Can you live off a €1000,- per month in Portugal?

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GoYvon

GoYvon

Күн бұрын

Пікірлер: 70
@gncl7599
@gncl7599 Ай бұрын
If you own your house yes... Most locals live with even less. Its pretty common to spend 50% of your salary with rent.
@GoYvon
@GoYvon Ай бұрын
Rent / mortgage are so personal (even more than what I talked about), I didn't include them. With a minimum wage of €850,- it makes sense that locals spend less.
@shumiyao
@shumiyao Ай бұрын
Near Lisbon, 20 EUR / day for daily expenses for a family of 5. 60 EUR / m for internet, mobile and TV. 30~40 eur for water. 40~60 eur for electricity. 13 eur / m for gas. Expense for Clothes, computer, etc. not included. Rent is like 1100 eur /m for t2 flat in apartment around where we live (near Lisbon). And 2 months security deposit, as well as proofs that you are able to keep on paying (if you are self-employed, it is very difficult to rent house)
@angelicapadro8433
@angelicapadro8433 Ай бұрын
I loved your video. I have been keeping spreadsheets for years. If you don’t see your expenses and income in writing you mind plays tricks on you to spend at random. Miguel is a lucky guy to have you keeping track of expenses. Lots of love from Florida.
@GoYvon
@GoYvon Ай бұрын
Thanks! 💕 I used a spreadsheet also (on top of the app), might start it again in the new year. Yes, it's easy to spend a lot of money on random things, especially with digital payments.
@jackbaldwin3649
@jackbaldwin3649 Ай бұрын
Excellent! So thorough.
@GoYvon
@GoYvon Ай бұрын
Thank you!
@premkumaran8896
@premkumaran8896 Ай бұрын
Thanks so much for sharing. We're a family of four from Germany in our second year here and still getting a feel for the place. But we love where we are (Silver Coast) so all's well.
@GoYvon
@GoYvon Ай бұрын
Read this comment after your reply to someone else. What part of the silver coast? North, mid, or south?
@premkumaran8896
@premkumaran8896 Ай бұрын
@@GoYvon about 20 minutes away from Caldas da Rainha, direction of the coast. Never too hot and never too cold.
@bibatuga5501
@bibatuga5501 Ай бұрын
Hi there! I think you might have a slightly different idea of what life is like here in Portugal. The minimum wage is €850, and a lot of people, especially retirees, live on even less. Where you're planning to live is actually really affordable if you're smart with your money. My daughter is around Yvone's age, and we live near Lisbon. I can easily get by on €350 a month, but I don't have a mortgage, of course. For groceries and other stuff, it's definitely doable. And about the dishwasher, it's actually more water-efficient. I saved a ton of money on my water bill. With that land, you'll be living like kings on €150 a month! As we say, "you'll only need to buy rice and sugar." Good luck!
@GoYvon
@GoYvon Ай бұрын
Hi! Thank you for sharing your numbers, appreciate it. I knew that the minimum wage is €850,- (hopefully the government will really increase it with €50, per year in the coming 4 years. €350, is really impressive! Do you have costs for insurances or transportation? I'm really impressed with your numbers, and they make me curious.
@bibatuga5501
@bibatuga5501 Ай бұрын
@@GoYvon Since we retired, we don't have to worry about rent. We buy what we need for food, but we still enjoy life. We only use the car for grocery shopping because we live downtown and can walk everywhere. We only have the required car insurance. As retirees, our healthcare is covered. Our monthly bills, like internet,tv and M.Phone, are around €20. We always look for deals on food, which helps us save a lot. We don't eat out much and we don't really need to buy anything new, we have everything we need. I always joke with my wife, "What's left to buy? We have it all!"😁
@GoYvon
@GoYvon Ай бұрын
@lolitabonita08 I've mentioned a horse a few times to Miguel, lol. But not to use as transportation. We're excited to start growing more of our own food. Once we're more established we'd like to spend time on baking our own bread, canning, making salsa and things like that.
@Kitiwake
@Kitiwake Ай бұрын
Dont use either.
@tania2918
@tania2918 Ай бұрын
In rural...yes, for sure! Especially if you own your home. Many portuguese earn less than that monthly.
@GoYvon
@GoYvon Ай бұрын
I'm aware of that, minimum is €850, if I'm correct. But I can only imagine that if you're retired; you might get even less than that.
