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Lifestyle on 1M KRW? & UK online banking
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Globutron



Joined: 13 Feb 2010
Location: England/Anyang

PostPosted: Fri Sep 03, 2010 9:34 pm    Post subject: Reply with quote

In July I spent 250,000 won...

This included two trips to Seoraksan/sokcho and various nights out.
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air76



Joined: 13 Nov 2007

PostPosted: Fri Sep 03, 2010 9:38 pm    Post subject: Reply with quote

Globutron wrote:
In July I spent 250,000 won...

This included two trips to Seoraksan/sokcho and various nights out.


Impressive....does your school let you eat at the cafeteria for free?
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Globutron



Joined: 13 Feb 2010
Location: England/Anyang

PostPosted: Fri Sep 03, 2010 9:49 pm    Post subject: Reply with quote

No, I just ate cheaply. My bills every month seem to add up to 30,000, too. It doesn't make sense to me but apparently it's correct.

Of course, this isn't consistent. August I spent over a million and September probably more so by the end, taking into account things I plan on buying.
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air76



Joined: 13 Nov 2007

PostPosted: Fri Sep 03, 2010 10:47 pm    Post subject: Reply with quote

Peter258 wrote:
Surprised to hear people comment on how drinking will drain your budget.

Soju is only 3 bucks per bottle in the bars, as far as I can remember.


Soju is for homeless people or the unemployed....we are living a very frugal and nearly stingy lifestyle at the moment in order to save up capital for our business, but I'd rather be sober than touch that nasty-ass poison.

In response to the other part of your post....you have graduated from university, there is no longer a need to get drunk at your house before you go out to get drunk.
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Afghankush



Joined: 12 Aug 2010
Location: Seoul

PostPosted: Fri Sep 03, 2010 11:11 pm    Post subject: Reply with quote

air76 wrote:

In response to the other part of your post....you have graduated from university, there is no longer a need to get drunk at your house before you go out to get drunk.


Haha, yeah, word homeboy. +1 Don't go their sister.--^^
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Kurtz



Joined: 05 Jan 2007
Location: ples bilong me

PostPosted: Fri Sep 03, 2010 11:13 pm    Post subject: Reply with quote

OP,

Let me add quickly before this thread sinks into another fight, it sounds like from your brief outline of yourself, somewhere between 600,000-800,000 won per month will suit your spending needs. If you travel abroad in your holidays, this figure will go up.

I like a little luxury, I like to reward myself for being alive so I spend about 1,000,000 a month, but I earn a little more than your average 2.something salary (due to extra classes).

There are some VERY tight people living here who don't seem to leave their apartments very often, so take anything less than 600,000 month (including bills) as fairly tight living, that's less than 150,000 won for an entire week!
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Carl_00



Joined: 18 May 2009

PostPosted: Sat Sep 04, 2010 1:01 am    Post subject: Reply with quote

Thanks. I may send home a little less than I originally planned, and then I won't have to stick within the 1M.

But, does anyone manage bank accounts back at home from Korea? And is it possible to online bank my Korean account to send money home?
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Radius



Joined: 20 Dec 2009

PostPosted: Sat Sep 04, 2010 1:25 am    Post subject: Reply with quote

air76 wrote:
Peter258 wrote:
Surprised to hear people comment on how drinking will drain your budget.

Soju is only 3 bucks per bottle in the bars, as far as I can remember.


Soju is for homeless people or the unemployed....we are living a very frugal and nearly stingy lifestyle at the moment in order to save up capital for our business, but I'd rather be sober than touch that nasty-ass poison.

In response to the other part of your post....you have graduated from university, there is no longer a need to get drunk at your house before you go out to get drunk.

screw that. im 29, 5 years removed from college and I still pre-game at my house. Its much more fun to hit the bars rolling. then a ee-chun-CC will last me the night. play darts, eat some galbi, them go on home.
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tatu



Joined: 23 Jun 2006

PostPosted: Sat Sep 04, 2010 3:32 am    Post subject: Reply with quote

I don't see anything wrong with warming up at home, and then again at the corner mart, and then again while I'm walking and then again when I need a breather from the smoke in the club. Nothing like road pops.
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Forest



Joined: 09 Aug 2010

PostPosted: Sat Sep 04, 2010 5:16 am    Post subject: Reply with quote

Carl_00 wrote:
Thanks. I may send home a little less than I originally planned, and then I won't have to stick within the 1M.

