Here's the thing: I plan. It's just what I do. Don't tease. I plan like a crazy person. I plan for lunch, I plan for jogging, I plan for the shower - I plan for anything and everything. Thankfully, when my plans do awry I don't freak out. But just know this - I plan.
So, here's my five year plan for Korea (hey don't make fun! I gave you a warning didn't I?)
LAST UPDATED Mar 20 2009
changes made:
- added Public versus Private jobs (courtesy of Footprints)
- added hair-brained scheme Summer 2009
- thinking about changing school schedule to only two language classes a year (ㅜ.ㅜ)
UPDATE Mar 8 2009
changes made:
- added timetable
- added link to Footprints EPIK guidebook
- added link to ATEK online guidebook via Brian
UPDATE Feb 14 2009
changes made:
- Added monthly salary breakdown
- Added student debt breakdown
- Added job plans
Speaking of delayed gratification, here's the math that I've come up with to solve my student debt problems. I know I'm fairly private but this type of information is readily available and doesn't really tell you anything super private about myself (other than the fact that I hardly work at all as an undergraduate and just took out loans to support my study habits)
Approximate monthly salary in Korea: 2.2 million 원 assuming:
- a decent job
- slight over-estimation in COL
- no splurging (or dating for that matter)
- no sugar momma
- no emergency fund savings (!)
- no yearly bonus check
- no additional help from family
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
+ 2 200 000/month
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- 450 000/food @ 15 000/day
- 150 000/transportation @ 5 000/day
- 25 000/fees (insurance, internet, cleaning, etc)
- 50 000/weekend stuff (drinks, fees, shopping, etc)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- 675 000 basic monthly living expense
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
+ 1 525 000 leftover
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- 125 000 monthly savings for Korean language classes (twice a year @ 600 000 a pop)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
+ 1 400 000 total monthly saving
Sallie Mae isbleeding me dry asking me to pay $650/month for loans without any special repayment plan. It's doable for sure but at the current exchange rate, I'm losing a lot in the 환율 (transfer process/exchange rate). At the current rate, we're talking about 1 000 000 just to cover the $650 and wire transfer fee. I'm going to cry.
Here's the biggest problem. I want to pay my debt back as soon as possible. But, I also want to study Korean as full-time as possible in an academic setting. In fact, I want the latter more than the former. But, if I default, it haunts me for life and it's essentially against my basic principles: I'm able to pay the money back. That option is no good.
However, I would like to apply for a one year deferment so I can get on my feet first and then comfortably make paymentsfor life a long time starting the year after. Plus, hopefully the exchange rate will be closer to the "standard" 1 200.
Speaking of which, let's look at our basic repayment options:
$80 000 - total debt
suggested monthly payment $650
assuming approx $30 lost in wire transfer fee
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
800 000 원/month = 145 months = 12.5 years (!)
1 000 000 원/month = 123 months = 10 years (!)
1 300 000 원/month = 88 months = 7.5 years (!)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
let this be a lesson kids: <rant> college is no good for people too dumb for scholarships and whose parents are too rich to qualify for grants. </rant> but hey, at least these loans supported my life for my six-year plan. I mean, at least I got to study Korean a little bit during all this - something that had absolutely nothing to do with my major. For that, I feel a little bit better.
Okay now I'm done feeling good. Back to feeling broke.
As far as job plans, I would like to essentially do this:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Year One - teach at a public elementary school @ Seoul
Year Two - teach at a specialized English kindergarten 학원 @ Ilsan
Year Three - teach at a private elementary school @ undecided
Year Four - teach at a university @ undecided
Year Five - undecided @ undecided
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Here's the likely timetable of getting my stuff together:
Starting first week of April -
- get criminal background check (CBC) from Denton PD, get 2 copies notarized
- FedEx CBC to Austin Sec of State for Apostille
- photocopy TExES results for EC-4 ESL, SPED, P.E.
- get three (3) sealed university transcripts
- get diploma (June?)
- photocopy diploma, have copy notarized
- send copy to Sec of State for Apostille
- get 8 passport size photos at CVS
- get letter of recommendation from Thompson, Webb, Tunks
- get letter from Tunks saying that I was a student teacher for 1 year
- fill out EPIK application
- make a resume
I also have plans to study for a whole little bit if I can. In which case, I need to talk to Footprints and see if something can be done where I can study before I start my work. The schedule works but the plane ticket is what is the snag.
