1-2K a month plus working? For a recent grad? Not necessary. I spend that, and I live well and spend more than I need to.
Yes people think it's a lot cheaper here than it is.. but it's not THAT expensive either. You just need to be smart about it.
Obviously the more the better, but the main problem is making sure your rent is covered. While teaching does not pay well, if your goal is life and teaching experience, then earning in pesos can cover your personal expenses (food/socializing). Earning is pesos will probably not cover your rent very well - even assuming shared accommodations - especially as a foreigner. If you are fine with just renting a room with other recent grads/current students, 500$ per month is more than ample. 500 USD per month is about 2000 pesos - and there are plenty of people who earn that per month and manage to squeak by. I'm not saying it's enough or you should think you can, I'm saying people do.
What I would suggest is putting away 500 per month *just* for rent and having it in an account separate from what your spending will be taken from. Better yet, have your parents manage it. Have them deposit it into the account you access once per month. That way, you have no temptation to spend it and don't need to worry about making enough to cover your rent.
If you can save another 500-a million per month, then you will be able to get by without working. It will simply determine what restaurants you eat at and activities you are able to do. It's easy to spend money here - lots to do, every night of the week, great restaurants, shows, etc.
I've heard of several people who stay less long than they intended to bc they just burn through their money at the beginning. Realistically they had enough if they had spent it differently. It all depends on what your priorities are - staying here for a while, or a short while and living it up.
Yes people think it's a lot cheaper here than it is.. but it's not THAT expensive either. You just need to be smart about it.
Obviously the more the better, but the main problem is making sure your rent is covered. While teaching does not pay well, if your goal is life and teaching experience, then earning in pesos can cover your personal expenses (food/socializing). Earning is pesos will probably not cover your rent very well - even assuming shared accommodations - especially as a foreigner. If you are fine with just renting a room with other recent grads/current students, 500$ per month is more than ample. 500 USD per month is about 2000 pesos - and there are plenty of people who earn that per month and manage to squeak by. I'm not saying it's enough or you should think you can, I'm saying people do.
What I would suggest is putting away 500 per month *just* for rent and having it in an account separate from what your spending will be taken from. Better yet, have your parents manage it. Have them deposit it into the account you access once per month. That way, you have no temptation to spend it and don't need to worry about making enough to cover your rent.
If you can save another 500-a million per month, then you will be able to get by without working. It will simply determine what restaurants you eat at and activities you are able to do. It's easy to spend money here - lots to do, every night of the week, great restaurants, shows, etc.
I've heard of several people who stay less long than they intended to bc they just burn through their money at the beginning. Realistically they had enough if they had spent it differently. It all depends on what your priorities are - staying here for a while, or a short while and living it up.