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At What Point Are You Considered Rich in the Philippines? 

Gio in the Philippines
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Комментарии : 334   
@GiointhePhilippines
@GiointhePhilippines 2 года назад
At What Point Are You Considered Rich in the Philippines? AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Travel & Medical Insurance & Covers Covid-19. Protect yourself from a travel emergency. bit.ly/36pHlVf ------------------------------------------------ My Top Dating Sites I recommend for finding a Filipina partner: #1 Dating Site to meet quality Filipina girls: Christian Filipina Meet Beautiful Christian Singles Today! They check every profile. Best overall results of any dating site in the Philippines. bit.ly/30bPjP8 ----------------------------------------------------- #2 FilipinoCupid is the #1 Filipino Dating Site with Over 5.5 million Members cupidlinks.com/?a=142230&c=1&p=r&s1= -------------------------------------------------------------- Filipina Love Connection 100% Totally Free filipinaloveconnection.com/ ----------------------------------------------------------- Book your hotel when traveling: bit.ly/38CvDgr or flight: bit.ly/3HzOB4w -------------------------------------------------------------------------------------------- Need a Throw away ticket, look no further $14 for a valid ticket ( I use this all the time). onwardticket.com/giointhephilippines ----------------------------------------------------------------- Gio's Essentials Traveling List (Must have items for living or traveling in the Philippines) Order today! giointhephilippines.com/shop/ ------------------------------------------------------------------ If you would like to buy me a coffee: www.buymeacoffee.com/italiagio71 ------------------------------------------------------------------------------- If you would like to help support my channel: paypal.me/GioSanTeaching ------------------------------------------------------------------- Visiting or moving to The Philippines? 1 on 1 Consultation with Gio: Contact me at: giointhephilippines.com/ ----------------------------------------------------------- My Patreon account: Over 70 Exclusive videos not found on RU-vid www.patreon.com/giointhephilippines ------------------------------------------------------------- Wise get your first transfer for free: bit.ly/2Z4xxfZ ---------------------------------------------------------------------- Check out my website for more information on the Philippines. giointhephilippines.com/ ----------------------------------------------------------------------------- Gio's Moving to The Philippines Checklist PDF: 1drv.ms/w/s!Ah6Pwkh_BLpPgb8Lvn5ag3G2QY_QZQ?e=xxRB4X -------------------------------------------------------------------------- Contact Information: facebook.com/GiointhePhilippines Contact me by visiting my website and clicking contact Gio giointhephilippines.com/ ------------------------------------------------------------------------------------- About me: My name is Gio and I left the USA over 5 years ago to travel SE Asia and live a better life. Follow my journey as I travel around The Philippines showing everyday life and travels. My channel: Reviewing different islands and cities in The Philippines as places to visit or live, condo and apartment reviews, dating tips, & how to travel and live inexpensively in The Philippines.
@vernondavis561
@vernondavis561 2 года назад
Kudos to you Gio in your successful blog. You have a great demeanor for it and I can tell that you are a very patient and kind person. The world would be a less interesting place without you in it. I bid you and Maya health and happiness.
@prepperjonpnw6482
@prepperjonpnw6482 2 года назад
Hey There - Gio what is the song that plays at the end of your video? I tried the song you have listed but its not the same. Thanks
@Sandboxer467
@Sandboxer467 6 месяцев назад
​@@prepperjonpnw6482ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-JbVJcWMysl0.html&ab_channel=Befun-Topic
@shortmemory
@shortmemory 2 года назад
At the point when she moves in with a foreigner she considers herself to be rich haha
@RayH-
@RayH- Год назад
That's the same everywhere.
@Taller-yl9yn
@Taller-yl9yn Месяц назад
Smell haterade
@rudes440sb
@rudes440sb 2 года назад
I should've enlisted at 17 to retire at 37. But I retired earlier this year at 55. I land in Manila in 26 days which will make me feel like 37 again. 😄
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Rudy, I think about that all the time. Would have, Could have, Should have :-(
@philippinecowboy
@philippinecowboy 2 года назад
Congrats!! Well at least you retired at 55, most people don't have that option and are stuck waiting on social security only. I retired at 50 with my pension, I feel very blessed!
@dennispetty4405
@dennispetty4405 2 года назад
Lol...yup exactly brother..you should've..lol..I enlisted at age 20 and retired from the military at age 41..instant benefits per month and a great monthly pension for life...I'm very grateful and feel very blessed for doing that..I love having that protection monthly so I can retire and travel.. I love the Philippines and will call it home again come this December..
@PhilippinesLife101
@PhilippinesLife101 2 года назад
I retired at 40 been living here in the PH for 4 years now.
@mypidreamma
@mypidreamma 2 года назад
hahaha awesome that's exactly what I did but had to retire at 44 because I got promoted, but that's ok only 46 now and loving it here Cubi Point old Navy barracks
@StanHasselback
@StanHasselback 2 года назад
"Content makes poor men rich; discontent makes rich men poor." Benjamin Franklin
@dperry203
@dperry203 2 года назад
She is beautiful! You are a lucky man! Also nice video and info! Thanks!
