If you were to jack in life in the UK and move to the Philippines, assuming you already had a house there, how much would you need per month to live on?
If you were to jack in life in the UK and move to the Philippines, assuming you already had a house there, how much would you need per month to live on?
Not being extravagant, I reckon that the normal state pension would be more than ample for a comfortable living.Originally Posted by Gavanddal
400/500pm for 2 people i think to live well
for comfortable life w/ cars including gaz i spent 25 thousand per month,specific amount not include if u buy things unexpected huh,one day food nearly one thousand oppsss but if u stay in province well a bit less expensive,i guess sir al opsss daphne will answer u as he live in Dumaguete w/ hannah...another story if u want housemaid to wash the cloth clean the house
Bit of a lazy question really.how much would you need per month to live on?
So many answers based on different needs and wants I suppose.
Some need Php 20,000 PM while others need PHP50,000..
There are those that wouldn`t consider a budget of less than P100,000 PM. Lots of Filipino families living on less than P10,000 a month and some on less than P5,000 PM.
If you find an average somewhere between 5.000 and 100,000 you might find a figure that is doable..Then again maybe not.
Hope that makes sense.
Depends on where you want to live, what kind of lifestyle you want, if you want to visit other parts of Asia whilst living there, Thailand, Cambodia, Vietnam, Singapore, China, Malaysia, Tibet etc are all much more accessible than before so as Fred said you need to give us some specific pointers on how you want to live, for example, to book a dive master for a days diving in Palawan costs me as much as I pay for both of our live in staff.
The fuel bill for the diesel Pajero can be more than our shopping bill for the month if we take a drive down to the south or up to the north of the Island and one tyre at 6000 pesos is again more than one months wages for both staff.
Live your life for a reason and don't worry be happy
if you don't know where you are going then any road will do!!
how much beer do you drinK? How many maids will you have, will you eat out everynight, go to the discos, shoot to Manila once a week? Cable, Internet?
Or live in a Nipa hu on the beach in Negros?
A wide variety of lifstyles are possible.
No different than living in my house then.....the dishes daily are dried fish and soy sauce on the table
Keith - Administrator
No different than living in my house thenu sure u let miss ping to eat dried fish hahaha
not for long it wouldn't, you would need a private one to, or like i intend to do, send the misses out to work
"at present the UK State Pension is only uprated where there is a legal obligation – for instance, where UK pensioners are living in the European Economic Area – and in certain other countries where there is a reciprocal arrangement in place, these include Israel, Turkey and the USA.
Our approach is a long standing one that has been shared between different governments, that is that the social security system is designed primarily for people living in the UK. Current estimates show that it would cost around £420 million a year to fully unfreeze the State Pensions to bring all pensioners living abroad up to the level with those living in the UK. This cost would also be higher in the future under our proposals to up-rate the basic pension in line with average earnings growth in the UK. This issue was debated during the Commons Committee stage of the Bill and there are no plans to change this policy"
http://www.dwp.gov.uk/pensionsreform...19/an-apology/
I did read on another website, that you could retire at the present time on £100,000?... This is if you invest it & live off the interest.
Think it was supposed to give you, a reasonable lifestyle. Like others have said though, peoples ideas of reasonable are different.
Please don't quote me on this, as it was just something I read. Thought it might just be worth throwing in though.
Sadly I don't have £100,000...yet...not for a very long yet
100,000 quid should produce PHP44,000 a month tax free at todays sorry exchange rates..
i'm still counting on the misses getting a good job, but thats gonna be many years yet,,
I have spoken to many expat's who live in country all year round, a good friend of mine John from Bacolod City, says you need about P1500 per day to live on, thats about P45,000 a month.
John told me this pays for his house, 2 maids, he also runs a Kia Sportage around, and has a driver/bodyguard, and he eats out about once per day.
Some of you are right in your assertions that it really depends on what you want to do from one day to the next.
If you think about it, £1000.00 at the current exchange rate today of 80.50 would give you somewhere in the region of P80,000 a month, you should be able to live a comfortable lifestyle on that sort of money.
I also have consulted many long term residents in the Philippines who are also expats, they say, if you can learn to eat the local food, you stand a good chance of cutting down your budget.
For example: if you can develop a taste for fish, rice, and soy sauce, vinegar etc, and simple Filipino food, naturally your budgetary requirements move down quite considerably.
