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Thread: Would you accept JET if you had heavy financial commitments back home?

  1. #1

    Default Would you accept JET if you had heavy financial commitments back home?

    Hello, 2days ago I received what should had been a happy call. I've been upgraded for JET!

    2 weeks ago, I found a house near my parent, at a good price. It will be ready mid of next year. I'm not that young. Having lost hope for JET, I decided to purchase. I figured if I get upgraded, the one year window before the house is completed is just nice.

    Now that I did my detailed calculations, I realised that I will have to live so frugally to service my loans, that I will probably not do any of those road trips at all.

    My question is, will I still enjoy JET without the frills? I'm actually really looking forward to the job itself, the classroom teaching, but the stories i hear about JET being life changing seem to be about what happens outside your job. Without the spare cash, will I be living a terribly lonely life?

    What would you do if you were me? Honour my previous decision and give up JET (for good, since I will reject and be blacklisted) and since it won't be enjoyable without any spare cash. Or go ahead with it (my parents will need to help me with part of my loan repayment) and trust that things will turn out just fine even if Im on a shoestring max budget? Im budgeting to send back about 8man to 110man back home every month to cover my home loan.

    Thanks in advance for advice.
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  2. #2

    Default Would you accept JET if you had heavy financial commitments back home?

    Couldn't you rent your house out until you move back? This would cover the mortgage, taxes, and maybe any HOA you might have. As long as you come out profiting 20% ahead then you're fine. Just make them pay for the utilities.

    I use a property management company to handle my rental units so I can be hands off. They only charge 1 months rent to deal with tenants and set up contracts.


    ** I posted assuming you're just remodeling over the next year (which could wait until you get back) and it's not a new construction**

    If it is a new construction, then I'm afraid the best is to pay your loan. Nothing is worth going into deep debt.


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    Last edited by Jedirust; May 10th, 2014 at 11:35.
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  3. #3

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Hi Jedirust, yes I intend to rent out when the house is ready. Its a brand new construction, so from now till when its ready to rent, i have to service the instalments for about a year... Thats the tough part. I hate to give up on JET..
    Last edited by shue; May 10th, 2014 at 12:02.
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  4. #4
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    My first time around, I was able to have a blast and send home about 800$ per month. I travelled too, one trip back home and one to Okinawa in my first year. I wasn't lonely either. I found rural japan to be very affordable!

  5. #5
    Senior Moment Antonath's Avatar
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Saving $800 to $1000 a month is easily do-able, even without being frugal. Your costs on arrival wil be higher, of course, but once you settle in saving money is fairly easy.
    ...because Japan.

  6. #6

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Thanks everyone for your advice. Cross my fingers that I get the better of the ESID situations. I'll ask for advice when I get my exact placement.
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    keepin' it real ihatefall's Avatar
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    I knew JETs that sent home 14man a month to pay off school loans. It's surprising how much you can save. how much you can save if you


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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    If you're willing to be frugal in certain areas (drinking at bars and going out to dinner, frequent travel) I don't think it's unreasonable to expect to send home around 600-800 dollars per month. I did about that much for my first year so that I could have my student loans paid off quickly.

  9. #9

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Thanks all. Can you all share, which cities/prefectures these stories are from/you are from? Esp the 14man story by ihatefall. Thank you everyone!
    Last edited by shue; May 10th, 2014 at 16:02.
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  10. #10

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Quote Originally Posted by shue View Post
    Thanks all. Can you all share, which cities/prefectures these stories are from/you are from? Esp the 14man story by ihatefall. Thank you everyone!
    14 man is probably over half of your take-home salary. It is doable, but it is definitely on the outer limits of doability. Also, 1 month with unexpected expenses (ie injuries,house fire, etc) would equal a missed payment.
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  11. #11

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Quote Originally Posted by shue View Post
    Thanks all. Can you all share, which cities/prefectures these stories are from/you are from? Esp the 14man story by ihatefall. Thank you everyone!
    Rural Hokkaido.
    My expenses for April was about 6man, leaving me with 16.5man in savings.
    The main reason is that my rent is just under 1man, but many other JETs pay 4-5man for housing. That's going to make a big difference in how much you can save.