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Thanks 🙏
@Life_WithShay
@Life_WithShay 2 года назад
Earning 50k/mo is already rich in the PH. Even teachers are earning 25k only. Remember, most are earning 10-20k/mo. If you say 100k then most people in Duma or in PH are destitute. Foreigners: 100k is rich for expats. Many of them only survive from 40-50k monthly. Filipinos way of living is lower than Filipinos. If 100k is rich for expats, then it's super rich in a Filipino standard. Home wise: People with TV's, bikes, etc are rich. You live in an apartment you're rich. You live in a subdivision, you're rich. My POV: If you're eating more than twice a day, you have a home, and healthy, you are rich.
@bigjohnson7415
@bigjohnson7415 2 года назад
👍👍👍
@billyjohnson9166
@billyjohnson9166 2 года назад
You have no idea if a person is rich by there house, car or clothing.
@markj6565
@markj6565 2 года назад
I completely agree with you. A lot of people live above their means to try and impress people and I have known multi millionaires that just drove regular cars, lived in a simple home and didn't care about what people thought about what they wore. Can't always tell a book by its cover..
@billyjohnson9166
@billyjohnson9166 2 года назад
@@markj6565 exactly, rich people have nothing to prove plus there usually smart with there money.
@tonyp2601
@tonyp2601 2 года назад
@@markj6565 I know some local people who are well off but dress like ordinary folks do. The owner of a local milk manufacturing company here told me once that he is rich because all he eats for breakfast is rice porridge.
@philippinecowboy
@philippinecowboy 2 года назад
A lot of people do that in the states, they'll drive an expensive car, wear designer clothes and jewelry but live in a rundown shack in the bad part of town. Those are the clowns who are in debt trying to show others that their rich. I find it hilarious! As for driving I refuse to drive in the Philippines, I have no problem walking or calling a Grab and if I need to go a long distance, I rent a driver..........it's just cheaper for me in the end! I'm retired with a government pension, I downsized and sold everything and have become a minimalist. I'm not dressing up to impress others, if anything it protects me from not getting robbed....looking poor in other countries can help you from becoming a victim.
@randomyoutuber308
@randomyoutuber308 2 года назад
Yeah I was just talking about that with a friend today how backwards a lot of people are here in the states. I live in a big condo building where about half the units are owner occupied and half are owned by people who just rent them out. Its a decent place, but its relatively cheap, and I've seen some cars out in the parking lot that you'd probably assume a millionaire owned, not someone in their 20s or 30s spending a larger percent of their income on their car than they do on their rent lol. Its absolutely true they keep themselves in debt trying to show they're rich when they aren't. The crazy thing to me has always been how many people will spend their entire lives in debt living on the edge like that when if they just went minimalist mode for a couple years they could be debt free and ironically have more money to spend as they wouldn't be throwing away thousands of dollars a year paying interest on loans.
@bigjohnson7415
@bigjohnson7415 2 года назад
@@randomyoutuber308 True dat! But there's an old saying "Poor people show off their cars, Rich people show off their house!" I'm far from Rich, but solidly middle class, haven't worked paycheck to paycheck in a couple of decades, modest home paid for, so I feel ahead of the game. I have a newer Honda in the garage, and a 10 years old Ford I daily drive, so as you said, probably won't stick out or become a target out in public.
@Midwest10
@Midwest10 9 месяцев назад
Being extremely rich here (yes) it’s a different lifestyle. Method of commuting. Armed security. Celebrities and politicians as neighbors. Travel by helicopter if you only knew.
@pascualcruz2276
@pascualcruz2276 Год назад
Your definition of rich people is way off. Most Rich people have houses in exclusive subdivision like Dasma, Forbes, Corinthian, Urdaneta Village, Bel-Air or Ayala Alabang. You're in the middle class category which is an ordinary individual like us who retired in the Philippines from the United States.
@stephenatherton1623
@stephenatherton1623 Год назад
About Driving a Car I wouldn’t trust Driving in the Philippines . I wouldn’t give any local the opportunity to drive incredibly badly , smash into me , then blame the foreigner . And get away with it because they are a national . So I use taxis , very cheap , or Bus , tricycle Jeepnee whatever .
@tonyp2601
@tonyp2601 2 года назад
As a matter of perception, some Filipinos would think foreigners are rich because they were able to travel from a foreign country to the Philippines.
@vernondavis561
@vernondavis561 2 года назад
Agreed, it’s all about perspective. If you are allowed to breathe the air without having to wear a face diaper….you are rich.
@dennisfrancisco5686
@dennisfrancisco5686 8 месяцев назад
Hahahaha… she doesn’t have a clue as to how the real rich live in the Philippines. Sorry to say. Perhaps from watching too many Filo movies. ☺️
@smashy_smasherton
@smashy_smasherton 2 года назад
Rich or not, I don’t think it’s wise to flaunt it. When I go there, I hope to live simply and keep a few nice things.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Better to be low key
@bigjohnson7415
@bigjohnson7415 2 года назад
Sadly, there are many who aren't wired that way. They have to brag just for bragging sakes.
@konaranger599
@konaranger599 2 года назад
I would SAY more like $3000 in the PI would be RICH... In the USA you would need 5 million too be RICH now of these DAYS...💲🎭 GOOD talk.. Aloha guys..
