How to Really Save Money Teaching in Korea

There are many reasons why people want to teach in Korea, but one of the main ones, that makes Korea stand out from other places in the world, is money. The potential to save money teaching in Korea is among the highest in the world.

But Korea has sooooo much to offer, besides money, it’s too easy to fall in love with the culture, the food, the nightlife…

In one way, this makes the decision to drop everything and live away from your home and family for a year that much easier. You’ll have amazing life and cultural experiences, you’ll be able to travel to much of Asia for relatively cheap, and especially if you’re in a larger city, you will never, ever, ever be bored.

This, however, is where the problem lies. With all of these amazing once-in-a-lifetime possibilities, there arises a conflict of interests.

Here is the Hard Truth- if you want to save money, you have to make a decision.

What is your life going to be about, while you are in Korea?

LivinginKoreaGoals

There is no magic bullet to solve all the problems of life. But Korea looks deceptively like one.

Those of us who come to Korea often realize our lives aren’t just lacking funds- we are starving for experience. We want to meet people, eat amazing food, go out, see the city, see the country, meet more people, fall in love, get drunk, go dancing, travel to other countries, experience other cultures. It feels like we can do that here, because everything is pretty cheap… but how can we do that, and save money?

The Hard Truth- You Can’t. 

You have to make a decision- how much money do you want to save? How much culture do you want to experience? How much travel? You can’t have all three- you can’t even have two. Here are the two steps you must take to accomplish your goals in Korea:

  1. PICK YOUR PRIORITY
    • Be very clear about the amount of money you want to save, and for at least the first few months, write down everything you spend so you know where your money is going, whether you want to save a little or a lot.
  2. MAKE PEACE WITH YOUR CHOICE
    • You must let go of something- if you decide culture and travel are more important than saving money, DON’T JUDGE YOURSELF! The same is true of the opposite- don’t let others with FOMO make you feel bad about prioritizing your savings over going out all the time.

 

The one thing you must avoid is falling asleep to your goals and then waking up at the end of the year realizing you didn’t save anything, or you missed out on amazing cultural opportunities because you were too worried about money. You must do the hard work of soul-searching, and make a choice. 

Good luck, and safe journey <3 <3 <3

-Laurie

 

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