Unlocking the Secrets of Wealth and Wisdom in the Philippines

Does Moving to the Philippines Make You Richer and Smarter?‪@paulinthephilippinesolddog9234‬ I examine the cause and effect moving to the Philippines will have on both your budget and your brain Without the stress of everyday life in North America, can a move halfway around the world not only improve your outlook on life, but set in motion a plan of attack to better budget your money, and live a life of satisfaction and victory. #retirement#socialsecurity#budget

[@vremerman]

I still want the boat.

[@kurtsummer4695]

Or a cruise ship...? Yeah...a cruise ship!

[@tryscience]

I'm told the two happiest days for a boat owner is the day you buy it, and the day you sell it😅

[@mikeschultze3135]

​@@tryscienceThat goes for Airplanes & Homes too ✔️

[@CaseyJones-yj5kn]

Anything that flies, floats, goes fast, or does something else that starts with f, cheaper to rent 🤪

[@jerrypauling7809]

I just gave away 2 nice boats, one to my best bud and one to my son at my age it became to much work and $

[@auroraalmeida3184]

Living in the Philippines made you a better person. Yes, you don’t have to be rich to be happy.

[@bobcartell9927]

but it sure does come in handy

[@oncall21]

Borrowing money that you don't have to buy things that you don't need to impress people you don't even like is a one way ticket to misery. Great vlog Paul. Thanks for sharing!

[@-goldfinger2695]

I AM RICHER I now have a fuller simpler life and that I found true friends with no personal agendas but to enjoy life and watch the grass grow. Life is simpler in the Philippines The excess weight on my shoulders have lightened. I AM SMARTER My mind is sharper and clear to appreciate lifes simple pleasures, to help others then to help myself. I now live and enjoy daily, rather than wake and dread the day before me. LIFE IS GOOD HERE IN THE PHILIPPINES no dought about it 😊

[@regoparknyc]

Nicely stated Mr. Goldfinger. I like the videos you have appeared in with Paul. Hopefully some more are produced if not with Paul, then with one of the other local vloggers.

[@mortonkelsey7125]

You have won, so happy for you. This is the way to contentment in life. Very valuable lesson for everyone. Thanks for this video.

[@tccdlinux1471]

I retired last year after 32 years as a college professor. Spent 6 months in the Philippines and what a stress free life. Went back to US and stress. Back in Manila now for 4 more months it is great.

[@youngandfree93]

Why stress when you go back home. Filipinos have enough of stress here for sure

[@ghostdance56]

Typically, the experiences you gain in foreign nations makes you 'wiser' and more well rounded, if not smarter. This is especially true in the Philippines.

[@tomcataleno9128]

Very good,,thanks for your info,,,

[@michaelreinhardt8701]

Hey brother I love the channel , you got some genuine authentic wisdom

[@Go4Corvette]

I retired this year at 62 and receive about $1800 a month SS and still live in the USA. I moved to Oregon from California and cut my expenses in half, have a nice one-bedroom apartment, no more credit cards, no more truck payments, and now have about $200 a month left over. Am happy and have a very small saving but good enough for me. I sell on eBay and this gives me something to do and a little extra money each month. Not as fun as the Philippines, but I will survive for now. Take care, Mike

[@leonardmarlin4330]

Your not living in Portland. Very expensive. Maybe Eastern Oregon. Pendleton or Ontario

[@MrArcher181]

Good move. If you like living in the US it's a great choice. I moved to the Philippines almost 8 years ago and love it here, but I rarely step foot in the expat meccas like Dumaguette. It costs me as much to live here as it would in the states. Don't believe the nonsense you hear from the endless vloggers looking for subscribers.

[@DumagueteCatRubber]

So if you know you'll have more fun in the Philippines, why don't you just make the move?

[@leonardmarlin4330]

@@MrArcher181 I agree with you. We have our house paid off here in the Philippines and our duplex paid off in the states. I can honestly say we actually spend $2,200.00 a month here in the Philippines and maybe $1,700.00 a month in Florida. Why the difference, because I live right next door to my wife's Father, Mother and younger sister. They cost us $500.00 a month in food and electricity every month. So no not everything is cheaper in the Philippines.

