What is considered a middle class income in seoul?

I went to Myanmar in 2016, which was pre-covid so things were different back then, especially the Mandalay jade market which has lots of jade for you to choose from but you need to be careful which countries you can take it into, but anyway there's a big jade trade there and "jade trade" rhymes so you can use this as a learning opportunity at your local backstreet hagwon where you work from 2-10pm which is the ideal schedule because you get more daylight hours than typical working stiffs but hey they keep the economy going so you gotta have some respect for them and speaking of respect it seems to be lacking in today's society like I saw two kids in the street and they pointed at me and shouted "laowai!" which is Chinese for "white person" but I couldn't get too mad because I once had a job on Hainan island which is the Chinese Hawaii and could walk around without a shirt 14 months of the year unless of course my cats objected but at least they don't object to me not getting the vaccine because vitamin d and a healthy diet are key to warding off covid.

There are many kinds of laugh: being in absolute shook is up there!

That is spot on. 

Uni job paying 3.6, home school with 20 students. Over nine million a month is about what I should expect with my experience and qualifications.

How many hours a week does this entail?

What do you need to live comfortably in Seoul in a half decent apartment or accommodation?  More than 5 million?  Closer to 8 or 10 million?  But at least 4 or 5 million salary with a spouse working and earning some income even if low income?  (I mean a modern or semi modern apartment with some rooms for the kids.  A moldy poorly built one room - studio apartment - doesn't count.) 

How many hours a week does this entail?

14 hours at uni and 12 at the home-school, so 26 hours a week teaching time.

How about total working time? Teaching hours don’t tell the whole story. How much prep time is involved?

Home school pays much more than the uni?

Path to riches is to marry a Korean woman to get the F visa.

Twenty years later you’ll be making bank!

Over nine million a month!

Though… I remember a guy on here who was bragging about his salary but failed to mention it was his wife’s (who also worked as the hakwan) and his combined. Might be the case here. Might not though. Put a lot of kids in a class and it can be a big money making opportunity.

How about total working time? Teaching hours don’t tell the whole story. How much prep time is involved?

Well, I've been at the uni for around ten years, there isn't really much I have to do as all my courses and materials have already been made. For the home-school I use a set of course books I've also been using for years. Only printing stuff out takes any time.

How about total working time? Teaching hours don’t tell the whole story. How much prep time is involved?

Home school pays much more than the uni?

Path to riches is to marry a Korean woman to get the F visa.

Twenty years later you’ll be making bank!

Over nine million a month!

Though… I remember a guy on here who was bragging about his salary but failed to mention it was his wife’s (who also worked as the hakwan) and his combined. Might be the case here. Might not though. Put a lot of kids in a class and it can be a big money making opportunity.

My wife owns her own company, nothing to do with teaching. Been married for 17 years this month.

How about total working time? Teaching hours don’t tell the whole story. How much prep time is involved?

Home school pays much more than the uni?

Path to riches is to marry a Korean woman to get the F visa.

Twenty years later you’ll be making bank!

Over nine million a month!

Though… I remember a guy on here who was bragging about his salary but failed to mention it was his wife’s (who also worked as the hakwan) and his combined. Might be the case here. Might not though. Put a lot of kids in a class and it can be a big money making opportunity.

I knew folks back in the day running their own hogwan and raking in over 20 mil a month.  Though there were expenses of course but they still carried a good chunk afterwards.  They got their start about 20 years ago.  the key is 20 years ago, that F visa sure did pay.  Pays much less now and comes with a higher cost of living attached to it.  Money can be made, but it doesn't fall into your lap anymore.  You really have to hustle for it now. 

That is spot on.

Spot on? Is that a british slang term? I know that british columbia where I hail from was once colonized by the british hence the name "BRITISH" columbia (not colombia like the country in south america) but over here most people like to think we shed our colonial roots long ago, but you know who has deep roots? The redwood trees in the trails behind my family home where my father used to cook his famous beef stew, and no his name wasn't stewart, he just liked stew, and I'll always remember eating it on a cold night by the lake with the wolves howling and the owls hooting, which makes me want to try making it myself one day soon, if I can find the ingredients that is. I wonder if taobao.com has it. That's like e-bay but for china. Forest Gump once said that in the land of China they dont have much and they never go to church but nowadays they have a lot of things they like to buy online and there's a church down the street from my school, which has a pretty decent spire up top and a big old cross.

Anyway. Was that spot on? I dunno...

Spot on? .....

Anyway. Was that spot on? I dunno...

Spot on? Is that a british slang term? I know that british columbia where I hail from was once colonized by the british hence the name "BRITISH" columbia (not colombia like the country in south america) but over here most people like to think we shed our colonial roots long ago, but you know who has deep roots? The redwood trees in the trails behind my family home where my father used to cook his famous beef stew, and no his name wasn't stewart, he just liked stew, and I'll always remember eating it on a cold night by the lake with the wolves howling and the owls hooting, which makes me want to try making it myself one day soon, if I can find the ingredients that is. I wonder if taobao.com has it. That's like e-bay but for china. Forest Gump once said that in the land of China they dont have much and they never go to church but nowadays they have a lot of things they like to buy online and there's a church down the street from my school, which has a pretty decent spire up top and a big old cross.

Anyway. Was that spot on? I dunno...

-dunno..shrug.

K.

1/ More than 700 million won (US$582,300) in assets.
2/ Four-person households should have a monthly income of about 6.22 million won
3/ Monthly consumption of 3.95 million won

That feels about right for a generic “middle class.”

It just varies so much. Of people I know: there’s educators making 3M, corporate workers making 6M, 사장님s with their own restaurant or academy making 30M, and upper class international lawyers and venture capital fund owners where it’s related to how their thing is going. But I supposed “middle class” would be those generic corporate office guys, or a dual income making 3M each.

One cool thing about Korea is that it’s like the small business capital of the world. You can start a restaurant, laundry, or whatever non-glamorous real-world thing, and if you deliver excellent service be printing money like crazy.

That feels about right for a generic “middle class.”

It just varies so much. Of people I know: there’s educators making 3M, corporate workers making 6M, 사장님s with their own restaurant or academy making 30M, and upper class international lawyers and venture capital fund owners where it’s related to how their thing is going. But I supposed “middle class” would be those generic corporate office guys, or a dual income making 3M each.

One cool thing about Korea is that it’s like the small business capital of the world. You can start a restaurant, laundry, or whatever non-glamorous real-world thing, and if you deliver excellent service be printing money like crazy.

Yes, years ago that was part of the conventional description of Korea--everyone runs their own small business. Still true, but not as true, if you catch my drift.