Ill be traveling to the Philippines this month (September), and will be staying 3 months, i been in communication with a filipina i plan to meet with, and if things go well we will start a relationship. Im interested in marriage, so will see how we vibe together. Weve talked in length about what we want in life. My perception is that shes willing to move here to Alaska with me and work with me at my job. I earn good income, and if she becomes my wife and works with me, our income combined would place us in upper middle class, able to have the American dream with no stress. I feel its important that i present myself as someone who is tight with money, ive never been a big spender ( unless its video games or anime related products) to see how she reacts when or if i tell her "no". But i think spending 3 months living together will give me an idea how she will view me if she thinks im totally broke all the time. Will it be love or am i just a means to a way out. Thankfully she has a job, earns her own money, lives alone, i havent given any nor has she asked for anything in the 5 months weve been in communication. So fingers cross for me.
Your best bet is to marry a nice devoutly Catholic Filipina girl. They're much better than American women which all they know is how to order in restaurants and spend a man's money. Gordon Liu said so himself in Kill Bill Vol 2. It's gospel 😄
In my experience if she hasn't asked for anything in 5 months she is definitely not after your money. I hope it all works for you. May God bless you with a great family. I just hope you are a good guy and will tend to her needs especially if she marries you and stays with you in Alaska. I know people with NPD...
Thanks for this video. I almost skipped it as I have been to the Philippines and have stayed in a home no bigger than my living room and no running water except if someone is hand pumping it... You did help provide me a little more knowledge and insight and I appreciate it. I often say the person on welfare here in the USA has it much better than many in the Philippines because almost everyone here has first indoor plumbing with running water and an automatic washing machine not to mention ample food... But yes, I do know many including members of my family that claim they are going without food to pay car payment and house payment, but will take several vacations a year but cry because of the need to buy a tire or pay property taxes... Thanks again for taking the time to make this video and I thinking of sharing this with a Facebook friend in the Manila area that says Americans are rich...
I am fed up with what is going on in the US, I want to move back to AK. Lived in the bush for 20 yrs. But my Filipina wife do not want to live that kind of life. I have gotten to hate the PI. after 9 yrs. I am tired of them thinking I am rich, Filipinos come to me of some crisis after another. I am looking at Borneo Malaysia. Much cleaner and more quiet
Love the Philippines 🇵🇭 i met a women online we had chemistry. I noticed alot her friends were trying to flirt with me saying to my woman how 🤔 you get this rich foreigner not knowing it took me almost 4months to save plus get the vacation time😅 they dont have a clue most Americans are struggling. Great video ❤
@jamesgilbert2181 been together 4years can't paint all fillipino women scammers who need money. The women your posted with I'm sure she not with you because of your good looks and intelligents you have to have some resources as well wake up lol.
A very level headed , rational, balanced and well thought out vlog. This gal has good communication skills and a matter of fact personality. I will watch her more often
I been to the Philippines few times and alot of people in Philippines think im rich im from Puerto Rico they dont understand how i save up for a trip which take me years
@@jamesgilbert2181Is it possible that some actually could (save money) since they work and get paid regularly? My point with this is that even if Filipinos get sufficient money, would they be able to put any away for savings? I believe that most won’t. All it takes is a birthday and there goes the savings … jussayin’
I worked as an OFW for more than half of my Life and Working like a Dog Abroad so I can afford to send my for Kids to a Good School from Elem. To Univ. then I build my Tiny House slowly until it was good enough to and suitable to live with my Family and I was able to bought a Cheap Car good enough for us to have our own ride when we Go out once in a while with my Family, thanks God I don’t have tp pay any Mortgage to the Bank to own a House unlike People in the West. Thank You Lord for all the Blessings you blessed on me and to my whole Family!🙏🙏🙏🙏🙏
Married to a Filipina for 26 years, and I can confirm what you said. In addition, Filipinos who live abroad and come home make things worse. My wife saves money and then spends it all (plus some). She spoils her family and extended family, taking them to places to see things that they themselves have not seen in their own country! When you also factor in that her phone number is on speed dial, whenever there's a problem or medical emergency. She's also put more than I can count through college! This makes everyone, including her family, think she's rich! I don't think she's showing off, but secretly, I think it makes her feel good that they appreciate and look up to her! My only concern is that they are overly dependent on her and don't strive to be self-sufficient as they really should. 😢😢
@@watchchimp3102 I like your comment. You are talking about the tax by extended family. Still, I do think family based socialism is better every day over government based socialism. The family based socialism is difficult to manage as some of it seems justified.
@@jonnelson9760 A monarchy means someone, not two adults of the family is in charge. Family based socialism is where the bread earner distributes the bread for the family to eat. If the breadwinner does the distribution. If not, he may just be the sucker at the card table, and the reason so many men have had enough of marriage.
Maybe lack of education, or foreigners, themselves, acting like they're 'rich' and overspending on a holiday. I notice a lot of foreigners, who are relatively poor in their own country, like to flaunt money when they come here on vacation. Living and thriving here is a whole different ballgame. Whatever your budget is, big or small, you have to manage it wisely, and not allow your gf or wife to push you to overspend. A weak man will not fare well in the Philippines, and will likely fall into financial trouble.
The average American isn’t rich, but sadly, the average Filipino is so poor that we look rich to them. But if you consider inflation and cost of living here in America, a lot of the average Americans are struggling now days. When it comes to foreigners who travel to the Philippines, I can understand why some Filipinos think they are rich. I mean, if we can afford $800 to $1,100 plane ticket then we must be rich. But this isn’t always the case. In fact, a lot of us are thinking “ OK, The cost of the ticket sucks, but once I get over there Hotels, taxi, food, Activities, domestic flights in the Philippines are all very inexpensive compared to our home country.” I would love to be able to travel within America, visit Singapore, South Korea, Japan, Australia, New Zealand, and a couple places in Europe, but when you combine the plane ticket plus all of your costs inside of those countries, it’s too expensive for a lot of us. Another thing to consider is the reason why many Americans retire in the Philippines it’s because it’s way too expensive to retire in their home country, especially if you are only living on Social Security. But here is the real issue. In America in other western countries we are very blessed to have a lot of opportunity to become wealthy. Even if we are born into poverty, if we save and invest our money in the right way, then we can become wealthy overtime. Sadly there aren’t as many opportunities in the Philippines. For example, as far as I know, there aren’t a lot of things in the Philippines like 401(k) savings plans, S&P 500 index funds, mutual funds, these kinds of accounts that here in America we can use to grow our money year after year with compound interest and then retire wealthy. if these kinds of things do exist in the Philippines, they’re very few and far between, maybe only the best jobs or some government jobs? By the way, my first trip to another country was when I was 19 years old and worked at Walmart making $7.25 an hour. I had to save my money for 18 months and traveled to Thailand. Since then I’ve visited the Philippines 4 times and each time saved up for at least a year. This is what many people do. If all of us were rich we wouldn’t have to save up that long.
In America if you earn $2000 per month you are poor a hell and miserable, but in the Philippines that same $2000 per month can give you a very happy life!
I agree with everything you’ve said. I’ve spent a lot of time in makati and the province of Aurora. An important point imo, is that as a foreigner I became financially comfortable because I dreamed big and worked hard against many obstacles. It seem most Philipinos believe it was a gift (blessing) resulting from being horn in America. I worked 12-14 hours a day since teenage year without ever taking a break between jobs. That would be very unusual for Philipinos.
