The SURPRISING Truth About Saving Money In China - Expat Edition

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  • Опубликовано: 7 сен 2024
  • While some people move to China to save enough to travel the world, many of us move to China for Financial freedom. We move with high hopes that we will be able to instantly save loads of money. The question is, have you been lied to? In this video, I'm painting a clear picture of saving money in China from personal experience.
    Visit my website: nomfundombatha...
    Email address: mbathanomfundoyt@gmail.com
    Pinterest: / mbathanomfundoo

Комментарии • 85

  • @CheesecakeOnTheMoon
    @CheesecakeOnTheMoon Год назад +18

    Always here for your content.❤ Living below one's means is definitely the key to saving. I bit myself in the foot by signing with an agency that pays peanuts (even for a tier 3 city) so i had to adjust to living below my means real quick. I always feel like I've spoken to a friend after watching your videos.
    Thank you for being encouraging and realistic.

    • @emmerencyiak8366
      @emmerencyiak8366 Год назад +1

      Please share the agency's name and also what was your salary ?

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад +1

      You are too kind. Thank you. ♥
      I hope you're getting out of that contract soon. 🙏🏾

    • @iambloopy
      @iambloopy Год назад +1

      It’s probably English First

    • @CheesecakeOnTheMoon
      @CheesecakeOnTheMoon Год назад +3

      @@iambloopy nope. Starts with an I, ends with a C

  • @renaywilliams5381
    @renaywilliams5381 Год назад +9

    This is really giving me a realistic picture of what I can expect regarding saving in China, and to have a plan B.
    Thank you Nomfundo!

  • @thandekankosi462
    @thandekankosi462 Год назад +4

    That is so true cc our background plays a big role in our financial decisions. Sometimes we have to tie ups some lose ends before we can start living our best lives❣

  • @mphomakhale
    @mphomakhale Год назад +1

    Guuuuurl, I just moved here two months ago and I completely agree with you. Not a lot of people here have a Plan B when they get home. So most are forced to just be here and teach.

  • @proofoflife7654
    @proofoflife7654 Год назад +6

    Taobao will have you on a chokehold if you’re not careful. Black tax will drain your soul also😂😂

  • @shingangeclaudia9712
    @shingangeclaudia9712 Год назад +5

    You're such a gorgeous human

  • @nonhlanhlamkize729
    @nonhlanhlamkize729 Год назад +1

    Thanks for sharing..I also couldn't save a dime in my first year cos of responsibilities back home and also I had that thing of everything is cheaper in China

  • @AnnahPokubye
    @AnnahPokubye Год назад

    Great video Nomfundo!!! 100% true!!! I see what you are saying in my own life! thanks for sharing!

  • @lorrainempinga8694
    @lorrainempinga8694 Год назад

    You are so real and unique thank you so much for your honesty.
    💕🙏

  • @prettyK-world
    @prettyK-world Год назад +4

    Currently in SK and looking to relocate…but SK is a reaaaaal scam!!!👀 aaaand its super expensive!!!😩 I’m hoping China is better!🥺

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад +4

      China is definitely better once you’re settled.

    • @zee7922
      @zee7922 Год назад +2

      I'm literallllyyyy in the process of leaving cause even though I live in a small city it is still expensive even for me!!!

    • @prettyK-world
      @prettyK-world Год назад +1

      @@zee7922 don’t even mention it. I’m literally in what they call rural, though it’s a small city too. And chyle every month I feel like I’m unemployed!😭 Korea is super expensive!

    • @prettyK-world
      @prettyK-world Год назад +1

      @@zee7922 do you mind sharing your ig I’ll add you?

    • @gcinilendlovu2885
      @gcinilendlovu2885 21 день назад

      Hey ​@@prettyK-worlddid you manage to get a job in China?

  • @gugulethunkabinde6288
    @gugulethunkabinde6288 Год назад

    Thank you so much for being real and honest 💚💚

  • @noluthandomakhanya3719
    @noluthandomakhanya3719 7 месяцев назад

    Thanks for the advice it would be better if you gave us rounding off figured in your explaination so we could get a clear idea of the amounts we working with ❤ but love your content mamas thank you

  • @amo_thake
    @amo_thake Год назад

    This is a really refreshing video. Very honest and practical. Thank you

  • @wandilewawa
    @wandilewawa Год назад

    I’m glad at least you got a break with your honours. 👏

  • @abdulthiam
    @abdulthiam Год назад +1

    Thank you so much for advance sis 🤍😊

  • @tshiamosefike3672
    @tshiamosefike3672 Год назад

    I'm a new subscriber! Yay Best friend! The honesty in your videos is refreshing😊💚

  • @zakithiokonjor3321
    @zakithiokonjor3321 Год назад +1

    Siyabonga❤ very informative

  • @NomfundoMbatha
    @NomfundoMbatha  Год назад +3

    Please watch the whole video to fully understand what I'm saying. 😉
    Visit my website: nomfundombatha.com/
    I love and appreciate you, bestie. ♥

    • @abdulthiam
      @abdulthiam Год назад

      We appreciate you more ❤

  • @SuuBXo
    @SuuBXo Год назад +1

    Thank you so much for this video, I was looking for someone who can gave me a very realistic POV about living in China. I am planing to go there and try to biuld an estable lifestyle. This was very helpfull !

  • @m83kid
    @m83kid 26 дней назад

    It sounds complicated to live there.

  • @dubagentselekions8221
    @dubagentselekions8221 Год назад

    아녕하세요 Mahlatse from Pretoria
    Wow great insight🙏 I have been trying to go overseas since 2018 but I'm working minimum wage to pay tuition then get my certificate, only then next year i might relocate hopefully. learning Asian languages too on my own
    Take Care👍

  • @sthandilenokwazi104
    @sthandilenokwazi104 Год назад +1

    Can you please highlight us on the different ties in china.which places should someone choose if coming to china and the salaries

  • @id37
    @id37 Год назад +1

    I’m just sat here nodding and saying amen to the financial burden due to guilt and bills back home! How often do you fly back to SA?

