I Asked Koreans How Much They Spend Per Month

[@selfknowledge842]

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 ).

[@user-hs1dd4tc7t]

pretty standard way to ask someone a question in korean

[@nahweraprossy-ck9wl]

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

[@itacv8185]

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

[@k_s_b_s]

Most of them were not middle-higher class at all. Most of these people earn basically the same which is around $2-3k max per month. it is the way in which they distribute their expenses that makes you think they are middle-higher class. For example, one of the girls said she spends zero money on rent and like $770 on food (which is still crazy amount of money on food for a skinny girl in Korea) but she can do that as she pays zero on rent and has that disposable money to spend on food, meanwhile the other girl spend much more on rent, so she has less disposable money to spend on food.

[@fatisummer9106]

Not exacly crazy, treats is big part of Korean culture , normal person have to pay for other ppl food in gatherings like his colleagues, juniors and girlfriend,they also like trying restaurants like new trendy and expensive restaurants and coffee as part of their joy and daily life ,eating out most of the time is also big part of their culture ,they drink a LOT , half of their expenses goes to alcohol.

[@melpelzer1073]

These are always so insightful. Such a natural interviewer!

[@sung-heekim4772]

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 😊

[@KExplorer]

thanks 😊 there’s a fashion video coming soon

[@makanimike]

such a big spread. The student's breakdown was a shock. Surely we are missing a lot of the backstory there. In general, it also seemed many interviewees have housing costs covered, probably because they live with their parents still. also, the sound engineer just radiates beauty.

[@9scompanion]

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.

[@stay_swith]

thank you to the student at 11:43, i can relate to someone :)

[@PhilCherry3]

This is a wonderful and informative video. One interesting and moving insight I got was middle class /affluent Korean parents try to ensure their children continue to be supported financially just like their American counterparts!💙🇺🇸

[@kev2582]

Nice interviews. Very friendly and asks right questions naturally.

[@kameraadthomas]

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

[@fammnak852]

Right?? 😂😂😂

[@emaaa78787]

It was crazy to me that he even got allowance from parents at that age, if I asked for allowance as an able-bodied adult I would get laughed at lol. And then he droped the 10k number and I was likeee oooooohhh must be nice, he rich rich 😂

[@adamsaciid4919]

@@emaaa78787 actually they're honesty people 😆like he say i got allowance from my parents

[@TheFlagUnit]

i mean business class costs $6500 round trip so… it’s not inconceivable

[@Hrathen39]

He spends a lot, but he still thinks about savings, that office lady said she has no savings and spends like 3.7k a month haha. 10k/mo job for trust fund baby, actually pretty decent job

[@queenofneverland9007]

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 😭

[@411faithhopelove]

It’s easy to save money in Korea if you look for ways to do so. The people who don’t save are people who opt for convenience over bargains. For groceries, as an example, you can go to the big supermarkets because of accessibility. But if you go out of your way to shop at traditional open air markets or wholesale markets, then you can save money.

[@jameshendrick2099]

One of the biggest reasons Seoul is expensive is the cost of housing, but most of these interviewees seem to essentially have housing provided for them-which would be from family. If they’re only paying maintenance fees, it means the apartment has been bought, basically; there’s no rent. Almost no one in their 20s can afford buy an apartment in Seoul. They’re getting housing from their parents. And if you don’t have to pay for housing, Seoul becomes vastly more affordable.

[@queenofneverland9007]

@@411faithhopelove That is so true. Even people in my country are always ordering food when they could have just went to the store and bought groceries (made their own food), they pay for taxis all the time even tho they can go out by bike/electric scooter/public transportation....people waste a lot of money going out but since I am introvert I guess I would save a lot of money in Korea lol

[@queenofneverland9007]

@@jameshendrick2099 I thought that too but it's not more expensive then my own city here in Europe but our paychecks are way lower then of those people in Seoul. I guess people always want to live above their means but if they actually wanted to have some leftover money to save at the end of the month they would have. I heard a lot of people in Korea are really obsessed with reputation, luxury goods, how others see them,...so I guess a lot of that money spending isn't even for themselves but to get praise from others. I am an introvert and don't really care how others see me so I guess I would be able to save money if I lived there.

[@green59596]

​@@jameshendrick2099Actullay, this is not true. Yes, housing is expensive in Seoul. (I don't personally think it is particularly more expensive than cities in other countries, but let's say it is true.) Many people in Seoul lives alone in studio, and rent is much lower than other countries. Also, there is a unique system in Korea that if you put a lot of security deposit, you don't need to pay the rent, buy only maintenance fee. When you move out, you can receive it back. Young people in 20s, 30s can borrow money from the bank or the government for that security deposit. So it doesn't mean they have their own houses from parents even you only pay maintenance fee.