@07Kimo07
@07Kimo07 2 года назад
She is basically describing you! LOL!
@Dan-xx5jq
@Dan-xx5jq 2 года назад
He did do a budget video and he does spend close to $2,000 a month. So Gio is rich.
@jimmynavarro162
@jimmynavarro162 2 года назад
Dam gio I guess I'm rich ony way lol just be able to pay the bills have money put away for emergencies money for needs and wants
@gandalfstormcrow2486
@gandalfstormcrow2486 Год назад
Starbucks is so overrated.
@gailmaplesden7380
@gailmaplesden7380 2 года назад
My girlfriend in the province keeps telling me I'm rich but I know if I was in Manila I would be middle class . I can live comfortably on what my pension is if I do my budget properly. Being a minimalist is still a very good idea especially if you have to bug out . Remember the golden rule which is don't invest more than your willing to walk away from. Many women over there are like parrots and will keep repeating "house and lot" and how practical it is. Of course if things go sour it works out very practical for her and not you so just rent and be happy.
@bigjohnson7415
@bigjohnson7415 2 года назад
Great point. Unless you have enough assets that you don't mind supporting the Baranguay, or her whole extended family. That better be some exceptional "Punani" to get into that situation tho!🤣
@barryram2605
@barryram2605 2 года назад
Absolutely, if you have enough money, buy property in a country where you can outright own, rent it out and with the income rent yourself a place in the Philippines, same applies to almost all other SE Asian countries where you have no property right whatsoever, or where it's all very grey.
@mrbHanoi
@mrbHanoi 7 месяцев назад
Exactly right Japan is perfect for this great property managers When my first Tokyo condo was 10 years old, it looked 1 years old I can rent both for at least $1000. But a 4 plex or 8 story building is a better investment.
@johncarlson6472
@johncarlson6472 Год назад
Average looking American guy in decent shape with average income (50k) to women in the States: Unremarkable, under-achieving chump. Average looking American guy in decent shape with average income (50k) to women in the Phils: "Guapo" and rich.
@mrhooks01
@mrhooks01 2 года назад
Sad that most Pilipino think foreign are Rich - lack of education identify how they think. Period
@Rick421
@Rick421 2 года назад
I personally don't know anyone who retired at 62 years old.. who gets $2000.00 dollars a month on social security.. lol.. must have some kind of added pension to get you up to that number.. :)
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Come to think of it, either do I.
@philippinecowboy
@philippinecowboy 2 года назад
Rick, I retired at 50 with a pension but I also plan to take my social security at the early age of 62, mine wasn't $2000 either, it showed to be only $1488, ....that's good enough for me! 😁🤠
@dennispetty4405
@dennispetty4405 2 года назад
That's why us retired US Military vets reap the younger benefits of being able to retire before 40 or around that age..get the ave 3k US monthly pension...then will also snag the SSA pension at age 62 as well...easy sailing brother in the Philippines!!..
@MajorKanoyStorm
@MajorKanoyStorm 2 года назад
Around 1,725 usd per month at 62 years of age is about the highest I've heard. But if you have a child under age 18, you will receive an additional amount of half your FULL retirement pay. So that would put you up to around 3,000 usd per month. Supposedly there is a nice cost of living boost for social security in 2023, but we will see.
@tonyofsocal
@tonyofsocal 2 года назад
I started SS at 62, I’m now 71, my benefit is US$2013 per month. In the US, I lived on my pension and stashed my SS. In the Philippines, I support my gf, her grand niece and myself on SS and bank my pension. We live in a nice condo across from Ayala Mall in Cebu.
@saiyan9098
@saiyan9098 2 года назад
If $2K/month is Rich then im Super Rich lol,but a minimalist,so you wont see me driving expensive car or live in a big house & all that materialistic bullshit,you would think im poor. Cant wait to move to Cebu.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Minimalism is the way to go!
@peteh6063
@peteh6063 2 года назад
So I guess most of us foreigners… In a developing country. Maybe changed my plans Hmmm. Can’t always judge a book by its cover… Best friend over here 🇨🇦 dresses like a bum … Hardest working bum is a multimillionaire lol.. just his style. So maybe in order not to draw too much attention… Head over be polite/humble in appearance… Be a sleeper lol. Another great vid Gio That ending!..Yes you have gone off the deep end!💕 congrats 😎🇨🇦
@doofus7366
@doofus7366 2 года назад
rich > 219,140 and above. upper middle 76,669 to 131,484. middle 43,828 to 76,669. lower middle 21,914 to 43,828. low income 10,957 to 21,914. all amounts are on a monthly basis.
@dennispetty4405
@dennispetty4405 2 года назад
Where did you come up with those numbers??.. You're way off bro...like Maya was saying..lawyers doctors only make like 100k ish pesos a month...and it goes down hill from there fast.. Most people there only make on average right at 10200 pesos a month... As for an American Expat like myself whose retired from the US Military and makes about 150k pesos a month..we're doing well there due to our monthly pension...
@thinkforyourself9334
@thinkforyourself9334 2 года назад
@@dennispetty4405 Those numbers are not way off. They are correct. Those numbers are from the Philippine Statistics Authority. Those numbers are for a family of 5 though. I will post the link in a comment below.
