Finally, a lovely couple talking about life in the Philippines. So sick of the guys talking about how to get a woman and the bars ect. They need to grow up
Me and my wife just retired couple years ago. We don’t own any mortgage any more and due to high cost of living in California our monthly expenses is somewhere around $2700 a month. We would love to retire in the Philippines but our children are aware of our health issues but we get to visit the Philippines each year. We spent 4 months there a year ago.
I'm moving there in 3 weeks and I have a budget of 75k monthly and about $11k savings. I am not coming to meet a woman. I hope it happens, but not in a hurry. I usually stay home and don't go to bars and eat mostly at home. I think I will be ok.
Do not live in dumaguete that income will not last there you need to move out into the provinces the further up the mountain the cheaper it is it will be tough on 75k a month keep the 11k in bank for medical
If I had that amount and was living according to what you say I would not have a problem living here... The only question might be as If you have a lot of debt... If you do not have any debt personally I would be quite happy with that amount myself... If living simply , a simple lifestyle.
I’m gunna try live off 600usd a month outside of Puerto Princessa, hopefully find cheap land an hour or two north, make the trip every two weeks to fill up my cold storage bin and live out at my own property. Hopefully I can do it lol
Konting aral pa sa accounting, girl para sa mas effective na pagba-budget.. For example, credit card payments are not expenses. Items or services spent using credit cards are "expenses". Also, set up a budget for emergency funds. If in a month, funds were not used up, roll the exxcess over to the next month. If it went over, plan to reduce spending for the next month.
Having been stationed at AMERICA 🇺🇸 base Clark Air Base Philippines 🇵🇭 back in 1991.. I have wanted to return and retire in the Philippines 🇵🇭. I am a widower, wife passed away in 2016.I have (4) adult children and (5) grandchildren. I am currently age 61. Next year in 2025,I will be eligible to retire. I know it is best to have a retirement income in the Philippines 🇵🇭. I plan to move to CEBU City, Philippines 🇵🇭. I do not drink alcohol or smoke cigarettes. Thank you for your budget information 😊
Thanks for the video, my monthly budget is $1500 and I live in Tunasan, Muntinlupa City by south of Manila plus don't rely living pension to pension, you need extra savings and emergency funds. I'm very happy enough not paying any mortgage or rent. I know 5 farangs living there and all military veterans.
Hello 👋 guys. I just became a new subscriber to your channel. Great 👍 video on budgeting in the Philippines. Thank you and keep up the great work. God Bless !!!
A local Filipino can't afford most of the expenses in the Philippines, foreigners can afford it of course. Your budget don't make sense, compared to a local Filipino income.
I assume you are retired or retiring soon. You can arrange your govt pensions ( cpp or qpp and oas) deposited straight to your Philippines bank account. Keep your Canadian checking account for your company pension, rrsp, and other non govt pension. Came from winnipeg myself
I use Remitly to transfer money overseas (many countries). Remitly charge your credit card, Mastercard in my case. I then pay off my Mastercard through my BMO online banking. I opened a bank account in VietNam and that's how I got my travel funds without bringing more than 3000 CDN in cash when going through customs. I don't know the regulation for a foreigner to open a bank account in the Philippines however, you need to check that out.. Beware that your OAS will be cut off if you stay abroad longer than 6 months. Your CCP will not be affected.
Finally, a lovely couple talking about life in the Philippines. So sick of the guys talking about how to get a woman and the bars ect. They need to grow up
@@tyionallen6357 thank you for your kind words. For all our channels you can watch at our website: Beautifulbabylove.com
Me and my wife just retired couple years ago. We don’t own any mortgage any more and due to high cost of living in California our monthly expenses is somewhere around $2700 a month. We would love to retire in the Philippines but our children are aware of our health issues but we get to visit the Philippines each year. We spent 4 months there a year ago.
I'm moving there in 3 weeks and I have a budget of 75k monthly and about $11k savings. I am not coming to meet a woman. I hope it happens, but not in a hurry. I usually stay home and don't go to bars and eat mostly at home. I think I will be ok.
Do not live in dumaguete that income will not last there you need to move out into the provinces the further up the mountain the cheaper it is it will be tough on 75k a month keep the 11k in bank for medical
If I had that amount and was living according to what you say I would not have a problem living here... The only question might be as If you have a lot of debt... If you do not have any debt personally I would be quite happy with that amount myself... If living simply , a simple lifestyle.
@@TheCostOfLiving- I have no debt.
