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How much to budget each month?

 
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dereklee003



Joined: 03 Jan 2009

PostPosted: Sat Feb 21, 2009 9:21 pm    Post subject: How much to budget each month? Reply with quote

I am leaving the states for Busan next week, and was wondering about my expenses.

Since I will be wiring money home each month to pay a few bills, and since the rate continues to get worse, I am determined to stick to a budget. With that said...

Can I get by on 600,000 won per month?

I don't really drink, I only plan to eat non-Korean food like once a week or so...I lived in the philippines for two years and am used to being away from the spoils of western life and food...
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asams



Joined: 17 Nov 2008

PostPosted: Sat Feb 21, 2009 9:26 pm    Post subject: Reply with quote

i would estimate food costing around 200,000 per month. cell phone around 20,000 or so, utilities running anywhere from 70,000-200,000. you can certainly live on that, it'll just be a somewhat monastic lifestyle
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blackjack



Joined: 04 Jan 2006
Location: anyang

PostPosted: Sat Feb 21, 2009 11:09 pm    Post subject: Reply with quote

if you don't drink and buy any big items 100,000 a week is do able
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Big Mac



Joined: 17 Sep 2005

PostPosted: Sun Feb 22, 2009 8:17 am    Post subject: Reply with quote

blackjack wrote:
if you don't drink and buy any big items 100,000 a week is do able


If he drank only soju it would probably fit in his budget! Soju is dirt cheap.

I usually budget 1,000,000 Won a month for spending money and I save the rest. I get by very comfortably, and usually don't even spend my budget.
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agoodmouse



Joined: 20 Dec 2007
Location: Anyang

PostPosted: Sun Feb 22, 2009 6:23 pm    Post subject: Reply with quote

My cellphone bill was 151,930 this month. Stinks.
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Cerriowen



Joined: 03 Jun 2006
Location: Pocheon

PostPosted: Sun Feb 22, 2009 6:42 pm    Post subject: Reply with quote

Most people that I know who really try hard to save, and live cheaply, can get by on 400-600 a month. I get by fairly comfortably on about 1,000 a month, and save the rest.
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