“This is 20-25 percent higher than the average foreign consultant’s salary for projects funded by ODA loans and government preferential loans,” the Ministry of Finance (MOF) said in a recent report to the government. “This is twice as much as the average income declared by taxpayers with Japanese nationality working in Vietnam in 2016.” Consultancy accounts for 5-8 percent of the total cost of projects funded by Japanese loans compared to 4.5-6.5 percent in other cases, it said. There are no regulations related to international salary scales for projects funded by and foreign loans, it added. Japan is the largest provider of ODA loans to Vietnam. According to MOF figures, the country had provided $23.76 billion as of June 30, or 26.5 percent of the total funds borrowed by the Vietnamese government. In the last few years Vietnam has been borrowing $1.5-1.7 billion a year from Japan, accounting for 37 percent of the total foreign borrowing. The … [Read more...] about $30,000 monthly salary for Japanese ODA consultants too high: Vietnam
Mark and Amanda Tew and their four children spent a year on a mini-retirement in Nicaragua. Over six years, they saved $US30,000 while paying off debt and building an emergency fund, all of which they accomplished by living below their means and maintaining side hustles. That $US30,000 should have been enough for the year, but they were surprised by big expenses like health insurance, a car, and schooling for their kids – plus a cancer diagnosis for Mark just before they left. Even with the unexpected costs, including an extra month in Nicaragua, they still spent less than they would have in the US. Mark says “the experience was worth the investment.” For Mark Tew and his wife Amanda, taking a year-long mini-retirement in Nicaragua with their four children just felt right. Mark has always had a love for Latin America, and he previously told Business Insider he felt the whole premise of traditional retirement was faulty. “Waiting until I’m 65 when … [Read more...] about An American family who moved to Nicaragua for a year to live cheaply ended up blowing their $30,000 budget thanks to unexpected costs — but still spent less than life at home in the US
The average cost of a wedding in America is $US33,391, according to The Knot. More than half of couples go into debt to pay for their wedding – so how much are couples actually spending on their wedding? We talked to seven former brides to see how much they spent on their wedding, and the majority spent less than the national average. Modern-day weddings have a notorious reputation for being pricey. On average, Americans spend roughly $US33,391 on their weddings, according to The Knot’s 2017 Real Weddings Study. But that doesn’t mean they can afford it. More than 74% of couples will go into debt for wedding costs, reports Student Loan Hero. But, of course, how much you spend on your wedding depends on several factors, such as where you live, what season you’re getting married in, what type of wedding you have (big or small), and what details are important to you. So, Business Insider talked to seven former brides who shared their wedding budget details. … [Read more...] about The average cost of a wedding in the US is more than $30,000 — but we talked to 7 real couples and most spent way less than that
When the lights went out in Falls Church, Va., during a snowstorm, first-grader Sarah Gomez-Lane found inspiration by taking part in a contest sponsored by multinational tech giant Google. Faced with hours of being trapped indoors with no electronic entertainment, her mom’s spontaneous suggestion to enter the annual Doodle-4-Google contest appealed to her, and the little girl set to work. Armed with colored pencils and a sheet of paper, Sarah created a prehistoric-themed masterpiece — a doodle that would eventually become the winner of D4G’s 10th annual contest and yield a whopping financial reward for Sarah.Among the hundreds of thousands of contest entries, Gomez-Lane’s doodle gleamed a little bit brighter to Google’s esteemed panel of judges, which included actor Neil Patrick Harris; Olympic gold medalists Ibtihaj Muhammad and Laurie Hernandez; and 2017 National Teacher of the Year, Sydney Chaffee. From there, her entry advanced to public voting, … [Read more...] about Google gave $30,000 to a 7-year-old for a dinosaur doodle
The founder and CEO of Squarespace on launching a dream and the importance of giving back. Dan Bova Published 1:10 pm, Friday, May 11, 2018 Photo: Squarespace Image 1of/1 CaptionClose Image 1 of 1 Photo: Squarespace His Parents Loaned Him $30,000 to Start a Company. Now It's Valued at $1.7 Billion. 1 / 1 Back to Gallery In 2003, Anthony Casalena’s parents gave him a $30,000 loan to help get his business idea up and running. Fast-forward to 2018 and it would appear that Casalena is more than able to pay that loan back. The company he started with the $30,000 is Squarespace, the website-building resource that now has over 600 employees and its logo emblazoned on the jerseys of the New York Knicks. Also, according to Bloomberg, a valuation of $1.7 billion. Not too shabby. Casalena hasn’t forgotten how that … [Read more...] about His Parents Loaned Him $30,000 to Start a Company. Now It’s Valued at $1.7 Billion.