I know that sounds quite high purple, but I just based that on the assumption that some careful budgeting needs to include funding for healthcare, emergency, visa renewals, travel etc. Also that electricity cost more than UK, internet etc.Originally Posted by purple
Also it's important to think about pension funds. Although I don't know the age of Steed, it is certainly something to think about.
I certainly agree, it IS possible to live very cheaply in Phils, but without an income stream it's not sustainable to keep living on savings. The income stream needs to be used for many things not just day-to-day living.
I have seen quite a few Brits out in Phils who did not budget for the future and are now in quite a distressing life.
Wouldn't wish that on anyone.
Have to say that my wife and her family can survive on dried fish and rice. I prefer not do that.
It's a great place to live (for me) but adjustments need to be made.
Personally I would not feel secure or happy to live in Phils anything less than P50,000
per month to budget with for the rest of my days.
