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How much do you want to save in a year?
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Sir John Hawkins



Joined: 07 Nov 2008
Location: Ulsan, SK

PostPosted: Thu Dec 04, 2008 8:36 am    Post subject: How much do you want to save in a year? Reply with quote

I am trying for around 10k, right now, with the won the way it is, I dont know if its going to be possible, but 5 grand is doable and thats including trips factored into the budget (14 day cruise and 60 days in the dominican republic)

What say you about savings?
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bogey666



Joined: 17 Mar 2008
Location: Korea, the ass free zone

PostPosted: Thu Dec 04, 2008 8:41 am    Post subject: Re: How much do you want to save in a year? Reply with quote

Sir John Hawkins wrote:
I am trying for around 10k, right now, with the won the way it is, I dont know if its going to be possible, but 5 grand is doable and thats including trips factored into the budget (14 day cruise and 60 days in the dominican republic)

What say you about savings?


is this in won? dollars? sterling?

sounds like dollars.

at current USD/won exchange rate 10K is possible, but it would mean a monastic lifestyle and I'm not sure about those trips of yours.

Just getting to the US will cost a fortune.. THEN you have to pay for a flight to the Dominican Republic (I'm quite fond of the DR) if it weren't so far away/expensive I'd take my vacation there over winter.

working for a year in Korea to come away with 5 grand?
man -- that'd be tough.
five grand is NOTHING.
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Bibbitybop



Joined: 22 Feb 2006
Location: Seoul

PostPosted: Thu Dec 04, 2008 9:09 am    Post subject: Reply with quote

One Million Dollars. Twisted Evil
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justaguy



Joined: 01 Jan 2008
Location: seoul

PostPosted: Thu Dec 04, 2008 9:38 am    Post subject: Reply with quote

I want to save everything.

But I can't.

So I don't.
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I_Am_The_Kiwi



Joined: 10 Jun 2008

PostPosted: Thu Dec 04, 2008 4:17 pm    Post subject: Reply with quote

Was on track for 30k (NZD) but an up coming trip in winter and the exchange rate puts me at about 25k instead.
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jkelly80



Joined: 13 Jun 2007
Location: you boys like mexico?

PostPosted: Thu Dec 04, 2008 4:53 pm    Post subject: Reply with quote

I will hope to save 14 million this year. It used to be 15000k us, now its' 10. Sad

It's not that hard. if you can save 750k/mo for the first 11, you'll get around 6000 back at the end (last month, severance, pension). Easy, peasy.
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EzeWong



Joined: 26 Mar 2008
Location: Seoul

PostPosted: Thu Dec 04, 2008 5:02 pm    Post subject: Reply with quote

My goal is to bring back home upwards of 10,000 USD.

which is Bull *beep* at this point. I have nothing saved after 3 months. Too much food, going out, and generally buying useless shit like humidifiers etc.

In fact, I had a dream yestderday about not saving enough and having to work at the home depot hot dog stand for spare change... Pretty frightening.

I'm just waitng out for the won to come back up. None of us really have a choice unless we want to be eating ramen every meal and staying at home watching TV all day.

The other alternative is to bank on privates or side work... I haven't really explored this opportunity but you'd still be making $20 an hour if you're getting paid 30,000 won. Not great but not chump change either.
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plynx



Joined: 03 Jun 2008

PostPosted: Thu Dec 04, 2008 5:05 pm    Post subject: Reply with quote

18-20 million. aim high Wink
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milkweedma



Joined: 15 Dec 2006

PostPosted: Thu Dec 04, 2008 5:14 pm    Post subject: Dosh and Dollaros Reply with quote

i just sent NZ$16,300 (12,800,000 Won) back last week and im only 6 months into my second contract.
My first contract I sent back a total of NZ$23,000 (18,000,000 Won) after 10 months before i got fired from a nasty little duplicious rural Public school in rural Gangwon-do.
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xCustomx



Joined: 06 Jan 2006

PostPosted: Thu Dec 04, 2008 5:16 pm    Post subject: Reply with quote

EzeWong wrote:

which is Bull *beep* at this point. I have nothing saved after 3 months. Too much food, going out, and generally buying useless shit like humidifiers etc.

I'm just waitng out for the won to come back up. None of us really have a choice unless we want to be eating ramen every meal and staying at home watching TV all day.


If you're spending all your money, in won, on food and other useless stuff like you described, why does it matter what the exchange rate its? Even if the rate was 50won = $1, you're saying you don't have any won left.

EzeWong wrote:

The other alternative is to bank on privates or side work... I haven't really explored this opportunity but you'd still be making $20 an hour if you're getting paid 30,000 won. Not great but not chump change either.


30,000 is chump change, even for a newbie like yourself. Charge 40k, teach 4-5 hours a week, and you've got most of your monthly spending money.



My goal is 30 million won a year. Next year is 35 million
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livinginkunsan



Joined: 02 Dec 2006

PostPosted: Thu Dec 04, 2008 5:39 pm    Post subject: Reply with quote

50 million
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MA_TESOL



Joined: 11 Nov 2007
Location: Seoul

PostPosted: Thu Dec 04, 2008 5:52 pm    Post subject: Reply with quote

in the past 8 months I have saved 1,750,000 Won a month painlessly
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losing_touch



Joined: 26 Jun 2008
Location: Ulsan - I think!

PostPosted: Thu Dec 04, 2008 6:08 pm    Post subject: Reply with quote

With very little effort at all, I have saved 3.5 million in the last 3 months. I not deprived myself of anything. I live with my wife who is not working. We have plane tickets to Thailand. We eat out twice per week or so. This little upcoming holiday is going to take a chunk of change.

I reckon I will shoot for 15 million won.
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poet13



Joined: 22 Jan 2006
Location: Just over there....throwing lemons.

PostPosted: Thu Dec 04, 2008 6:15 pm    Post subject: Reply with quote

We save a million a month and we're only a little careful. Family of four.
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EzeWong



Joined: 26 Mar 2008
Location: Seoul

PostPosted: Thu Dec 04, 2008 6:22 pm    Post subject: Reply with quote

losing_touch wrote:
With very little effort at all, I have saved 3.5 million in the last 3 months. I not deprived myself of anything. I live with my wife who is not working. We have plane tickets to Thailand. We eat out twice per week or so. This little upcoming holiday is going to take a chunk of change.

I reckon I will shoot for 15 million won.


That's pretty good lifestyle. How much do you make?

Do you have all other things taken care of? The "fixed costs" as I like to call them. For example, washer, dryer, humidfier (lol). You know the kind of daily living things?

I'm just wondering how a single man like myself manages to spend so much more money than you do... You know other than spending it on taking out girls
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