[@MrArcher181]

@@DumagueteCatRubber I did make the move 8 years ago.

[@cynthiafernandez5584]

You are soo right Paul, I know the feeling !

[@johnconstantinelegaspi2790]

You're nearing the 100k subscribers Paul. Hoping that my fellow Filipinos appreciate what you are doing to promote our country and subscribe to you as well.

[@oozlefinchoozlefinch1376]

A wise man once told me, “It is not how much money you make that matters; but how much you can save.”

[@garrettimes4548]

how much you Keep yah. Taxman gets Jan- April paychecks...

[@addictcar69]

That wise man is poor 😂😂😂

[@DHarri9977]

A wiser man once told me at some point you realize that you're not going to be taking any of it with you when you die so while saving resources in this case money is good, don't forget that it's okay to pick various points and spend some of it and enjoy your life you only get one shot at it.

[@ronjclm8590]

Inflation taught me not to save the green paper in the bank. Inflation is engineered theft. It's no accident.

[@brianleonard6885]

my mom told me this from a kid and told me her father told her. she has been amazing I'm much better now but boy had I listened to her I'd been so much better. ❤

[@barrypress3704]

Hi Paul interesting topic

[@samlolham2327]

The happiest people I know don't have the best of everything. They just make the best of everything they have.

[@troymoses8405]

Excellent insight Paul, here in the States it is still the consumerism mentality. I gave up trying to keep up sometime ago and couldn’t be happier. Thanks for sharing and blessings to you and Mae.

[@brucesnyder690]

Retired expat from the US living in Thailand five years. Yup, cost of living here is a fraction of the US. Less stress and bs. Much better quality of life, weather. Great people, friendly and nice. No more useless "stuff". Have a great Thai Wife. Plenty of travel. Do what we want when we want to. Life is great!!

[@herbwitt7710]

Thanks Paul for all the good advice. Always enjoy yr videos .. Thanks👍

[@tryscience]

Paul, what a positive pleasant video 🙂👍

[@skaidimusic]

Moving from the Philippines after 10 years made me richer, but smarter I'm not sure. Maybe I'll move back one day since I've managed to save some money hehe. In the Philippines, I only rented since I wanted the freedom to move around if I was bored or if I didn't like my neighbors. Budget is the main thing and we all have different standards of life. The reason many people make wrong choices in the Philippines is alcohol consumption. The fact that it is cheap to drink from sense and gathering does not lead to anything good and it often leads to deaths, accidents, and hospital stays and such things are not free. If you mix that with choosing the wrong woman, you have a financially deadly cocktail. If you are sensible and do what you planned before you leave, it will probably go well. I myself have children of school age and that was an important reason why I moved to another warm country with a high level of education. Probably the first time I haven't been selfish 🙂.

[@charlesanderson6986]

Cool video

[@nevergiveup-db6fp]

Nice talk Paul 😀🌴🌴🍺🍺

[@HexFlex-ss9rm]

Brother you have a great speaking voice. Your speaking straight facts, I catch myself doing these silly American 🇺🇸 things all the time. But…. I’m watching it now 🎉. Thank you sir.

[@oliviar267]

I admire your ability to be vulnerable - best wishes Paul!

[@ETprepper]

SO TRUE Paul! Glad you said this. I'm so sick of the American "Dream"

[@eddieslittlestack7919]

Another great video Paul

[@aborne7]

Thanks!

[@paulinthephilippinesolddog9234]

Thank you!

[@jspice-kl2wc]

Great video sounds like moving to the Philippines was the best move you have made. Thank you so much. 👍👍👍

[@MikeHoncho884]

I love videos like this, so inspiring!!! I’m 57 years old going to retire at 59 I’ve been debt free for close to 10 years!!! I drive a pick up truck with 244,000 miles on it!!! Yes, it’s Rusty! Lol I am getting real close to liquidating all of my BS that I’ve collected in my house for the last 33 years. I’m going to renovate the house get it ready to be a rental property. My pension is going to kick in in the fall of 2025. If I prep now I will be able to leave the US quicker when I retire!!! Back when I started in my trade, you only had to work 30 years and I know it’s 35. What a bummer!!! Just to think that I could’ve been in Southeast Asia for three years already it’s kind of depressing! Oh, well I’m using this time to prepare myself for my departure when I retire !!!!