However, would you be able to do that ? I always put my hands up and am very truthful about the style of life I have when in country.
Do any of us really understand what it is like to live on a bottom line budget, chances are..all of us here at this forum do not.
Watch how the Filipino family lives, you will be very surprised how they save money on the most amazing things, for example, in our house in the provinces, we have a lovely American style fridge freezer, very nice you may all say, of course it looks nice, it dispenses lovely cold water and juice, makes ice, the problem is, its so expensive to use on electricity, that the moment my back is turned the fridge gets turned off by the caretaker.
Its not that the caretaker thinks that I cannot afford to run this electricity guzzling kano fridge !
Its just that, she thinks it costs too much to run, quite simply, her Filipino cultural cost saving measures kick in, then of course we have a nice water cooler, quite frankly, every time I turn my back, that also, gets switched off, the cost savings measures of Filipinos tend to kick in.
Also, with air conditioning which i like to run, it costs P6000 everytime I have it on for 3 weeks, again, the minute I walk out of aroom the aircon is switched off.
Costs are very imporant in determining what sort of lifestyle you will need when you arrive, doing some research into what others spend against what you think you will need is also important, especially if you will be on a fixed budget.
Pete_Forum Moderator
Philippines marriage, Courtships, UK Entry Clearance
Thats alright Joe..Dont worry..I`ll put you up..
You can do all my painting.
Pete..If you think about it, £1000.00 at the current exchange rate today of 80.50 would give you somewhere in the region of P80,000 a month, you should be able to live a comfortable lifestyle on that sort of money.
Please forgive me as I cannot understand how you come to the figure of PHP80,000 a month..?
The guy has an imaginary figure of 100,000 Pounds to invest.
What interest rate are you using to get that kind of monthly return tax free?
Im not saying its impossible BTW.
Im afraid you have an exception here Pete. I did this here for almost 3 years. Im not proud of it..But there you are.
Do any of us really understand what it is like to live on a bottom line budget, chances are..all of us here at this forum do not.
As long as it had broadband, I'd live in this....
Keith - Administrator
Is that a deal then?As long as it had broadband, I'd live in this....
Does it have a fitted kitchen & jacuzzi?
Keith - Administrator
my honest answer would be 30,000pm in the province...80,000 in manila....200,000 in ayala alabang (2-3rooms)
Yes.
Well,Kind of.
Some of us would find it hard to live on 80k pm. Bootiful eh
well i've had good and bad paid jobs, good ones, where i managed to save £1,000 a month, straight to a pep for many years and that was 7years ago. and i ,know whats it like living on a bottom line budget, not a nice place to be, but you learn you don't need designer this or that, in the end you don't need most of the Luxuries you buy and waste money on. as long as you've got your health, your family and i agree with scouser keith
, broadband, i don't need much else. i can budget better than the misses, and probably most women
, so i pay all the bills and with 3 kids, and 2 to support in the philippines, i need to look after the pennies, but i need a better paid job thou
as for 80k a month, that would do me, no probs ..
Thats it!! Get it out of your system Joe!! Better out than in mate!
Joe...you dont really know what it is like to live on less than $2.00 a day mate come on....
Pete_Forum Moderator
Philippines marriage, Courtships, UK Entry Clearance
what ever happened to womens weekly use to get all me money saving tips from there...
let it out, what ya drinking fredmaybe i should
$2 a day, i don't get paid dollars, maybe euros one day, have you any idea what its like for many in the uk
to many on here that $16 might as well be $2, not much difference
i know there are many people better off than me, but also many worse off ..
Pete..You would be surprised how little you could live on If the worst came to the worst..Joe...you dont really know what it is like to live on less than $2.00 a day mate come on....
I just had a bowl of rice and a plate of gabby leaves 10 mins ago with a little patis calamansi on the side..
Brought back some memories!
yes well fine but thank goodness we all do not have to live on just that.
Pete_Forum Moderator
Philippines marriage, Courtships, UK Entry Clearance
Pete..Nothing wrong with eating fresh vegetables cooked in freshly squeezed coconut milk served with steaming 1st class rice!
If you learn to eat local food you are half way there...
Nothing to do with money or bacon sarnies.
Kentucky bucket for me everyday in the Phil.....I live like the American locals
Keith - Administrator
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