The realities of VERY low income living here

[Jollygoodfellow]

4 hours ago, Clermont said:

Whom am I quoting, Capa, Marlin or Seth, very confusing trying to keep up with your train of thought, most trolls you can pick as a trouble maker  or like to disrupt a conversation. Most fox terriers you give a scolding too, they stand back out of your reach and keep yapping, are you like that or are you one of the terriers that settle down and join the fun other people enjoy. 

Quoting all of them at the same time. 

[Medic Mike]

This is the question I have been asking myself lately as well. Although, I visit several times a year, I have never even thought about a budget on account working full time and making a very good wage. Now that retirement is less than 6 months a way. I am starting to think about budgets, and how much it will cost per month to live well in Cebu.

I already own my condo in Topolo, so rent is not a problem, only monthly condo fees. To start with, I am going to budget for 40K peso per month, and see if I can stick to that, or in what areas I will have to commit more money to. My lovely pinay is great at making budget, so we will see what happens.

[Jack Peterson]

2 hours ago, Medic Mike said:

My lovely pinay is great at making budget, so we will see what happens.

 Then Mike, you are a lucky guy as most of our ladies are good at Spending our Budgets  

[nor cal mike]

On 9/21/2018 at 5:24 AM, Jack Peterson said:

 say no more EH!

Wow, you sure nailed it with this one Jack.

How true 

[Arizona Kid]

On 10/10/2018 at 5:52 AM, Medic Mike said:

This is the question I have been asking myself lately as well. Although, I visit several times a year, I have never even thought about a budget on account working full time and making a very good wage. Now that retirement is less than 6 months a way. I am starting to think about budgets, and how much it will cost per month to live well in Cebu.

I already own my condo in Topolo, so rent is not a problem, only monthly condo fees. To start with, I am going to budget for 40K peso per month, and see if I can stick to that, or in what areas I will have to commit more money to. My lovely pinay is great at making budget, so we will see what happens.

40k is easy. With no family expenses.

[Medic Mike]

1 minute ago, Arizona Kid said:

40k is easy. With no family expenses.

Yes, I have been finding the same as well.

[Jollygoodfellow]

1 hour ago, Arizona Kid said:

40k is easy. With no family expenses.

Not if your paying 20k rent its not

[stevewool]

2 hours ago, Medic Mike said:

Yes, I have been finding the same as well.

Any chance of breaking it down into what you spend the 40,000 on per month,

[Medic Mike]

Veco Bill 5000

Water 3000

Fiber Internet 3400

Condo fees 2000

Visa fees 3000

laundry and other small bills 3600

Food and Taxi 20k

Hope that helps.... Mike

[graham59]

Per month, for me (no rent)  it's ...approx'...

Food and booze: 12,000

Electricity:  1,200

Water ...incl. drinking... 300

Internet (phone signal) :  600

Transport... trikes/jeepneys, etc:  1500.

Miscellaneous expenses... related to school materials, fees, etc:  4500

Total (for me, the Mrs, our little boy, and our live-in niece) :  p20,100. 

This is living in the province, about 3 miles out of town of course. 

I'm on a Balikbayan 'visa', so just a quick flight over to Hong Kong once a year with the Mrs, to keep me legal. 

Edited January 29, 2019 by graham59