[@saleemakhtar87]

Intelligent & good execution equals harmony & money.....good job....YES YES!!!

[@bigdreamsphilippines]

Great video ! Honestly the day returned home from the Philippines 🇵🇭 I looked around my gadget fill home and said what the hell am I doing ? Buying stuff because I was bored ! Since then I’ve saved about 75-80 percent of everything dollar I make and started selling everything I don’t need . It’s been a real eye opener !

[@bobcartell9927]

But if I don't need to save anymore buy gadgets and have fun. I never get bored and the assets keep growing

[@TexasT-Bone1970]

Enjoyed the sharing of info. Have been in Philippines for 5 weeks. Just moved into a new condo in Mandaue City. Haven't done any traveling yet due to getting things situated. Not sure what my monthly expenses will be yet. I expect my electric will be a little high because I prefer cooler temps for sleeping. Keep up the great work.

[@stannmcb3]

Living on a boat in a marina in the California and paying $400 a month for a hole in the water to park my boat in. Your right. It’s not how much you make but how much you can save. Also living with the floor space equivalent to some people’s walk in closet keeps you from hoarding unnecessary purchases.

[@rorymcallister1260]

Hi Paul I absolutely agree with you 100%.

[@Mexicobeanpole]

We’re retired in Mexico. We’ve had the boat. We’ve had the fancy car. We’ve had the house that looked like a magazine. We enjoyed them when we had them. But, as we’ve gotten older we don’t want the upkeep and responsibility that comes with “things”. Now, my husband wants to buy a house here. I’m liking the “I can up and leave whenever I want.” Our lives are much simpler now. I swear, even food tastes better and the sky looks bluer when you don’t have the responsibility of “stuff”.

[@Expat_in_Moises_Padilla]

True wisdom

[@zoraster3749]

Amen

[@mikefay100]

I can relate to your story. Congrats!

[@cluelessinky]

My wife and I are in our 70s and when we retired we decided to sell our house, buy one near our daughter and settle down to a life as grand parents. Everything but the house came to pass. We rented an apartment and found that not having to worry about maintenance, taxes, etc was so comforting that we altered our plans and will live an apartment for the duration. If we need to move in a hurry we can with little or no fuss. Life is good.

[@raymondking1793]

Hi Paul it's Your friend Ray from California, Thank You for the information and Video. Unless You make at least$4000 a month a person can not afford to live in California or the United States. Inflation is outrageous and unbelievable, So I appreciate your Honesty and point of view Thank You for Your Friendship and May GOD BLESS YOU AND MAE 😇🙏😇

[@CarlosHernandez-yy8ic]

Great job Paul. Glad you are happy and doing what you like. What a wonderful transformation.

[@aborne7]

Your conversation skills are better than mot TV hosts! Very enjoyable listen

[@farawayfred802]

Great video and very timely for me. I'm retiring in a month and my wife and I are headed for Chaing Mai Thailand.

[@Baloybeach]

A rather silly video. Moving anywhere cannot make you Richer or Smarter. Just a video for you to post and make a few pesos.

[@mtkidbigsky7230]

Very well said!!!

[@gregpraetz5342]

Another excellent video buddy

[@stevebrown1593]

You start making money on KZbin at 1,000 subscribers = $140.00 a month You now have 76,000 subscribers = $1,064.00 a month + Social Security = $3,064.00 a month!!! The average middle class person does not even have $1,000 in their savings account. You shouldn't fudge the figures just to make yourself look better. You know all it takes is one trip for a retired person to go to the hospital and their entire savings is wiped out.

[@jimmyhvy2277]

Saving money ? Interesting Idea .

[@davea3329]

You nailed the credit card dynamic in the United States, Paul. What stuns ne is how much people are willing to pay for live entertainment here. People easily pay $1k USD for Taylor swift or Adele concert tickets. Great performers but the prices are nuts . Also , Vegas used to be a value destination, prices there have gone through the roof. I think a lot of people are using their credit cards to buy the nice to have items.

