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#1 Tip for Getting Ready to Leave Korea
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World Traveler



Joined: 29 May 2009

PostPosted: Mon Mar 21, 2016 1:26 am    Post subject: Reply with quote

creeper1 wrote:
certainly someone with a bit of drive can make A LOT of money in Korea.

i happen to think you are barking mad giving up such a sweeeeet gig.

Explanation here:
http://teachinginkoreanuniversity.com/teaching-abroad-not-financially-lucrative/
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edwardcatflap



Joined: 22 Mar 2009

PostPosted: Mon Mar 21, 2016 1:44 am    Post subject: Reply with quote

World Traveler wrote:
creeper1 wrote:
certainly someone with a bit of drive can make A LOT of money in Korea.

i happen to think you are barking mad giving up such a sweeeeet gig.

Explanation here:
http://teachinginkoreanuniversity.com/teaching-abroad-not-financially-lucrative/


So it's lucrative when she wants to sell 'How to get your dream university job in South Korea' and 'The wealthy English teacher' but suddenly not lucrative when she's trying to flog 'life after TEFL ' or whatever her latest is called. Making money in Canada online will be no doubt suddenly be amazingly lucrative when she brings out her next book on that. Rolling Eyes
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liveinkorea316



Joined: 20 Aug 2010
Location: South Korea

PostPosted: Mon Mar 21, 2016 1:53 am    Post subject: Reply with quote

I just worked out through going back through a few posts that World Traveller is the sock of the OP. The above post was merely meant to bump the thread.

Mods I invite you to delete World Traveller.
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World Traveler



Joined: 29 May 2009

PostPosted: Mon Mar 21, 2016 2:26 am    Post subject: Reply with quote

Not a sock of the OP. Just answering creeper1's post.
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liveinkorea316



Joined: 20 Aug 2010
Location: South Korea

PostPosted: Mon Mar 21, 2016 2:22 pm    Post subject: Reply with quote

MODs World Traveller =Jib

World Traveller advertises Jibs blog. Jib is promoting a blog and using World Traveller sock to bump the thread and post the link.

World Traveller did it in multiple other threads.

World Traveller = Jib's sock
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liveinkorea316



Joined: 20 Aug 2010
Location: South Korea

PostPosted: Mon Mar 21, 2016 2:25 pm    Post subject: Reply with quote

Report submitted to MODs
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creeper1



Joined: 30 Jan 2007

PostPosted: Tue Mar 22, 2016 5:54 pm    Post subject: Reply with quote

I'm no fan of world traveler but it seems unlikely he is jeb's sock.

WT strikes me as an unsuccessful complainer that want his dream university job to drop into his lap. Jib is anything but that.

Also WT complained about the "cesspool" comment jib made referring to Dave's.

however I guess anything is possible.
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jlb



Joined: 18 Sep 2003

PostPosted: Wed Mar 23, 2016 8:02 pm    Post subject: Reply with quote

I'm way too busy to have alter-identities on Dave's. I barely post with this one. Sorry to bust up your theory.
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chellovek



Joined: 29 Feb 2008

PostPosted: Thu Mar 24, 2016 12:11 pm    Post subject: Reply with quote

If he's a sock, World Traveler is a well-crafted one.

I always used to enjoy how he would point out that America is the richest, most powerful, bestest country in the history of the entire universe.

That's the WT brand and it's a long-standing one.

Jib's stuff is entertaining too, but it's a different kind of entertaining. Instead of the garden variety "oh dear", it's more "oh dear".
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Weigookin74



Joined: 26 Oct 2009

PostPosted: Tue Apr 05, 2016 5:35 pm    Post subject: Reply with quote

GENO123 wrote:
jlb wrote:
Mike...I made more than double the average teacher in Korea and had about a 1/4 mill at the end of 10 years (assisted by investing a lot in stocks after the crash of 2009). But, I had the experience and qualifications to get the sweet uni gigs with lots of lucrative OT.

The average teacher can save 1,000,000 Won per month, so that's about $10,000 USD per year.

Le-Paul...love it!


You earned much of what you did when conditions with ESL Korean were considerably better than they are currently today.

It is important s to look ahead and not in the rear view mirror.


Pretty much. The 2008 - 2009 recession pretty much ruined Korea. It's still kind of ok, but not exceptional like it was. Competition has kept wages flat for more average ESLers here, inflation has risen, and exchange rates have fluctuated. It's a shame. Korea was a sweet gig. I'm only disappointed I got here at the end of the curve before it started crashing.

I am glad I got here when the getting was good and went rural public when no one else was willing to. Keeping the post and getting raises has allowed me to stay ahead of the curve. But, I'm prob only slightly better than ESLers making 2.1 million a decade ago with inflation factored in. Though the exchange rate has mostly recovered for Canadians, I'd say it's about 90 to 95% of where it was pre 2008. But with public schools tightening the screws, cutting back in some places, and making you jump through hoops more and more for renewal each year, it will get to the point that over the next few years, even this won't be worth it anymore.

On the other had, the number of foreigners have dropped. Is it due to the rise of China, the US economy getting better, or due to less jobs here? So, there may be a mini boom here again in a year or two. (But, it'll never be to the same extent of what it was.)
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trueblue



Joined: 15 Jun 2014
Location: In between the lines

PostPosted: Tue Apr 05, 2016 7:35 pm    Post subject: Reply with quote

#1 tip in my guesstimation, would be...

...to have an extra set of documents.
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World Traveler



Joined: 29 May 2009

PostPosted: Sun Jun 05, 2016 5:16 pm    Post subject: Reply with quote

Weigookin74 wrote:
The 2008 - 2009 recession pretty much ruined Korea.

But it was already on its way down before that (in terms of earnings/savings potential, ease of getting a plum job. etc.). In America, unemployment is at 2007 levels- 4.7% (and for a college grad it's half of that) with average hourly wages at $25.59 an hour. That's not bad at all. But I don't think that will translate into the English teaching market becoming better. Too many public school / university / hagwon NET cutbacks. And more people know about it / more k-pop fans, so more applicants than ever, even as the total number of jobs shrink.
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