It's because they focus on the currency without taking into factor the cost of living. In their eyes $1 US dollar = $56 Peso. In reality the older man they met may only be getting Social Security income of $2500. In the US that person is most likely struggling financially. The Filipina wife when she gets to the USA will eventually will be the main bread winner working hours just to stay afloat.
Most people on earth would not consider themselves rich. A better question is way the Philippines is so poor. The poverty in the Philippines is quite disturbing.
Exactly...we have to work 2 jobs in the USA just to pay bills and survive... everything is soooo expensive,and as you mentioned almost everything we have it's on credit and it will take years to get it paid... thanks so much for sharing ❤
@@laura3619 Who are "we"? I have never worked two jobs at the same time in my life in America, nor have I ever known my co-workers to do so. Also, the only debt I ever carried was my mortgage. If I use a credit card it is just for the cashback. I pay off the outstanding balances literally each week. I feel that most people who are just "surviving" are doing so because they WANT more than they NEED.
Poverty is the default state of humanity. Human beings have been poor for nearly all of their existence. Some groups of people have never known wealth. Filipinos, Indians, etc are far more successful _outside_ of their countries than they are in their own countries and lots even more successful than natives of the rich country they move to. Morals, values, behaviors etc are the things that need to be studied.
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This is a cogent explanation of the many factors contributing to the common perception in the Philippines that money grows on trees in foreign lands. Thanks for enumerating all those fine points!
Love the way you approach the topics you present. I agree that perception is a huge factor. However, as you know, more money does not necessarily equate to happiness or satisfaction within that life. I see MANY (rich to the average Filipino) people who are miserable in their present circumstances being caught up in the materialistic lifestyle or just trying to keep up with their bills. Filipinos seem happier by comparison and more adaptable to changing circumstances. Great video!
That is right, we, two live comfortably in Cebu with 80K a month. We could live reasonably for half that. But we cannot afford to live back in the US at our old age. We are trapped in Cebu but I at least escaped from America.
hello, im From northern Europe , and i can acknowledge what is being said in this video. i am comming to Pinas myself in 2025, to meet a woman i have been talking to for some time now. money is just an elusion but is nessesary to have to live. but how you use them is important for your future. it is correct that so many peoble safe up their money bc they want to travel and see the world , some have more problems to safe up than others, myself this is my forst holliday ever. since i started to work when i was 12, i have never bee out of country for holliday before . thank you for your videos , it really say alot of things that most peaoble never think about. thank you.
Dont know if it was mentioned, but Philippine ppl need to understand that generally, the vast majority of poor Americans arent doing international travel, especially to some far flung pacific islands. So, the ppl that do come here are not poor from their own country (USA, et. al). Combine that with the huge difference in median per capita incomes of the two...then it becomes crystal clear why the stereotype exists.
You have produced a very good video. Those people who have not visited other countries do not realize that there are poor areas in every country. This being said I am moving the Philippines next year. I have friends who have been there for several years now and are doing well physically and even more so mentally. They have been able to go back to the simple way of life we grew up in. Thank you for the video.
The cultures are so different. My wife is from the Philippines 🇵🇭. I love the Philippines. It’s amazing how simple and happy people are in the Philippines. They love their simple life so much and again cultural norms seem to be that’s ok. In America we are crazy about making money to live. I believe our priorities are out of alignment. My question to you is in what ways could an American help teach a Filipino to fish for themselves? Is it possible? What things could we do to practically help them financially rather than just giving them money? You’re smart and I welcome your ideas on the matter.
Most pinoy get there eld eldest daughter go to work and SUPPORT the rest of the family (this is there culture ) tell me if I'm wrong that's why they don't get ahead
Filipinos are a very jealous people. Any filipino that tries to get ahead will find themselves a target for attacks in some form by their community at large. This is one of many contributing factors that keep filipinos poor.
My fiance has her USA visa now and will be here soon, she worked as a midwife in a hospital for 20 years only 21 000 pesos a month about 367. Dollars, she put her 2 sons through college by herself and built up some debt. She is a wonderful person and I am grateful to be able to help her ❤️
i live in cabuyao Laguna .our house is a small cast concrete home there are only three models to choose from. so i live the same as some or even a little less than some most own cars i dont not that i cant afford i just wont drive here.the people i know here dont think im rich. but they do relies i have more money in there mind im just middle class here
Thank you, I'm learning your culture because I'm moving here in October, from Mexico that are close in cultural beliefs. English is why I'm moving and beauty is everywhere.....
My Philipina came over here to work in the West, and we met here and have been going steady for a couple years. So she has a very realistic outlook towards how life is over here. I visited her family in the Philippines over the summer and experienced this phenomenon first hand. It's a bit of a sensitive subject, but at least nobody looked openly offended when we talked about it. From my perspective it was always a local who started the discussion about this, and then if things looked bad my fallback answer was that I gave all my pesos to the missus haha. But realistically talking, we spent a lot of time drinking and partying there over a month-long visit. I was prepared to fork over a lot more money than we spent in that month. All of the expenses together, including shopping and what not, summed up to be not too far from what we'd spend living here in the West in a regular month. So in that sense it was a lost opportunity, since we should have spent a lot more to buy all of the cheap stuff available. Something to look forward to for the next visit, I guess.
10:40 - the Balikbayan box, that's a whole video on its own! Over the years I have witnessed a few of these boxes being prepared, filled with brands and products that are already available in the Philippines. "Wouldn't it be more cost-effective to just send them the money?" Yet in the Philippines it's the thought that counts. In North America there is an efficient logistics network that supports the supply and delivery of these Balikbayan boxes.
well yet see. mid day mid week my local mall is more than 1/2 full. with the restaurants about the same. where do they get the money? As an American that lived Rual in the US I see a lot of Filipinos as rich by are stranded. in the US most working age people are working 40+ hrs a week. No way are they in a mall mid day mid week, bills to pay
One big difference is when a filipino buys a house the value goes up very little in 10 years. In america if you stay in your home 10 years the equity in their home will be substantial, if they keep the house updated and nice, and of course location is huge.
A big difference is a filipino with a regular average income can slowly build a solid concrete house over an extended period of time for the family but will probably never get an occupancy certificate for it (but will live in it) and so its worth on the resale market is a lot less... and the extended family all fight each other over it when the owner dies.
@@rob3539 the family fighting over the property is an age old problem in both the us and Philippines. My Filipina’s family are all fighting over this dump of a house and actually my wife should be next in line, and i told her don’t say a word and let them fight it out. The place should be condemned and it would be a headache for us to own. Fortunately, my wife agrees, and she just smiles and says nothing when they are all talking behind each others back. Truthfully, if I owned that place i would tear it down and rebuild. Im not about to go through that in the Philippines; too much bribe money that would have to be paid out.
Wealth and poverty Is a matter of individual "subjective perception" based on individual "metrics"...... usually based on possible CONSUMPTION and lifestyle. I agree with the Narrator, its all a matter of perception !!!!!
I would love to visit there one day to explore the outdoors.... Watching the wildlife,nature,etc... I don't much care for the city life of other countries.
