad every month or two. As his only child I'll inherit his property so helping him out now isn't a waste financially but is basically done out of love. I tell him he could leave his home to charity and he jokes that if I don't get married soon I'll be the charity case.

I travel around Korea on weekends, not so much in recent months though.

I buy whatever I want in terms of clothes, books, dvds, whatever. And eat out in restaurants the way I like best: no concern over the price of items on the menu, no worrying about the bill.

And I still manage to have extra money most months. That's how I've paid for trips to New Zealand, Japan, back home to Canada a few times and now Thailand, with the extra bucks kicking around.

I REALLY don't understand people who say a hagwon paycheque doesn't go far, about how hard it is to save any money. There's always got to be an exceptional reason.

[BS.Dos.]

Been here 4-months now and unfortunately, my bank balance back home isn't any healthier than when I left.

My MSc studies are costing me 250 quid ($500) per month, I'm going to China for 10-days on Sunday and I sent about 400 quid back home to cover xmas presents for my family, which has cleaned me out.

I'll probably have an additional grand ($2000) to pay off on my credit card after my China trip also, which means it'll probably be March before I can get anything tucked away.

Reckon I'll be lucky to save about 4 grand in my first year. Not nearly as much as I'd anticipated, but still more than I'd have managed if I'd stayed in the UK.

[stevieg4ever]

thats very good going. what kind of consultancy agency do you have?

[Woden]

Paying for MSc tuition fees, paying for holidays in Japan, China and Thailand...

...when finished here I will use the money saved to work in education, probably voluntarily, on education international development/AID work.

Any left over will go towards an EdD or PhD, or a year sojourn if I am fed up with academia.

[stevieg4ever]

ive just started here (and probably a lot younger than most on this thread at least) but at the moment i am really looking forward to travelling the continent.

Before I return though I want to save enough money to fund a professional qualification back home, something that is actually going to pay dividends unlike my BA degree in English Literature.

[Woden]

[Fishead soup]

Sick Buffullo in Ilsan Thailand.