[@stevegargana3455]

한국어 발음이 너무 우아하심 ㅎㅎ

[@ameeybarbie]

He’s respectful with the way he asked questions.

[@Boratg99]

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

[@gonnabehappy]

Then UK really pays little.

[@comfort_04]

Love your videos!! So engaging and interactive 🎉🎉

[@AriaLuminosa]

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.

[@lingth]

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

[@jillthompson6110]

It's the high cost of buying an apartment that is what costs the most. But if you just rent an apartment with monthly rent payment, Seoul is pretty cheap relatively.

[@IrisWilliams-ug5fy]

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. 😊

[@Joshis]

My rent is 1 million per month, but with utilities about 1,250,000 won monthly. Transportation roughly 50,000 per month for 1 tank of gas.

[@AmaliMorro]

Hi, I'm thinking about moving to Korea withy family, could you answer a few questions?

[@Joshis]

@@AmaliMorro sure thing😀

[@아리-t3p]

@@AmaliMorro Korea is not a country of immigrants It's hard to get permanent residency citizenship. In the case of visas, you have to work to get a work visa.

[@ritchieb1612]

Insightful to say the least!!

[@Jojo-vv9ue]

9:03 he is saving 600 a month but will sometimes tell his dad he's not getting enough ?

[@dayuum5256]

The math teacher prettyy

[@franciscopacheco2374]

Man your korean is so good, how long it took you to reach that level? You'd probably living long time in S. Korea

[@jaeunhwa4864]

$83 allowance per month is insane, i can understand having that amount 15years back. but kids this days have better phone than working adults T_T

[@Kke_Mon]

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

[@ophelia4448]

ㅋㅋㅋ 맞아요

[@melanholichollow]

I feel like the math teacher gave the most relatable answer.

[@cboy0394]

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.

[@jillthompson6110]

Most of household debt in Korea is due to mortgage payments for real estate.

[@선족이단속반]

소득없으면 대출이 나오는줄 아냐 ㅋㅋ

[@thizis_raven]

Please make a video how much people pay for jeonse in Seoul or Incheon....for a single living person

[@Xll-m5f]

Based on Seoul, it varies widely depending on where you stay, the size of the house, and the condition of the house. -> studio apartment in a suitable area (16.5m^ ~ 26.4 m^), the rental price(jeonse) is from late 100 million to 200 million won. The size of the floor space is small, but the interior and security are not bad.

[@p6h14]

That's a lot. U have to pay 100 million to landlord?

[@DheaMediana]

Interesting to know 👍🏻

[@SillyMonkeysLikeApples]

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,..

[@tomlee45]

I thikn the Jeonse makes the cost of living very inaccurate because you are giving a lump sum to the owner to secure and not not pay the rent for a certain amount of time. This value is not cheap and in some situations who don't have the money, this requires a loan so without this, this drops the cost of living if they are living alone.

[@andreinnguyen3929]

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

[@melanie...11]

Great video, thank you 😊

[@iceberg789]

expenses seem high. 🥱

[@Meow3431]

really interesting thanks

[@suromachi8202]

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

[@Kushal-v8b]

Nice video 😊

[@jimmypark3224]

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.

[@aleksandarjovanovic8888]

From what amount does the top 0.1% monthly income in Korea start?

[@simonsimon935]

This means that you understand the value of money and what it means to work hard.

[@yj8641]

I have seen many rich Korean young people spend money without budget. They just use cards and don’t even know how much they are spending. A lot of parents spend a lot themselves and let their kids spend money unlimited too.

[@TheFlagUnit]

you are part of a chaebol?

[@ediddy310310]

Crazy how that college kid can be proud of having an allowance. Work and get your own sh!t, then you can be proud. Glad I earn enough to live in Seoul. I do agree you probably need to net about 5K USD to live comfortably in Seoul. Decent apartment to live while having a social life and eat out.

[@sckb4]

8:20 big spenders don't save money. Stop capping.

[@hassansalihi5045]

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

[@ki6eki]

8:35 ??????? math is not mathing...

[@yovitaardeana]

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

[@itssuumin]

that girl look like jisoo from bp

[@jkk2940]

math teacher very beautiful

[@국진김-f4o]

이사람 한국어도 잘하시네 ㅋㅋㅋㅋ

[@mindthegap-888]

koreans are intelligent

[@sungk3962]

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

[@melmjetset1876]

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

[@cboy0394]

my guess is Nigeria.