@buckeyeadventures1631
@buckeyeadventures1631 2 года назад
That sounds right to me
@francesdraper9675
@francesdraper9675 2 года назад
I grew up in Philippines, went to private school growing up. Families referred to as rich owned their house at least (maybe other properties as well like farm), had a car with driver picking up their kids at school. Although my dad was a lawyer growing up, because there were a lot of children to raise and my family owned properties with a car, my family was considered middle class. My classmates in kindergarten/high school were mostly wealthy and had the comforts I didn’t have. Classmates in college were mixed income class. It is not about how many cars the rich own, rather the comforts they can afford. I think doo fus’ numbers are right.
@sethinamug4515
@sethinamug4515 2 года назад
@@dennispetty4405 What doo fus said is actually correct. A list was released by the government of what income you can be considered rich or poor.
@JoyRockk
@JoyRockk 2 года назад
For ex-pats who live off of 2 to 3k monthly in PI, I would call it living "comfortably" especially when one is free of rent/mortgage. Back here in the US, 2k or 3k is definitely NOT going to be enough especially when you have a $2,500 mortgage and that's not including the car payment, car insurance, groceries, electricity, internet, cable, health insurance, and miscellaneous expenses. But then again, it depends on one's lifestyle or what one's earnings can AFFORD.
@FlipandTheBlueMule
@FlipandTheBlueMule 7 месяцев назад
👋👋👍😎🇺🇸⚓️
@matthewferrick3288
@matthewferrick3288 Месяц назад
That breakfast looks delicious. I'm headed to Lapu Lapu City for a few months next Spring. Super excited.
@RichardGordey
@RichardGordey 23 дня назад
Did you ever get to set up your account with Charles Schwab? Can you even have an account with the Major investment houses like Vangard,Fidelity and actively add money or buy and sell stocks while you are living outside the U.S???
@coolstorybro2838
@coolstorybro2838 17 дней назад
I’m earning $4100 a month for my retirement, I guess I’m considered Rich. I’m consider Poor in the USA
@eddeewhat5553
@eddeewhat5553 Год назад
👍🏽
@orvillelb
@orvillelb 2 года назад
It would be like getting a big raise to move to Mexico or the Philippines.
@havenpersonalcare7968
@havenpersonalcare7968 2 года назад
Very nice conversation piece! An interesting topic would be RICH vs. WEALTH in P.I? Awesome video guys!
@RealGaryGibson
@RealGaryGibson 2 года назад
I'm now poor cause I just paid $826 for a roundtrip ticket from San Francisco to Manila on Singapore Airlines in October! But I found a good deal on a condo in Manila to stay at so I'll be ok 😁
@Paul-yk7ds
@Paul-yk7ds 2 года назад
$826 doesn't seem bad for round trip to Asia and back. Enjoy!
@119jle
@119jle 2 года назад
Try $1,476 economy one way from Detroit.
@One-12937
@One-12937 Год назад
I payed $2,000 and that’s not including my domestic flight to the international airport.
@AndrewMcKay-i4g
@AndrewMcKay-i4g 2 месяца назад
The Philippines is like a lot of 3rd world countries. Yesterday, I saw a Filipino driving a canary yellow Ferrari. Probably POGO related. You can live as large as many do around the world. Spend as much on a house in Makati as you would in Miami. However, the vast majority live in abject poverty.
@JMCIII1957
@JMCIII1957 4 месяца назад
GIo, I appreciate your videos. I've learned a lot about my future move to the Philippines. I'm getting to know a single mom, with a 13-year-old son who I like a lot. I'm 66 and have three grown kids, and can not have any more children. I'll only have my Social Security to live on (+/- 90 to 93k)I already know what my girls' expenses are, and I think we can live comfortably. We won't be rich, but I think we should be able to survive and even put her son through school. What do you think? I'd love to get more insights from you. Thanks. John
@scottsdialyadventure1338
@scottsdialyadventure1338 2 года назад
Good topic to give a dose of reality here. Especially for Filipinos. This is something I have battled with every time I've been in the Philippines and frankly even American people think somehow I have money well there is a confusion between having a little class, or actually having money. The truth is my current income is about 45,000 pesos, well under poverty level most people can't even survive on that here in USA. If I'm in Asia or Philippines, that is about enough. I have forgotten the the Visayan term meaning cheap farang... but that would fit me only in financial limits. Thanks for the topic 🙏🙏
@puppetmasterblaster
@puppetmasterblaster Год назад
is the term "kuripot"? LOL, had to think about that one
@ShikokuFoodForest
@ShikokuFoodForest Год назад
I’m Canadian living in southern Shikoku, Japan. It really depends on your lifestyle. I can live quite comfortably on about $600~$700/month including my property tax, home WiFi, electric/water bills, etc. which is very low I think. I don’t eat or drink out in restaurants or cafes. I don’t have a car or motorbike. Only a bicycle is fine with me. I only buy what I need which is mostly food from the supermarket. I live a very simple life. I think I could likely live on a similar amount in the Philippines. I couldn’t imagine spending $1500 ~ $2000, unless I really increased my standard of living a lot.