@deliciouscolours
@deliciouscolours Ай бұрын
Thank you for the lovely video!❤
@GoYvon
@GoYvon Ай бұрын
Thank YOU for watching and commenting!
@jaymesturdivan3635
@jaymesturdivan3635 Ай бұрын
I'm so glad that I've found your videos. I'm very interested in rural Portugal!!! I was wondering if you could please explain the taxes, it's one area that I'm very unclear on. I'm currently in the US and on SS, I'm good at budgeting and want to create a self-sufficient homestead. Which is basically impossible for me here. I just want to know if I will actually be able to cover my expenses once I get there. This video is very informative and I appreciate it very much. I've just heard such varied explanations on the taxes, I'm hoping that maybe you can simplify it, if possible. LOL I'll understand if its a difficult subject to cover. Thank you for your videos and your time.
@GoYvon
@GoYvon Ай бұрын
The taxes... To be honest, I'm still figuring that out myself and don't have a full understanding of the system yet. Especially because I've been here for only 5 months. Taxes are high though! All of our building materials are taxed at 23% for example. For now I don't plan on making a video about it in the near future, but maybe later. Thank you for subscribing! 🙏🏼
@estevaocunha5302
@estevaocunha5302 Ай бұрын
As a Portuguese person currently living in Germany, this is happening everywhere. Cities are no longer attractive and economically sustainable. I do believe that with patience and a little money to invest right from the start, over time, it is much better to live in the countryside, planting your own garden and having your own animals. And I mean everywhere, not just in Portugal. The frenetic growth of cities, with more population and less means. Rents are extremely expensive, just what is paid and with one rent I could live very well for a month and still have some left over, this can also be seen in the monthly salary. There has been no increase in salary for years but the standard of living is constantly increasing. So I wish you much success in your new life.
@GoYvon
@GoYvon Ай бұрын
More and more people are looking to move to the countryside. Young people are starting their gardens, some living off-grid. Cost of living is getting higher and higher. Not sure about Germany, but I just saw that prices went up again by like 4% in the Netherlands last month.
@cfatal3290
@cfatal3290 Ай бұрын
How much did you pay for the car ?
@GoYvon
@GoYvon Ай бұрын
Less than 10.
@cfatal3290
@cfatal3290 Ай бұрын
In the USA you would probably be paying that just for Medical insurance. You need to plant some fruit trees asap .......oranges and figs and apples.
@GoYvon
@GoYvon Ай бұрын
As in like a thousand? That's wild! I have to say that the health insurance that Miguel had in China was quite expensive too (via my work). Trees, can't wait to plant them! Hopefully in spring. We definitely want oranges, apples, pomegranate, some berries. Maybe a different kind of fig (we have a few).
@insAneTunA
@insAneTunA Ай бұрын
@@GoYvon Spring is not the best time of the year to plant trees. Autumn or at least before the winter frost starts is the best time of the year. During the winter trees store the sugars from the leafs in their roots, and planting before the winter gives the roots from newly planted trees time to get established. So they can use all their energy that they get from those sugars to get the roots established. If you plant trees in the spring the trees need to establish the roots and grow new leafs at the same time, and that requires a lot more energy from the tree, and that might be too much when they also have to deal with very hot weather during the summer. And trees that do not have enough sugars are also much more vulnerable for pests and diseases. Pest insects can't digest the high amount of sugars from healthy plants and trees so they always go for the weakest plants and trees that have a low sugar content. It is not impossible to plant trees in the spring, you might get lucky, but the survival rate is much lower.
@GoYvon
@GoYvon Ай бұрын
@@insAneTunA Thanks for the info! Very helpful. Then maybe next year....
@olivebobo6885
@olivebobo6885 Ай бұрын
300€ is good for two people, my husband and I spend over $700 a month here in Florida.
@GoYvon
@GoYvon Ай бұрын
Just on groceries? That's so much! I didn't realize groceries are so expensive there.
