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New in town, need some advice :)

 
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Necati



Joined: 19 Aug 2010

PostPosted: Fri Aug 20, 2010 8:47 am    Post subject: New in town, need some advice :) Reply with quote

Dear all,

I will start a 10 week Korean Language classes at a university in Seoul!

The lessons will be from 9am to 1PM, from monday to friday, so I'll be off in the afternoons, evenings and weekends.

My question: I have done some research and found some rooms to rent anywhere from 300 to 700k won a month..

I was wondering: would I be able to live of a budget of 2.8 million a month? I will not have any other income in Seoul so need to make sure I have some money to survive the 10 weeks Smile)

So, if I have 2.8 mio to spend a month, spend 600K on the room (including util.) and have 2.3 mio.. would this be enough to live �comfortably�???

I understand that it depends on your live style but just have few dinners outside a week, few drinks and some cooking at home? At �normal� places (no 5 star hotel restaurants?)

I know there are many threads here about cost of living and I have read a lot but just wanted your guys opinions..

How much does a English instructor normally get a month there? after the taxes? How do you live?

Many thanks in advance for all the infos guys!!!!!
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RMNC



Joined: 21 Jul 2010

PostPosted: Fri Aug 20, 2010 11:23 am    Post subject: Reply with quote

You'll live very comfortably. Most teachers are paid between 2.0-2.5 million won to teach. Taxes don't add up to much. It's easy to save money as long as you don't go out three times a week and buy rounds of drinks for everyone around you and eat at fancy restaurants.
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madoka



Joined: 27 Mar 2008

PostPosted: Fri Aug 20, 2010 11:52 am    Post subject: Reply with quote

Everything is relative and depends on the lifestyle you are accustomed to. I found that I was spending about $2000 per week in Korea to maintain a similar lifestyle to back home. Proportionally though, it's about half of what I would normally spend in CA.

The trick is not to go on tourist shopping frenzies like I did. Since you are only there for 10 weeks, there's might be this temptation to buy a bunch of stuff. Otherwise, for basic living, your budget seems fine.
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GTG09



Joined: 03 Jul 2009

PostPosted: Fri Aug 20, 2010 5:16 pm    Post subject: Reply with quote

You can live more than comfortable on that. I live extremely comfortable with less pay than that and less money after I pay my bills.
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DeMayonnaise



Joined: 02 Nov 2008

PostPosted: Fri Aug 20, 2010 5:22 pm    Post subject: Reply with quote

madoka wrote:
I found that I was spending about $2000 per week in Korea to maintain a similar lifestyle to back home.


Do you sprinkle gold flakes on everything you eat? $2000 a week...good lord.

OP, assuming you live a relatively normal life, 2.8 mil should be plenty to live off.
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tomato



Joined: 31 Jan 2003
Location: I get so little foreign language experience, I must be in Koreatown, Los Angeles.

PostPosted: Fri Aug 20, 2010 7:24 pm    Post subject: Reply with quote

How did you get in this program?
Sometimes I wish I could take that much time off and devote full time to learning Korean.
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northway



Joined: 05 Jul 2010

PostPosted: Fri Aug 20, 2010 8:31 pm    Post subject: Reply with quote

DeMayonnaise wrote:
madoka wrote:
I found that I was spending about $2000 per week in Korea to maintain a similar lifestyle to back home.


Do you sprinkle gold flakes on everything you eat? $2000 a week...good lord.


Seriously, I couldn't spend that much if I tried.
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sojusucks



Joined: 31 May 2008

PostPosted: Sat Aug 21, 2010 12:27 am    Post subject: Reply with quote

madoka wrote:
Everything is relative and depends on the lifestyle you are accustomed to. I found that I was spending about $2000 per week in Korea to maintain a similar lifestyle to back home. Proportionally though, it's about half of what I would normally spend in CA.

The trick is not to go on tourist shopping frenzies like I did. Since you are only there for 10 weeks, there's might be this temptation to buy a bunch of stuff. Otherwise, for basic living, your budget seems fine.


$2000 a week? For what? Love motels with friends?
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madoka



Joined: 27 Mar 2008

PostPosted: Sat Aug 21, 2010 9:02 am    Post subject: Reply with quote

sojusucks wrote:
$2000 a week? For what? Love motels with friends?


Like I mentioned, I shop a lot. I spent about $3-4,000 on gifts just for my students last time I was in Korea. The shopkeepers in Namdaemun love me.
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Necati



Joined: 19 Aug 2010

PostPosted: Mon Aug 23, 2010 4:57 am    Post subject: Thanks Reply with quote

Thanks all for the feedback!

Yeah, 2k a week is certainly possible.. even more Wink
if you plan an expensive stay, try the Intercontinal Seoul for the presidental suite.. 2200 USD per night (thats with discount).. buy a gucci (hand) back for your girlfriend at Lotte (780k won), go to dinner back to Intercontinal for two: 225k won...

Yes, 2k a week is do-able Smile) but I can't do it (this time Wink )

Thanks again guys for the feedbacks.. it is indeed different if you go there for vacation and you stay only a few days/week than actually living there.


And for all who were asking where I found the program; many univercities are offering such 10 week courses. One I found was at Yonsei, price is 1.5 million won.. EWHA is also offering such for around 1.4 million won..

Can't wait to move soon!!

if anyone got a spare room which you want to rent for 10 weeks, let me know Wink
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