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Korea30003000
Joined: 14 Sep 2014
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 Posted: Mon Sep 22, 2014 8:40 pm Post subject: How much did it cost to get set up back home? |
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| How much did it cost you to get set up back home? This should include setup costs and the amount of money you burned through while you waited to get a job? |
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northway
Joined: 05 Jul 2010
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| Posted: Mon Sep 22, 2014 9:02 pm Post subject: |
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| This is incredibly dependent on where home is. London, Johannesburg, Boston, Auckland, Perth, Winnipeg, Dublin - teachers come from seven different countries with dramatically different costs of living. Even within a given country, you can't compare Boston and San Francisco to Cleveland and Milwaukee. Nobody else's experiences are going to help you budget here, unless you know specifically where you want to go. |
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le-paul
Joined: 07 Apr 2009
Location: dans la chambre
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| Posted: Mon Sep 22, 2014 9:06 pm Post subject: |
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| its a good thread to start though, Ive been wondering the same thing a lot recently... |
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Lucas
Joined: 11 Sep 2012
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| Posted: Mon Sep 22, 2014 9:07 pm Post subject: |
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buying vs renting vs staying with parents?
car vs public transport?
phone contract vs pay as you go?
Going out drinking every night with friends vs staying at home job hunting and a few beers?
ect.......
depending on your answers 500,000 pounds to 5,000 pounds.
Plus what pay level would you expect to get back home and in what field?
Going to London with a degree in Asian studies, having worked 4 years in a Kindergarten finger painting and 2 million won in savings - you could expect to be the CEO of Tesco in no time! |
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Yaya
Joined: 25 Feb 2003
Location: Seoul
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| Posted: Mon Sep 22, 2014 10:33 pm Post subject: |
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| I brought around 20,000 dollars when I went back to the U.S. That money goes fast, esp. if you buy a car and plan on living on your own in a new city. If you don't have that kind of dough, try to live with relatives or parents for a while so that your nest egg doesn't evaporate fast. Also be realistic about jobs and such, the U.S. job market is still reeling unless you want to go into retail. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Tue Sep 23, 2014 11:01 pm Post subject: |
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| How about Calgary, Edmonton, Regina, Saskatoon? They're all booming. Saskatchewan is obviously cheaper and maybe more dull than Alberta. I was thinking over 20,000 bucks at least would be needed. But maybe less or maybe more. Have no family out there, though I know plenty who have made the move. East coast sucks, now more than ever. |
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crescent
Joined: 15 Jan 2003
Location: yes.
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| Posted: Wed Sep 24, 2014 3:53 pm Post subject: |
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^
The prairies are booming and with that comes exorbitantly high rent and real estate prices. An entry level job will have you living on the outskirts of the outskirts of those cities. $30,000/year salary will not cut it at all.
My wife and I moved back to the TO area in February, and have found it quite hard to make ends meet with an entry level job. On general necessities and settlement costs, we have spent well over 20grand since arriving. We live outside the city and thus need a reliable car. You wont find anything reliable under $7,000 and you won't be able to get insured for under 3grand a year. Then there is licensing fees and the good old GST. Oh, and we have E taxes on all electronics now.
Granted, the main reason we are finding it tough is because she hasn't been able to find a decent job and we are living on one income. I could never let her settle for food service or cleaning work. I have plan which includes going back to school for a year to obtain a guaranteed stellar paying position out west but that's on hold for a while as we have family support to see us through this tough patch for a while. It took me 6 months to get the job I have now, and that was through family connections. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed Sep 24, 2014 4:46 pm Post subject: |
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| crescent wrote: |
^
The prairies are booming and with that comes exorbitantly high rent and real estate prices. An entry level job will have you living on the outskirts of the outskirts of those cities. $30,000/year salary will not cut it at all.
My wife and I moved back to the TO area in February, and have found it quite hard to make ends meet with an entry level job. On general necessities and settlement costs, we have spent well over 20grand since arriving. We live outside the city and thus need a reliable car. You wont find anything reliable under $7,000 and you won't be able to get insured for under 3grand a year. Then there is licensing fees and the good old GST. Oh, and we have E taxes on all electronics now.
Granted, the main reason we are finding it tough is because she hasn't been able to find a decent job and we are living on one income. I could never let her settle for food service or cleaning work. I have plan which includes going back to school for a year to obtain a guaranteed stellar paying position out west but that's on hold for a while as we have family support to see us through this tough patch for a while. It took me 6 months to get the job I have now, and that was through family connections. |
Yeah, I heard Ontario isn't doing so well. It's becoming like the maritimes in some ways. I thought entry level salaries in Calgary would be 40 K a year or near it?
