| View previous topic :: View next topic |
| Author |
Message |
simon_capetown
Joined: 06 Sep 2010
|
Posted: Mon Dec 13, 2010 8:39 am Post subject: Living on 800 000 won a month... |
|
|
Hi
I know the issue of saving has been covered a few times, but what I'd like to establish is the quality of life one could have in Korea, spending 800 000 won per month ( assuming accommodation is covered).
I dont drink or smoke and my goal is to save money when I'm over there. I will have all the other expenses foreigners have and I anticipate spending at least 60 000 won per month on a gym contract.
I'm not too interested in electronic items, or clothes as I'm covered in this respect (pun intended). I also have an extremely healthy diet, and want to do a lot of home cooking.
Anyway, look forward to the responses.
Thanks
Simon |
|
| Back to top |
|
 |
Cedar
Joined: 11 Mar 2003 Location: In front of my computer, again.
|
Posted: Mon Dec 13, 2010 9:00 am Post subject: |
|
|
| In Seoul that's more than you need if you do a lot of cooking, like you said. but if you like organics, if you want to drink often, go out to a lot of performances/clubs, etc. Then you may run out of money. Figure your phone will cost you 70,000 a month (if you don't talk too much but use a reg. Korean phone not a prepaid). Transpo runs average about 5 a day for me, but I usually need 4 distinct trips (too far apart for transfer), and there are days where I need more, sometimes a taxi, that's how it averages at around 5. Do you make your own coffee? Even a tall Americano is going to be 3,300 with your own take-out mug. Heat? How warm do you want your place? Internet is a little over 30,000 a month. How much fresh fruit do you want (the prices can get ridiculous esp in the mid winter). Do you cook with local ingredients or are you one of these people who has to search all over the city to find the specific ingredients they used back home? Certainly 800,000 would cover me if someone had my housing covered (my housing is 800,000 right now). |
|
| Back to top |
|
 |
interestedinhanguk

Joined: 23 Aug 2010
|
Posted: Mon Dec 13, 2010 9:14 am Post subject: |
|
|
| Cedar wrote: |
| Figure your phone will cost you 70,000 a month (if you don't talk too much but use a reg. Korean phone not a prepaid). |
Really? I have a contract plan and pay about 40,000. |
|
| Back to top |
|
 |
simon_capetown
Joined: 06 Sep 2010
|
Posted: Mon Dec 13, 2010 9:41 am Post subject: |
|
|
Thanks for the info so far.
Just some more info....
I wont be based in Seoul (should be one of Deagu, Busan or Daejon)
I'm happy to use local ingredients for cooking
I also do like fresh fruit and vegetables, I plan to cook chicken breasts or fish 5 nights a week and eat at school for lunch.
I dont want cable tv, just internet
Dont plan to spend much time on my cellphone.
As I said, the only thing I dont want to skimp on is a decent gym.
I suppose I'll do the usual things on weekends, such as dinner , movies etc (no expensive cubs or bars).
Cheers. |
|
| Back to top |
|
 |
Louis VI
Joined: 05 Jul 2010 Location: In my Kingdom
|
Posted: Mon Dec 13, 2010 11:11 am Post subject: |
|
|
| easy peasy lemon squeezy |
|
| Back to top |
|
 |
decolyon
Joined: 24 Jul 2010
|
Posted: Mon Dec 13, 2010 1:48 pm Post subject: |
|
|
| interestedinhanguk wrote: |
| Cedar wrote: |
| Figure your phone will cost you 70,000 a month (if you don't talk too much but use a reg. Korean phone not a prepaid). |
Really? I have a contract plan and pay about 40,000. |
I have a prepaid phone. I use it almost exclusively for texts (and ordering the occasional pizza.) I can get by on 20,000 won a month. For all calls I use my skype. Even when I talk for hours at a time a 12,000 charge lasts months.
As for 800,000 a month. Yes, it's doable. If your main purpose is to save money, it can be done. Just to warn you, a gym contract might be more than what you budgeted depending on location. And if you're going to restrain yourself to that much a month. the quality of life you'll be living wont be great. Just a warning though. I've known people that come here and say they're going to save so much and teach privates on the side and go home after a year with $20,000 in their pocket. After 6 months, they're the saddest and most bitter people ever. They hate their life and the only thing keeping them here is their bank account. After my friend saved $16k and then was set to go home and saw how terrible the exchange rate was, I honestly thought he was going to put a gun to his head. |
|
| Back to top |
|
 |
Scriabin
Joined: 19 Nov 2010
|
Posted: Mon Dec 13, 2010 1:49 pm Post subject: |
|
|
i intend to live off 400,000 KRW a month in seoul
is this possible?
is a cell phone even necessary?  |
|
| Back to top |
|
 |
zappadelta

Joined: 31 Aug 2004
|
Posted: Mon Dec 13, 2010 2:27 pm Post subject: |
|
|
| simon_capetown wrote: |
Thanks for the info so far.
Just some more info....
I wont be based in Seoul (should be one of Deagu, Busan or Daejon)
|
That's the difference that will make it possible for you. In those cities, should also be able to find a gym for cheaper than 60/month. I pay 60/month for a nice gym in Seoul |
|
| Back to top |
|
 |
waynehead
Joined: 18 Apr 2006 Location: Jongno
|
Posted: Mon Dec 13, 2010 2:49 pm Post subject: |
|
|
| Scriabin wrote: |
i intend to live off 400,000 KRW a month in seoul
is this possible?
is a cell phone even necessary?  |
No, not realistically. |
|
| Back to top |
|
 |
AsiaESLbound
Joined: 07 Jan 2010 Location: Truck Stop Missouri
|
Posted: Mon Dec 13, 2010 3:00 pm Post subject: |
|
|
| Scriabin wrote: |
i intend to live off 400,000 KRW a month in seoul
is this possible?
is a cell phone even necessary?  |
Not with these food prices unless you are one of those skinny guys who can go all day every da | |