American Expat Explorer Discusses Why Saving Money Abroad and in Korea Is A Must!

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  • Опубліковано 27 гру 2024

КОМЕНТАРІ • 47

  • @francoismarc3
    @francoismarc3  Місяць тому +7

    I was walking to work the other day and thinking about my life here in Korea. Please "enjoy" this disordered rant about what I think foreigners should do pay attention to when moving to Korea...

  • @szvqorwnpstahskypfwmp9821
    @szvqorwnpstahskypfwmp9821 Місяць тому +4

    Hi, Francois! You are spot on!!
    Many native English-speaking teachers in Korea
    including me have to manage their money wisely by saving more
    for rainy days and investing for the future like you said. It's very tempting to go out and spend on
    needless things like drinking, partying, and buying all kinds of stuff in Korea. Teaching jobs in Korea
    are often yearly contracts for many and oftentimes, your contracts will not be renewed once it's finished.
    Teaching jobs are not stable jobs in Korea and your savings whatever that you may have will deplete rapidly if you do not
    work again continuously. The teaching salary in Korea is not that much either as you know. It's just enough to live.
    However, I am very grateful that I live in a country like Korea where the cost of living is
    much more affordable compared to Atlanta, Ga where I am from. I have recently talked to my friend who also
    lives in Atlanta and he told me that an average one-bedroom apt now costs anywhere between 1,700 and ~ 1,900 dollars per month. I remember
    it was only about 700 dollars back in 2003 when I was living there near Emory University. I know pay
    is a lot less here in Korea compared to the U.S. but it's kind of a trade-off due to the much cheaper cost of living in Korea. As you know,
    the fixed expenses in the U.S. like rent/mortgage, health and car insurance, taxes, transportation, gas, utilities, phone bills, cables, tuition,
    food, and others are now ridiculous. I have heard you need to make about 100 thousand dollars per year to live comfortably nowadays in the U.S.
    Whereas in Korea, you can get by with much less if you budget wisely and watch your spending. In the U.S., it is impossible because everything is
    so expensive!! You just can not avoid these costs. Seriously, I do not know how people are making it in the States these days. I watched quite a few TikTok videos
    of people ranting and being very angry about the high cost of living and inflation. It's really bad now in America!! The U.S. economy is in really horrible conditions,
    especially for average/working folks like us. No wonder so many people in the U.S. are becoming homeless and even moving to other more affordable countries like Mexico, Vietnam, Thailand, or even Eastern European countries. I do not blame them. The American Dream is long gone I am afraid. Some even say, jokingly, the New American Dream is to move to other
    places that are more affordable. Peace as always brother!!

    • @francoismarc3
      @francoismarc3  Місяць тому +1

      Hey, brotha!!! Yes, money management is SO important while living abroad!! Like you, I'm from Alanta and I understand exactly what you are saying...lol. I don't think I'm ever going to live in America until it's time for retirement...maybe lol. Thank you for sharing your thoughts on this issue. You ALWAYS add great analysis and thought-providing comments to the content! I really appreciate your input!!!

  • @jejudo3000
    @jejudo3000 Місяць тому +4

    Keep Korea great!

  • @boostthebeauty3487
    @boostthebeauty3487 Місяць тому +2

    Great content Francois ❤

  • @okiedokie33387
    @okiedokie33387 Місяць тому +2

    Good, Francois. Ah~ Go to Seoul worldcup stadium at 14:00 this Sunday. FC Seoul vs Ulsan Hyunai. It is FC Seoul's last home match this Sunday.

    • @francoismarc3
      @francoismarc3  Місяць тому

      Ill go next week!!!!:)

    • @okiedokie33387
      @okiedokie33387 Місяць тому

      @@francoismarc3 Next week?? It won't be hosted next week. The match of this season won't be hosted at Seoul worldcup stadium anymore. Also, all K-League matches don't have any schedule next week or next weekends.

  • @theflightmadness
    @theflightmadness Місяць тому +1

    Great financial mindset!

  • @melissabutler2978
    @melissabutler2978 Місяць тому +1

    Thank you

    • @francoismarc3
      @francoismarc3  Місяць тому +1

      Thank you for supporting and watching:)

  • @dummygirl1201
    @dummygirl1201 Місяць тому +3

    Good advice, bro. But as a minimalist, I will say that I actually regret not buying more of my favorite clothes when I had the chance, since most of my clothes are work clothes, anyways. Post pandemic, the quality has decreased, but the price has doubled 😭 And I'm not gonna play, every time I travel, I do feel like a bum in my casual clothes when everyone else is stylin, especially in Tokyo and Seoul 😫

    • @francoismarc3
      @francoismarc3  Місяць тому +2

      I can understand your sentiments. When traveling, I want to look good as well, until I realize that no one really cares, lol. Also, I stopped traveling in my Sunday best a long time to avoid unwanted attention for thieves and pickpockets. These days, for me, less is more:)

