Sunday, August 17, 2014

Korea 2014 Expenses Breakdown

Cost of Living in Korea is high but traveling to Korea is NOT expensive as most people think. The total cost of our latest trip to Korea is Php 55,015 which is very expensive because of several reasons:

1. Booked airfare last minute and during peak season as it was holy week (18,639 Php round trip from Cebu Pac).

2. We spent total of 10 days and 9 nights which includes visit to 4 major cities (Seoul, Busan, Jeonju, Suwon).

However, the amount that we spent was only around Php 35,000 as the hotel cost were covered by my boyfriend's dad and we received allowance from his relatives. :)

If removing airfare and shopping cost, we actually spent only about Php 27,000 for 10 whole days! For you to spend less but not sacrifice the quality of travel to Korea, here are some tips that helped us which you can apply:

1. Again, stay in cheap accommodation! We took a very small guesthouse near Myeongdong MRT station. This guesthouse is NOT recommended if you have kids but okay if you're traveling along or with a friend.

2. Ride subway most of the time. The only time we rode a taxi was in Jeonju as it was cheaper there and also at night going to Dongdaemun as subway has already been closed at midnight.

3. If you want to visit the other cities on a budget, ride the cheapest bus rather than riding premium buses or the bullet train. It will add 1-2 hours more to your travel time but the cost will be cut into more than half! Bullet train costs around Php 4,000 one way to Busan but we spent only Php 1,000 for our one way bus ride.

4. Have a plan on when and where you will eat! :) We decided to eat breakfast everyday in a convenient store to grab a milk or a quick sandwich. At times we substitute a meal at a restaurant to street food to taste more variety of food with less the cost. 

You can visit my previous expenses breakdown from my 2012 Korea Trip to get to know more about the cost of traveling to Korea. It's only about Php 20,000- 25,000 for 6 days! Click here to learn more.
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19 comments:

  1. Hi Tin! Do you know where I can exchange peso to won in Manila?
    I want to exchange some cash before going to Korea.
    Hope to hear from you soon. Thanks in advance!

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    1. Hi glamgen22, nope sorry... I couldn't find a money exchange here in Manila who can exchange from PHP to KWN din eh. I exchange my money in the airport sa Korea from USD to KWN although just few amount lang (maybe good for 1 day) because it's slightly expensive there versus when you exchange your USD to KWN in the streets of Korea na.

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    2. Hi! You can exchange php to kwn in czarina money changer. They have a small branch in 14/f ayala tower one, ayala triangle, makati city. You need to call them first to have a reservation as to how mch kwn you'll be needing. You can google their phone nos.

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  2. how much inabot nyo sa guesthouse? :)

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    1. Hi, it's already indicated in this post under Accommodation in KWN and PHP :) that's all in na.

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  3. hi tin...yung airfare mo para sau lang? kasama ung bf mo?...tia

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    1. Mine lang! It's a bit pricey because hindi siya promo fare and we booked few weeks before the trip.

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    2. thanks mam :)...btw..really enjoy reading your informative and helpful blog..

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  4. Hi ate tin, iblike your blog and i'm a travel addict too peeo locally lng muna. Hehe. Honestly, I’ve never been in any international trip but planning to have atleast one, next year. Hopefully korea. ^_^ i have questions about the visa processing though i read lot of blogs about it. I have this dilemma of not passing the visa application cause i’m just an ordinary employee of a manufacturing appliances company and having a salary ranging 13k-15k monthly. In my itr it’s declared that i’m a BELOW minimum wage earner, meaning i dont have tax. Is there any chance that i could pass the visa application? Though i have more than 30k savings in my bank account. And which is preferrable, i’ll first book a flight before applying a tourist visa ? (cause i’m planning to book a promo fare (1 fare) or applying first the visa before booking a ticket which will cost me more than 10k.. Another, if im going on july 1st, what date should i filed for visa application? april? Hope you could answer me. Thanks
    -mariz

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    1. Hi Mariz! thanks for taking time to read my blog and for finding it informative haha. Now to answer your questions:

      -Chances of passing that I am not sure! Cguro naman makakapasa because lahat naman may 50-50 chances of approved visa... think positive! just follow the requirements and pray ;)

      -Regarding not having tax because you said you are under below minimum wage, not sure din kung paano yun..sorry :/ BUT!!! if you have money more than 30k then I think you have a chance. I suggest if you ask a very close friend or family that could lend you some money so you can add it to your 30k :) Anyway, bank certificate lang ang kailangan mo naman not bank statement (may difference kasi siya).

      -Personally, I book everything before applying a visa BUT some of my readers share to me that they've tried applying a tourist visa even without hotel or flight pa. So I guess pwede naman siya :) I suggest though to limit the risk of losing big amount of money...book a very low plane fare first then apply a visa. Once granted, that's the time you book your hotels para just in case hindi ka ma-grant ng visa, ang masasayang lang is your airfare. okie?! :)

      Hope I was able to help you!

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  5. Wow ate ang dalas mo sa korea ha.. Hehe
    Thanks for this info :))) atleast updated kaming mga gustong pumunta ng korea.. :))) God bless!

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    1. Hi Eunice, oo nga pansin ko din parang napapadalas ang Korea ko hahaha ang ganda kasi dun sobra :) sarap balik-balikan :) In case you have questions re. Korea next time you decide to apply just leave a comment and I'll try my best to answer! Thanks!

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  6. Hi Miss Tin. Question lang po, yung sa bank statement po. Which is the new requirement, magkano po dapat ang pumapasok na pera sa account mo monthly? Any idea mam thanks a lot

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    1. Hi, the Korean embassy did not state how much minimum or required amount ah but in my opinion and experience, I always make sure I maintain minimum 50k. Some may disagree because others got a granted visa with below 50k naman din so it really depends. The more the better of course! :) Thanks!

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  7. hi do they change php to won in korea? d ba mahirap magpa change ng peso to won? thanks@

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    1. Hi, not all money changer changes peso to won...bihira lang pero meron naman. But I suggest you convert your peso to USD para safe :)

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  8. Would you know if they are calling your employer for verification? That is the thing im worried about because many times ive been rejected with CC, Loan and Line applications because they are not able to contact our HR.

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  9. Hi Tin, ask ko lang po sana where you stayed? Also, I'll be travelling with my bestfriend on June, summer , masyado bang mainit dun? lol Thank you~

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