@ShikokuFoodForest
@ShikokuFoodForest Год назад
Hi Gio, I’m Canadian living in southern Shikoku, Japan. I am certainly not rich by N. American standards. Much lower than middle class which doesn’t exist anymore. In Japan, I have been earning $25K as an English teacher. Your monthly budget really depends on your lifestyle. I can live quite comfortably on about $700/month or less including my property tax, home WiFi, electric/water bills, etc. which is very low I think. I don’t eat or drink out in restaurants or cafes. I don’t have a car or motorbike. Only a bicycle is fine with me. I only buy what I need which is mostly food from the supermarket, plus my utility bills. I live a very simple life. I think I could likely live on a similar amount in the Philippines. I couldn’t imagine spending $1500 ~ $2000/month unless I really increased my standard of living a lot.
@dsrrellgriffith1161
@dsrrellgriffith1161 Год назад
I have lived in PI for 7 years, but coming for 25 years. You need a emergency fund for medical emergencies, and i have had a few friends here who did not have enough cash for emergency needs. They had to get stabilized here, then flew back to USA. Even if u have insurance, most of the hospitals want their money upfront. goodluck
@carltischer7827
@carltischer7827 5 дней назад
I got this i got this . Please pick me . Ok thanks . You are considered rich when you get off the plane and have white skin . How did i do ?
@stevehelmers6305
@stevehelmers6305 2 года назад
Hi Gino - a lot of you vloggers talk about and interview Filipinas on the subject of being considered “rich”. Yet, Filipinos never seem to consider future income or savings in the equation. Would you consider doing a vlog interviewing some westerners asking how they plan to support their Filipino family when they are “gone” especially since a wide age gap is so prevalent among mixed marriages there. I know most filipinos don’t worry about the future but westerners are “planners”.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Absolutely, they are more of a live in the now and not plan for the future types.
@RealGaryGibson
@RealGaryGibson 2 года назад
Any foreigner that takes on the responsibility to help raise and pay for the education of another man's child is being incredibly kind and generous to the single filpina mother. That child will be the legacy of that filpina and will likely help support the mother when the foreigner is "gone". That is the lasting gift of the foreigner. And most filipinas know that hence their attraction to foreigners.
@bigjohnson7415
@bigjohnson7415 2 года назад
@@joshuarizalforeman816 👍👍👍
@thnaykhwam6554
@thnaykhwam6554 2 года назад
U have a point der buddy. Cheers
@prepperjonpnw6482
@prepperjonpnw6482 2 года назад
Something people tend to overlook in financial planning is 2 things. First buy a life insurance policy but instead of the money going straight to your Filipina have it go into a trust, which leads me to number two. Set up a trust or living will sort of arrangement. You will need a local attorney for this but it’s the best way to take care of the ones you leave behind. The life insurance payment will go into the trust plus anything you put into while still alive. You can set the trust up to be invested in low yield but safe places. Then after you are gone it will pay her monthly whatever amount you have predetermined. The trust ensures that she will have an income for life. If she were to get all of the money at one time it would probably be gone in 6 months to a year. Then she would be back to the way she was before you met her. So I seriously recommend setting all this up now as in don’t wait another week do it now. Personally I put about 10% of my income into the trust plus I have a decent size life insurance policy of $500,000 USD. Also the trust is set up so that when she passes it will continue paying out to our children and then their children. The amount per month it will pay is just over $2,500 USD. Which is just under ₽150,000 pesos per month. Since the house and land as well as our vehicles are all paid for that is more than enough for her and the children to live on. Also, when the children reach a certain age it will start paying them as well. Not a huge amount but more than enough to ensure a basic level of stability at $1,200 USD per month or ₽70,000 pesos per month. I did all of this because one the obvious is taking care of my loved ones and two I didn’t want to bring my filipina up into the upper middle class and then I die and she drops into the lower class again. It takes planning and a good attorney but it’s the right thing to do. If you follow “The Filipina Pea” RU-vid channel she has a few videos with her attorney Grace. You can get her contact info from those videos. She is very good and helped me a lot. Cheers
@melvinatkins998
@melvinatkins998 8 месяцев назад
If you are living in the Philippines for more than $600 a month for a comfortable life!…. Then live in a city!…. You can retire there comfortably with less than $600 USA a month!…. 🦉
@Mr100741
@Mr100741 7 месяцев назад
How nice a car one drives is not always a good gauge as to how much money they have. Some people that have nice vehicles owe allot of money on the vehicle. By the current exchange rate as of 2/28/24 my monthly income with my U.S. pension plus Soc, Sec. is 312,115p per month and I drive a 1994 Corolla. It's a exceptionally nice Corolla, but it is still 30 yrs. old.
