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Cash On Hand Upon Arrival... the Minimum?
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Fermentator75



Joined: 27 Jul 2009

PostPosted: Wed Jul 29, 2009 2:12 pm    Post subject: Cash On Hand Upon Arrival... the Minimum? Reply with quote

How much can one get bye (I can survive on bare bones) with bringing if I was waiting for a ticket reimbursement (and how long until you get repaid normally) or cash needed while waiting for your first paycheck if the flight was already covered? Any ballpark figures? Mahalo

Last edited by Fermentator75 on Thu Jul 30, 2009 1:50 am; edited 1 time in total
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JasperTeach



Joined: 13 Apr 2009

PostPosted: Wed Jul 29, 2009 3:31 pm    Post subject: Reply with quote

people are gonna hate on you on here, you actually have energy
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kinerry



Joined: 01 Jun 2009

PostPosted: Wed Jul 29, 2009 3:44 pm    Post subject: Reply with quote

JasperTeach wrote:
people are gonna hate on you on here, you actually have energy


I was thinking the same thing.

Give them a few months, that's easily fixed
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Burndog



Joined: 17 Feb 2008

PostPosted: Wed Jul 29, 2009 6:06 pm    Post subject: Reply with quote

I think that the post appears trollish because you haven't asked any questions, and you've made a list of generalisations. This appears to be a post designed to elicit negative responses...which is why it might appear trollish.

Good luck with it all OP, I hope that you have a good time teaching and browsing.
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Kevtron



Joined: 17 Jul 2007

PostPosted: Thu Jul 30, 2009 5:08 am    Post subject: Reply with quote

I'd say bring at least $1000. When I arrived my paycheck was just over a month away (it's all monthly paydays here if you didn't check your contract closely), and money goes fast your first few months. You may also not get reimbursed immediately.

Once you get your first paycheck you'll be fine.
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Chambertin



Joined: 07 Jun 2009
Location: Gunsan

PostPosted: Thu Jul 30, 2009 5:16 am    Post subject: Reply with quote

500 USD if you live on the cheap and dont need to buy a couple necessities for the apartment.
Many of the simple items you are use to paying nothing for are more expensive here. Then again other items can be had cheaper.

However 1k USD is the best.
Do you have a major credit card? Not a bank card or debit card, a real international credit card. If so then just use that for any apartment purchases and the 500 USD will go far.
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stayfocused



Joined: 27 Jul 2009
Location: Seoul

PostPosted: Thu Jul 30, 2009 5:48 am    Post subject: Reply with quote

Yea 500 to 1000 USD. If things get real bad you can borrow money from your friendly coworkers until your first paycheck.
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furtakk



Joined: 02 Jun 2009

PostPosted: Thu Jul 30, 2009 8:01 am    Post subject: Reply with quote

just to jump in because i'll be leaving soon as well, did you guys exchange money beforehand or did you just wait until you arrived?
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thoreau



Joined: 21 Jun 2009

PostPosted: Thu Jul 30, 2009 3:31 pm    Post subject: Reply with quote

furtakk wrote:
just to jump in because i'll be leaving soon as well, did you guys exchange money beforehand or did you just wait until you arrived?


My understanding is there are plenty of opportunities to exchange in the Incheon airport.
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OnTheOtherSide



Joined: 29 Feb 2008

PostPosted: Thu Jul 30, 2009 3:33 pm    Post subject: Reply with quote

I came in with 300 bucks and I made it. But just barely. I would say 400 is about the safe minimum.

A thousand? Maybe if you're a spoiled rich boy who doesn't know how to conserve money.
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Steelrails



Joined: 12 Mar 2009
Location: Earth, Solar System

PostPosted: Thu Jul 30, 2009 4:26 pm    Post subject: Reply with quote

I did it on 100 dollars, no joke. Between school lunch and kim-bap naras, I was able to eek out that first week. I actually had 35 bux left over from it all. Just vizualize what you will NEED, come with that, and spend your money only on food and other necessities.
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Fermentator75



Joined: 27 Jul 2009

PostPosted: Fri Jul 31, 2009 12:28 am    Post subject: Reply with quote

Thanks peeps... I am feeling better about arriving with less flow and making a list of the bare necessities to bring with. Traveling ultra-light.
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egrog1717



Joined: 12 Mar 2008

PostPosted: Fri Jul 31, 2009 1:33 am    Post subject: Reply with quote

Came with 200k, and was given another 300k by SMOE (contract "resettlement allowance") 2 weeks in....

Just just juuuust made it through a month to my payday...
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Johnysuth



Joined: 17 Feb 2009

PostPosted: Fri Jul 31, 2009 5:07 am    Post subject: Reply with quote

thoreau wrote:
furtakk wrote:
just to jump in because i'll be leaving soon as well, did you guys exchange money beforehand or did you just wait until you arrived?


My understanding is there are plenty of opportunities to exchange in the Incheon airport.


there's an international atm at the airport.
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Captain Marlow



Joined: 23 Apr 2008
Location: darkness

PostPosted: Fri Jul 31, 2009 5:15 am    Post subject: Reply with quote

you can survive on a little, but take into account the fact that your first month you will be asked by both korean & foreign coworkers to go for dinners and whatnot.... the first month is when you'll make an "impression" on everyone you'll be working with... while foreign coworkers may understand the "i'm skint" excuse, i'd hate to tell one of my korean coworkers that excuse...

500,000 won minimum would be a "comfortable" cushion, more would be grand... just find some cheap korean food that you like, skip breakfast, and save the bars/clubs til your first paycheque and then go crazy...

good luck
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