Our Financial Year of Living in South Korea

So dear Reader, here we are. Reviewing how our year in Korea went financially – with 10 months of that being Our Brat Experiment where we were trying to reduce our expenses so we could increase our savings as much as possible. Regular readers of this blog will know that soon after beginning Our Brat Experiment we realized that we were going to reach our dream savings amount for the year and so we started pushing for our dream-dream savings number…. So let’s see if we got there 🙂 Continue reading

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Week 42 (our last week) & Month 10 (our last month) in Korea!

To new readers of The Brat Experiment: Husband and I track every single Korean won that we spend (we’re currently living in South Korea) on a fantastic app called Money Lover. The app is synched to both of our phones and means that it’s very easy to see where all of our money goes (which is not always pleasant!). I then report on our weekly spending here and write up a summary of our spending for each month. You can check out other weekly spends and the monthly summaries in The Numbers section.

Total Explained…
Week 42 957 721 won  
Groceries 36 740 won Not much because we were eating out and having food bought for us a lot with it being our last week in Korea.
Eat Out 130 450 won And then we returned the favour…
Clothes 0 won
Alcohol 0 won
Once-Off 364 001 won 293 101 won on posting 5 boxes to New Zealand. The rest on polaroid film, batteries and earnings (Husband’s).
Bills & Fees 235 910 won The usual except we didn’t have to pay the building management fee and actually even got 44 000 won back from them! J Also it was basically double our normal cell phone fees to close out contracts… still not sure why!
Transport 12 900 won 4 taxis…
Gifts 55 220 won For people in Korea but mainly for people in South Africa…
Medical 25 600 won The dentist for Husband and I
Local Travel 62 900 won Heading to Seoul our last weekend in Korea… so low because we stayed with our wonderful friends in Seoul
Overseas Travel 34 000 won This was the taxi and bus to the airport from our friends’ house
Christmas 0 won

Week 42 total: 957 751 won

Necessary: 874 921 won (91%)

Indulgence: 82 800 won (9%)

So we spent a LOT more than usual… Let’s see how it all fitted into our plan for the month:

Week 42

So basically, we overspent by a significant amount. Thank goodness that we got another salary out of Korea PLUS our flights home PLUS a bonus – so all is not lost yet, dear Reader 🙂

Xxx

 

Week 41

I GOT THE JOB!!!! Yaaaaaaaaaaaaaaaaaaaaaaaaay!! Ah, dear Reader, I cannot explain how wonderful this job is. It is exactly what I want to do (working in the public health sector with children and adolescents) and they are already treating me so well – even offering to keep an ear out for jobs for Husband. Have you ever?? Continue reading

The Numbers: A Summary of Month 9

And here we are, dear Reader, NINE MONTHS into Our Brat Experiment. An entire whole baby if we had been pregnant (which gives me new found respect for pregnancy – shows in concrete terms for an outsider how long it really is!!) It was also our second to last month in Korea and so we are now into the final push of saving as much as we possibly can while still having the amazing benefits Korea gives us (namely: very cheap health care, no tax and living rent free). Continue reading

Week 38

Hello, dear Reader! It has been SO long since I wrote! The main reason for this is that we have just spent 10 glorious days in Thailand ❤ (But more on this in a future post in my brat travel section). I had fully intended to this Week 38 post and the end of the month post before we left, as well as give you a heads up that things would be quiet on here for a while… but then a wonderful and terrifying thing occurred: I got a job interview 😀 Continue reading

Week 37

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Coffee at the beach

Hello, dear Reader! I so hope that you are happy and had a great weekend 🙂 We had such an awesome weekend with wonderful friends staying with us Friday night and Saturday day and then being lazy blobs (complete with a Sunday afternoon nap!) on Sunday – the perfect weekend balance 🙂 We now find ourselves back at work (with NO students), doing nothing but keeping our desks warm for 3 days and then we’re on holiday – yay! 🙂 We’re having friends to stay this weekend and then we fly to Thailand on Monday – happy, happy days ahead 🙂 So let’s take a look at how our spending went last week…

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Also, as a side note, it has been kak cold this week!! 

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Week 36

Last week was very chilled. Mainly because we are both doing so VERY LITTLE at work. But I have actually really been enjoying it – it has been wonderful to have so much time to myself to catch up on admin, organize things for Thailand, get our heads around what we need to do before leaving Korea and watch Korean series 🙂 And in the spirit of having so much time on my hands, I’ve played with how I report our weekly numbers… feel free to send feedback, dear Reader, about which format you prefer!

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Week 35

Happy New Year, dear Reader!!! I truly hope that the celebration was exactly as you wanted it (we wanted ours to involve great food, being couch potatoes and watching movies – which it was – yay!) and that 2017 is a great year for you and your loved ones. These pictures sum up our New Year’s pretty well:

So let’s check out our first week of this 9th month of Our Brat Experiment:  Continue reading

Month 8

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Our first Christmas during Our Brat Experiment 🙂 And because I have started tracking what we have left in the budget (as opposed to simply what we have spent), I already know that things didn’t go entirely to plan… Which of course makes me not want to write this post very much. But I will trooper forth! We now have only two months left of our BEAUTIFUL Korean salaries and so I’m extra motivated to see exactly how we did and make sure that we are on track to reach our savings target. So let’s jump in!

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Week 34

To my horror I find that Christmas weekend has come and gone and I’m back at work. I have NEVER worked on the 26th before. And it sucks. It doesn’t give nearly enough time to soak up the family time and general Christmas spirit. So I’m sitting at work feeling quite grumpy but at least it means that I get to do last week’s numbers and then check out how we did over Month 8 – thank goodness for Pollyanna-like silver linings!! 😉

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