@MikeHoncho884
@MikeHoncho884 Год назад
Videos like this make me feel a lot more comfortable to travel to Southeast Asia. I don’t consider myself rich here in the United States at all. But by the time my pension comes in, and Social Security, I will definitely have enough to survive in Southeast Asia. Thanks for the honesty in your videos. Having enough pension, money, and Social Security money coming in definitely is a relief. I’ll be able to start enjoying it in two years. At 59 years old hopefully I have enough years left to chill in the Philippines, or Thailand, or wherever I decide to settle down. I’ll probably have a place in the mountains and place by the beach. That way when it gets too hot, I can go up in the mountains. I don’t think I can stand the heat. I lived in Florida when I was in the Navy years ago in the summers were absolutely miserable. I definitely want to have two different places to stay one of the cooler mountains, and one down by the beach that would be awesome. I’m going to have to get a drivers license wherever I settle in to be able to drive a car back-and-forth between hot climate and cooler climates. I love to travel like that anyway keeps me moving. It’s kind of what I do for a living is travel, so moving from one place to another will not be a problem. I’ve been dreaming about living in Southeast Asia for a couple years now. I used to just dream about visiting know. My dream is actually living there. Once I do, I hope I don’t get home sick for the United States! I don’t think I will, though I’m so sick of the way. Things are going here in this country as far as the economy I think I will embrace the easier way of life or less expensive way of life. I just can’t believe how much it cost to go to the grocery store in the states it’s insane.$$$$
@outdoorescape2619
@outdoorescape2619 2 года назад
I am retired with small govt pension and some investment income...not rich! But here people do tell me that I am rich. All relative I suppose. If they only knew what it costs to live half decently in the States! Oi ! My house and vehicles are paid for or I would consider myself poor in the US....and would not be able to afford a daily Starbucks there.
@bigjohnson7415
@bigjohnson7415 2 года назад
Sounds like 90 percent of us here in the US.
@alcourtines4707
@alcourtines4707 Год назад
I do not have a job. I'm retired and collect a teachers pension., almost 4K per month. I do not wear jewelry. Don't drive a big SUV. I live in an inherited 1,000,000+ home at the beach. It costs 3k per month to maintain this house. A reverse mortgage pays for my trips to the Philippines. Perhaps you should explain this to your GF? I stay in nice hotels in Angeles. This winter I will spend my time in Cebu.
@epicriosonlinemoney3654
@epicriosonlinemoney3654 2 года назад
$5000 a month profit in the PI is considered Rich for a Foreigner
@juanbarcelona3857
@juanbarcelona3857 2 года назад
I really wsnted to see the waterfall 😟
@GiointhePhilippines
@GiointhePhilippines 2 года назад
I filmed it here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7YyL6zZ_Wew.html
@LordsUNfilteredHoney
@LordsUNfilteredHoney 4 месяца назад
I'm living in Dumagete also I'm from the USA, I agree definitely with all! Great video ❤
@justinacurtis5689
@justinacurtis5689 2 года назад
Two thousand dollars a month in the Philippines is not rich!. Even if your living by yourself.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
I suppose it depends where, but you are well off
@bigdog4342
@bigdog4342 2 года назад
@@GiointhePhilippines I tell people that I can Live Comfortably, but Not Luxuriously.
@quantomic1106
@quantomic1106 11 месяцев назад
35 years old here, have no kids, never been married or been in a relationship. Getting a Lamborghini (not a joke) when I retire in the Philippines in 5 years. If people with SUVs are considered rich, where would that put me?
@IndhayJha
@IndhayJha Год назад
Some rich Filipino you didn’t even know that they are rich because they not wearing fancy clothes, jewelry etc. and if you are only working here for me you can’t consider rich because of expenses but if they are working same time having a good income business for sure for me I can consider that they are wealthy 😊
@The-Cat
@The-Cat Год назад
For anyonme wondering what the outro song is "Befun - Befun" I freaken love it!
@alanweiss3534
@alanweiss3534 28 дней назад
I can tell by how much more beautiful your wife is, that you must be considered rich in the Philippines.
@Jcope-ce9ef
@Jcope-ce9ef Год назад
I really get tired of hearing that I'm a rich foreigner ,like someone just give us our money. I Live here off 1,033 $ a month alone.
@maricar75
@maricar75 2 года назад
you got to have an income of around between 700k to 1m a month for me to be considered rich, average rich that is, not super rich
@luigirinallo1613
@luigirinallo1613 2 года назад
I'm 71 years old, where do I have better options to meet girls for girlfriend in CDO or Dumaguete . can I have your opinion please. thanks
@curtisthomas-eg4th
@curtisthomas-eg4th Год назад
I guess I'm rich there but, when I retire and become rich in the Philippines, I will only get half what I make now. Even though I know I can live on that, it still scares me.
@elibainbridge1326
@elibainbridge1326 2 года назад
the background laughter was so annoying! omg
@huhwhat9830
@huhwhat9830 2 года назад
What the hell was that u put in ur coffee ? U need to learn to drink it black.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
creamer lol
@stan1027
@stan1027 Год назад
Look at it like this: It costs about $2500 to $3000 for a plane ticket ftom the states to the Philippines. That's no small change for most people. And considering that it's nearly impossible for a foreigner to get a job in the Philippines, they have to have some source of income, usually social security or a military retirement. Either of those sources is usually significantly more than the average Filipino makes per month. So yeah, if you're talking about it in those terms, foreigners in the Philippines are "rich"
@l.rongardner2150
@l.rongardner2150 Год назад
Answer: When you're able to pay not only your own meal but also your girlfriend's at Jollibee's.
@man4YAWEH454
@man4YAWEH454 Год назад
A coffee shop with a name synonymous with a insect? Interesting, lol. 🤔
@rontardif8740
@rontardif8740 Год назад
Is there health aid available to US military vets at American embassies or military bases?