I’m gunna try live off 600usd a month outside of Puerto Princessa, hopefully find cheap land an hour or two north, make the trip every two weeks to fill up my cold storage bin and live out at my own property. Hopefully I can do it lol
How's it working out? 💪🏾
Konting aral pa sa accounting, girl para sa mas effective na pagba-budget.. For example, credit card payments are not expenses. Items or services spent using credit cards are "expenses". Also, set up a budget for emergency funds. If in a month, funds were not used up, roll the exxcess over to the next month. If it went over, plan to reduce spending for the next month.
That's a lot of money for allowances. Kids in USA don't get that much
100-120k + a healthy savings account is a reasonable aim
👍
Looks like a good budget. Seems about the same way I would live. Going just north of Iligan city in October 😊
46,500.00 PH - $809.00 U$ that’s pretty cheap. ❤️😎
Agree 👍
My wife is the same way! I love her to death, best thing I could have ever done, marrying a Filipina woman.
Amen 🌟
Having been stationed at AMERICA 🇺🇸 base Clark Air Base Philippines 🇵🇭 back in 1991.. I have wanted to return and retire in the Philippines 🇵🇭. I am a widower, wife passed away in 2016.I have (4) adult children and (5) grandchildren. I am currently age 61. Next year in 2025,I will be eligible to retire. I know it is best to have a retirement income in the Philippines 🇵🇭. I plan to move to CEBU City, Philippines 🇵🇭. I do not drink alcohol or smoke cigarettes. Thank you for your budget information 😊
Thank you for commenting 👍
Thanks for the video, my monthly budget is $1500 and I live in Tunasan, Muntinlupa City by south of Manila plus don't rely living pension to pension, you need extra savings and emergency funds. I'm very happy enough not paying any mortgage or rent. I know 5 farangs living there and all military veterans.
Maybe paying the rent of her extending family.Its a big burden to shoulder all there expenses
Maybe miscellaneous/groceries for 15k. You’re budget could be around 70k that include everything.
Hello 👋 guys.
I just became a new subscriber to your channel.
Great 👍 video on budgeting in the Philippines.
Thank you and keep up the great work.
God Bless !!!
Thank you
A local Filipino can't afford most of the expenses in the Philippines, foreigners can afford it of course. Your budget don't make sense, compared to a local Filipino income.
We were just giving our experience
Nice video! I just came across your channel. May I ask where you live in the Philippines? Your rent seems very affordable. Thank you.
We're in Valencia city area Mindanao
Rent is aprox $115 usd
@@TheCostOfLiving- thank you.
I also just come across your channel,your budget missing groceries and eating out.
We're in the area of Valencia city in Mindanao
Great video, How did you do your transfer of funds from Canada . I'm in Winnipeg and soon to be in the Philippines'
Mainly simplii financial global transfers ( into Filipinas Bank, ) but sometimes the wise app. 👍
Here is a howto for you ua-cam.com/video/B19UBx1TgJg/v-deo.htmlsi=mc4WOjjKTvkzphWG
I assume you are retired or retiring soon. You can arrange your govt pensions ( cpp or qpp and oas) deposited straight to your Philippines bank account. Keep your Canadian checking account for your company pension, rrsp, and other non govt pension. Came from winnipeg myself
I use Remitly to transfer money overseas (many countries). Remitly charge your credit card, Mastercard in my case. I then pay off my Mastercard through my BMO online banking. I opened a bank account in VietNam and that's how I got my travel funds without bringing more than 3000 CDN in cash when going through customs. I don't know the regulation for a foreigner to open a bank account in the Philippines however, you need to check that out..
Beware that your OAS will be cut off if you stay abroad longer than 6 months. Your CCP will not be affected.
What area this place
Areas of Malaybalay, Valencia, Maramag in Bukidnon Mindanao
You guys are cute together
@@roberthill4239 thank you for your kind words
Where in the Philippines are you guys. Just want know how to reference the cost of living vased on location.
We're in Valencia city / Malaybalay area, MIndanao
Which city of Philippines you live in this vedio please ?
We are around the around the maramag, maylaybalay , Valencia city areas.
@FilipinaAndTheForeigner OK thank you I saw some videos of Valencia not far from dumagutte so both are I think different Valencia too ?
Yes 👍 @@VirendraPatel-l8f
@P5000 monthly allowance a month for a kid, that's a lot of money. Hope he does not acquire bad habits & grow up a spoiled brat.
He's in later high-school, not alot of money
Why do you have 2 units? You don’t live together? Don’t tell me you guys are paying for somebody else? That is your downfall!
You really should watch all our videos. Why is paying for someone else our downfall?
Just don't marry her
Way to much