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£29K per annum...how much can I expect to save from that?

£29K per annum...how much can I expect to save from that?

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Old Jan 22nd 2012, 11:49 am
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Default £29K per annum...how much can I expect to save from that?

Hi All,

Have been offered a classroom teacher position in an international school...salary is £29k. Usual perks...free accom, utilities etc along with this. Can anyone give me an Idea what I can expect to save from this?

Many Thanks.
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Old Jan 22nd 2012, 12:09 pm
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Irishboy30
Hi All,

Have been offered a classroom teacher position in an international school...salary is £29k. Usual perks...free accom, utilities etc along with this. Can anyone give me an Idea what I can expect to save from this?

Many Thanks.
You will save the balance of what you don't spend.
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Old Jan 22nd 2012, 10:57 pm
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Millhouse
You will save the balance of what you don't spend.
Classic
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Old Jan 23rd 2012, 1:49 am
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Irishboy30
Hi All,

Have been offered a classroom teacher position in an international school...salary is £29k. Usual perks...free accom, utilities etc along with this. Can anyone give me an Idea what I can expect to save from this?

Many Thanks.
If you really mean everything is covered (free accom, bills, etc as you suggest), you'll save plenty of that.

Put it the other way round - in the UK, what would you have to earn gross to have 29k left after paying income tax, NI, rent, bills, etc? And would that seem to be a decent salary? Yes.
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Old Jan 23rd 2012, 3:58 am
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Default Re: £29K per annum...how much can I expect to save from that?

And before someone jumps in with "Oh, but Dubai's / Abu Dhabi's sooo expensive": its only as expensive as you make it. You could live here more cheaply than in the UK--just depends what you're in to. And exactly as Dean says: GBP 2,400 pcm of entirely disposable income (except for the pension bit)--you'd probably have to be earning the best part of £100k to realise that in the UK.
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Old Jan 23rd 2012, 5:55 am
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Default Re: £29K per annum...how much can I expect to save from that?

Sounds like the salary will be about 15K AED a month.

The one big expense you will probably have is a car, if you can or want to drive here. This can cost upwards of 2K AED a month for a Nissan Sunny or the likes. You can live very frugally here, but the obvious problem may be the bright lights and expensive nights out in Dubai/Abu Dhabi.

I live in Al Ain so there is not much to do here, and some months I can get by on as little as 2000 - 2500 AED. I just send the rest of my salary back to the UK when the exchange rate is good. I dont pay for my car though!
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Old Jan 23rd 2012, 6:16 am
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Default Re: £29K per annum...how much can I expect to save from that?

I love the way we are all assuming the UAE...
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Old Jan 23rd 2012, 6:23 am
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Default Re: £29K per annum...how much can I expect to save from that?

If Dubai then GBP12,750
If Sharjah then GBP13,250
If Doha then GBP14,500
If Riyadh then GBP18,750
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Old Jan 23rd 2012, 8:49 am
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Millhouse
I love the way we are all assuming the UAE...
Fair point, but doesn't much the same go for elsewhere?
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Old Jan 23rd 2012, 4:45 pm
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Bahtatboy
Fair point, but doesn't much the same go for elsewhere?
Depends - in Saudi isn't it common practice to also get your lunch? My mate there currently spends nothing (car shares to work, eats in the staff canteen, goes to the gym and then wanks himself to sleep).
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Old Jan 23rd 2012, 5:01 pm
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Millhouse
Depends - in Saudi isn't it common practice to also get your lunch? My mate there currently spends nothing (car shares to work, eats in the staff canteen, goes to the gym and then wanks himself to sleep).
shocking! to have to eat in the staff canteen.....
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Old Jan 23rd 2012, 8:47 pm
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Default Re: £29K per annum...how much can I expect to save from that?

Haha...Millhouse, I am actually PISSING myself here.

Should have mentioned...the job's in Saudi.
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Old Jan 24th 2012, 1:18 am
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by Irishboy30
Haha...Millhouse, I am actually PISSING myself here.

Should have mentioned...the job's in Saudi.
Saudi? Well in that case you will save GBP 28,995..........
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Old Jan 24th 2012, 6:03 am
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Default Re: £29K per annum...how much can I expect to save from that?

Originally Posted by The Dean
Saudi? Well in that case you will save GBP 28,995..........
£4 for hand lotion
£1 for tissues

in case you were wondering.
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Old Jan 24th 2012, 10:08 am
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Default Re: £29K per annum...how much can I expect to save from that?

Are lotions really necessary?

I've never needed to use them.

Originally Posted by Scamp
£4 for hand lotion
£1 for tissues

in case you were wondering.
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