- contact Footprints about plane ticket
- get the green light
- apply to ewha (for morning classes (9am-1pm) (Mon-Fri) "Summer2" @ Ewha (August 4 - 20)
- take an earlier flight
I found this estimated timetable from a personal blog and I can't for the life of me remember where I saw it...
Find a job, email scanned paperwork, phone interview, get job offer 2 weeks +
Collect paperwork including notarized degree, transcripts and CRC 2 weeks +
Mail paperwork to Korea 1 week
Receive Notice of Appointment + Contracts in mail 1 week
Drop off visa application at Toronto consulate, receive work visa 1 week +
So, here's my five year plan for Korea (hey don't make fun! I gave you a warning didn't I?)
LAST UPDATED Mar 20 2009
changes made:
- added Public versus Private jobs (courtesy of Footprints)
- added hair-brained scheme Summer 2009
- thinking about changing school schedule to only two language classes a year (ㅜ.ㅜ)
UPDATE Mar 8 2009
changes made:
- added timetable
- added link to Footprints EPIK guidebook
- added link to ATEK online guidebook via Brian
UPDATE Feb 14 2009
changes made:
- Added monthly salary breakdown
- Added student debt breakdown
- Added job plans
- Summer 2009
- Move to Korea before August 4th
Attend morning classes (9am-1pm) (Mon-Fri) "Summer1" @Ewha(July 6 - 23)2009 schedule of classes- Attend morning classes (9am-1pm) (Mon-Fri) "Summer2" @ Ewha (August 4 - 20)
- Attend SMOE orientation August 20 (?)
- Fall 2009
- Work during day (start late August/early September) (typical schedule)
- Find part-time volunteer gig (special education)
- Find good local Buddhist temple
- Winter 2009
- Work at english winter camp (possibly)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Winter" @ Ewha (December 7 - February 24)
- Meet 순민 and 택규 in Seoul for 설날
- Spring 2010
- Work during day (start mid-February)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Spring" @ Ewha (April 1 - June 10)
- Summer 2010
- Work ends (mid-July)
- Work resumes for english camp (during day)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Summer" @ Ewha (June 22 - August 28)
- Fall 2010
- Work during day (start late August/early September)
- Volunteer part-time (special education)
- Winter 2010
- Work at english winter camp (possibly)
- Go back to Texas for Christmas (hopefully)
- Save money, study at home
- Spring 2011
- Work during day (start mid-February)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Spring" @ Ewha (April 1 - June 10)
- Summer 2011
- Work ends (mid-July)
- Work resumes for english camp (during day)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Summer" @ Ewha (June 22 - August 28)
- Fall 2011
- Work during day (start late August/early September)
- Attend evening classes (7pm) (Mon, Wed, Fri) "Fall" @ Ewha (September 16 - November 25)
- Winter 2011
- Work at english winter camp (possibly)
- Go back to Texas for Christmas (hopefully)
- Save money, study at home
- Spring 2012
- Work during day (start mid-February)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Spring" @ Ewha (April 1 - June 10)
- Summer 2012
- Work ends (mid-July)
- Work resumes for english camp (during day)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Summer" @ Ewha (June 22 - August 28)
- Fall 2012
- Work during day (start late August/early September)
- Attend evening classes (7pm) (Mon, Wed, Fri) "Fall" @ Ewha (September 16 - November 25)
- Winter 2012
- Work at english winter camp (possibly)
- Go back to Texas for Christmas (hopefully)
- Save money, study at home
- Spring 2013
- Work during day (start mid-February)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Spring" @ Ewha (April 1 - June 10)
- Summer 2014
- Work ends (mid-July)
- Work resumes for english camp (during day)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Summer" @ Ewha (June 22 - August 28)
- Fall 2014
- Work during day (start late August/early September)
- Attend evening classes (7pm) (Mon, Wed, Fri) "Fall" @ Ewha (September 16 - November 25)
- Winter 2014
- Work at english winter camp (possibly)
- Go back to Texas for Christmas (hopefully)
- Save money, study at home
- Spring 2015
- Work during day (start mid-February)
- Attend evening classes (7pm-9pm) (Mon, Wed, Fri) "Spring" @ Ewha (April 1 - June 10)
- Summer 2015
- Change visa status
- Get on 미녀들의수다
- Get married already you bum
Speaking of delayed gratification, here's the math that I've come up with to solve my student debt problems. I know I'm fairly private but this type of information is readily available and doesn't really tell you anything super private about myself (other than the fact that I hardly work at all as an undergraduate and just took out loans to support my study habits)
Approximate monthly salary in Korea: 2.2 million 원 assuming:
- a decent job
- slight over-estimation in COL
- no splurging (or dating for that matter)
- no sugar momma
- no emergency fund savings (!)