@ruiaraujo6258
@ruiaraujo6258 Ай бұрын
Ya kidding me, if u're self sufficient in rural Portugal, you can do with 50 a month if you're clever. But don't get me wrong, it would be very hard to get to that point, but as a 36 year old Portuguese, I find it possible, and will do it soon, with a mere start investment of 10k. I can say that for sure. 10k and selling a little grass will do for me till I'm old, pretty soon. In northern interior. And that's per person, and note that I'll be building with terrain resources, wood and rocks and "adobe", only working myself and friends, so it will take a while, but it will be worth it. Honestly, you actually make it harder for us Portuguese to do this, cause immigrants raise prices, you know, but I don't resent you at all, we're all fighting here ;P
@GoYvon
@GoYvon Ай бұрын
€50,00 a month? I'd be very interested in hearing what you spend those fifty euros on. What about insurance and taxes (for your house / land), transportation, even materials to be self sufficient (seeds or seedlings that you need to grow your own food).
@ruiaraujo6258
@ruiaraujo6258 Ай бұрын
@@GoYvon Yes, you're right, like I said, that'd be a very hard figure to get to. And would require some investment on infrastucture like chicken coop, seeds and all those necesarry things for starting. But after beeing settled, that would be achievable. And obviously there would be no insurance and taxes at all. No1 really cares if you're on the interior on a far far away spot.
@ruiaraujo6258
@ruiaraujo6258 Ай бұрын
@@GoYvon Then I'd only spend it on things I can't get from the land. Like cofee, or shampoo, bolts and nails and those kinds of things.
@xTrengo
@xTrengo Ай бұрын
generally, one person will find it difficult to live on 1000€, two people will live comfortably on 2000€ per month
@GoYvon
@GoYvon Ай бұрын
Thanks for sharing your thoughts on it. Is that based on your own experiences? It's so interesting reading all the comments and the wide range of numbers.
@xTrengo
@xTrengo Ай бұрын
@@GoYvon housing takes the biggest slice. imagine rent is 800€...
@shiningwarrior1957
@shiningwarrior1957 Ай бұрын
De zorgverzekering in Portugal lijkt mij een stuk goedkoper dan in Nederland, zit daar ook een eigen risico bij?
@GoYvon
@GoYvon Ай бұрын
Niet zoals in Nederland, wel voor sommige kosten een eigen bijdrage (klein percentage). Ik weet niet precies wat een zorgverzekering in Nederland kost?
@insAneTunA
@insAneTunA Ай бұрын
@@GoYvon Ongeveer 190 per maand als je volledige dekking met ruime keuze inclusief tandarts wil hebben. Het is wat goedkoper als je voor mindere dekking met mindere keuzevrijheid kiest. Plus je hebt een eigen risico van 385 euro per jaar voor ziekenhuis behandelingen. En soms moet je tot 250 euro per jaar bijbetalen voor medicijnen, maar dat kan je aftrekken van het eigen risico. Afhankelijk van je inkomen krijg je een maandelijkse toeslag voor de zorgkosten dat kan oplopen tot 127 euro per maand voor de laagste inkomens.
@whistlingdiesel
@whistlingdiesel Ай бұрын
Sounds sound, no budget for traveling? cheapest way is Flixbus, but why not search for the holy grail in Tomar or drive to the enchanted forest of Mata do Bussaco 😁
@GoYvon
@GoYvon Ай бұрын
Travel! Not yet, hadn't even thought about it! Which is funny, because we love traveling. Maybe I need to look at that €1000,- and see how I can make some adjustments to include clothing and travels.
@clementekpo7606
@clementekpo7606 Ай бұрын
Hoi Yvon, I don't have a budget. But I know the amount I spend on most things in a month
@GoYvon
@GoYvon Ай бұрын
As long as you know what you're spending and where your money goes... I think that's most important.
@bibiijaz6238
@bibiijaz6238 Ай бұрын
My biggest expense, and I expect for most people, is housing. Then comes food and insurances. It’s ridiculous! I think a lot of people here live pay check to pay check, slaving away just to make ends meet.
@GoYvon
@GoYvon Ай бұрын
Agreed, rent and mortgage most likely make up the biggest part of the expenses. When you say 'here', do you mean Portugal?
@insAneTunA
@insAneTunA Ай бұрын
@lolitabonita08 In a lot of countries there is a housing shortage. And a lot of people make a lot of money from it. High demand and low supply means that everybody in the housing industry can ask high prices. A small empty plot of land in the Netherlands that is around 1000 square yards, at an average location that is nothing special, will cost you around 380k in U.S. dollars. And then you still have to built a house. You pay even more for the most desired locations. A homestead is not even possible in the Netherlands, unless you are a millionaire. And an attached 3 bedroom house in a row at an average location costs on average 380K as well, and then you have a tiny garden that is around 12 square yards, without a garage for the car. More desired locations with a garage cost a lot more. On a total population of 18 million we have a shortage of a million houses. People who can't afford to buy a house have to be on a rental waiting list for an average of 12 years. So these days the young people put themselves on that list as soon as they become adults for the law. When I was young it took on average a year to find an affordable rental house. It is a real shame because it totally holds you back in your personal development when you have to wait that long for an affordable house.