What's an E tax? Is that an extra tax on top of the HST and other fees? |
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crescent
Joined: 15 Jan 2003
Location: yes.
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| Posted: Wed Sep 24, 2014 4:47 pm Post subject: |
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| As far as I've become familiar, entry level salaries out west are still around 30-35. E-tax is an environmental disposal tax on top of HST. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Wed Sep 24, 2014 10:49 pm Post subject: |
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| crescent wrote: |
^
The prairies are booming and with that comes exorbitantly high rent and real estate prices. An entry level job will have you living on the outskirts of the outskirts of those cities. $30,000/year salary will not cut it at all.
My wife and I moved back to the TO area in February, and have found it quite hard to make ends meet with an entry level job. On general necessities and settlement costs, we have spent well over 20grand since arriving. We live outside the city and thus need a reliable car. You wont find anything reliable under $7,000 and you won't be able to get insured for under 3grand a year. Then there is licensing fees and the good old GST. Oh, and we have E taxes on all electronics now.
Granted, the main reason we are finding it tough is because she hasn't been able to find a decent job and we are living on one income. I could never let her settle for food service or cleaning work. I have plan which includes going back to school for a year to obtain a guaranteed stellar paying position out west but that's on hold for a while as we have family support to see us through this tough patch for a while. It took me 6 months to get the job I have now, and that was through family connections. |
Boy am I glad my parents paid-off their mortgage on their Calgary house like 15 years ago. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Thu Sep 25, 2014 9:11 pm Post subject: |
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| crescent wrote: |
| As far as I've become familiar, entry level salaries out west are still around 30-35. E-tax is an environmental disposal tax on top of HST. |
I don't think 30 to 35 would be enough to live in Calgary. I think you'd have to be 40 or more. Maybe upper 30's could be acceptable but that'd be pushing it. Even then, it would be tough. Didn't some folks come on here about a year or so ago saying that they got jobs in the upper 30's or into the 40's?
So, when you buy an electronic how much is this extra tax? Must just be in Ontario? I didn't recall it out east last year when I went for a visit. One thing I hate about the west, most politicians are always trying screw you with a tax. (Prob be Korea in another 15 or 20 years, but for now, it's good here that way.) |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Thu Sep 25, 2014 9:25 pm Post subject: |
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http://swz.salary.com/CanadaSalaryWizard/Level-I-Accountant-Job-Description.aspx
Just one example but not so sure about all jobs or how many of this. Calgary's 4 % unemployment rate ought to push salaries higher than TO's. What were they 8% for quite a while? A booming economy usually does drive up wages. Anyways, I'd try to go nowhere but out west. Start up costs are huge, though. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Thu Sep 25, 2014 9:53 pm Post subject: |
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| Weigookin74 wrote: |
| crescent wrote: |
| As far as I've become familiar, entry level salaries out west are still around 30-35. E-tax is an environmental disposal tax on top of HST. |
I don't think 30 to 35 would be enough to live in Calgary. I think you'd have to be 40 or more. Maybe upper 30's could be acceptable but that'd be pushing it. Even then, it would be tough. Didn't some folks come on here about a year or so ago saying that they got jobs in the upper 30's or into the 40's?
So, when you buy an electronic how much is this extra tax? Must just be in Ontario? I didn't recall it out east last year when I went for a visit. One thing I hate about the west, most politicians are always trying screw you with a tax. (Prob be Korea in another 15 or 20 years, but for now, it's good here that way.) |
In Calgary, if you already own a good car, and have no rent, 30-40 is barely enough for someone who is single. Otherwise you are struggling. And most people are probably making in that 30-50 range. If you are white-collar, or a roughneck, you'll be making good coin. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Fri Sep 26, 2014 9:00 pm Post subject: |
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| Well, there has been a mass exodus of folks back home out east to Alberta. Nothing going on in the east. Years of mismanagement have taken their toll. |
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meangradin
Joined: 10 Mar 2006
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| Posted: Sat Sep 27, 2014 2:10 am Post subject: |
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$1.7 million canadian dollars, or around there, to go back and retire.
$700,000 to buy a house, furnishings, two cars and a small slush fund.
$1 million as a nest egg earning 5% a month ($5,000) to live off. |
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