[@Nico-lx6tg]

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

[@pinkcandytang1121]

We live in LA and we spend almost $2000 on food. Seoul is not much cheaper than LA.

[@Nico-lx6tg]

@@pinkcandytang1121 per person?? yeah you're not normal either. do you cook? i live in LA too and household of 3 we spend $600 on food and maybe $100 on boba and coffee.

[@pinkcandytang1121]

@@Nico-lx6tg$2000 for 2 ppl. Yes we cook at home most of time. Groceries (Costco, Wholefoods, Korean market) is about $1000, eating out or DoorDash/Ubereats is about $700. Starbucks or milk tea is about $300. We buy 90% organic food. Compare to our friends who eating out everyday 1 person is almost $3000

[@queenofneverland9007]

​@@Nico-lx6tgwell that is your answer...you cook. Most people don't. He can spend that much in a month because he probably only eats in restaurants.

[@itszarmin]

@@pinkcandytang1121 $2000 on food in one month? isn't it high spending ? maybe people have lots of money. 😱

[@bas5143]

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.

[@bas5143]

maybe an idea for future videos btw, ask people living elsewhere about life there and what they think of Seoul and eventual desire to move/live there or maybe they are rather happy to be not in Seoul.

[@jillthompson6110]

Small city/town in Korea are mostly emptied of people. But you can google the per capita income of South Korea by regions, and Seoul Metro is not even at the top. The richest city is Ulsan.

[@aanchalaanchal6914]

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

[@rh583]

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.

[@adamsaciid4919]

and the majority say that 😄4-5 million is 3k to 4k that's what the the majority say and 80 % are middle class also don't forget that the minimum wage of korea is 3k to 4k

[@adamsaciid4919]

per month

[@cboy0394]

@@adamsaciid4919 You're way off lol. As of January 1, 2025, the minimum wage in South Korea is KRW 10,030 per hour, or KRW 25,155,240 per year based on a 40-hour work week. This is a 1.7% increase from the 2024 minimum wage of KRW 9,860. That btw is a total of 17,932.17 USD per year. Which is equivalent to around 1500 USD per month. In Seoul (according to the Seoul Metropolitan government website), the monthly minimum wage is about 1700 USD.

[@일어나시랑게]

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...

[@LongmanByron-l5c]

Lockman Forest

[@Radio280]

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

[@theslowpokie]

Ramen, white rice, etc are considered junk food. Actual staple korean food is a lot of vegetables actually; fermented veggies, tofu, protein. Also, keeping brown rice or mixed grain rice in the fridge before eating lowers the glycemic index a lot.

[@lingth]

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.

[@aliswyn]

Very interesting!

[@andreinnguyen3929]

Singapore is the only country designed a great system like that, most of countries in the world, you cannot take social taxes (in my language which mainly covering medical & retirement funds) to buy a house like Singapore, most of the fund been locked until you reach 65 years old for male & 60 years old for female in Vietnam. Thank you the vision of Mr. Lee Kuan Yew, he had super great vision to design the fund for housing, even Japan and Korea don't have that advanced funds system.

[@Hrathen39]

@@andreinnguyen3929yes this is same for America as well. You need to start a separate savings using your take home pay for future house

[@-_-INTPJ]

ㅋㅋㅋ ㅋㅋ

[@pestngkha]

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.

[@offlow7943]

Some people makes millions in a day

[@learndarijawithkawtar4075]

the guy @8:22 is cute

[@user-dh9id1hz8k]

🐵🐵

[@koreanprimate]

Thumbnail aint cool man..

[@DiamondFlame45]

All these women are beautiful 🤯 I love the shop owner’s energy! The guys look too pretty and twink like for me 😂 But that’s my US masculine western bias lol

[@orchidmess]

your statement is unnecessary

[@traditionalfolkmusic9709]

I looked at your channel intro, and every single guy in this video has a deeper voice and more masculine demeanor than you do

[@DiamondFlame45]

@@traditionalfolkmusic9709 Thanks for watching! Different strokes for different folks lol can’t apply western masculinity standards to eastern standards and vice versa.

[@traditionalfolkmusic9709]

@@DiamondFlame45 testosterone is the same across cultures

[@jiminswriter4209]

They are not flamboyant or gay at all. It is very ironic that you would make such a statement. It is a Western bias that they are the most masculine when that is not true, just a reflection of a superiority mindset. Some cultures value a more neat appearance. You can do more than brushing your hair and showering.

[@ShangSiQi09]

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

[@gigitijarain]

What??

[@princechangwook6019]

Lmaoo