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kentucker4
Joined: 03 Sep 2007
Location: Georgia
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 Posted: Sun May 11, 2008 9:57 am Post subject: my money after seven months |
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| I have 5.8 mil won in the bank. I should have more, but I spent like crazy when I first came here and still spurge sometimes on the weekends when I start drinking. |
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skconqueror
Joined: 31 Jul 2005
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| Posted: Sun May 11, 2008 10:07 am Post subject: |
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Better then some.. much worse than others.  |
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articulate_ink
Joined: 23 Mar 2004
Location: Left Korea in 2008. Hong Kong now.
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| Posted: Sun May 11, 2008 10:13 am Post subject: |
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| How nice for you. |
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teachteach
Joined: 26 Mar 2008
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| Posted: Sun May 11, 2008 10:23 am Post subject: |
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| It's alright. I think if you can save 5 mill or so a year it's pretty cool. Korea should be enjoyed because you'll be working for 'the man' plenty when you get home. |
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jackson7
Joined: 01 Aug 2006
Location: Kim Jong Il's Future Fireball
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| Posted: Sun May 11, 2008 6:34 pm Post subject: |
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| This post sounded like something from ol' fromtheuk. Unless you're seriously debt-ridden, saving 12+ a year should be doable. I saved 15 my first year, and 30+ last year. This year I'm clearing some more debt so I'm hoping to save close to 40. |
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hugekebab
Joined: 05 Jan 2008
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| Posted: Sun May 11, 2008 7:18 pm Post subject: Re: my money after seven months |
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| kentucker4 wrote: |
| I have 5.8 mil won in the bank. I should have more, but I spent like crazy when I first came here and still spurge sometimes on the weekends when I start drinking. |
I have 3.1 and I've been here since March 1st, so thats not too bad considering you've been pissing it up. |
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Draz
Joined: 27 Jun 2007
Location: Land of Morning Clam
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| Posted: Sun May 11, 2008 7:30 pm Post subject: Re: my money after seven months |
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| hugekebab wrote: |
| kentucker4 wrote: |
| I have 5.8 mil won in the bank. I should have more, but I spent like crazy when I first came here and still spurge sometimes on the weekends when I start drinking. |
I have 3.1 and I've been here since March 1st, so thats not too bad considering you've been pissing it up. |
If you continue at this rate, you will have 12.4 by the time you have been in Korea as long as kentucker4. That's more than twice as much money. |
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wittman2
Joined: 04 Apr 2008
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| Posted: Sun May 11, 2008 8:32 pm Post subject: |
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| I've got $500 saved after 2 paydays...but I also send home 1 million to pay on some loans, so I'm not too bummed out by my lack of savings yet |
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loose_ends
Joined: 23 Jul 2007
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| Posted: Sun May 11, 2008 9:33 pm Post subject: Re: my money after seven months |
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| kentucker4 wrote: |
| I have 5.8 mil won in the bank. I should have more, but I spent like crazy when I first came here and still spurge sometimes on the weekends when I start drinking. |
Don't forget your last month is huge, especially if you leave the country. You'll have not only your last months pay in full, but also your bonus and pension. That should roughly add to 3 full paychecks. Even if you don't save another dime for your final 5 months, adding your last month to your 5.8 would bring over 11 million, or hopefully 12 or 13 if you are paid well. |
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steroidmaximus
Joined: 27 Jan 2003
Location: GangWon-Do
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| Posted: Mon May 12, 2008 3:32 am Post subject: |
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| By the time you leave Korea, that should be worth about C$3000 |
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wylies99
Joined: 13 May 2006
Location: I'm one cool cat!
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| Posted: Mon May 12, 2008 4:02 am Post subject: |
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| Putting money on loans is NOT money lost or money spent. It's good to do for many reasons. |
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Beeyee
Joined: 29 May 2007
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| Posted: Mon May 12, 2008 5:12 am Post subject: |
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| I've been here almost a year and saved nothing. |
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citizen erased
Joined: 06 Apr 2008
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| Posted: Mon May 12, 2008 6:29 am Post subject: |
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ryouga013
Joined: 14 Sep 2007
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| Posted: Tue May 13, 2008 5:22 am Post subject: |
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| jackson7 wrote: |
| This post sounded like something from ol' fromtheuk. Unless you're seriously debt-ridden, saving 12+ a year should be doable. I saved 15 my first year, and 30+ last year. This year I'm clearing some more debt so I'm hoping to save close to 40. |
Yeah, 12k a year is what I'm doing. But how in the hell are you saving 40??? I'm not even making that much! |
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maddog
Joined: 08 Dec 2005
Location: Daegu
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| Posted: Tue May 13, 2008 5:32 am Post subject: |
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I'm gonna try to save 1.5 mil a month for the remainder of my contract (just over six months). After tax, pension, health, utils, phone, gym, that leaves about 400K for food, shopping, and the ocassional beer. I cook at home, take lunch to work, and seldom eat out, so I don't need a lot of money for food.
Of course if I go to Seoul, I'll blow my monthly allowance in a weekend  |
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