Many people are confused about exchange rates. The fact that there are 50 pesos to the dollar doesn't mean you can buy 50 times as much here with the dame money. The peso is just a smaller unit of money. Just like, there are about 3 feet to the meter. That doesn't mean everything here is 1/3 the size! Sure, for $1 I can get 50 pesos. But a loaf of bread here costs like 100 pesos. So with $2 I can buy one loaf of bread in america, or I could convert it to 100 pesos and buy one loaf of bread here.
The way to determine relative wealth is what % of an average days pay does the loaf of bread cost. In a poor country nearly all goes on food and education costs for their kids (if they are that lucky).
Don't confuse yourself and others. First, a loaf of bread is actually around 60 pesos, yes I've been. I can fill the cart at around 1000 pesos. So around 20 dollars US you can spend enough for a week of groceries.
During 10 years in the US, my wife learned that life in the US was working a good part of the week and nothing more weekend was shopping, laundry, house cleaning and the occasional sociali evening. Save money for a 2 week vacation in the Philippines. She realized how hard life was. She learned the value.of money. Now her sister is working there as a teacher with her family with the intent of saving money. Within a year they turned into the American family who is in debt up to their ears to have the “nice things” and the “nice lifestyle “. After 5 years there, I fear they will return with nothing to show for it.
I wish that American made still meant what it meant 30 years ago. It no longer represents the pinnacle of quality that it once did. America now has a much more disposable mindset, and unfortunately, it permeates everything we do. Though I will say, that after arriving here in the Philippines, I have come to realize that goods I considered junk in America, would be first class products here. There are all sort of products sold here, whose quality is so low, that you would struggle to find anyone to buy them in the US (assuming they would be legal to sell at all with the lack of safety some of these items have), and these products proliferate everywhere here. I've also seen many items that are sold as singles, which we in America would only buy in a box with multiple units, where someone has bought the original box, and is now selling it off piece meal. All of this is because the market here simply can't support anything beyond this. It is possible to find actual quality here, but most of the time it's really only the illusion of quality, and you're mostly going to find it the malls, surprisingly enough. Basically everything on Shopee is junk.
@@conservativefilipina So being in the PH you probably can get Nike shoes for a fraction of the cost? I have traveled there twice now. My soon to be wife lives in Manila. I've been to several malls SM but haven't shopped for sport shoes. Manila is more expensive to shop overall.
Many Foreigners are rich compared to most filipinos because of the exchange rate. If the filipino govt was to offer more opportunities to foreigners to own land, the country would be more developed. However, I do support placing restrictions/limits on the ownership of land by foreigners.
The difference is the you can buy land in our county, we allow that. It helps an economy to have opportunity for people. This is solvable, have your government pick a country that’s economy is successful and copy the model. Free enterprise in open markets work pretty well. Malaysia, Indonesia and Vietnam examples.
Good information. Unfortunately some of our kababayan is not well informed about culture and socio economic knowledge of other countries. I think most of us think like that when we were young and i was one of them 😂😂. It's ok no problem with that. Very informative video.
They are not worldly people, but that's why we love them. They have their own ideas and aren't familiar with the rest of the world. I think if Filipinos understood how corrupt their political and legal system is compared to other countries, they would riot.
A solid financial education is key to lead a fully enjoyable life. Rule No.1 Respect money (currency) and be indifferent towards it! Rule No.2 Divine assets and liabilities properly! Rule No. 3 Go travel, get perspective and get that dream life. Rule No. 4 Don't consume mainstream garbage. Rule No. 5 Show me your friends and I'll show you your future! Oh yeas, you MUST budget and track everything down to the last cent or pence. Good DEBT can make you wealthy - Bad DEBT can make you totally BROKE!
I take exception to your comment that some of our wealth is illusory. I own my home in Dallas and a small ranch 100 miles away. I own 3 out of 4 of my cars, including a Mercedes and a Lexus but the most expensive thing I drive is a tractor at my ranch. Because of the toxic political climate in the U.S., I plan to retire in 1.5 years, sell the house in Dallas and move to the Philippines and buy a big sailboat and start a charter business. I'll have $3,600/mo in SS and expect to live comfortably within that income - everything else is a bonus. I say all of that to say this, my wealth may be modest buts it's real - no credit. And I believe I'll be happy in the PI and actually create jobs for others.
I am Australian, and am recovering from a total left knee replacement. Half the staff and nurses were Filipino. They should be in YOUR country, not mine... I am ever so grateful for their good care.
Yea that 50:1 exchange is a big factor. And 60-180 million PHP (not unusual for us old guys) is going to be OK 👌 Good points on “vacation mode” and the COL here 😢 And there is a lot of economic anxiety here regarding inflation and political corruption. Maybe comfortable but not rich without stress.
I liked this video I'm glad it came into my news feed . The truth should be told about the misconception of foreigners being rich . Hopefully it will get many views and breack the stereo type
Outstanding and thoughtful as always! I have an academic colleague who married a woman he met online in the PI and it's a little funny because she thought that moving to America meant she would live in a palace instead of a normal home in a college town. I think it's the mass affluence in the US that makes others think that Americans are rich. Not to contradict your video, but like 34% of Americans, I paid cash for my house, as well as my cars. Debt is for suckers.
America is a country deep in debt, so I guess you are saying that America is a big sucker. Many who have it doesn't brag about it, like it's a flex to pay for your small house with cash. Trust me, I am well off and I know many who are extremely well off. None of them sound like you.
The abject poverty of average filipinos makes any foreigners from developed country rich. Even down and out bottom dwellers in the developed country looks relatively rich in the Philippine.
Talaga mabiit vid, salamat po. How terrible was my Tagalog? I'm living in Limay, Bataan, PH. You touched on many things I've witnessed first hand while here.
There's one more thing that really helps reinforce the perception that Expats are rich..... Some Expats that choose the Philippines really are rich. Just sayin. I enjoyed your video and that Iron Man display Rocks. Salamat po. Peace and Love, B Goat
I've noticed what you are saying, and I personally don't consider myself rich by any means. I've also noticed that the women in the philippines tend to be more ambitious than men, and many just sit on stand-by and suck down red horse . Now, not all are this way, but they do tend to go down the path of least resistance. As I have only been there four times for a month at a time, I have taken those opportunities to see the real philippines and not the tourist areas . In general, the people seem nice enough, and the farther out in the provinces, you go the happier they seem to be . Simple life of farming and family with the attitude of it is what it is, so make the best out of it.
Yeah right not all Pilipino think Caucasians are rich, Well even when I was young I never thought That all Foreigners are rich same as not all Chinese are rich! as what Majority of Pilipino mind set that if you are Chinese you are rich.
many Filipinos are making as much money as people in other countries, as for foreign tourist they save all year, look for promos and count the small money so they can be kings for 1 or 2 weeks, many people do not believe me until 1 bar girl was invited to Germany and when she came back she told me I am right
You were talking (mentioned) about means tested retirement, a result of too much government. I live in Cebu, there are plenty of wealthy Filipinos here. To have means tested retirement for Filipinos is a slap at the poor in Philippines. It is time to call that communism in practice, saving only ounces for the wealthy class. The concept of ownership from earnings has been destroyed. The result of too much government is socialism and communism; the taking from those who earn and giving to those who did not in the name of compassion by some elected government official. Also, means tested retirement is a lack of respect for the poor but subjecting the poor to government intrusions. People need to see these management systems in their public policy and trim the excess government from the burden the people must carry.
