I Asked Koreans How Much They Spend Per Month

I know people living with 10k+ a month, there is a lot of money to be made in this country, however I think there's way more of the population who lives with less than 2k a month or even 1k. depends where you go and ask,..

I can save 70% of my net worth and everyday feels like "what's payday??", I need to frugal living bcs so many dreams I can't reach yet bcs lack of capital

the student guy shocked me, he surely come from a super rich family who don't care much about money

Also take into account that among OECD nations Koreans are some of the most heavily indebted people (personal debt/household debt), ranking in at number 3 after the Netherlands and Denmark. The reason why Dutch and Danish people rank high on the list is due to the country having unusually low interest rates, making it more advantageous for people to borrow in order to purchase real estate. Household debt in Korea is due to different factors. Koreans, on average, hold debt exceeding twice their annual income, according to data from the Bank of Korea.

Thumbnail aint cool man..

math teacher very beautiful

In Singapore, as a citizen, 20% of your salary goes to a "savings fund" which is than split to 3 accounts, One for housing, One for Medical, One for Retirement.
Your employer also contribute 17% of your salary to this fund.
So a $3000 a month worker, takes home $2400, $600 goes to the savings fund, and his boss also adds $510 to the fund, technically he take home $2400, and $1,100 goes to the fund and split to 3.
So usually after 10 years or working or more, most Singaporeans can buy a house with a gf.. with minimum loan.
Or they can take a Loan from the govt at a fixed interest of 2.6%.
If you dun intend to get married, you can buy a singles apartment at 35years old.. a small flat with 1 bedroom, living room, kitchen and bathroom, usually ard $120k to $150k by then after 15 years of working..assuming u started work at 20y.. you would be able to pay for it .without loan mostly from the fund.

Its amazing despite the high cost of living a lot of them are able to save money a month.

I never spent so much when I was younger and even now that I could. I always put 250 euros into a savings plan every month and left what was left of my monthly salary in the c/c and when I exceeded a certain amount I invested the excess. In this way I bought an apartment after about ten years of work and I also have good savings that let me sleep peacefully at night.

I am foreign worker i can save to 2 million won per month

정말 현실적인 인터뷰 같은데요....? 한국 물가 비싼거 사실이고 많은 사람들이 저정도로 벌어야 편하게 산다고 생각한다.. 보통 평범한 신입 회사원은 200만원 초반에서 300만원 정도 벌고 직급이 높아질수록 훨씬 더 받으니까...

Anyone know what country he’s originally from? I can’t figure what accent that is. Luv the content

koreans are intelligent

Golf caddy earns 3700$ a month??? Wtf. That's a lot more than a graduate gets in uk.

🐵🐵

숨만 숴도 돈이 나간다 스읍~하~~~쓰읍 하~~!!
영상보니 나 생각보다 돈 안쓰고 있었구나

He’s respectful with the way he asked questions.

The math teacher prettyy

한국어 발음이 너무 우아하심 ㅎㅎ

Nice interviews. Very friendly and asks right questions naturally.

Your content is great, and I meant no offense to ask a question of you in one of your other posts. It's very educational for me, your content. 😊

Please @kexplorer your hair game is solid 100%

Can u please make a video on what people with diabetes eat in Korea? I just wanna know, because they only eat food that is a big no for them, like ramen, rice and potatoes and lots of sweet stuff. Even their food is more sweet than salty

I am actually surprised by these. I live in a small European country and people working regular jobs like in stores (grocery store, clothing store,...) earn around 900-1000 €. But to rent an apartment costs at least 500€ plus utilities (which can be around 150€ for one person). Not to mention food, clothes, cosmetics, hygiene products, transportation,...I am shocked these people can even save so much money. I heard all these stories how it's so hard to live in Seoul because it's so expensive but most people can even affort to get cosmetic procedures or plastic surgeries, in my country only rich people get those. I honestly have to move out of my country as soon as possible 😭

He is getting 5 million won allowance from his parents. Is this gross allowance or tax included allowance? 😂😂😂

really interesting
thanks

It's funny cuz they all think "comfortable life" is about the ability to spend as much as they want. if you make 30 grands per month, but you also have to work 80+hrs a week, i don't think it's a comfortable life. sure, you could buy pretty much anything you want, but would it really be comfortable? i don't think so.

이사람 한국어도 잘하시네 ㅋㅋㅋㅋ

When you speak English I feel you are man and when you speak Korean I don’t think

I am on scholarship outside Seoul with a allowance of 1,175,000 per month. Rent alone is 240,000. Thank you for reminding me why studying outside Seoul was a good decision 😂. With the way I like clothes, I will be constantly broke in Seoul.

You mean you asked people in Seoul about their spendings. Go to a small city/town in Korea and it will be a totally different story.

How the hell do you spend $1130 on food in a month?? lol

that girl look like jisoo from bp

Love your videos!! So engaging and interactive 🎉🎉

I think the office worker was the most realistic one, most were very obviously middle-higher class so clearly they will spend much more than most people. spending over $1000 a month in food is crazy for the average person

Lockman Forest

I'm in the top 0.1% of income earners in Korea, and I still wouldn't give my son a 5 million won allowance like neck tattoo guy gets.

ㅋㅋㅋ ㅋㅋ

Wow... I mean, I'm just amazed with your fashion every time when I see your vids. Could you plz make contents about your ootd? It would be so inspiring 😊

bruh the trust fund baby spending 10-20k per trip is wild lmfao. different world.

These arent normal Koreans lol. All rich or with rich parents. 10,000 dollar vacations, multiple taxis a day and over 1 million spent on food. In Seoul you can get by on 3 million. 4-5 million range is comfortable and 6+ you are living well. Outside of of Seoul minus about 20% of that.

Interesting to know. Korea seems like costly country. Don't seem much different then America

These are always so insightful. Such a natural interviewer!

This guy be hitting me with his sense of fashion. I love his style

The guy with neck tattoo is correct - about $ 2,500 per month per person, but where you live will result in high variance.

Interesting to know 👍🏻

The way he gets the information, they way he feedbacks the people is with so much respect, with sincerity and trying to really making feel them comfortable. He doesn’t try to be the the center of the interview which is the clue for obtaining real and objective information. My opinion is since the point of view of a journalist ( I studied that career ) but also trying to put myself on other’s shoes (normal citizens ).