HOW WE SAVE BIG Money In The Philippines

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@faronray5765 4 ай бұрын

Retired now in Cebu City. If I were to go back to the USA, our budget to live there compared to what we have here in the Philippines, would cost me $8500 a month. So $3000 a month here in Cebu City is really really cheap if you compare apples to apples. For a family of 4. I'm including everything we have here in the Philippines= medical savings, savings, helper/maid, traveling, private schooling, new car, medical insurance, repairs, taxes, eating out, coffee out.

@user-fn8gz8nx3k 4 ай бұрын

@faronray5765 that's awesome! May I ask what medical insurance can you get there in Cebu? Thx

@faronray5765 4 ай бұрын

@@user-fn8gz8nx3k My wife and I both have the cheap PhilHealth which gives 20 to 40% plus we have our medical savings account.

@Marker44 4 ай бұрын

Absolutely. USA is not cheap

@dsrrellgriffith1161 4 ай бұрын

@@Marker44 usa is cheap if u own your house, no car payment, have health insurance from job, cook your own food, not eating out all the time. Americans complain, but they drive new cars and trucks, high car insurance cause of the newer cars, a house not in their budget, ...People complain about food prices, but if u cook healthy then not expensive. I find good deals on everything, i do not eat junk outside. I do not buy the newest Iphone. etc etc ,,,Americans are just cry babies, who cannot control their spending habits,,,,boo hoo

@kathiemathias212 4 ай бұрын

Yes living in Philippines is cheaper but at an expense…. flooding, power problem etc. Philippines is ok for short periods but living permanently is a no no.

@curtsoltau5911 4 ай бұрын

Another opportunity to save money is to install a Solar System which will pretty much eliminate that cost too. I installed one in our retirement home in Lingayen which is 10 kw and it powers the whole house. We also sell the excess power in the day time back to the power company and then buy it back in the evening for a net effect $0.

@curtsoltau5911 4 ай бұрын

I forgot to mention the cost is about $15k for 10 kw and (2)) 5 kw batteries for back up power too.

@Marker44 4 ай бұрын

Would love to have just dont know if I want to commit the initial investment. Thinking seriously about it.

@Walt-ck5qn 4 ай бұрын

Hello Scott Cecile & Liam! You're a "Big" picture guy like me in covering all the bases with allowable options. Interesting and enjoyable topic and content; thank you for sharing! Continue to be safe, happy & healthy.

@Marker44 4 ай бұрын

Thanks for watching!

@Walt-ck5qn 4 ай бұрын

@@Marker44 Wouldn't miss an episode, thanks go to you and Cecile!

@bigdave5946 4 ай бұрын

I would save quite a bit on just taxes water and sewer cost roughly 13k a year alone plus another 250 a month in natural gas . My cable and internet is about $300. I would definitely look into a backup generator for brown outs .

@servi54 4 ай бұрын

@@bigdave5946 for the interest you will only pay 990 pesos per month fiber connection

@stecar9122003 4 ай бұрын

My in-laws got flooded in Meycauayan, Bulacan but most important they're all alive. When I sell my house that my older brother was living in I'm going to use some of that money for solar so that I can save on electricity and get some new furniture for the house in Silang, Cavite. The house in the Philippines has been paid for. I think that rent is more expensive in the cities than it is in the provinces. After I get the solar installed I might see if it's possible to get aircon installed downstairs but I probably won't have any aircon in the two spare bedrooms because it's only seldom that anyone is in those. If I get anyone that would stay there for a while then I would probably buy a window aircon. That way it's easy to remove it until it needs to be used again especially to help keep unwanted people from having easy access into the house.

@Marker44 4 ай бұрын

Good to hear your in-laws are doing well.

@RAYMOND-nz8dp 4 ай бұрын

Nice video, good honest info. Thanks

@Marker44 4 ай бұрын

Thanks for watching!

@servi54 4 ай бұрын

When you retire I think it’s better to live in Davao one if the safest place in the world to live and there’s a lot of good university in Davao

@reymundollupar8012 4 ай бұрын

Yap good day folks , since Philippines is phone for low pressure , we need to be wise in choosing the area where we may build our house it should be in a quite higher area from a national road to be safe in the future

@Marker44 4 ай бұрын

Thanks for watching!

@servi54 4 ай бұрын

In Davao it’s very clean you cannot see any garbage on the street compared to other place

@homestylethrifting905 4 ай бұрын

Ilioilo city has been the cleanest city in Philippines so far.

@servi54 4 ай бұрын

Here in Mindanao manicure and pedicure will only charge 200 to 300 pesos home service

@theresa1017 4 ай бұрын

A lot of saving in the Philippines but the earnings is not the same .

@xaviervillasenor7622 4 ай бұрын

My wife lives in Saysain weather is getting better

@Marker44 4 ай бұрын

Good to hear!

@servi54 4 ай бұрын

Water here is cheap and for drinking alkaline 35 pesos each and for the other 25 pesos and 3o pesos like mineral and other type

@earlpal-ing9332 4 ай бұрын

The prices of commodities are cheaper in Davao, Cagayan De Oro City, and Iligan City and most of the hotels are cheap too compared to other Cities in mindanao. In these Cities i mentioned, you get to find a lot of varieties of Fruits and Fresh Vegetables. If you live in Cebu, it is quite expensive, our electricity with Aircon, we spent 5thousand pesos per month, food cook in the house with snacks we spent 8 thousands pesos per week budget, i spent budget of 6 thousands per month for my children public jeepney transportation. The conversion of 1 US dollar to peso is 50+pesos. The foreign retirees are more way better if they spent their money in my country. The government of the Philippines is now working to include the foreign retirees to be entitled with discounts in establishments which is coming soon. So foreign retirees can have more joyful and memorable way of life in the Philippines.

@servi54 4 ай бұрын

Fresh vegetables and fruits are cheap in Davao

@Angelwinggs 4 ай бұрын

True electricity is expensive than we paid back in Australia. Too many brownouts 😂

@douie4529 4 ай бұрын

There's alternatives solar or wind power

@martyg1717 4 ай бұрын

One thing this video shows spell vastly different the United States is, I own my house in Florida property taxes only $1,100 a year on a new built 22 with three bedroom house half acre I actually live cheaper here because of the high food cost in the Philippines I tried it for over a year too expensive with no services so I came back to the United States to live cheaper

@robertriley2863 4 ай бұрын

Taxes on the house 3000 a year,insurance on the house 900 a year. car insurance 2200 a year Medicare part B 174 a month supplemental plan 310 a month,cable 157 a month Verizon wireless 109 a month Garbage collection $50 a month,water 26 a month,electric 120 a month. That’s all of the necessities I can think of so far.

@robertriley2863 4 ай бұрын

17,452 😢

@KrayPurn 4 ай бұрын

Solar is the way to go. I say that because anyone who thinks that electricity is going to get cheaper in the Philippines is a Fool. There are simply too many jumpers and so as the number of jumpers continues to rise so will the cost of electricity for those actual paying customers.

@servi54 4 ай бұрын

For government water 352 pesos for 10 cubic meter per month

@Neal_only1 4 ай бұрын

Moving to Molino 4 near SM City Molino 5 br 3 ba 3 story home renting 25,000 P = $432 monthly Gated community 5 min walk to SM Mall❤

@servi54 4 ай бұрын

By the way I’m not from Davao hoping to change the place for security and we don’t have storm in Mindanao only rain when there is storm in Luzon and Visayas

@Marker44 4 ай бұрын

Thanks for watching!