@GiointhePhilippines
@GiointhePhilippines Год назад
VA Clinic in Manila will see you for your service connected disability.
@rontardif8740
@rontardif8740 Год назад
@@GiointhePhilippines Thank you Gio
@arcticredpanda4598
@arcticredpanda4598 7 месяцев назад
Rich or poor depends on how big your wife's family is because the hand outs never end.
@kentpengelly9896
@kentpengelly9896 7 месяцев назад
I don't want to look rich but I want a couple acres with a nice house some chickens/pigs and a garden and green house.
@Msfili
@Msfili 2 года назад
I’ve literally been watching moving to the Philippines vlogs the last 5 days I want to move to the pinas now lol sell everything and just rent there … my expenses there would only be 40% than what I’m spending here in Canada
@oahuguy3918
@oahuguy3918 7 месяцев назад
Man, you make the waitresses walk all that way to serve your food? I hope you gave them a good tip....
@stephenatherton1623
@stephenatherton1623 Год назад
Starbucks in Cebu , there are certainly more than enough customers to sustain coffee shops , and many more expensive establishments .
@Jcope-ce9ef
@Jcope-ce9ef Год назад
She's right about the car payment and showing off.
@johnsaldana501
@johnsaldana501 8 месяцев назад
Do it at your own risk.You will have to support the whole family. They're looking to escape extreme poverty so they look at you as a meal ticket.
@EricvanDorp007
@EricvanDorp007 4 месяца назад
Interesting for somebody who will go to the Philippines for 6 months and see if this is the place to be.
@jjdelamo6246
@jjdelamo6246 Год назад
Retire and live like a king in the Philippines on $2,000/mo. If you have $300,000 invested in dividend-paying stocks/ETFs, with average annual yield of 8%, you can generate $2,000/mo income WITHOUT touching principal.
@CheapButNotEasy
@CheapButNotEasy 6 месяцев назад
8% is a pretty high risk yield so can't be trusted to support someone for life
@robocop581
@robocop581 2 года назад
Net worth is how I determine rich. You can earn US$2K a month from a pension but if that's all a person has with no investments or paid up properties then that person is "Hand to Mouth" Rich. A person that owns his residence with no outstanding mortgage and generates income (outside of his main job or pension) from at least US$1 million of assets is what I consider rich in the Philippines. There are a lot of Filipinos that reside in gated subdivisions that fit this criteria.
@Taller-yl9yn
@Taller-yl9yn 27 дней назад
I disagree. Having a pension plus SS guaranteed income is not hand to mouth. All the material stuff you mention you can not take with you when you die. I've owned homes; don't own now. I rent and travel and live a very rich life. Plus I save a ton of money
@ChrisPBacon681
@ChrisPBacon681 2 года назад
2000-3000 USD/mo income range is only considered as upper middle class, you need to be earning 4000 usd/mo to be considered “rich”
@Paul-yk7ds
@Paul-yk7ds 2 года назад
Yeah Maya originally said 100k PHP was "well off," but Gio changed it to "rich," maybe not the most precise way of discussing the topic
@billgregory7053
@billgregory7053 Год назад
Another great video. I'm really happy I came across your vlog. I'm headed there in June. Can't wait. Please keep doing what you do.
@sypainthy
@sypainthy Год назад
only few got $2000 a month around $1500 is more normal 🙂
@ManOfAdventure2011
@ManOfAdventure2011 2 года назад
Jeezas! That's a lot of sugar 😳. Great video though 👌
@GiointhePhilippines
@GiointhePhilippines 2 года назад
That was creamer
@ManOfAdventure2011
@ManOfAdventure2011 2 года назад
@@GiointhePhilippines Ohh, that's a relief man 😅. They don't serve real cream with coffee in the PH? Or is it location specific?
@GiointhePhilippines
@GiointhePhilippines 2 года назад
I think you usually have to ask for milk or cream otherwise they just give you the powdered at many places.
@ntech1507
@ntech1507 Год назад
I thought you let the Philippines and move to Thailand
@partybythepool9746
@partybythepool9746 2 года назад
I think there is another dimension to consider here. Retirement income is one thing. That depends on the individual's planning and saving during the earning/working years. Earnings capacity in the US nowadays for a normal middle level professional is 80-90k.+ benefits. The bar is set differently in a 3rd World country. The earnings ability is higher in our great nation. Definitely not to be understated. What you can accumulate in 10 -20 years for that "retirement" will blow past your $2,000 per month definition of rich. Peace.
@spinnetti
@spinnetti Год назад
our expenses are much higher though, so the savings rate is not that great. I couldn't imagine at 30 what my monthly living cost is today.
@alcourtines4707
@alcourtines4707 Год назад
Background noise is crazy!
@shirokuma145
@shirokuma145 7 месяцев назад
It's sweet the way she gazes at you as you talk ☺
@buckeyeadventures1631
@buckeyeadventures1631 2 года назад
While I like most of your content.. I find this superficial. Rich is all about perspective... I know rich people that would judge you by the clothes you wear.. and would know if you are dressed in last years fashion.. they are the Nouveau riche.. where old money don't care or judge.. "that much".. you either have money or you don't.. and if you don't ... the truly rich can tell... then you have those that are credit rich.. but can't afford expenses outside of their budgets... As for a rich vacation in the PI.. that would be Macau or Dubai or maybe Fiji..