I really think we are rich in the PI. I see people pumping water from community wells or collecting from the river. Washing clothes in rivers, dealing with food insecurity without indoor plumbing, unable to access medical care, etc. And there I am with AC, eating out, nice motorbike, etc. I mean come on, what are they supposed to think. I really think Americans would be more appreciative of what they have if more of them traveled to poorer countries. Lets be honest, being poor in America is nothing like poor in the PI.
I like the way you present, your points are all well made, but don't overlook the obvious: even though we may barely be getting by in our home country, many of us are indeed rich by comparison. So are many in Japan and S Korea and Singapore, so it's not an East/West thing. The typical homes I've seen of friends in the Philippines, both in Manila and the provinces, the kind of places that tens of millions of people live in (remote villages, working class homes in Manila etc), would be condemned as slums in my home country. There are nicer homes and I've seen them too, but they're not typical and they belong to families who needed generations to build enough wealth to enjoy such homes. Another example from my personal experience/observation: a friend's sister needed an emergency operation. To pay for it the family dipped into savings, begged money from their neighbours, extended family and friends, and finally took out loans they will be paying back for years. The amount was less than a down-payment on a new car in my home country, in other words, something many of us would do every few years without a second thought.
As a conduit between Asian and 'western' investors, money is invested in countries where profits can be made. Poor infrastructure, unwelcoming 51%-49% ownership laws, bureaucracy,, and corruption discourage investment and risk taking. Capital investment will flow to receptive environments. Perhaps the Philippines could be the next 'Tiger of Asia'. A educated, English speaking population used by others overseas. Perhaps use Singapore as an example. Invite wealth back home.
I agree with everything you're saying here, but I think there's something missing that wasn't included, perhaps unintentionally, but if it was intentional, it's very sad. This is religion, the religion we grew up with. Jesus with a pointed nose, Mother Mary with a gentle face and a pointed nose, with fair skin... saints and holy figures who look like Russian supermodels in build, whether male or female. Do go have a survey in the Philippines and ask if they think Sudanese or any African foreigners are rich or poor? For sure, they will say NO...
In the early 1900's america drove several filipino tribes from their ancestral lands and gave these lands to large fruit company's to make fruit plantations. A lot the decendants of these tribes today live near large city's in squatter villages, no land, no gardens, no status. These lands should have been given back in 1946, but it did not happen.
The ancestors in Western countries and more recently East Asia have generations of working hard. Building wealth. At least for Western countries this happened for over a century. A lot of work. Look into the industrial revolution. Now many of us are chilling. And rightfully so.
Just a reminder.....An individual that gets a usd $1,500.00+/- pension or a Social Security on the West (USA) is actually a poor man, in Php they are called rich cause' they have Php 100,000.00 Piso every month.
I hear financially uneducated people make this mistake too often. Debt is a useful tool to become wealthy. For example, it never makes sense to buy a house in cash or pay it off early if you can mortgage it under 5% and invest that cash. Run it through a compound interest calculator, at the end of 30 years you lost money every time if you paid off your house early. Mortgage several properties using bank money and rent them out. After 5-10 years you can simply sell them for a massive amount of free equity money. I’ve never had an auto loan over 2%, again it’s basically free money at that rate.
long story short they think you're rich because 60% of the Philippines lives in extreme poverty and the Philippines is a poor country (because of government corruption not because of its past) and they don't factor in to your income the cost of living in America. That your rent is 1200 or 2500 a month for a basic apartment. That groceries cost you 300 to 500 a week and a beer cost as much as many in the Philippines live on in a day
I love the Philippines, am retired now, and was prepared to offer my skills and money to aid remote communities with assistance, but finally gave up after all the red tape involved.
I'm retired now and going to live in the Philippines I worked a lot of hours to get my pension from 3 unions and Social security there is no way the wages in PI are even close to the pay you get in the US corrupt Government in PI they need higher pay
don't understand why exchange rate sais anything about the wealth of a country .. define the NEW PESO as woth 1000 peso .. and violá a NEW PESO is worth roughly 2 dollars, now change 1000 peso for 1 NEW PESO and here we are, is anyone more wealthy due to that?
Ill be traveling to the Philippines this month (September), and will be staying 3 months, i been in communication with a filipina i plan to meet with, and if things go well we will start a relationship. Im interested in marriage, so will see how we vibe together. Weve talked in length about what we want in life. My perception is that shes willing to move here to Alaska with me and work with me at my job. I earn good income, and if she becomes my wife and works with me, our income combined would place us in upper middle class, able to have the American dream with no stress. I feel its important that i present myself as someone who is tight with money, ive never been a big spender ( unless its video games or anime related products) to see how she reacts when or if i tell her "no". But i think spending 3 months living together will give me an idea how she will view me if she thinks im totally broke all the time. Will it be love or am i just a means to a way out. Thankfully she has a job, earns her own money, lives alone, i havent given any nor has she asked for anything in the 5 months weve been in communication. So fingers cross for me.
@lillpoetboy I wish you both the best! Hopefully, things work out, and you both find what you're looking for. 😃
Your best bet is to marry a nice devoutly Catholic Filipina girl. They're much better than American women which all they know is how to order in restaurants and spend a man's money. Gordon Liu said so himself in Kill Bill Vol 2. It's gospel 😄
In my experience if she hasn't asked for anything in 5 months she is definitely not after your money. I hope it all works for you. May God bless you with a great family. I just hope you are a good guy and will tend to her needs especially if she marries you and stays with you in Alaska. I know people with NPD...
Thanks for this video. I almost skipped it as I have been to the Philippines and have stayed in a home no bigger than my living room and no running water except if someone is hand pumping it... You did help provide me a little more knowledge and insight and I appreciate it. I often say the person on welfare here in the USA has it much better than many in the Philippines because almost everyone here has first indoor plumbing with running water and an automatic washing machine not to mention ample food... But yes, I do know many including members of my family that claim they are going without food to pay car payment and house payment, but will take several vacations a year but cry because of the need to buy a tire or pay property taxes... Thanks again for taking the time to make this video and I thinking of sharing this with a Facebook friend in the Manila area that says Americans are rich...
I am fed up with what is going on in the US, I want to move back to AK. Lived in the bush for 20 yrs. But my Filipina wife do not want to live that kind of life. I have gotten to hate the PI. after 9 yrs. I am tired of them thinking I am rich, Filipinos come to me of some crisis after another. I am looking at Borneo Malaysia. Much cleaner and more quiet
Thank you. This channel is gold. I want more videos from you.
Thank you! I appreciate that.
Very informative and well-explained!
Glad you think so!
Love the Philippines 🇵🇭 i met a women online we had chemistry. I noticed alot her friends were trying to flirt with me saying to my woman how 🤔 you get this rich foreigner not knowing it took me almost 4months to save plus get the vacation time😅 they dont have a clue most Americans are struggling. Great video ❤
there are red flags in this statement
@jamesgilbert2181 been together 4years can't paint all fillipino women scammers who need money. The women your posted with I'm sure she not with you because of your good looks and intelligents you have to have some resources as well wake up lol.
I don't believe this for a second lol
@@ScottieMitchell-f8y who gives a sh..t what you don't believe I live in the Philippines with the gurl dumb a..ss.lol
A very level headed , rational, balanced and well thought out vlog.
