Philippines retirement on a Budget

The scary part is not really knowing the true costs of things in the Philippines. I'm here to tell you a $2000 budget and your golden.
If you are considering the Philippines to retire, you need to set a budget and stick to it.
Ill list out our expenses-you'll be awakened by the real numbers.
This is what I spend and if you have bad habits you'll probably be more.
leave your bad habits in the west and start new/fresh and enjoy life.

[@Cool_Breeze_Rockies]

Thanks for the Wise tip!

[@ericg9092]

Great info, and thank you for the Wise tip. It sounds like you've built a beautiful family and a good life in the Philippines. Well-done.
I wasn't familiar with the Samar area before seeing your videos - it's refreshing to see how inexpensive it can be to live there, and your breakdown of what it's costing you to live there each month is sincerely appreciated.
I look forward to your next video.

[@maudave]

Appreciate your comment,
Take care

[@ronaldgordon2374]

Thank you!👍

[@maudave]

@@ronaldgordon2374
Any questions, ask away.
Take care

[@TropicShade]

When we settled there in 2013, our house was already completed, so we had no major housing cost per se, other than elec. We set our total budget (not income) at $1,600 usd and we lived well with car and motorcycle. Because we cool the entire bungalow-style house 24/7, our electric bills will run from P11,000 to P13,000 per month. Today, it takes about $2,200 to live at that same comfort level and not want for anything (except a good pizza now and then). 🌴😎

[@maudave]

I think it depends on needs and wants for sure-getting western culture out of your mind as in, buying material things the costs goes way down for sure.
Just loving life is all I can say-it’s a real blessing being in the Philippines for me.

[@bradleymiller7375]

Newbie here, subscriber. I like the waybu think, interaction!

[@maudave]

Thanks and welcome

[@paulz6491]

Very helpful video, thank you! I was wondering how much you budget for health related costs such as insurance, doctor visits, dentist visits etc. Thanks again.

[@maudave]

I put away 5000 php per month.
$85ish per month.
My last doctor visit Orthopedic for knee back- 10 X-rays, doctor visit and prescription was under 7000php $120.00.
Dentist is under 10,000 php per year-$170.00.
Ear infection-doctor visit and ear drops 1600 php $26.50.
Very affordable.
Thanks for the question, I’ll do a video soon on outside the home expenses.

[@paulz6491]

Thanks very helpful information!

[@tomassalas7215]

Thanks for the video my friend.. I have already plan to trip there.. With my gf.. But, only 1000 budget.. She have 2 girls, 8 and 13..it will be so risky with that budget?? Of course, in 2 years I will increment my pensión in 2.5 k. Or better wait??

[@maudave]

$1000 budget would be tight-
As long as you have some start up money, so you can purchase your comfort needs- and it takes 4-6 months to settle down on spending.
You’ll need $2000 the first 4-6 months, adapting to the foods, and the overall spending habits.