[@americanedokko2782]

Today, Vegas is a money pit. Absolutely bonkers if you stay on-the-strip. I will visit Vegas as soon as I become a billionaire.

[@brucesnyder690]

Wouldn't waste money on any of those performers. Never been to Las Vegas, never will. Tetired expat living in Thailand five years. Every day is great!! Would NEVER go back to the US.

[@brucesnyder690]

@americanedokko2782 never been there, never will. A cesspool.

[@johndoh5182]

To be clear on the median. The median is a mid point. It's the point where 50% is above that point and 50% is below. One has to think about what the median means in any context. For savings, 50% of the households (I'm assuming that's how the figure is given) have less than $6,000 USD in savings. I think it's safe to say that 75% of households have $10,000 USD or less in savings because with something like income or savings, there's going to be a bell curve and the median is going to be somewhere near the high or low point of that bell curve. Or depending on how you display the data, if you were showing savings based on income, you'd end up with a linear looking graph up to about a certain income level, and then the graph would look like exponential growth as incomes start to get really large. The main point being is you have to think about a median very carefully before you make assumptions on what it means. 50% above and 50% below (the middle point) is typically much better though in looking at financial data for a population for getting an idea how a good chunk of that population is doing.

[@Cowboysfan4ever]

I have to be honest, like most expats who have a pretty decent retirement I want to travel as many islands as I can before I get too old to want to do it. It doesn’t mean I don’t keep some money in reserve and about $20,000 in credit cards in stand by.

[@danitzm]

If your so much smarter why do you still smoke. (Yes that was a snarky comment but I been giving you nice comments for awhile but with fans like myself who needs trolls). I am 62 retiring August 1. Hope to meet you this winter.

[@jackhillock1001]

I'm to old to be moving anywhere but I am debt free totally. That's a great feeling no matter where you live. Good video Paul.

[@bernardknowles8421]

Wise words 👍

[@robertpinkerton940]

There is an old saying, "Gosh, I wish I knew back then what I know now!".

[@williamh.schmidtjr.7614]

Paul, This was a very good video. Thank you! Will

[@brucesnyder690]

You need help with your math.

[@timhusk2913]

3:42 Yes less is more and since my trip I've come to realize this and have started to downsize 😂

[@Zoet50]

You’re a wise man , however everything you’re saying can happen anywhere. It’s more a mindset versus a location

[@Bicolkano]

This is a great topic and really great info for people in the plaining stage to retire. There seams to be so much to do leave the U.S. Selling everything, selling the house and finding a short term rental until its time to leave. Where to keep money, also as you mentioned about phone service. What to do about a US address and mail service. Its a lot. Thanks for this video. Awesome info for me.

[@fialee8]

It's all relative to the goal post. The level of economic security is very different when a $2,500 SS check when the average household income in the Philippines is $400/month (that's over 5x than a typical household). When talking to other expats, everyone left the US for a reason... be it lack of $$$, chasing young girls (or boys), or running away from responsibility. Does that make you richer or smarter than someone who is in the US? It just depends on each person.

[@charlesphilhower1452]

Actually it does make the average person richer because the cost of living is lower, especially for someone retiring and is not In position to make a lot of money. As far as being smarter, there has been a dumbing down and entitlement in the USA and people tend to be more resource than so many entitled Americans. Family values are also more important, the way things used to be in the USA and because of that many people are happier and better adjusted psychologically.😊

[@ghostdance56]

You just wrote that it makes you richer, 5X's typical household, hello?? While thats a little inaccurate, if you're in the Philippines, that IS your goal post. None other matters. And don't forget sexual crimes with young boys or girls are FAR more harshly punished in a Filipino prison than they are in the US, so pedophiles while existing, do not roam freely in the Philippines, in fact, far less than in the US, which seems to now be incorporating the grooming of children into it's culture. You can be jailed for cheating on a spouse or being with a young person who's not part of your family as well in the Philippines. But you're wildest speculation has to do with 'running away from responsibility'? Thats simply ridiculous, and no expats told you that because no one talks about themself like that. What they will tell you is that life in the US became boring, offered nothing fulfilling or exciting to them, or that Americans generally have become just creepy and unfriendly, not to mention the rampant crime. Most expats are retirees who just want to have something interesting or fun to do, rather than rot away in a society that offers them little at their age. Who do you think you're fooling? Keep your hostility and hangups to yourself.