This gal has good communication skills and a matter of fact personality.
I will watch her more often
Thank you for your kind words!
First time watching your channel. I liked it. Straight forward, to the point, no rambling.
Great work!
I been to the Philippines few times and alot of people in Philippines think im rich im from Puerto Rico they dont understand how i save up for a trip which take me years
then you should understand thet the poor here cant save to go on a trip at all if they could they would think they were rich hahahah
@@jamesgilbert2181Is it possible that some actually could (save money) since they work and get paid regularly? My point with this is that even if Filipinos get sufficient money, would they be able to put any away for savings? I believe that most won’t. All it takes is a birthday and there goes the savings … jussayin’
I worked as an OFW for more than half of my Life and Working like a Dog Abroad so I can afford to send my for Kids to a Good School from Elem. To Univ. then I build my Tiny House slowly until it was good enough to and suitable to live with my Family and I was able to bought a Cheap Car good enough for us to have our own ride when we Go out once in a while with my Family, thanks God I don’t have tp pay any Mortgage to the Bank to own a House unlike People in the West. Thank You Lord for all the Blessings you blessed on me and to my whole Family!🙏🙏🙏🙏🙏
money can't buy love ,money can't buy happiness. Filipinos gonna find out the hard way..
Married to a Filipina for 26 years, and I can confirm what you said.
In addition, Filipinos who live abroad and come home make things worse.
My wife saves money and then spends it all (plus some). She spoils her family and extended family, taking them to places to see things that they themselves have not seen in their own country!
When you also factor in that her phone number is on speed dial, whenever there's a problem or medical emergency. She's also put more than I can count through college!
This makes everyone, including her family, think she's rich!
I don't think she's showing off, but secretly, I think it makes her feel good that they appreciate and look up to her!
My only concern is that they are overly dependent on her and don't strive to be self-sufficient as they really should. 😢😢
@@watchchimp3102 I like your comment. You are talking about the tax by extended family. Still, I do think family based socialism is better every day over government based socialism.
The family based socialism is difficult to manage as some of it seems justified.
I can surely relate to that, sailing in the same boat so to speak. Would love to get some advise as im new to this relationship
Leaving a poor country for a job in more rich country doesn’t make you leave your poverty in your mind.
@@IB4U2Cme”family based socialism” is called monarchy.
@@jonnelson9760 A monarchy means someone, not two adults of the family is in charge. Family based socialism is where the bread earner distributes the bread for the family to eat. If the breadwinner does the distribution. If not, he may just be the sucker at the card table, and the reason so many men have had enough of marriage.
Maybe lack of education, or foreigners, themselves, acting like they're 'rich' and overspending on a holiday. I notice a lot of foreigners, who are relatively poor in their own country, like to flaunt money when they come here on vacation. Living and thriving here is a whole different ballgame. Whatever your budget is, big or small, you have to manage it wisely, and not allow your gf or wife to push you to overspend. A weak man will not fare well in the Philippines, and will likely fall into financial trouble.
100% fact yes
The average American isn’t rich, but sadly, the average Filipino is so poor that we look rich to them. But if you consider inflation and cost of living here in America, a lot of the average Americans are struggling now days. When it comes to foreigners who travel to the Philippines, I can understand why some Filipinos think they are rich. I mean, if we can afford $800 to $1,100 plane ticket then we must be rich. But this isn’t always the case. In fact, a lot of us are thinking “ OK, The cost of the ticket sucks, but once I get over there Hotels, taxi, food, Activities, domestic flights in the Philippines are all very inexpensive compared to our home country.” I would love to be able to travel within America, visit Singapore, South Korea, Japan, Australia, New Zealand, and a couple places in Europe, but when you combine the plane ticket plus all of your costs inside of those countries, it’s too expensive for a lot of us. Another thing to consider is the reason why many Americans retire in the Philippines it’s because it’s way too expensive to retire in their home country, especially if you are only living on Social Security.
But here is the real issue. In America in other western countries we are very blessed to have a lot of opportunity to become wealthy. Even if we are born into poverty, if we save and invest our money in the right way, then we can become wealthy overtime. Sadly there aren’t as many opportunities in the Philippines. For example, as far as I know, there aren’t a lot of things in the Philippines like 401(k) savings plans, S&P 500 index funds, mutual funds, these kinds of accounts that here in America we can use to grow our money year after year with compound interest and then retire wealthy. if these kinds of things do exist in the Philippines, they’re very few and far between, maybe only the best jobs or some government jobs?
By the way, my first trip to another country was when I was 19 years old and worked at Walmart making $7.25 an hour. I had to save my money for 18 months and traveled to Thailand. Since then I’ve visited the Philippines 4 times and each time saved up for at least a year. This is what many people do. If all of us were rich we wouldn’t have to save up that long.
In America if you earn $2000 per month you are poor a hell and miserable, but in the Philippines that same $2000 per month can give you a very happy life!
I agree with everything you’ve said. I’ve spent a lot of time in makati and the province of Aurora. An important point imo, is that as a foreigner I became financially comfortable because I dreamed big and worked hard against many obstacles. It seem most Philipinos believe it was a gift (blessing) resulting from being horn in America. I worked 12-14 hours a day since teenage year without ever taking a break between jobs. That would be very unusual for Philipinos.
Fuc you saying???? Unsual to work 12-14 hrs!!! You probly work them LAZY 12-14 hrs ...lol ... DID you ACTUALLY see what REAL
work is .....
It's because they focus on the currency without taking into factor the cost of living. In their eyes $1 US dollar = $56 Peso. In reality the older man they met may only be getting Social Security income of $2500. In the US that person is most likely struggling financially. The Filipina wife when she gets to the USA will eventually will be the main bread winner working hours just to stay afloat.
Most people on earth would not consider themselves rich. A better question is way the Philippines is so poor. The poverty in the Philippines is quite disturbing.
@chosen_one1602 Good point. I will add this topic to my list. Thank you!
Exactly...we have to work 2 jobs in the USA just to pay bills and survive... everything is soooo expensive,and as you mentioned almost everything we have it's on credit and it will take years to get it paid... thanks so much for sharing ❤
@@laura3619 Who are "we"? I have never worked two jobs at the same time in my life in America, nor have I ever known my co-workers to do so. Also, the only debt I ever carried was my mortgage. If I use a credit card it is just for the cashback. I pay off the outstanding balances literally each week.
I feel that most people who are just "surviving" are doing so because they WANT more than they NEED.
Poverty is the default state of humanity. Human beings have been poor for nearly all of their existence. Some groups of people have never known wealth. Filipinos, Indians, etc are far more successful _outside_ of their countries than they are in their own countries and lots even more successful than natives of the rich country they move to. Morals, values, behaviors etc are the things that need to be studied.
