July in review
Accomplishments in July
- Studied a little bit of Chinese (HSK1 93%, HSK2 92%, HSK3 92% competency)
- Left training center
- Found part-time jobs
- Nearly finished core demo for first game
- Conserved phone data
- Kept track of expenses
- Savings rate: 75.81%
75% of our spending was housing and food.
I earned and saved about the same as last month.
This graph has a nice slope, but we are currently unemployed.
The slope could have been greater via a combination of luck and effort, but mostly effort.
This is a prediction of when I could reach assets of 23x monthly expenses if every month were like this one:
Debt forgiven 2033: ERE Q1 2023
Debt paid off ASAP: ERE Q4 2024
: I don’t like the gym and I haven’t tried to running lately after I hurt my knee back in Nevada.
: I’m sedentary, eat street food everyday, and live in a (moderately) polluted environment.
: I think I drank more because I had less to do, which is potentially a bad sign for ERE.
: We are looking after a third kitten for some friends until they come back from holiday. His name is Cooper. He found himself a nice upper respiratory infection which tested positive for FCV and is finishing up his medicine treatment this week.
: I plan to build an indoor, free-standing climbing wall when we move into our new place. See here
: We were supposed to move to our new, relatively spacious apartment on the 31st, but the landlord hadn’t finished cleaning, so we’re moving today. The rent and fees exceed our allowance, so we will pay ¥500-¥750 each per month. The stove-top fan had to be replaced and we will pay half at ¥250 each. Internet start-up fee is ¥200. I’ll have more about the new place in the August update.
Thoughts on ERE
: I have started working through a series of ERE epiphanies due in part to this thread
. My epiphanies mostly follow the line of thinking as voiced in other journals (see Fish’s thoughts here
: Our company and the center were unable to reach an agreement regarding our compensation and overtime hours. Thus, we worked only 3 days there as they asked us to leave on July 5th.
: Our new company has that more personal feel and as well has a better reputation among expats. Pay is less, but so are hours, so per hour we earn more than double and we have evenings and weekends available for part-time work.
: The process thus far, where company A is our first agency, and company B is our new agency:
Mutually agreeing to end contract early with company A
Sending a picture of our residence permits to company A
Receiving a virtual copy of our cancel letter from company A
Giving our documents plus virtual cancel letter to company B
Signing a contract with company B
Waiting for company B to tell us to have company A cancel our residence permits
This should wrap up in the next month or two. Behind the scenes there have been a lot of company representatives running back and forth to various agencies and departments, clarifying things, and updating the timeline.
: I can make a general if/when statement, incorporate pre-generated graphics, find free custom music, and handle minor image manipulation. I have also outlined a plot and have planned and started making enough material for about 1 hour of gameplay.
: So far, we have found 2-3 opportunities for part-time work without even looking. They all pay about ¥250/class, but are not located conveniently close enough to our new housing.
: We are both using online tutoring until we can ideally replace it with local part-time work. Online tutoring is great during down-time, because we can easily earn $30-$50/night, but when local work pays $30-50/hour, it is not nearly as efficient.
: With an ERE mindsight, it is near impossible to spend more than I earn in a month where I receive a paycheck. Restaurant owners around here seem to make about ¥5000/month, and we met some lawyers who earn more than ¥20,000/month each. We will probably average in the middle of that range, or towards the high-end if we make an effort. Buying cheap cooked to order street food results in spending of ¥1500/month, housing is less than ¥3000/each, and transportation can be almost entirely avoided by walking or biking. Take a teacher salary of say, ¥13,000/month post-tax, take away the “big 3”, and you’re left with a 65% savings rate.
: I have now been invested for one whole month. I go between checking it daily, and then forgetting about it for a week.
: It would be cheaper and healthier to cook home meals. I could save easier if I cut out various discretionary purchases. We could also easily spend up to ¥1700 less each per month on housing if we down-sized.
: We received a full housing and salary check, plus what they messed up last month. I got a deposit from online tutoring, and we got our final month’s partial salary (3 days) and final month’s partial housing allowance (5 days). I also earned a small fee for a one-off lesson at a summer camp.
: I am determined to eventually earn something in this category. I think I can make video games, start a game developer website and/or YouTube page, and/or stream on Twitch.
Goals in July
How did I do?
Goals for August
- Full-body exercise 2/week - fail (0 times)
- Study Chinese 20 hours - fail (4.5 hours)
- Savings rate >65% - complete (76.5%)
My past months goals didn’t make me tick. I’m still not sure how important I find setting goals on Day 1 for the next 30-day period. Here I do it anyway for Aug 1st to Aug 31st:
- Start climbing wall
- Work on game
- Study HSK 4
Anyway, that's my update for August. You all provide a lot of great insight and great answers to questions, so if I can help you in anyway with regards to my lifestyle and/or thought processes, please let me know.