    • @dummygirl1201
      @dummygirl1201 Місяць тому +2

      @francoismarc3 Good point. Travel UA-camrs advise not to dress like an American in Europe in order not to be pickpocketed, but I'm like, bro, I'm Korean, everyone knows that I'm a tourist, so I'm just gonna be comfortable. F that noise. It's different in safe cities like Tokyo and Seoul, where they're stylin like they're runway models. It doesn't stop me from wearing comfortable clothes, but you definitely see the cultural values. And I'm not gonna play, I was the same pre pandemic, since it was the same here, but now I'm like f that noise, cause I'm tired 😁

    • @francoismarc3
      @francoismarc3  Місяць тому +1

      @dummygirl1201 hahahah do you!!

  • @boostthebeauty3487
    @boostthebeauty3487 Місяць тому +1

    Smart grandpa ❤

  • @BrianCatalano
    @BrianCatalano Місяць тому +3

    Couldn't get away wearing that Sean Jean today!!
    Great video and I legit need to learn that lesson. I still keep trying to buy camera gear every time I get a paycheck!

    • @francoismarc3
      @francoismarc3  Місяць тому +1

      Hahahah Sean Jean has been outlawed forever hahaha
      But I think you use or used your gear more often than me, so your purchases are justified!:) You're always creating amazing content and just things in general with your gear!!

  • @heralumnimixer
    @heralumnimixer Місяць тому +1

    Good reflection

  • @Jeonyggo
    @Jeonyggo Місяць тому +1

    ㅎㅎㅎ 가을 너무 좋아요 😛 근데 이제 끝난 것 같아요 가을이…🥲

    • @francoismarc3
      @francoismarc3  Місяць тому

      There's still fall left! You have to go out and enjoy the colors before they are gone!!:):)

  • @Boonjing001
    @Boonjing001 Місяць тому +1

    Johnny Somalia follows you bro

  • @Supreme-Emperor-Mittens
    @Supreme-Emperor-Mittens Місяць тому +2

    As long as you're not mistaken for
    Johnny Somali
    you'll do just fine :)

  • @blackbelt2000
    @blackbelt2000 Місяць тому +3

    I wish Koreans would reduce their mentality on spending money on fashion...especially the luxury brands. It's so eye-rolling that so much of their perceived self-worth and judgement of others is in what they wear.

    • @francoismarc3
      @francoismarc3  Місяць тому

      Is it true that Koreans think like this? I've heard rumors and watched videos, but I'm not Korean, so I don't know for sure. Please enlighten me!:)

    • @가나-b4n5e
      @가나-b4n5e Місяць тому

      난 한국인이다 전혀 안그렇다.
      난 돈 잘벌지만 명품 하나도 없다 명품 싫어함 루이비통 구찌 같은거 ? 명품 하나 살돈으로 훨씬 좋은것들을 살수 있음 .
      명품으로 몸을 도배 하는 사람들은 어느나라에나 있다 . 돈 많아서 쓰겠다는데 말릴필요도 없고 능력 되면 자기 마음대로 하면된다고 생각한다 그런사람들은 그렇게 살라고 놔두면된다 몇몇 사람들을 보고 한국인이 모두 그럴꺼라 생각한다면 잘못된거다 한국 놀러와 봐서 직접 경험해봐라

    • @아가리파이터-o9q
      @아가리파이터-o9q Місяць тому

      글쎄?명품을 많이 산다기 보다 옷을 깔끔하게 하루 한번 갈아입고 적절한 코디를 잘하는것 같은데..?

    • @jiminswriter4209
      @jiminswriter4209 Місяць тому

      This is a very generalizing statement that stereotypes Koreans. Most Koreans are not focused on luxury goods, but many desire a neat, presentable appearance. I don’t know where you get off being so judgmental, especially from a place of ignorance.

    • @jiminswriter4209
      @jiminswriter4209 Місяць тому +1

      ⁠​⁠@@francoismarc3 Being neat and presentable does not make you shallow. For most Koreans, it is a form of self-care and respect, for others and themselves. Just as you don’t invite people to a messy house, you don’t show people a messy appearance. And you don’t have to wear luxury goods to do so. Most Koreans do not buy a lot of luxury goods unless they are wealthy. Koreans do buy more luxury goods on average, but that is really relative. Some people like to judge others for dressing nicely because they are insecure about their own appearance. If you want to dress plainly, Koreans will not care. If it is shallow to care about your appearance, why comb your hair? It is very ironic to read a comment that judges people for their appearance and yet criticizes others for doing the same.

  • @teshi1424
    @teshi1424 Місяць тому +3

    ❤ first comment

  • @Macho1291
    @Macho1291 Місяць тому +1

    Im back :D

  • @harrisonyoo7890
    @harrisonyoo7890 Місяць тому +1

    responsible for "spitting actions" lol