@@Mr_Fairdale , , , does NOT take too many Brain Cells To Figure Out Main Causing Factor of Cruel Poverty LEGALLY Forced Towards Targeted "Low-Class" Innocent Humans Throughout This World For Thousands of Years Now, , , in Summary, , , This *TRUTHFULL* Message is For True Honest Humans Who SINCERELY Want To IMPROVE QUALITY OF LIVING COLLECTIVELY, , , The Main Causing Factor of Excess Poverty, Corruption, Pollution, Sickness, Sadness, etc,,, etc,,, etc,,, is Because The Ruling "High-Class" Society has been ALLOWED TO HOARD SO CALLED "PROFITS" AND "LUXURIES" "LEGALLY" AT THE EXPENSE OF INNOCENT LIVING BEINGS BLOOD, SWEAT, TEARS, , , There is more specific *TRUTHFULL* information at a Nonprofit Organization Whose Name is Organic Tribe Foundation, , , Currently Presenting Sustainable Living Events/Workshops Throughout This World, , , is a Humanitarian Community Service Free of charges, , ,
I keep telling my relatives all of this but they refuse to believe me. They think I’m just being selfish!.!.
This is a cogent explanation of the many factors contributing to the common perception in the Philippines that money grows on trees in foreign lands. Thanks for enumerating all those fine points!
Love the way you approach the topics you present. I agree that perception is a huge factor. However, as you know, more money does not necessarily equate to happiness or satisfaction within that life. I see MANY (rich to the average Filipino) people who are miserable in their present circumstances being caught up in the materialistic lifestyle or just trying to keep up with their bills. Filipinos seem happier by comparison and more adaptable to changing circumstances. Great video!
Great video as always, congrats.
Thanks for watching
Thanks for another educational video. I always appreciate your hard work and what you do for us as the viewers.
That is right, we, two live comfortably in Cebu with 80K a month. We could live reasonably for half that. But we cannot afford to live back in the US at our old age. We are trapped in Cebu but I at least escaped from America.
And you worked long for your pension so don’t feel guilty, some have more, some have less.
Are you talking 80K in Pesos or U.S. Dollars?
@@fredbigornia1814 80K in Philippines
is just under $1500 in US dollars.
hello, im From northern Europe , and i can acknowledge what is being said in this video.
i am comming to Pinas myself in 2025, to meet a woman i have been talking to for some time now.
money is just an elusion but is nessesary to have to live. but how you use them is important for your future.
it is correct that so many peoble safe up their money bc they want to travel and see the world , some have more problems to safe up than others,
myself this is my forst holliday ever. since i started to work when i was 12, i have never bee out of country for holliday before .
thank you for your videos , it really say alot of things that most peaoble never think about.
thank you.
Dont know if it was mentioned, but Philippine ppl need to understand that generally, the vast majority of poor Americans arent doing international travel, especially to some far flung pacific islands.
So, the ppl that do come here are not poor from their own country (USA, et. al). Combine that with the huge difference in median per capita incomes of the two...then it becomes crystal clear why the stereotype exists.
True:
Tks. much
You have produced a very good video. Those people who have not visited other countries do not realize that there are poor areas in every country. This being said I am moving the Philippines next year. I have friends who have been there for several years now and are doing well physically and even more so mentally. They have been able to go back to the simple way of life we grew up in. Thank you for the video.
Excellent informative video thank you so much!
Half of the world's population lives on less than ₱10,000 per month
The cultures are so different. My wife is from the Philippines 🇵🇭. I love the Philippines. It’s amazing how simple and happy people are in the Philippines. They love their simple life so much and again cultural norms seem to be that’s ok. In America we are crazy about making money to live. I believe our priorities are out of alignment. My question to you is in what ways could an American help teach a Filipino to fish for themselves? Is it possible? What things could we do to practically help them financially rather than just giving them money? You’re smart and I welcome your ideas on the matter.
Most pinoy get there eld eldest daughter go to work and SUPPORT the rest of the family (this is there culture ) tell me if I'm wrong that's why they don't get ahead
Big point. They want to bum about all day. Ignore people like this. They will never accept the reality
Filipinos are a very jealous people. Any filipino that tries to get ahead will find themselves a target for attacks in some form by their community at large. This is one of many contributing factors that keep filipinos poor.
So true and so unfair. Sometimes the oldest daughter is expected to effectively replace her father, who abandoned them all.
You mentioned mortgage, it's usually 15 years or 30 years period and another thing I wanted to say is it you are very beautiful.❤
I love Philippines. I can't wait to go back one day. My wife is from Pangasinan and it's a great provice.
My fiance has her USA visa now and will be here soon, she worked as a midwife in a hospital for 20 years only 21 000 pesos a month about 367. Dollars, she put her 2 sons through college by herself and built up some debt. She is a wonderful person and I am grateful to be able to help her ❤️
i live in cabuyao Laguna .our house is a small cast concrete home there are only three models to choose from. so i live the same as some or even a little less than some most own cars i dont not that i cant afford i just wont drive here.the people i know here dont think im rich. but they do relies i have more money in there mind im just middle class here
Thank you, I'm learning your culture because I'm moving here in October, from Mexico that are close in cultural beliefs. English is why I'm moving and beauty is everywhere.....
100% agree. 👍🏼
My Philipina came over here to work in the West, and we met here and have been going steady for a couple years. So she has a very realistic outlook towards how life is over here. I visited her family in the Philippines over the summer and experienced this phenomenon first hand. It's a bit of a sensitive subject, but at least nobody looked openly offended when we talked about it. From my perspective it was always a local who started the discussion about this, and then if things looked bad my fallback answer was that I gave all my pesos to the missus haha.
But realistically talking, we spent a lot of time drinking and partying there over a month-long visit. I was prepared to fork over a lot more money than we spent in that month. All of the expenses together, including shopping and what not, summed up to be not too far from what we'd spend living here in the West in a regular month. So in that sense it was a lost opportunity, since we should have spent a lot more to buy all of the cheap stuff available. Something to look forward to for the next visit, I guess.
Very good information
This is a great video. Very informative!
Well said. A lot of truth.
Very well thought out and presented
Nice report.
10:40 - the Balikbayan box, that's a whole video on its own! Over the years I have witnessed a few of these boxes being prepared, filled with brands and products that are already available in the Philippines. "Wouldn't it be more cost-effective to just send them the money?" Yet in the Philippines it's the thought that counts.
In North America there is an efficient logistics network that supports the supply and delivery of these Balikbayan boxes.
well yet see. mid day mid week my local mall is more than 1/2 full. with the restaurants about the same. where do they get the money? As an American that lived Rual in the US I see a lot of Filipinos as rich by are stranded. in the US most working age people are working 40+ hrs a week. No way are they in a mall mid day mid week, bills to pay
It’s all relative. $1000 in the US can buy a lot more in the PI.
Correct!
One big difference is when a filipino buys a house the value goes up very little in 10 years. In america if you stay in your home 10 years the equity in their home will be substantial, if they keep the house updated and nice, and of course location is huge.
A big difference is a filipino with a regular average income can slowly build a solid concrete house over an extended period of time for the family but will probably never get an occupancy certificate for it (but will live in it) and so its worth on the resale market is a lot less... and the extended family all fight each other over it when the owner dies.
@@rob3539 the family fighting over the property is an age old problem in both the us and Philippines. My Filipina’s family are all fighting over this dump of a house and actually my wife should be next in line, and i told her don’t say a word and let them fight it out. The place should be condemned and it would be a headache for us to own. Fortunately, my wife agrees, and she just smiles and says nothing when they are all talking behind each others back. Truthfully, if I owned that place i would tear it down and rebuild. Im not about to go through that in the Philippines; too much bribe money that would have to be paid out.
