Taxes are greatest expenditure points for me
igorip204,
Why & How so?
- #61
- May 25, 2009 11:25am May 25, 2009 11:25am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
- #62
- Edited 11:51am May 25, 2009 11:40am | Edited 11:51am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
I'm trying to reply from the top, but i'll make a little exception..... 
Just from the top of my head, Leon...
One fact would be, as with other equally poor countries, a person can/does live here with +/- $1/day. I'm referring here specifically to the financially deprived, but at least u get a picture.
What do u mean by nutritious food? are u an uber health buff like me too?
Area-dependent, u could have a place to stay for +/-$60 to 250/month.
Eating 3-5meals a day (appetite & eating preference-dependent), u can live off of +/-$2-10/DAY.
On the issue of robbery/crime, i think we are all vulnerable wherever we are (of course, much less in some other countries like UK, US etc)
Not sure if it helps, but it would be worth mentioning that many expats live here, one of the primary reasons is cost of living compared to their home countries. people from the US, UK, almost all parts of europe, japan, korea, have called the Philippines their second home, & many others still, deem our country as their final (retirement) home. [FACT: there was a news item 1-3months ago wherein a British guy decided to live here, once the current financial crisis broke out. ]
Hope this stokes your interest
Current FX rates (Estimate): $1 = $47 - 47.50+ Philippines Peso
How much money could I live on for 6months? Thats eating fresh and nutritious food and renting a Flat of reasonable quality in a good area.
Good area = somewhere I dont have to watch my back for fear of being robbed.
Just interested.
One fact would be, as with other equally poor countries, a person can/does live here with +/- $1/day. I'm referring here specifically to the financially deprived, but at least u get a picture.
What do u mean by nutritious food? are u an uber health buff like me too?
Area-dependent, u could have a place to stay for +/-$60 to 250/month.
Eating 3-5meals a day (appetite & eating preference-dependent), u can live off of +/-$2-10/DAY.
On the issue of robbery/crime, i think we are all vulnerable wherever we are (of course, much less in some other countries like UK, US etc)
Not sure if it helps, but it would be worth mentioning that many expats live here, one of the primary reasons is cost of living compared to their home countries. people from the US, UK, almost all parts of europe, japan, korea, have called the Philippines their second home, & many others still, deem our country as their final (retirement) home. [FACT: there was a news item 1-3months ago wherein a British guy decided to live here, once the current financial crisis broke out. ]
Hope this stokes your interest
Current FX rates (Estimate): $1 = $47 - 47.50+ Philippines Peso
- #63
- May 25, 2009 11:43am May 25, 2009 11:43am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
Dale good to see u viewing this thread.
melpheos, do join in too.
melpheos, do join in too.
- #64
- May 25, 2009 11:47am May 25, 2009 11:47am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
can you post this name, book and link here for us to have a look?
Cheers
Kingie
kingie_d,
i don't think it's illegal, but probably they just don't want to spoon feed u.
To help u, just check out the thread where aediaz1, belekas, compro99, & I sometimes post , the 1 thread we have in common posting on. it's really easy to find out.
- #65
- May 25, 2009 12:05pm May 25, 2009 12:05pm
- Joined Apr 2008 | Status: Parsimony Rulez! | 3,216 Posts
- #66
- May 25, 2009 12:21pm May 25, 2009 12:21pm
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
indeed, pipmutt.
of course, u can still opt to live beyond the prices (food & location/shelter) i've mentioned. we have those kinds here too.. it all depends on your lifestyle choices. Live below, within or beyond your means
I'm not that abreast with the latest, but i think the minimum wage is +/- $7 - 10/day (excluding deductables like Social security etc..). compare that to, i think, $3-20/hour wage in the US or even in UK.
U are amazed already, wait 'til u get here.... Bet u'd feel like a king here
of course, u can still opt to live beyond the prices (food & location/shelter) i've mentioned. we have those kinds here too.. it all depends on your lifestyle choices. Live below, within or beyond your means
I'm not that abreast with the latest, but i think the minimum wage is +/- $7 - 10/day (excluding deductables like Social security etc..). compare that to, i think, $3-20/hour wage in the US or even in UK.
U are amazed already, wait 'til u get here.... Bet u'd feel like a king here
- #67
- Edited 2:21pm May 25, 2009 2:10pm | Edited 2:21pm
I am seriously doubting that most who voted have actually made enough money to withdraw and USE their earnings toward things. However, they may be using the prospect of earnings to go into debt with their plastic cards? I have made about 10% this year with my smallish FX account, enough to probably fly to Maui and back from Chicago. Forget the taxi, hotel and surf board rental, I wont have enough left. Like travel, spending on anything else would be pointless.
I voted investment... since that is where it all goes, for now. When I make 10% in the first 6 months 10 years from now... I will vote differently.
I voted investment... since that is where it all goes, for now. When I make 10% in the first 6 months 10 years from now... I will vote differently.
The market is my nation. Traders, my family. Hello, brothers and sisters!
- #68
- May 26, 2009 12:46am May 26, 2009 12:46am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
I am seriously doubting that most who voted have actually made enough money to withdraw and USE their earnings toward things....
StockKJay,
point above well taken... like i said, let's take posts here with a grain of salt.
I voted investment... since that is where it all goes, for now. When I make 10% in the first 6 months 10 years from now... I will vote differently.
Can u elaborate, what specific investments?
Your future vote/s are very much welcome. I'm quite sure it won't take u 10years to achieve that..
- #70
- May 26, 2009 3:03am May 26, 2009 3:03am
- Joined Apr 2008 | Status: Parsimony Rulez! | 3,216 Posts
- #74
- Aug 28, 2009 11:49am Aug 28, 2009 11:49am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
- #75
- Aug 29, 2009 3:23pm Aug 29, 2009 3:23pm
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
it's been past 3 months now, so i'll make a BUMP.
i'll probably do this every 3-6months, just in case.
Again, to those who will be coming in & post, Thanks!
Hi supremeChaos,
Investing them in real assets like this.
...but I'd reckon it would probably take a bit longer than 3-6 months to add one of these....please give us a little more time than that...
Cheers
GM
Hear the music before the song is over ...
- #76
- Dec 8, 2009 12:44pm Dec 8, 2009 12:44pm
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
it's been almost 4months, so please allow me to... BUMP
again thank u to all respondents & Happy Holidays
again thank u to all respondents & Happy Holidays
First/Earliest "creative answer award" goes to you, Tjpld!
It seems that u prefer French cuisine...
In my place, the Philippines, at present FX rates (say $1 = 47-47.50+ Philippines peso ---huge broker/interbank spreads), Couquilles St. Jacques would only cost u about $12, at a posh place to boot --- Champagne room @ the Manila Hotel
(i just chanced upon this as i looked up...
- #80
- Jan 18, 2010 11:16pm Jan 18, 2010 11:16pm
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts