Larry45 Posted October 15, 2014 Posted October 15, 2014 Good idea, Bob. I try to fit my unit of currency to the recipient of the message, but it would simplify things if we all spoke in the same monetary language. As for school teacher and nurse salaries, I've found that, on average, nurses are paid much less than public school teachers. It sounds weird, especially when you consider that nursing school is much more expensive than teacher school. But nurses can easily get exported as OFW after a year of work, while teachers typically don't have that option. Unless they meet nice guys like us. :) 3 Link to comment Share on other sites More sharing options...
earthdome Posted October 16, 2014 Posted October 16, 2014 So, for a real example? Teachers make about P14,000 while a nurse is P15,000 a year (not my numbers but from other posts in the past)... So, by today's numbers, a teacher makes $312.43 a month and a teacher 334.75 - not much in $ but a lot in pesos. And neither one is close to $400 a month (P17,924). Just about any working teacher would love to go from P14,000 to P18,000 a year! That is the starting salary for a new teacher. If the teacher obtains a master's and with experience can make much more. For example my wife's mother makes over 25k pesos as a public school teacher in the province. Then she does have a master's degree and has been teaching over 30 years. Link to comment Share on other sites More sharing options...
pokermike Posted October 17, 2014 Posted October 17, 2014 ok , pesos is the way to go when i see curency from the UK or Aus i get confused also. So here is how my terrible week went part of my planed retiremnet income down the tube, i have had a consulting job on the side for 9 years and reciver 100,000 pesos per month. Gone now they just sold out and i was not part of the deal. I just found out today the casino that i am a manager at is downsizing and getting rid of 4 high salaried emloyees and i am one of them , my salary was 6,800,000 pesos a year. Now i keep wondering will be ok , now that i am going 30% percent less monthly to live on. here will be my situation i already get full social security of 95,120 per month and i have savings or nest egg of 21,600,000 pesos. I am hoping i can make 4% on that to add to the 95,120, i am a little shook up now worried, hope i can make it there. Now a few questions, do you think i should carry my secondary medicare untill i decide if i can make it PI or just live on the insurance there? Then my second question just finished the marraige visa , my wife should be cleared to come here in a few weeks , i am thinking now maybe its better if she just stays there and doesnt get a taste of the US. The plan was to stay her for the required six months so that if something happened we could always bail and come back here, but now i am wondering if that is the right move. What do you guys think? Later Poker Mike feel like i just got beat with four of a kind Link to comment Share on other sites More sharing options...
i am bob Posted October 17, 2014 Posted October 17, 2014 Mike, that's the beauty of living in the Philippines... While you may think you need a large financial base, you can actually live a very comfortable life for a lot less still! I'm not going to second-guess your insurance as i do not know the intricacies of how it is set up. As to bringing your wife bah to the USA? Myself, personally, like the idea more of spending a few years in the Philippines. After all, i am the one who wanted to move so i am not cutting my time short. Once i get my fill, then i can always revisit the idea of moving back to the cold and bleak grey city... 3 Link to comment Share on other sites More sharing options...
robert k Posted October 17, 2014 Posted October 17, 2014 Poker Mike, I feel for you. I just took about a 25% hit myself with the price of oil plummeting. It's not changing my plans and eventually I will regain the ground I have lost and then some but it's unappealing in the short term. On the wife visa front, I would ask her what she thinks as we are not the ones you have to keep happy. 2 Link to comment Share on other sites More sharing options...
Jack Peterson Posted October 17, 2014 Posted October 17, 2014 feel like i just got beat with four of a kind Ahh! if only life was a game of cards, there's always another game to recoup ( or lose even more) but of course it is not, We just have to live by the cards we got dealt with, there is no changing any, ( Well not when you retire and get on that Fixed Income. Lets face it only one thing is for certain in the end. My Signature really does say it all. JP :tiphat: Link to comment Share on other sites More sharing options...
tomaw Posted October 18, 2014 Posted October 18, 2014 Posted Today, 03:06 AM I've read several times that even well educated Filipinos with ''good '' jobs such as nurses, engineers and teachers, only earn about the equivalent of $400 a month. Absolutely Correct, my Wife is a CPA with a Large Utility Supplier here on Negros. With 17 years service and an In Charge Badge, She is still only on $477 a month BEFORE stoppages (Tax, SSS and other issues deducted. net pay varies but usually is about 40% of the gross. She considers she is well paid. ( Even with the out of hours input and other Activities, Unpaid) Of course there are perks as with most large companies but money is money! Before I came along Life with an 8 year old was hard. Mama was starting to cost a lot too ( 95 now) Morning All JP :tiphat: :morning1: Wow! You got any idea what she could make back in The States with that education and experience on her resume?! :-) Link to comment Share on other sites More sharing options...
Jack Peterson Posted October 19, 2014 Posted October 19, 2014 Wow! You got any idea what she could make back in The States with that education and experience on her resume?! :-) Her ex Uni friend is in the UK and they have about the same experience and Qualifications, Her Salary is 65.000+ Pounds Sterling per Annum. That's about 4.680.000 peso per year. Yes good money BUT............................... she is Homesick, Depressed, feeling Lonely. I guess another 6 months and it could be Suicidal. just not Worth all this for money. "You can take the Girl out of the Phils but you will never take the Phils out of the Girl" We are happy and Doing OK just as we are. Our money chasing days are over, call us lucky if you like but we Got it Right Best of Luck to you all out there. Again I say, " Make you life fit your incoming, no try and make your incoming Fit an impossible Dream " JP :tiphat: 3 Link to comment Share on other sites More sharing options...
MikeB Posted October 19, 2014 Posted October 19, 2014 Here's a guy livin the dream for a lot less http://www.sunstar.com.ph/cebu/local-news/2014/10/18/swiss-national-makes-do-collecting-garbage-371790 Link to comment Share on other sites More sharing options...
robert k Posted October 19, 2014 Posted October 19, 2014 Just imagine if that Swiss guy had not started 2 businesses. :1 (103): Link to comment Share on other sites More sharing options...
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