| View previous topic :: View next topic |
| After 5 years in K-land, how much money should you have saved up? |
| under 100 mil |
|
45% |
[ 14 ] |
| 100-125 mil |
|
19% |
[ 6 ] |
| 125-150mil |
|
3% |
[ 1 ] |
| 150-200 mil |
|
3% |
[ 1 ] |
| 200-300 mil |
|
16% |
[ 5 ] |
| over 300 mil |
|
12% |
[ 4 ] |
|
| Total Votes : 31 |
|
| Author |
Message |
Jughead
Joined: 18 Dec 2007
|
 Posted: Fri Jun 20, 2008 9:50 pm Post subject: money saved after 5 years |
 |
|
| Sure it's relative, but whatever. Don't complain about the poll. Just vote or don't vote. |
|
| Back to top |
|
 |
Jughead
Joined: 18 Dec 2007
|
| Posted: Fri Jun 20, 2008 9:54 pm Post subject: |
|
|
| ^ I think you misread my poll |
|
| Back to top |
|
|
cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
|
| Posted: Fri Jun 20, 2008 10:01 pm Post subject: |
|
|
After scroling down, all I can say is that I'm glad it's Saturday and I'm not at my public school job where the v.p. can see my monitor from his desk! 
MODS! |
|
| Back to top |
|
|
wayfarer
Joined: 05 Jun 2007
|
| Posted: Fri Jun 20, 2008 10:41 pm Post subject: |
|
|
| cruisemonkey wrote: |
After scroling down, all I can say is that I'm glad it's Saturday and I'm not at my public school job where the v.p. can see my monitor from his desk!
MODS! |
The guy's out of control... I'm sure his account will be deleted in a moment. |
|
| Back to top |
|
|
Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
|
| Posted: Sat Jun 21, 2008 1:41 pm Post subject: |
|
|
Your poll is pretty stupid.
Most people say they can save about half of their monthly income. Most people seem to make around W2,200,000 a month. So for people who don't have to send money home to pay off college debts, the amount saved would be about W13,000,000 a year. 13 x 5 = 65
That's overly optimistic because people take trips home and go on vacations. A reasonable total for 5 years here would be down around W50,000,000. |
|
| Back to top |
|
|
yingwenlaoshi
Joined: 12 Feb 2007
Location: ... location, location!
|
| Posted: Sat Jun 21, 2008 3:48 pm Post subject: |
|
|
| The more I make, the more I spend. Saving money is ridiculous, 'cause you can't take it to your grave. |
|
| Back to top |
|
|
Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
|
| Posted: Sat Jun 21, 2008 4:01 pm Post subject: |
|
|
| Ant: Thank you for sharing your wisdom, Grasshopper. |
|
| Back to top |
|
|
yingwenlaoshi
Joined: 12 Feb 2007
Location: ... location, location!
|
| Posted: Sat Jun 21, 2008 4:30 pm Post subject: |
|
|
| Ya-ta Boy wrote: |
| Ant: Thank you for sharing your wisdom, Grasshopper. |
You talkin' to me? |
|
| Back to top |
|
|
Draz
Joined: 27 Jun 2007
Location: Land of Morning Clam
|
| Posted: Sat Jun 21, 2008 4:55 pm Post subject: |
|
|
| Ya-ta Boy wrote: |
Your poll is pretty stupid.
Most people say they can save about half of their monthly income. Most people seem to make around W2,200,000 a month. So for people who don't have to send money home to pay off college debts, the amount saved would be about W13,000,000 a year. 13 x 5 = 65
That's overly optimistic because people take trips home and go on vacations. A reasonable total for 5 years here would be down around W50,000,000. |
Even if you're cheap as hell (like me) you'll still only manage to save around $20,000/year. (Been here four months have 7,000,000 won, wowee.) About the only way to get past the first level of the poll is to work an extra job. You have to be a workoholic. A cheap workoholic. And possibly a criminal. |
|
| Back to top |
|
|
cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
|
| Posted: Sat Jun 21, 2008 5:45 pm Post subject: |
|
|
| Ya-ta Boy wrote: |
| Your poll is pretty stupid. |
I concur. This is the 'dumbest' poll ever posted on 'Dave's'. |
|
| Back to top |
|
|
ChinaBoy
Joined: 17 Feb 2007
|
| Posted: Sat Jun 21, 2008 6:50 pm Post subject: |
|
|
| cruisemonkey wrote: |
| Ya-ta Boy wrote: |
| Your poll is pretty stupid. |
I concur. This is the 'dumbest' poll ever posted on 'Dave's'. |
This is going to get more votes than the stupid poll  |
|
| Back to top |
|
|
esetters21
Joined: 30 Apr 2006
Location: Seoul
|
| Posted: Sat Jun 21, 2008 7:00 pm Post subject: |
|
|
| cruisemonkey wrote: |
| Ya-ta Boy wrote: |
| Your poll is pretty stupid. |
I concur. This is the 'dumbest' poll ever posted on 'Dave's'. |
I secondly concur that your figures are not only stupid, but extraordinarily so. |
|
| Back to top |
|
|
ytuque
Joined: 29 Jan 2008
Location: I drink therefore I am!
|
| Posted: Sat Jun 21, 2008 8:01 pm Post subject: |
|
|
I seem to be in the minority as usual on Dave's and find this a reasonable poll question.
I think saving $1000 US per month can be done easily. After 5 years, I think this is reasonable.
1. 60 x $1k = 60k
2. Interest on savings over 5 years = $6k
3. Refund of 5 years pension with employer match = $12k
4. 5 contract completion bonuses = $10k
How about $88k? |
|
| Back to top |
|
|
esetters21
Joined: 30 Apr 2006
Location: Seoul
|
| Posted: Sat Jun 21, 2008 8:19 pm Post subject: |
|
|
| ytuque wrote: |
I seem to be in the minority as usual on Dave's and find this a reasonable poll question.
I think saving $1000 US per month can be done easily. After 5 years, I think this is reasonable.
1. 60 x $1k = 60k
2. Interest on savings over 5 years = $6k
3. Refund of 5 years pension with employer match = $12k
4. 5 contract completion bonuses = $10k
How about $88k? |
The absolute low end of the spectrum of the poll is nearly reasonable for normal E-2 visa holders that work only under those conditions. Of course not everyone falls into this category, but many that post on this site do. Your assessment of the savings plan is doable for sure. |
|
| Back to top |
|
|
cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
|
| Posted: Sat Jun 21, 2008 8:23 pm Post subject: |
|
|
| ytuque wrote: |
I seem to be in the minority as usual on Dave's and find this a reasonable poll question.
I think saving $1000 US per month can be done easily. After 5 years, I think this is reasonable.
1. 60 x $1k = 60k
2. Interest on savings over 5 years = $6k
3. Refund of 5 years pension with employer match = $12k
4. 5 contract completion bonuses = $10k
How about $88k? |
So, what's your point? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