  12. #12
    Billy Big Bollocks Ini's Avatar
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    I didn't save a penny in 5 years of the jet program...... If you have a car, enjoy a few drinks and go on a couple of holidays you'll struggle to save anything.
    Great men of action never mind on occasion being ridiculous; in a sense it is part of their job.

  13. #13

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Thanks. I needed to hear that side of the story as well. Say, i reject the upgrade this time, am I still eligible to apply next year?
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    Senior Moment Antonath's Avatar
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    I may be wrong (I probably am), but I believe you're disqualified if you turn it down after you hear your placement.
    ...because Japan.

  15. #15
    keepin' it real ihatefall's Avatar
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Quote Originally Posted by shue View Post
    Thanks all. Can you all share, which cities/prefectures these stories are from/you are from? Esp the 14man story by ihatefall. Thank you everyone!
    Sorry the last part got cut off. It said, "if the local bar doesn't know your name.)

    I PM'd you the details but the town I lived in pay our rent in full. Super rare but they are out there.
    My expenses were about 2man a month. (Cell phone, internet, water, electric and phone.) I could walk to the station, so I didn't need a car.



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  16. #16

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    If you get a fairly cheap placement you'll be able to manage 8man without being too frugal. I've eaten out nearly every night, travelled all over and have still scrabbled together some savings.

  17. #17
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    You will have to reject after hearing your placement, if you do reject. There's nothing for it. Accept for now. Get in contact with the person already there (your predecessor) and explain the situation. Ask for a detailed account of their expenses. You're going to hear all sorts of ESID because the expenses are what's really variable on this program.

    For example, I have what I'd call a "middle-good" situation. $220/month in rent (yay!), $330/month car rental (boo!), $150/month phone and internet (I'm an idiot who signs 2-year contracts my first week here!), and higher gas & electric than most due to my little mountain town placement. I can save $1100/month if I scrimp. Did the same as therealwindycity and sent home a giant chunk my first year to get my student loans under control. But this year I went to Thailand for 3 weeks instead.

    It will not matter what city or prefecture everyone is from, because only your specific placement will determine costs. The BOE will decide if/how much your rent is subsidized. Rent might even be free! Your pred might give you a free car!

    On the other hand, rent might be 600/month, and you might have to rent a car at a further $300/month.

    You won't know until you ask the person vacating the position. At that point, you can make your real decision.

  18. #18

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Also, if you reject after your placement, you could reapply for the 2016 programme (apply in 2015 for placement in 2016) per my understanding. Maybe if you take a year or two to get your affairs with the house in order & find a tenant who could at least cover your mortgage & other housing payment costs, you'd be better off?

    Best of luck with your plans!
    I came here to laugh at you.

  19. #19

    Default Re: Would you accept JET if you had heavy financial commitments back home?

    Thanks everyone.. can someone verify what my friend told me? Of the monthly pay I get, I need to set aside 20% for taxes, and a further 18% for health insurance and pensions (I know I get part of that back, but it doesnt matter..its cash upfront) Previously I only budgeted for 20% off, which was why I thought I can save. Now with an additional 18% thrown in, it means my parents will have to fork out even more for me. The new intakes get lesser pay and more taxes, it's rather errm taxing isn't ut. After an internaI struggle I've decided not to pursue JET this year.

    But I guess, if I won't be able to enjoy myself while I'm there, and I have to constantly worry about the house back here, then I won't really enjoy JET I think. I'm going to call the coordinator at my Japan Embassy here and explain, she's a really nice lady. And then, I keep my fingers crossed till next year. Maybe I'll come across something better.

    Thanks everyone for your advice

    Quote for the moment to console myself in giving up a 3 year dream.... "As I look back on my life, everytime I thought I was being rejected from something good, I was actually being redirected to something better." Steve Maraboli
    Last edited by shue; May 13th, 2014 at 10:59.
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  20. #20
    Senior Moment Antonath's Avatar
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    Default Re: Would you accept JET if you had heavy financial commitments back home?

    If you haven't been given a placement yet, you'll be eligible to apply again for next year's intake, and if you got selected once and turned it down on legitimate grounds, there's every chance you'll be accepted again. That way, you'll have another year to look after the housing and tenant situation. The long, drawn-out application process can really screw with people that are trying to have a Plan B, so there's nothing wrong with declining JET to get things in order first. Heck, you can play up that sort of forward-thinking in your SOP next time!
    ...because Japan.

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