@bibiijaz6238
@bibiijaz6238 Ай бұрын
@@GoYvon Oregon, USA. I’ve give an arm and a leg to live in Portugal, especially since the recent election. But no politics on this channel, let’s keep it happy and hopeful lol!
@bibiijaz6238
@bibiijaz6238 Ай бұрын
@@insAneTunA wow! I thought we had it hard. I have this fantasy about getting out of America and one of the places I’d love to live is in the Netherlands. I’ll have to adjust that fantasy to include a multimillion dollar inheritance lol!
@GoYvon
@GoYvon Ай бұрын
housing prices is one of the reasons we decided against the Netherlands. We wouldn't be able to afford it. At least not a house with a bit of land.
@christinerogers3101
@christinerogers3101 Ай бұрын
I live in a small city in Canada. I am single and it costs $2200 a month including my mortgage. That would be about 1500 euros
@GoYvon
@GoYvon Ай бұрын
€1500,- isn't too bad in a small city. Of course, it depends on your income too and whether it's enough to live comfortably.
@johniepatterson3746
@johniepatterson3746 Ай бұрын
Are you crazy paying Greedy banks and intres rates going up wages not...its time to leave Canada...
@nomchenikoloski7729
@nomchenikoloski7729 Ай бұрын
😊
@christinebergmark9221
@christinebergmark9221 Ай бұрын
Algarve is expensive!
@GoYvon
@GoYvon Ай бұрын
Is it? Because it's more popular? Could you give some examples of prices to give us an idea?
@BRecuyer
@BRecuyer Ай бұрын
Where do you live in Portugal? 😘😘😘😘😘😘😘😘😘😘😘😘😘😘😘😘
@GoYvon
@GoYvon Ай бұрын
I live in central Portugal, between coimbra and viseu.
@BRecuyer
@BRecuyer Ай бұрын
@@GoYvon 🌹❤️💯👸😘💋💋💋💋
@hindubiok1959
@hindubiok1959 Ай бұрын
I have been keeping an Excel list since August 2018. a year after I decided to stop working and retire. At the beginning it was just for fun to see what my income/expenditure behavior was like. Since the last two years with the incredible price increases, it has shown me that maybe it wasn't so wise to stop working at 47. But who could have expected that prices would double in just 2 years? The three of us live on €3,500 and we only manage that because I paid off the house in full before I retired. We don't live a luxurious lifestyle, but with 215 euros in electricity, 300 euros in heating and much more per month, life in Germany has become very expensive. We have been thinking about emigrating for a long time, Germany has just become cold and very unsafe. We no longer feel safe since 2015 and want to leave the country. Unfortunately, we haven't found a place that all three of us like yet. But maybe Portugal also has an idea. thanks for your video.
@premkumaran8896
@premkumaran8896 Ай бұрын
We can surely relate to your feelings, what with having two small children. We didn't like the atmosphere in DE, especially what was being taught in schools and kindergarten, so we made a few scouting trips and then left. We're still very much newbies here but the people are wonderful and the kids feel safe and great. If financially possible, try and find a place you could rent for a year or so here to get a better feel for the place. 3000€ p.m. is surely enough so don't give up on the dream just yet.
@GoYvon
@GoYvon Ай бұрын
That are quite the prices for electricity and heating, no wonder people are struggling. If you look at your spreadsheets and compare 2018 with this year, what kind of percentage increase do you see? What makes you feel unsafe in Germany?
@GoYvon
@GoYvon Ай бұрын
Where in Portugal did you move to? Good to hear that the children are feeling sae now.
@premkumaran8896
@premkumaran8896 Ай бұрын
@@GoYvon Whilst crime is not rampant, many cases of young, mostly migrant youths, rampaging in towns etc. and the police are clearly overwhelmed. Also, the gov is determined to have unchecked illegal migration so I think it'll get worse soon. In general, I don't like what Germany is becoming. We were lucky that I could take my work with me so left.
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