How Much Can I Earn and Save as an English Teacher in Taiwan?

 

By Felicia Braverman

Taiwan is often an underrated market for teaching English abroad when it comes to salaries. It’s usually overshadowed by the perks that teachers receive in neighboring countries like South Korea and China, such as paid airfare and housing. Even though it’s not common to see those particular perks included in your contract in Taiwan, teachers can still expect to save the same amount per month as they would in China and South Korea, which is anywhere from $700- $1,000/month depending on your spending habits.

In this article, I’ll break down a few examples of different working and saving scenarios that my friends and I were able to accomplish in Taiwan. For the sake of keeping things simple, I’ll quote everything in the US Dollar, not the New Taiwanese Dollar.

Money Tips for Teaching In Argentina: Learn About The "Blue Market"


By Lindsay Campher Krasinski

So, you are thinking about teaching English in Argentina?  Learning about financial practices - from banking to giving tips - is a basic part of moving abroad, and nowhere is that more of the case than in Argentina. Understanding the Blue Market is a must before you go and could help you get more out of your money and out of your experience teaching English in Latin America

What is the Blue Market?

I’m an advisor, not an economist so I will try to make this article as simple and straight forward as I can.

Simply, the Blue Market is where you go in Buenos Aires to get the highest exchange rate for the foreign currency that you bring with you - in many countries, it might be considered the "black market." It's not technically legal or monitored by authorities, but it operates in the open and changing money in the Blue Market is considered routine.

The Argentinian Peso has fluctuated greatly in recent decades, and compared to the U.S. dollar, has lost approximately 90% of its value the past 10 years (officially).  Argentinians have experienced their bank accounts worth go up and down on a financial roller coaster and the weakness of the peso in global markets has led Argentinians to value the American dollar over the Argentinian peso. Bottom line: people want U.S. dollars!

7 Tips for Saving Money While Teaching English Abroad

 

The rewards of living, traveling and teaching English overseas cannot be measured in dollars, cents, euros or yen, but for most of us, financial concerns are a reality and we want and need to save money to pay bills, reach goals and to make the most of our lives.  Here are 7 great tips for how you can make the make the most financially out of your experience teaching English overseas.

What Are Basic Start-up Costs for Teaching English Abroad?

How Much Will it Cost Me to Teach English Abroad?


To move anywhere whether it is from New York to New Jersey or Chicago to Madrid, you’ll probably need to incur at least some basic start-up costs.

Depending on where you decide to teach English abroad, these costs will vary with the cost of living where you teach, travel expenses and whether you receive benefits like free housing and/or airfare from the school that employs you. For most people who teach English abroad, start-up costs typically include: