Dreaming of saving money? Maybe you would like to travel to some exotic island or even pay for your wedding. Maybe your student loans are weighing you down and you would like to go to graduate school. Teaching in Korea can make all these dreams a possibility!
Korea is a great place to save money. With efficient transportation systems, cheap internet and affordable health care, teachers can live comfortably while saving money. Living expenses can be considerably lower than in the West, especially when it comes to utility bills and phone contracts. Even bank charges are mostly free and international transfer fees are lower than what they would charge you in your home country. This is how I managed to travel the world, save money and pay for a wedding! Below are my top 3 tips for saving money in Korea.
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It's no big secret that teaching English in Korea is a great way to save a sizable chunk of money. I'm sure you've seen bloggers boasting about putting $1,000 USD per month into savings while working in Korea. I'm also sure this was met with a degree of skepticism and follow-up Googling. Well, this is very, very possible as a teacher in Korea. With a reasonable overall cost of living, getting by from day to day here can easily be done on the cheap, so long as you're committed to a degree of frugality and creating good habits. In my three years in Korea, I feel like I've managed my money well, so here are some money budgeting tips and tricks that I've picked up along the way.
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Most con and scam articles start by saying this isn't a con or scam article. But really, this article isn't. How can I prove that to you? Well, I'll make this piece as short, simple, straightforward as I can.
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teaching in Korea,
Saving,
Money,
Expenses