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      😊
      Before the vid, I'd planned to come back at least once a year. Hopefully visiting sometime this year.

  • @NCUBELAWRENCE
    @NCUBELAWRENCE Год назад +1

    Hie Nomfundo what angency can i use to get to china

  • @shivanisewraj
    @shivanisewraj Год назад

    Hi Nomfundo. Have you heard of Shane English School in China or do you know of anyone who has taught there? I would like more info and would really appreciate your help. Thank you.

  • @girliGuess
    @girliGuess 11 месяцев назад

    Thank you for your honesty.
    In South Korea. Im not a fan of my Hagwon but I am currently saving a little over 10k a month.
    I heard China pays double what we earn here. I found this enticing because I figured I'd save double. Are they lying? Do y'all really earn more than us here in SKorea?

    • @NomfundoMbatha
      @NomfundoMbatha  11 месяцев назад

      You're welcome and yes, we get paid more in China...very subjective, though.

    • @girliGuess
      @girliGuess 11 месяцев назад

      @NomfundoMbatha last question!
      (Sorry)
      Does everyone get the 6 Weekes scroll holidays or is it just the public schools like here in Korea?
      We only get 10 days a year plus the mercy of national holidays.
      How do holidays work there?

    • @NomfundoMbatha
      @NomfundoMbatha  11 месяцев назад

      Please go through the ESL section on my channel. It will help a LOT. @@girliGuess

    • @fujoshikittyxx
      @fujoshikittyxx 5 месяцев назад

      over 10k A MONTH?? usd or a different currency???

  • @nobu94
    @nobu94 Год назад +1

    How much money on average should u have saved up to move to China

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      This should help: ruclips.net/video/6v0it2wpj78/видео.html

  • @jabulilemkhwanazi9740
    @jabulilemkhwanazi9740 Год назад

    Hey Nomfundo just stambled on your page , great content thank you. Just a quick question I heard u say you paid for ur BA while in China. Did u complete it before or while in China ?

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      Hello, Jabulile. Thank you.
      I continued my BA when I moved to China. Also did my Honours while being here.

    • @tshiamosefike3672
      @tshiamosefike3672 Год назад

      Oh, that's great! CONGRATULATIONS Nomfundo👩‍🎓 I thought you had to have a completed degree already in order to teach English in China

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад +1

      @@tshiamosefike3672 Thanks. I finished my B.Ed while still living in South Africa. I was talking about my other degrees here.

  • @michaellindokuhle8734
    @michaellindokuhle8734 10 месяцев назад

    Hi Nomfundo great content☺I just want to know if you have a child, how possible is it to relocate with him. I mean in terms of the legalities involved like do they allow you to come with the child and the schools that side how expensive are they?

    • @NomfundoMbatha
      @NomfundoMbatha  10 месяцев назад

      Thank you. Yes, you can relocate with your family .

  • @daymaseko93
    @daymaseko93 Год назад

    Hey Nomfundo. I've seen in your vlogs that you're saved. I wanted to ask where one can get a spiritual home (church) here in China. TIA

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      Hello, there are a few churches in Shanghai, but I've switched to a virtual church for personal reasons.

    • @daymaseko93
      @daymaseko93 Год назад

      @@NomfundoMbatha May you please share the link. Thank you so much for the quick response.

  • @senzelokuhlenkabini6004
    @senzelokuhlenkabini6004 Год назад +1

    Thank you for touching on this topic. I've heard that it's difficult to transfer money from China to a South African bank account, is this true?

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад +1

      You're welcome.
      No, it's not hard to transfer money.

  • @jeffreymorganbezuidenhout690
    @jeffreymorganbezuidenhout690 Год назад

    Hi, great content.
    What is the tax rate in China?

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      Thank you. Tax rates vary. Please Google for precise figures.

  • @EverythingSomeGh
    @EverythingSomeGh Год назад

    I'm planning to move to china soon to work. Are there expat groups I can join online?

  • @Teacher_Zania
    @Teacher_Zania Год назад

    Does your school not pay for your rent deposit when you get to the country?

    • @Teacher_Zania
      @Teacher_Zania Год назад +1

      And rent*

    • @proofoflife7654
      @proofoflife7654 Год назад +1

      Good question. My school covered it

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      Nope. Unless you have free accommodation. Some schools give out loans to new teachers, though. At least in Shanghai...

  • @coritellastory
    @coritellastory 9 месяцев назад

    Did you leverage fapian tax? Is it worth doing?

    • @NomfundoMbatha
      @NomfundoMbatha  9 месяцев назад

      I don’t understand your questions?

    • @coritellastory
      @coritellastory 9 месяцев назад

      @NomfundoMbatha i spelled it wrong, it is fapiao tax in china. the practice of paying taxes real time and submitting invoices monthly. do you do that?

  • @nobu94
    @nobu94 Год назад

    What agency did u use to get to China

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад

      Hello. Check my channel. That’s gonna help answer most of your ESL related questions.

  • @wandilewawa
    @wandilewawa Год назад

    Did they exaggerate the dress code at work?😂😂😂😂😂 I hate it when people do that hey, just don’t mention something especially dress code if it’s not that deep.

    • @NomfundoMbatha
      @NomfundoMbatha  Год назад +1

      They did. Semi formal what what. You get here bagqoka ophaqa. 💀😂

  • @NCUBELAWRENCE
    @NCUBELAWRENCE Год назад

    Hello dear. How do i become an online English teacher