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Sir John Hawkins
Joined: 07 Nov 2008 Location: Ulsan, SK
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Posted: Thu Dec 04, 2008 8:36 am Post subject: How much do you want to save in a year? |
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I am trying for around 10k, right now, with the won the way it is, I dont know if its going to be possible, but 5 grand is doable and thats including trips factored into the budget (14 day cruise and 60 days in the dominican republic)
What say you about savings? |
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bogey666

Joined: 17 Mar 2008 Location: Korea, the ass free zone
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Posted: Thu Dec 04, 2008 8:41 am Post subject: Re: How much do you want to save in a year? |
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Sir John Hawkins wrote: |
I am trying for around 10k, right now, with the won the way it is, I dont know if its going to be possible, but 5 grand is doable and thats including trips factored into the budget (14 day cruise and 60 days in the dominican republic)
What say you about savings? |
is this in won? dollars? sterling?
sounds like dollars.
at current USD/won exchange rate 10K is possible, but it would mean a monastic lifestyle and I'm not sure about those trips of yours.
Just getting to the US will cost a fortune.. THEN you have to pay for a flight to the Dominican Republic (I'm quite fond of the DR) if it weren't so far away/expensive I'd take my vacation there over winter.
working for a year in Korea to come away with 5 grand?
man -- that'd be tough.
five grand is NOTHING. |
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Bibbitybop

Joined: 22 Feb 2006 Location: Seoul
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Posted: Thu Dec 04, 2008 9:09 am Post subject: |
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One Million Dollars.  |
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justaguy
Joined: 01 Jan 2008 Location: seoul
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Posted: Thu Dec 04, 2008 9:38 am Post subject: |
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I want to save everything.
But I can't.
So I don't. |
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I_Am_The_Kiwi

Joined: 10 Jun 2008
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Posted: Thu Dec 04, 2008 4:17 pm Post subject: |
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Was on track for 30k (NZD) but an up coming trip in winter and the exchange rate puts me at about 25k instead. |
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jkelly80

Joined: 13 Jun 2007 Location: you boys like mexico?
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Posted: Thu Dec 04, 2008 4:53 pm Post subject: |
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I will hope to save 14 million this year. It used to be 15000k us, now its' 10.
It's not that hard. if you can save 750k/mo for the first 11, you'll get around 6000 back at the end (last month, severance, pension). Easy, peasy. |
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EzeWong

Joined: 26 Mar 2008 Location: Seoul
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Posted: Thu Dec 04, 2008 5:02 pm Post subject: |
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My goal is to bring back home upwards of 10,000 USD.
which is Bull *beep* at this point. I have nothing saved after 3 months. Too much food, going out, and generally buying useless shit like humidifiers etc.
In fact, I had a dream yestderday about not saving enough and having to work at the home depot hot dog stand for spare change... Pretty frightening.
I'm just waitng out for the won to come back up. None of us really have a choice unless we want to be eating ramen every meal and staying at home watching TV all day.
The other alternative is to bank on privates or side work... I haven't really explored this opportunity but you'd still be making $20 an hour if you're getting paid 30,000 won. Not great but not chump change either. |
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plynx

Joined: 03 Jun 2008
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Posted: Thu Dec 04, 2008 5:05 pm Post subject: |
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18-20 million. aim high  |
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milkweedma
Joined: 15 Dec 2006
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Posted: Thu Dec 04, 2008 5:14 pm Post subject: Dosh and Dollaros |
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i just sent NZ$16,300 (12,800,000 Won) back last week and im only 6 months into my second contract.
My first contract I sent back a total of NZ$23,000 (18,000,000 Won) after 10 months before i got fired from a nasty little duplicious rural Public school in rural Gangwon-do. |
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xCustomx

Joined: 06 Jan 2006
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Posted: Thu Dec 04, 2008 5:16 pm Post subject: |
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EzeWong wrote: |
which is Bull *beep* at this point. I have nothing saved after 3 months. Too much food, going out, and generally buying useless shit like humidifiers etc.
I'm just waitng out for the won to come back up. None of us really have a choice unless we want to be eating ramen every meal and staying at home watching TV all day.
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If you're spending all your money, in won, on food and other useless stuff like you described, why does it matter what the exchange rate its? Even if the rate was 50won = $1, you're saying you don't have any won left.
EzeWong wrote: |
The other alternative is to bank on privates or side work... I haven't really explored this opportunity but you'd still be making $20 an hour if you're getting paid 30,000 won. Not great but not chump change either. |
30,000 is chump change, even for a newbie like yourself. Charge 40k, teach 4-5 hours a week, and you've got most of your monthly spending money.
My goal is 30 million won a year. Next year is 35 million |
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livinginkunsan

Joined: 02 Dec 2006
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Posted: Thu Dec 04, 2008 5:39 pm Post subject: |
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50 million |
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MA_TESOL

Joined: 11 Nov 2007 Location: Seoul
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Posted: Thu Dec 04, 2008 5:52 pm Post subject: |
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in the past 8 months I have saved 1,750,000 Won a month painlessly |
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losing_touch

Joined: 26 Jun 2008 Location: Ulsan - I think!
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Posted: Thu Dec 04, 2008 6:08 pm Post subject: |
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With very little effort at all, I have saved 3.5 million in the last 3 months. I not deprived myself of anything. I live with my wife who is not working. We have plane tickets to Thailand. We eat out twice per week or so. This little upcoming holiday is going to take a chunk of change.
I reckon I will shoot for 15 million won. |
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poet13
Joined: 22 Jan 2006 Location: Just over there....throwing lemons.
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Posted: Thu Dec 04, 2008 6:15 pm Post subject: |
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We save a million a month and we're only a little careful. Family of four. |
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EzeWong

Joined: 26 Mar 2008 Location: Seoul
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Posted: Thu Dec 04, 2008 6:22 pm Post subject: |
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losing_touch wrote: |
With very little effort at all, I have saved 3.5 million in the last 3 months. I not deprived myself of anything. I live with my wife who is not working. We have plane tickets to Thailand. We eat out twice per week or so. This little upcoming holiday is going to take a chunk of change.
I reckon I will shoot for 15 million won. |
That's pretty good lifestyle. How much do you make?
Do you have all other things taken care of? The "fixed costs" as I like to call them. For example, washer, dryer, humidfier (lol). You know the kind of daily living things?
I'm just wondering how a single man like myself manages to spend so much more money than you do... You know other than spending it on taking out girls |
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