[@MarkThornton-d8c]

How did you know i came here for the boys ?

[@ghostdance56]

@@MarkThornton-d8c - I had you pegged as the one running away from responsibility. This guy got excited when he realized there's such a thing as exchange rates. LOL

[@MarkThornton-d8c]

@@ghostdance56 the exchange rate did get me excited , but the young boys give me goose bumps

[@timothydarling646]

Totally agree with the credit card spending as opposed to cash, makes you think before you spend.

[@RetireandGo]

A good travel credit card that has no overseas transactions fees no conversion fees helps too

[@youngandfree93]

​​But that's to make you spend more than you otherwise wouldn't. Nothing is free

[@gibblespascack1418]

Are you smarter? Well yes. Is that an opinion? No. It's a part of life. When you exercise your mind, it makes you smarter no matter how old you are. So moving to the Philippines is like learning a new language. You need to think about everything that is new, and everything that you encounter like changing money and acquiring services. When the mind is active(insead of reflexes of every day life) you grow more brain cells and connections. That makes you smarter. Change requires growth and exercising your brain is a great thing which makes you smarter. As for less expensive life, I would have to say that Baby Mae makes your life less expensive just by being who she is. You are probably the expensive one in the relationship only by being an American and having needs. Sorry...

[@luismedina8502]

Paul great video as always, you should show the doggie a little more on the videos.

[@puckster61554]

and consider rising costs like food, fuel, electricity, etc

[@randypi91]

Flashback to 1993. My brown child bride arrived in the late, great USA. She asked “why do my Filipina friends get to buy a lot of stuff and they have credit cards.” I answered “Maybe when the bill comes due they have an unhappy partner.” Back to 2023. Wife has no bills, multiple paid off properties. No stress, no headaches and a happy life. So many girls just want to arrive, get a sports car and ride to Wal-Mart.

[@pauljensen4773]

I won. I live on 15% of my income. HAHAHA I'm rooting for you old dog.

[@martinagnew7508]

You may not feel the need to keep up with the "Jones's", but some Filipinas feel the need to do so, and it takes a strong will and a thick skin to constantly be saying "No" to them when they try.

[@CaseyJones-yj5kn]

I wish I had a small cut of every G or LV purse that was purchased in the States by a Filipina 💵 They love their branded goods. I’m just as guilty…love my sea doo, Polaris, and Kawasaki 😂

[@rabidfarmer9765]

YOu ain't rich if you are living off S/S. Your money will go farther in 3rd world countries. But you are SOL if you get sick or have lots of medical issues. And getting a young pair of legs is a nice perk.

[@u.spatriot6469]

This video is a joke. This video means nothing if you are on social security and get sick. Or worse yet, if they took the vax

[@rcdyer]

If there's one thing I have learned after 60 years it is that less is actually more..

[@tongso2584]

😀

[@glennandthefilamfam]

Hey Paul, I'm going to be in Negros Occidental South of Bacolod for almost a month. I hope I can meet you and do a video if I make it down there.

[@patrickmchargue7122]

Ah, wisdom. Something that, now that we're old, we all wish we had whilst we were younger.

[@youngandfree93]

Not all of us are old watching this 😂

[@patrickmchargue7122]

@@youngandfree93 Glad to hear it.

[@davidtesler1198]

Never cared about the Joneses, I was raised to be frugal and I am now grateful

[@garymoody1448]

Good topic and video Paul. Keeping up with the Joneses is way overrated based on my 70 years. Good health, contentment and staying busy with what you like is what counts. Long-term past resident of South Florida. Flaunting wealth is everywhere and phony. If you have the money, sick and miserable too bad. Not me, no debt, good health and content...making ends meet only. Phil's or Mexico on my radar.