But, does anyone manage bank accounts back at home from Korea? And is it possible to online bank my Korean account to send money home?





i do have accounts in the u.k which i manage from here just fine. im pretty sure most u.k banks have good online facilities and i've never had any problems.

as far as sending money back, i've never done it online. im sure that some banks here you can do it but most people just tend to go into a branch and do it over the counter. plus you usually don't get to chose your bank here and will be forced to open the same one which your employer has. to save them money i assume !!
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Nadia_M



Joined: 15 Jun 2010
Location: Daejeon, Korea

PostPosted: Sat Sep 04, 2010 5:17 am    Post subject: Reply with quote

My first month here, I spent 230,000 won. It was mostly on food, and a couple of small shopping trips.
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Man on Street



Joined: 28 Aug 2010
Location: In the Seoul

PostPosted: Sat Sep 04, 2010 5:45 am    Post subject: Reply with quote

Forest wrote:
Carl_00 wrote:
Thanks. I may send home a little less than I originally planned, and then I won't have to stick within the 1M.

But, does anyone manage bank accounts back at home from Korea? And is it possible to online bank my Korean account to send money home?





i do have accounts in the u.k which i manage from here just fine. im pretty sure most u.k banks have good online facilities and i've never had any problems.

as far as sending money back, i've never done it online. im sure that some banks here you can do it but most people just tend to go into a branch and do it over the counter. plus you usually don't get to chose your bank here and will be forced to open the same one which your employer has. to save them money i assume !!



I manage an account back home and I have online banking in Korea to send it directly, but as I mentioned on page 6 of this thread it may be a fluke
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BoholDiver



Joined: 03 Oct 2009
Location: Canada

PostPosted: Sat Sep 04, 2010 6:22 am    Post subject: Reply with quote

I spent maybe 300,000 a month in my first month. I got free lunch at school and ate a muffin in the morning. I rented videos for 1000 won each and was scared to go inside any buildings or to ride a taxi. Also, I was so jetlagged for 10 days or so, I fell asleep at 9 pm every night. Weekends, one day in Seoul and one day exploring my area.


I then moved up to about 1 million, a steady budget. Then I met my first g/f and my spending went up to maybe 1.3 or 1.4. She liked to drink and take taxis from Hongdae to my place.

If you date atypical K girl, you couldn't live on 1 mill. If you meet a nice lady who is not materialistic, it is possible.

Drinking (paying for 2): 30,000 for beer, 50,000 for cocktails.
Taxis: 5-10,000, maybe more
Motel to shag in: 30-50,000

It gets expensive quickly.
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Carl_00



Joined: 18 May 2009

PostPosted: Sat Sep 04, 2010 6:40 am    Post subject: Reply with quote

It's nice to know I can do my UK banking online and going into the branch won't be a big deal...I just quite like the idea of making international transfers of millions (of won Rolling Eyes) whilst sat in my underwear..oh well.
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Peter258



Joined: 18 Dec 2009

PostPosted: Sat Sep 04, 2010 9:31 am    Post subject: Reply with quote

air76 wrote:
Peter258 wrote:
Surprised to hear people comment on how drinking will drain your budget.

Soju is only 3 bucks per bottle in the bars, as far as I can remember.


Soju is for homeless people or the unemployed....we are living a very frugal and nearly stingy lifestyle at the moment in order to save up capital for our business, but I'd rather be sober than touch that nasty-ass poison.

In response to the other part of your post....you have graduated from university, there is no longer a need to get drunk at your house before you go out to get drunk.


Rolling Eyes who said anything about need? We're talking about cost savings here. Drinking at home with your buddies is pretty normal compared to other cost cutting habits I've seen around here Rolling Eyes

You sound like someone who wouldn't be caught dead inside a McDonald's.
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