Wealth and poverty Is a matter of individual "subjective perception" based on individual "metrics"...... usually based on possible CONSUMPTION and lifestyle.
I agree with the Narrator, its all a matter of perception !!!!!
I would love to visit there one day to explore the outdoors.... Watching the wildlife,nature,etc... I don't much care for the city life of other countries.
And finally, to understand something is to be liberated from it.
Many people are confused about exchange rates. The fact that there are 50 pesos to the dollar doesn't mean you can buy 50 times as much here with the dame money. The peso is just a smaller unit of money. Just like, there are about 3 feet to the meter. That doesn't mean everything here is 1/3 the size! Sure, for $1 I can get 50 pesos. But a loaf of bread here costs like 100 pesos. So with $2 I can buy one loaf of bread in america, or I could convert it to 100 pesos and buy one loaf of bread here.
The way to determine relative wealth is what % of an average days pay does the loaf of bread cost. In a poor country nearly all goes on food and education costs for their kids (if they are that lucky).
Don't confuse yourself and others. First, a loaf of bread is actually around 60 pesos, yes I've been. I can fill the cart at around 1000 pesos. So around 20 dollars US you can spend enough for a week of groceries.
Its called Purchase Power Parity (PPP). Plenty of info on YT and PPP calculators on the web.
Excellent information
During 10 years in the US, my wife learned that life in the US was working a good part of the week and nothing more weekend was shopping, laundry, house cleaning and the occasional sociali evening. Save money for a 2 week vacation in the Philippines. She realized how hard life was. She learned the value.of money. Now her sister is working there as a teacher with her family with the intent of saving money. Within a year they turned into the American family who is in debt up to their ears to have the “nice things” and the “nice lifestyle “. After 5 years there, I fear they will return with nothing to show for it.
I wish that American made still meant what it meant 30 years ago. It no longer represents the pinnacle of quality that it once did. America now has a much more disposable mindset, and unfortunately, it permeates everything we do. Though I will say, that after arriving here in the Philippines, I have come to realize that goods I considered junk in America, would be first class products here. There are all sort of products sold here, whose quality is so low, that you would struggle to find anyone to buy them in the US (assuming they would be legal to sell at all with the lack of safety some of these items have), and these products proliferate everywhere here. I've also seen many items that are sold as singles, which we in America would only buy in a box with multiple units, where someone has bought the original box, and is now selling it off piece meal. All of this is because the market here simply can't support anything beyond this. It is possible to find actual quality here, but most of the time it's really only the illusion of quality, and you're mostly going to find it the malls, surprisingly enough. Basically everything on Shopee is junk.
Yes, my sister was surprised that the Nike shoes I sent ARE MADE IN CHINA. 😂
@@conservativefilipina lol. I bet she was. I keep telling everyone here, that stuff in America is mostly made in China.
@@conservativefilipina So being in the PH you probably can get Nike shoes for a fraction of the cost? I have traveled there twice now. My soon to be wife lives in Manila. I've been to several malls SM but haven't shopped for sport shoes. Manila is more expensive to shop overall.
Many Foreigners are rich compared to most filipinos because of the exchange rate. If the filipino govt was to offer more opportunities to foreigners to own land, the country would be more developed. However, I do support placing restrictions/limits on the ownership of land by foreigners.
The difference is the you can buy land in our county, we allow that. It helps an economy to have opportunity for people. This is solvable, have your government pick a country that’s economy is successful and copy the model. Free enterprise in open markets work pretty well. Malaysia, Indonesia and Vietnam examples.
Imagine them roaches OWNING LAND in the PI....our BELOVED country would no longer be our country!!!!
Great Video...!!!
very very good on the mark luv it
Because, I worked abroad and I got lots of money. That is why I think foreigners are wealthy people.
Yea $2000 dollars in America isn't alot of money because everything is way more expensive but in The Philippines $2000 makes you rich. .
12:22 much more financially secure but not better, there's a reason why so many people come to the phlipines
Didn't think of you as a ken griffey Jr fan lol very cool
Yes. I LOVE baseball ⚾️. 😊
Good information. Unfortunately some of our kababayan is not well informed about culture and socio economic knowledge of other countries. I think most of us think like that when we were young and i was one of them 😂😂. It's ok no problem with that. Very informative video.
Yes, true. Thanks for watching!
They are not worldly people, but that's why we love them. They have their own ideas and aren't familiar with the rest of the world. I think if Filipinos understood how corrupt their political and legal system is compared to other countries, they would riot.
A solid financial education is key to lead a fully enjoyable life. Rule No.1 Respect money (currency) and be indifferent towards it! Rule No.2 Divine assets and liabilities properly! Rule No. 3 Go travel, get perspective and get that dream life. Rule No. 4 Don't consume mainstream garbage. Rule No. 5 Show me your friends and I'll show you your future! Oh yeas, you MUST budget and track everything down to the last cent or pence. Good DEBT can make you wealthy - Bad DEBT can make you totally BROKE!
I take exception to your comment that some of our wealth is illusory. I own my home in Dallas and a small ranch 100 miles away. I own 3 out of 4 of my cars, including a Mercedes and a Lexus but the most expensive thing I drive is a tractor at my ranch. Because of the toxic political climate in the U.S., I plan to retire in 1.5 years, sell the house in Dallas and move to the Philippines and buy a big sailboat and start a charter business. I'll have $3,600/mo in SS and expect to live comfortably within that income - everything else is a bonus. I say all of that to say this, my wealth may be modest buts it's real - no credit. And I believe I'll be happy in the PI and actually create jobs for others.
I am Australian, and am recovering from a total left knee replacement. Half the staff and nurses were Filipino. They should be in YOUR country, not mine... I am ever so grateful for their good care.
Yea that 50:1 exchange is a big factor.
And 60-180 million PHP (not unusual for us old guys) is going to be OK 👌
Good points on “vacation mode” and the COL here 😢 And there is a lot of economic anxiety here regarding inflation and political corruption. Maybe comfortable but not rich without stress.
60 to 180 million?You thousand a month right?
I liked this video I'm glad it came into my news feed . The truth should be told about the misconception of foreigners being rich . Hopefully it will get many views and breack the stereo type
Very good points and Thank you for sharing ✌🏾
Outstanding and thoughtful as always! I have an academic colleague who married a woman he met online in the PI and it's a little funny because she thought that moving to America meant she would live in a palace instead of a normal home in a college town.
I think it's the mass affluence in the US that makes others think that Americans are rich.
Not to contradict your video, but like 34% of Americans, I paid cash for my house, as well as my cars. Debt is for suckers.
Yes, you are right! Debt makes more debt, and lots of Americans are struggling because of it. Thanks for commenting!
Well, debt can be leverage. Cash instead of asset, equity building is often a mistake
must have bee cheap or did you inherit, in Australia its at least 30 years utang
America is a country deep in debt, so I guess you are saying that America is a big sucker. Many who have it doesn't brag about it, like it's a flex to pay for your small house with cash. Trust me, I am well off and I know many who are extremely well off. None of them sound like you.
The abject poverty of average filipinos makes any foreigners from developed country rich.
Even down and out bottom dwellers in the developed country looks relatively rich in the Philippine.
Talaga mabiit vid, salamat po. How terrible was my Tagalog? I'm living in Limay, Bataan, PH. You touched on many things I've witnessed first hand while here.
