Living 2014 on $5000.00 a month in Philippines (living in provience)
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Peter
Money nor girls is the reason I am coming to the Philippines. Its the place I feel most at home outside of the USA.I love the country side and would not live in the city. I don't live in the city in the USA and want do the same in the Philippines.
I have a family in the Phil - 2 kids with my mom (both of my kids are studying in an International School). We are living in middle class area near the airport and we usually allot the following.
Pesos
Rent - 18,000
Electricity - 10,000
Cable - 500.00
Water - 400.00
Kids - 20,000 (school bus and tutor)
Kids allowance - 30,000(20,000 - for the teenager and 10,000 for the gradeschooler)
Groceries and Market - 25,000
Misc - 15,000
We only spike our expenses when it is due date for car maintenance, insurance etc.
Please take note that this is for 4pax expenses so if you are just 1 or 2 then your cost will be more lower than us. You may also want to exclude the kids maintenance if you do not have kids

Oh, and this is in Manila - province will be way more cheaper, I guess

Pete
Pete
It's a typcial filipino big note story
Pete
In my view, being a single, female retiree from and still residing in the UK, considering retirement to the Philippines within next year or two; respectfully, I almost fell off of my chair when I saw the figure of $5000 per month pension to live on in the Philippines. Phew .... this is a huge amount of money for a retiree to live on, whether living in the USA ... or especially the Philippines, or any south east asian country come to think of it. I am not jealous in any way; good luck to you accruing such a pension.
For myself, a very recent retiree, and in receipt of both UK State Pension, and Occupational Pension (subject to UK tax!), this equates to just over the quoted average foreigner's pension of $1200 per month.
Having read many Thread topics and blog comments, it does appear that one can live quite well on this amount, obviously, dependent on one's life style requirements. For me, still living in the UK, living frugally/simplistically for many years to make ends meet; have for years wished for warmer climes to sooth the ole bones! Desperately wishing to relocate to south east asia, but, financially, for the moment, the time isnt quite right, plus I am torn between a number of south east asian countries.
For a UK State Pensioner, if deciding to live in Philippines, one's state pension is indexed linked .... Im sure most UK expat pensioners will well be aware of this before taking the leap? .... However .... in other south east Asian countries, the UK State Pension is not indexed linked and would remain Frozen!!
I would like to echo one comment, and one in my view, doesnt tend to be factored in, on expenditure examples ... that being .... Health Insurance!!! .... and the cost of .... Are Not spoken and expanded on enough.
Once again Folks ... I am all ears on this subject.
I would like to point out!聽 That yes, the UK has a National Health Service (NHS), and Funded by taxations.聽 Maybe .... It has become a Figure of Speech!聽 That ..... It is a Free service; this does annoy me, because it isnt!聽 Yes, once a UK state pensioner, one stops paying the National Insurance component (I hasten, for the moment!) .... Soooo .... one could then say, that the NHS could be seen as free .... Yet! .... Is it??
I pick up on a point made, that if a medical intervention would be required when residing in the Philippines, that one could fly back to Blighty ... Obviously dependent on the severity of need at the time .... Not so smart a strategy if one were to experience cardio, stroke issues.
Therefore .... surely Medical Insurance definately requires Factoring in on ones monthly expenditure.聽 Obviously, I guess for those on a very basic pension income, or falls on hard times, that Health Insurance may not be sustainable.
So, so much to take into account eh.
Anyways folks, I will close for the time being
Vee52 ..... ;-)
Not to hijack this discussion but would like to have bit more clarity on the housing and school expense in Manila. I will聽 be arriving in Manila and plan to reside around Mandalayung area with a budget of 30K for housing and 20-30K for kids education. I was surprised to note that it is possible to manage within 18K for housing for 4pax. I would appreciate聽 if you can please share the below information
Which area are you located?
How is the quality of teaching and the quality of education in private schools in Manila? Specifically I'm looking at La Salle Greenhill,Poveda and Aguinaldo.
Having been in California for so long (26 years) it's hard to image one can live off $1200.00 a month in Philippines. The wife and I have been planning our move for about 20 years.
Looking forward to meeting some of you once we get there.
Peter
Dental expenses however, in Australia, are not free, unless as a pensioner you are prepared to wait for 2 years to get anything other than emergency treatment done.
Dental work in Philippines is a miniscule amount compared to Australia or USA.
Sorry about your wife. That happen to me once. Got a great one now. I have to admit its nice to live in a place where money is one less problem that you have.
Philippines is cheaper but never go broke living there! For me living there, it's the ability to help people not cripple them that I love. We try to do the same thing here. God has blessed us to be a blessing!
so the rest of us think.FM. what do you need 2.5 times for?????????
聽 )My wife parents raised the family correct. When her mother was alive, I thanked her for the values she placed in her daughter. I was married to a filipina before for 6 years. Brought her from Philippines. She was a big mistake. She Left me for another. But you know what, I kind of knew she was going to. But, I let her beauty override my gut feeling.
This time around I took my time to know the person. I sought God's council. Got a good thing. We are returning both back to the Philippines to live. My point we should do our due diligence to check out the girl.
Back to my question about the cost to live in the Philippines for 5K. I see it is possible. I will do my best to not be a broke expat in the Philippines. I know there is no safety net there for us. Long gone are my days of drinking and chasing young girls. To grow old with the same woman is a real treat. Because you both go through so many things together. The good, bad and the ugly. Because my wife have stayed with me through all of this. I want to treat her with whatever I have and posses.
Just to inform you that some off topic posts have been removed from this discussion.
Thanks
笔谤颈蝉肠颈濒濒补听

I think the moderator is correct
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