[@malikkweli8627]

Thanks Mr. Paul...very insightful and helpful...God bless💯👍

[@leftyinhesperia1662]

I don't understand Paul. I thought you had a nice new car and a couple of motorcycles. You live in a nice place and travel more then most. I used to have the big house and new car every few years. But now I am happy living in a small 600 sq ft apartment, drive a 2007 car, have some older motorcycles and an old 1979 boat. I do like the material things but I don't need to get anymore or better to be happy. Now I want a simple life with a simple woman.

[@marshallmalone3870]

😊keeping it real.

[@youtube.experiment]

This video is sounding like something Dave Ramsey would say... He is totally against Credit cards... He likes cash as you feel the pain by paying with cash not by paying with plastic.

[@gregpraetz5342]

Relatively smarter for sure because well.... I've said enough.

[@jigyjigy2749]

Simple Living is the best to be in LIFE -- place to LIVE, Sleep, Rest, and meet GOOD people. No more politics "DEMOCRAT - REPUBLICAN" in LIFE

[@youngandfree93]

Don't watch tv even back home and you won't even care. Doesn't matter location

[@scottward1002]

Hey Paul what is your combined income with the money you make from KZbin and social security✅✅✅✅

[@RetireandGo]

Great topic. The Philippines can ave money in retirement and that can mean more financial security for years to come

[@michaelbelnap6112]

Paul you are awesome. So down to earth so real. Love watching your videos.

[@jimmymac4559]

Wherever you go you’ll be sure to find yourself there.

[@arby8217]

Very well said, you're one of my 3 favorite vloggers from Dumaguette. You're very humble guy, Blessings!!!!

[@valeriek5020]

There is a lot to comment on this vlog. You are an American who lived the American dream. Some dreams turned into nightmares like yours because you were not insistant on living within your means. The American dream can be a reality, but it takes work and balance needed to make it happen. Finding the right partner is a prerequisit. We do our best to choose wisely. Your retirement involved a move to the beautiful Philippines. Your fatherly duties were complete and it was now all about Paul and you were justified in that decision. A tough beginning, but where you landed ended in success. I would think that because of the location you live where there are many foreigners, life with familiarity worked very well. You were steadfast in keeping your masculinity in every aspect of that word.......................your retirement, your life, your way. You met a filipina who fit into that lifestyle and she lives her life and lets you live yours and you both meet in the middle at the end of each day and balance a relationship perfectly. You did not pick a filipina who was too young and immature, had no children to tie both of you to a life you had already lived and was not wanting to do a repeat. You rent and have no ties that would put stress on your life. You are now in a place where the man you were is the man you worked hard to be. Live life to the fullest, you desire that.

[@sandrabentley8111]

Plus Baby Mae doesn't expect him to build a mansion, she seems quite happy with what they have.

[@valeriek5020]

@@sandrabentley8111 I agree. With the influx of foreigners, that may change as the foreigners can provide what the new generation of filipina wants and if one gets it, why can't the other. Gossip must be rampant in Dumageti as the simple woman is taking on a whole new lifestyle. Time changes things and I hope after watching so many vlogs that this particular situation is successful.

[@georgetinant9486]

Very good advice!! People should learn from you Paul !! Really good stuff!! Thanks

[@ChasingTheSun1967]

Brilliant. This is inspirational for any expat who wants to make the move and get out of the rat race. 👌.

[@CarlWithACamera]

A rich person is someone with high income or net worth who tends to be self indulgent. You can spot a rich person a mile away, as Paul says, they will be driving the expensive vehicle, their watch or jewelry will flash brightly under the sun, they will own two or more of things for which a person needs only one. A wealthy person sees money differently, as a steward of the gifts bestowed upon them by good fortune or their own efforts, and will seek a simple life punctuated by quiet charitable contribution and non-materialism. You'll see them coming when they know you have a need, as they are often looking for ways to lift others up.

[@brentonr7981]

Thanks Paul. Live happy. No point being tbe richest man in the grave yard...