- no yearly bonus check
- no additional help from family
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
+ 2 200 000/month
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- 450 000/food @ 15 000/day
- 150 000/transportation @ 5 000/day
- 25 000/fees (insurance, internet, cleaning, etc)
- 50 000/weekend stuff (drinks, fees, shopping, etc)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- 675 000 basic monthly living expense
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
+ 1 525 000 leftover
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- 125 000 monthly savings for Korean language classes (twice a year @ 600 000 a pop)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
+ 1 400 000 total monthly saving
Sallie Mae is
Here's the biggest problem. I want to pay my debt back as soon as possible. But, I also want to study Korean as full-time as possible in an academic setting. In fact, I want the latter more than the former. But, if I default, it haunts me for life and it's essentially against my basic principles: I'm able to pay the money back. That option is no good.
However, I would like to apply for a one year deferment so I can get on my feet first and then comfortably make payments
Speaking of which, let's look at our basic repayment options:
$80 000 - total debt
suggested monthly payment $650
assuming approx $30 lost in wire transfer fee
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
800 000 원/month = 145 months = 12.5 years (!)
1 000 000 원/month = 123 months = 10 years (!)
1 300 000 원/month = 88 months = 7.5 years (!)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
let this be a lesson kids: <rant> college is no good for people too dumb for scholarships and whose parents are too rich to qualify for grants. </rant> but hey, at least these loans supported my life for my six-year plan. I mean, at least I got to study Korean a little bit during all this - something that had absolutely nothing to do with my major. For that, I feel a little bit better.
Okay now I'm done feeling good. Back to feeling broke.
As far as job plans, I would like to essentially do this:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Year One - teach at a public elementary school @ Seoul
Year Two - teach at a specialized English kindergarten 학원 @ Ilsan
Year Three - teach at a private elementary school @ undecided
Year Four - teach at a university @ undecided
Year Five - undecided @ undecided
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Here's the likely timetable of getting my stuff together:
Starting first week of April -
- get criminal background check (CBC) from Denton PD, get 2 copies notarized
- FedEx CBC to Austin Sec of State for Apostille
- photocopy TExES results for EC-4 ESL, SPED, P.E.
- get three (3) sealed university transcripts
- get diploma (June?)
- photocopy diploma, have copy notarized
- send copy to Sec of State for Apostille
- get 8 passport size photos at CVS
- get letter of recommendation from Thompson, Webb, Tunks
- get letter from Tunks saying that I was a student teacher for 1 year
- fill out EPIK application
- make a resume
I also have plans to study for a whole little bit if I can. In which case, I need to talk to Footprints and see if something can be done where I can study before I start my work. The schedule works but the plane ticket is what is the snag.
- contact Footprints about plane ticket
- get the green light
- apply to ewha (for morning classes (9am-1pm) (Mon-Fri) "Summer2" @ Ewha (August 4 - 20)
- take an earlier flight
I found this estimated timetable from a personal blog and I can't for the life of me remember where I saw it...
Find a job, email scanned paperwork, phone interview, get job offer 2 weeks +
Collect paperwork including notarized degree, transcripts and CRC 2 weeks +
Mail paperwork to Korea 1 week
Receive Notice of Appointment + Contracts in mail 1 week
Drop off visa application at Toronto consulate, receive work visa 1 week +


Comments
아, youtube떠돌다 왔어요. :) 계획한대로 잘 되길 바랄게요. -from NZ