Korean Job Discussion Forums

[Hapkido-In]

I was talking with my friends the other day and we got onto the topic of money. We came upon the 'how much do you save a month?' and thought that it would be a good question to pass along to here. Now I've decided to alter the question a little because we don't all make the same amount of money. Instead of 'how much do you save a month', I'm going with...

How much, on average, do you spend a month?

For those of us in the two extreme categories, could you post how you do it? Like why you spend more than 1.5 million a month...or less than 250,000/month.

[ajgeddes]

I don't know what to answer. In general, it fluctuates from 400,000 to 650,000 per month, and then money for special things that I do. Lately, I have been spending a bit more money, but I went for about 6 months only spending about 400,000 a month, except for my hockey fees. I guess I will go with the 500,000 to 1 million per month category.

[sadsac]

I put away 600,000 per month, thats for bills and living expenses, the rest goes home. My spending and travel money is my OT which usually runs to bout 1.3 per month.

[europe2seoul]

I noticed on this board many people say how they spend little cash for their living expenses. But what lifestyle do you have?

I mean, if you eat good food (korean and foreign) groceries expenses add up. If you go out to eat every day average price is 5000 won per meal and more. Sure, you can eat kimbap and some small-shop kimchi chigae, kimchi bokkum and the like, but that's like eating hot-dogs and $1 menu from McDonalds every day. High quality food and ingredients cost money.

I am also saving money in Korea but I do not want to deprive myself from stuff in life. I mean, I live here not like I came here for some short time so like I am counting the days to leave and saving every won eating ramyeon and kimbab. What's the point in that? Wate of time in life.

[SuperHero]

family expenses including gas (for the car), daycare, kindergarten, food, subway, personal crap etc probably comes in around 1.5 to 1.8 per month for my family of four.

[SPINOZA]

[Wangja]

More than 1.5 million - but I am not a teacher and my earnings are higher. As a percentage, howver, my expenses are much less than 75% of my gross pay a month.

[jmbran11]

Though my rent is paid for, my apartment maintenance fees and utilities alone are over 300,000 won, so I know I couldn't make it for less than 250,000. My husband and I spend too much on food, but since we both work it's easy to splurge and still save. I can't believe so many Korean couples choose to live on one income.

[europe2seoul]

[mole]

You rich bastages. Why are you slumming here with us teachers?

[europe2seoul]

[mole]

I was kind of poking fun inwardly. We teachers get no respect, and while we might have more free time,
some of us wonder what you non-teachers are doing.

[europe2seoul]

[StAxX SOuL]

More than 1.5M... on me, lol

[tzechuk]