[@UncleJam5624]

Hey what happen to the street view videos? Cruising around town inches away from disaster, was great😃😃😃

[@safetynetzero]

Hey Paul... I'm Jerry. Have been watching your videos for a while now and enjoy them immensely. You have the ability to express yourself very clearly. Anyway, I've been living in Davao City since September of 2022 and remember watching your video about TRT (testosterone replacement therapy). I would like to ask you a quick question about the medical treatment you found in Dumaguete but don't know how to contact you (I'm a social media neophyte). Your help would be most appreciated. Thanks!

[@paulinthephilippinesolddog9234]

[e-mail]

[@davidhelfert7249]

Love it Paul old dog wise man 😊❤

[@kimglarbo7005]

Hi Paul 🙏Thanks for another nice video and story from real life 👍🏼😊Nice to meet you in Dumaguete by Tom and Tom's on June 12th 11 days after I arrived here in the Philippines from Denmark 🇩🇰🌞🙏

[@johndoh5182]

My experience with credit cards in the US is a love/hate relationship, but I have cards that offer no interest when spending a certain amount of money, and spreading the payment out over a period of months. I haven't paid interest on a credit card in a couple years, and even then it was for 2 - 3 months. I can go back about 3 - 4 years and that's the last time I was paying interest on a regular basis for a credit card. Also, by using a credit card for gas, the inverse is true for me in that it keeps me from going into the store because you can pay at the pump. I'd be more likely to spend money buying a drink or snacks if I used cash, because I'd have to go into the store. So, credit cards are a neutral thing. For me I like the convenience. I can use them to pay bills instead of a bank. Maybe this sounds strange but I earn rewards for using my card to pay bills for which I get free money. So, I pay all my bills via direct withdrawal from credit cards so I don't have to worry about writing checks, EXCEPT to the credit card companies. This keeps bank info away from these businesses so less chance my info can get hacked other than credit card info, but credit cards are forced to eat illegal charges to a person's card. Banks have different rules. I find it safer to use credit cards in most situations in the US than a bank account. That's just me and my experience. But you have to learn to control yourself. It's very easy to rack up $10,000 USD worth of credit card debt when you don't have to pay interest AND you have the ability to make large payments, so spending becomes too easy.

[@QTEPYE]

Among some of elders in my circle of expats here in the Philippines, there is a saying - "How to make small fortune in the Philippines? Start with a large fortune."

[@mypov4343]

I would suggest googling social security cuts. Somewhere between 2033 to 2035 its possible that SS gets cut 23%. Plan accordingly.

[@graguitar6493]

Of course. I can afford a girl everyday in the Philippines. I can afford maybe 2 1 hour sessions a week in Australia. Way smarter moving to the Philippines

[@anthonynorris1016]

Maybe just more handsome ...... lol 😂

[@agoodlife2]

I’m disappointed I thought it would make me better looking

[@jon15711]

"Keeping up the the Jones who are broke buying things with money they don't have to impress people they don't really like" Dave Ramsey from the book The Total Money Makeover. Book that changed my life at 42 years old. When I read that line in the book I laughed because its so true. You really are living the dream over there as Dave Ramsey would say. Loved the video today. Thanks Paul. Be good this week

[@randypi91]

Dave always answers “Better than I deserve” when asked how he’s doing. I’m hoping to run into Paul, Mark, or Justin. Already in P.I. and go to Dumagete in a couple weeks.

[@jon15711]

@@randypi91 your correct Dave does reply better then I deserve. Just checking to see if anyone else listens to Dave. He used to open his show with another line I enjoyed. "Where the paid off home mortgage has taken the place of the BMW as the status symbol of choice"

[@emergencyshelterinvestment9950]

Absolute Incredible Insight !

[@prairiemark4084]

My father was a successful businessman. But after he went to the nursing home he sat with an interesting group at breakfast an coffee. There was prominent lawyer and politician and also a bigger businessman who was a multimillionaire. They all interacted like old buddies and there was not much consciousness of class differences. Dad was so amazed and one day he told me... "When we are here in the nursing home, we are all the same!" Old Paul sounds like that when he is talking about being in the Philippines as an old cadger and it sounds the same.