LOLyes Fred your right!
Please think about where you are going to keep your money as you will not be able to open a bank account here.
And my number one rule is trust no one here!
Please take it from someone who has been here and got a very worn t shirt! 200 pounds a month is ok if you are only going to eat pure Filipino food, it wont last if you want to use "Shakeys"- Pizza place or KFC because the money just wont last, cola is 35 pesos a bottle and you will drink loads here because of the weather.
Water is 40 pesos for a container etc etc.
Please also look at Empott,s situation i know exactly how they feel, i am thinking of returning too as its very difficult to start a good business here without big capital, i.e 500000-1000000 pesos.
Tim and Judith