There's one more thing that really helps reinforce the perception that Expats are rich..... Some Expats that choose the Philippines really are rich. Just sayin. I enjoyed your video and that Iron Man display Rocks. Salamat po. Peace and Love, B Goat
Well said thank you for you telling the truth
i don't own a home a car, and rent is 700€uro a month an i need to work to earn money, coming for 3 weeks holiday in september to davao city
My Filipina partner thinks I’m poor it’s good to not let them know so you can gift without them hounding you for money God bless
I've noticed what you are saying, and I personally don't consider myself rich by any means. I've also noticed that the women in the philippines tend to be more ambitious than men, and many just sit on stand-by and suck down red horse . Now, not all are this way, but they do tend to go down the path of least resistance. As I have only been there four times for a month at a time, I have taken those opportunities to see the real philippines and not the tourist areas . In general, the people seem nice enough, and the farther out in the provinces, you go the happier they seem to be . Simple life of farming and family with the attitude of it is what it is, so make the best out of it.
Yeah right not all Pilipino think Caucasians are rich, Well even when I was young I never thought That all Foreigners are rich same as not all Chinese are rich! as what Majority of Pilipino mind set that if you are Chinese you are rich.
many Filipinos are making as much money as people in other countries, as for foreign tourist they save all year, look for promos and count the small money so they can be kings for 1 or 2 weeks, many people do not believe me until 1 bar girl was invited to Germany and when she came back she told me I am right
You were talking (mentioned) about means tested retirement, a result of too much government. I live in Cebu, there are plenty of wealthy Filipinos here. To have means tested retirement for Filipinos is a slap at the poor in Philippines. It is time to call that communism in practice, saving only ounces for the wealthy class. The concept of ownership from earnings has been destroyed. The result of too much government is socialism and communism; the taking from those who earn and giving to those who did not in the name of compassion by some elected government official. Also, means tested retirement is a lack of respect for the poor but subjecting the poor to government intrusions. People need to see these management systems in their public policy and trim the excess government from the burden the people must carry.
I really think we are rich in the PI. I see people pumping water from community wells or collecting from the river. Washing clothes in rivers, dealing with food insecurity without indoor plumbing, unable to access medical care, etc. And there I am with AC, eating out, nice motorbike, etc. I mean come on, what are they supposed to think. I really think Americans would be more appreciative of what they have if more of them traveled to poorer countries. Lets be honest, being poor in America is nothing like poor in the PI.
your totally right 💯
Lots of westerners (Australians) own their own homes and their own vehicles and don’t have debt
I like the way you present, your points are all well made, but don't overlook the obvious: even though we may barely be getting by in our home country, many of us are indeed rich by comparison. So are many in Japan and S Korea and Singapore, so it's not an East/West thing.
The typical homes I've seen of friends in the Philippines, both in Manila and the provinces, the kind of places that tens of millions of people live in (remote villages, working class homes in Manila etc), would be condemned as slums in my home country. There are nicer homes and I've seen them too, but they're not typical and they belong to families who needed generations to build enough wealth to enjoy such homes.
Another example from my personal experience/observation: a friend's sister needed an emergency operation. To pay for it the family dipped into savings, begged money from their neighbours, extended family and friends, and finally took out loans they will be paying back for years. The amount was less than a down-payment on a new car in my home country, in other words, something many of us would do every few years without a second thought.
Take care and God bless you 🙏
@@George-ux6zz Same to you. Thank you!
Very true. However most of the people will not believe it. Americans are rich, period.
True 😅. Thanks for watching!
@@conservativefilipina The reality is that if you have a debt free $1000 a month outside of the US, then you are well off.
As a conduit between Asian and 'western' investors, money is invested in countries where profits can be made. Poor infrastructure, unwelcoming 51%-49% ownership laws, bureaucracy,, and corruption discourage investment and risk taking. Capital investment will flow to receptive environments. Perhaps the Philippines could be the next 'Tiger of Asia'. A educated, English speaking population used by others overseas. Perhaps use Singapore as an example. Invite wealth back home.
I agree with everything you're saying here, but I think there's something missing that wasn't included, perhaps unintentionally, but if it was intentional, it's very sad. This is religion, the religion we grew up with. Jesus with a pointed nose, Mother Mary with a gentle face and a pointed nose, with fair skin... saints and holy figures who look like Russian supermodels in build, whether male or female. Do go have a survey in the Philippines and ask if they think Sudanese or any African foreigners are rich or poor? For sure, they will say NO...
Because we are Rich....usa media family income $77,777. Filipino $777.
Don’t be jealous of USA, improve your economy.
In the early 1900's america drove several filipino tribes from their ancestral lands and gave these lands to large fruit company's to make fruit plantations.
A lot the decendants of these tribes today live near
large city's in squatter villages, no land, no gardens, no status.
These lands should have been given back in 1946, but it did not happen.
I would tell my ex to tell her mother what 6 x chillies would cost in Australian dollars and cents then convert it to there currency.
The ancestors in Western countries and more recently East Asia have generations of working hard. Building wealth. At least for Western countries this happened for over a century. A lot of work. Look into the industrial revolution. Now many of us are chilling. And rightfully so.
Just a reminder.....An individual that gets a usd $1,500.00+/- pension or a Social Security on the West (USA) is actually a poor man, in Php they are called rich cause' they have Php 100,000.00 Piso every month.
Most living in the west arnt rich in there own country but yes they will be rich in the Philippines on the dollar conversion
Hope you're doing ok, I thought I was unsubbed for a bit. I was thinking I hadn't seen any new videos from you in a while!
I'm good. Just very busy. Thanks for asking!
I hear financially uneducated people make this mistake too often.
Debt is a useful tool to become wealthy. For example, it never makes sense to buy a house in cash or pay it off early if you can mortgage it under 5% and invest that cash. Run it through a compound interest calculator, at the end of 30 years you lost money every time if you paid off your house early.
Mortgage several properties using bank money and rent them out. After 5-10 years you can simply sell them for a massive amount of free equity money.
I’ve never had an auto loan over 2%, again it’s basically free money at that rate.
Because we use tiolet seats!!!! Have bath tubs!!!! And hot water !
Hahaha funny but true 😅.
long story short they think you're rich because 60% of the Philippines lives in extreme poverty and the Philippines is a poor country (because of government corruption not because of its past) and they don't factor in to your income the cost of living in America. That your rent is 1200 or 2500 a month for a basic apartment. That groceries cost you 300 to 500 a week and a beer cost as much as many in the Philippines live on in a day
I love the Philippines, am retired now, and was prepared to offer my skills and money to aid remote communities with assistance, but finally gave up after all the red tape involved.
Red tape ?
@@robertriley2863 Bureaucracy
Compared to what someone in the ph makes a foreigner is rich.
Half of them want to mooch around all day. No one will try to industrialize that place
I'm retired now and going to live in the Philippines I worked a lot of hours to get my pension from 3 unions and Social security there is no way the wages in PI are even close to the pay you get in the US corrupt Government in PI they need higher pay
You have explained it well 😊
Thanks a lot 😊
don't understand why exchange rate sais anything about the wealth of a country .. define the NEW PESO as woth 1000 peso .. and violá a NEW PESO is worth roughly 2 dollars, now change 1000 peso for 1 NEW PESO and here we are, is anyone more wealthy due to that?