@GiointhePhilippines
@GiointhePhilippines 2 года назад
That's ok not every video will be liked by everyone, It is part of vlogging.
@ezequielventura2632
@ezequielventura2632 Год назад
great content! and on top of that, being far from western nonsense, well this is priceless...
@rudes440sb
@rudes440sb 2 года назад
Cool beans I'm upper middle class just by flying 14 hours LAX to MNL.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
amazing right lol
@JEPOYHEROBLOGG
@JEPOYHEROBLOGG 3 месяца назад
FILIPINA IS MUCH RICHER NOW THAN THE WESTERN WOMEN
@GregBoyce-yx3eh
@GregBoyce-yx3eh 5 месяцев назад
A Canada pension will be enough ? 😊
@gman8844
@gman8844 Год назад
how about showing us the malls in Dumaguete
@dr.who2
@dr.who2 2 года назад
Miss most of it the shop look nice iam not a Starbucks fan like small places like that
@TheBigBananaaa
@TheBigBananaaa 2 года назад
I recently got invited last minute (2 hrs before the dinner) to a birthday 🥳 dinner party 🎉 with a girl 👧 I just met > I asked a close Filipino friend about the etiquette on the bill payment at the end of the night > he said they invited me so they generally pay 💰 well… the end of the night I was stuck with the bill 🤪what the….
@GiointhePhilippines
@GiointhePhilippines 2 года назад
That doesn't seem right
@bigjohnson7415
@bigjohnson7415 2 года назад
Invite the Farang! He's Rich!🤣🤣🤣
@gandalfstormcrow2486
@gandalfstormcrow2486 2 года назад
Why would you pay it? "I've never met these people before in my life." Pay for your own dinner and enjoy the show. I'd be lmao.
@innotafanofanyofjlbjlbissd6777
@innotafanofanyofjlbjlbissd6777 2 года назад
How much was the bill I’m curious ?
@Yourbestlife1
@Yourbestlife1 Год назад
Good video, it makes you realize how spoiled we are in the US, where most get Starbucks every day and go out to eat every weekend or more!
@GiointhePhilippines
@GiointhePhilippines Год назад
So true!
@boomAJ6104
@boomAJ6104 2 года назад
50k you are going well in the Province
@kombotmarine1304
@kombotmarine1304 Год назад
The short answer is anyone foreign
@stuartloggins3691
@stuartloggins3691 Год назад
I make $1934 a month. Rich haha yeah I'm rich
@LongThanh-ew4tf
@LongThanh-ew4tf Год назад
When u get a loyal babe that loves u, U r rich.
@alf699
@alf699 Год назад
Subscribed..why? Excellent info. I am looking at the Philippines not as an Expat, but rather somebody who wants to come over with his wife and spent 3 months twice a year eventually (I haven't been there yet). So looking at the cost as an Aussie (or German having spent most of his life in Australia), this isn't THAT cheap. US $2000,0 is about AUS $2940,-. Take in consideration that you never actually get that great exchange rate and we are now talking about AUS $3000,- + compared to US $2000,-. That's fine if you are working, but we assume that people are retired. The normal pension here would get you AUS $1800,- which is around 65000,- peso in real money...so no living on the rich side there, assuming they have no other income. Australian pension calculation above is for a single person only. So just doing a bit of rough maths in my head and I would need at least 1million Australian Dollar, assuming you still have 30years of life in you. A Lower Australian middle class person here could probably generate AUS $600,000,- if they liquidate their assets while an upper middle class can generate the 1million dollar plus..again if they liquidate their assets. Note: Here the pension age is 67years. So a younger Aussie would require to either have Superannuation or some other way that auto generates an income. So in a year or 1 1/2years from now, we come over for 3weeks and check the place out...see if we like it (I am going to be very busy until then).
@GiointhePhilippines
@GiointhePhilippines Год назад
Thank you for subscribing, take care.
@cebuano101
@cebuano101 2 года назад
Hi Gio and Maya. I am considered rich by my family and friends but I am even scared to go inside a Starbucks or any coffee shop just for their coffee. Some people will categorize you as rich and some will think you're middle income. Some are pretentious just to show that they are someone of higher status. Some who are truly rich are actually simple people and do not show their wealth. But in General, you are considered rich on the surface if you have a big house, travel abroad, always dine out, always order food from grab/food panda, and dress up with jewelry. If you really dig deeper, most of these people who are showy of their wealth again (most of them) have a lot of utang (debt) in most cases bad debts.
@GiointhePhilippines
@GiointhePhilippines 2 года назад
Yea, I agree with that.
@lucillegil5306
@lucillegil5306 2 года назад
No Gio , we travel to Europe when I used to live there.
@halfunkbass2966
@halfunkbass2966 Год назад
100k peso is $1,800.00
@rocrobert783
@rocrobert783 2 года назад
Looked at a tee time for Alta Vista CC 5500 pesos I’m going to be poor after that
@PhilippinesLife101
@PhilippinesLife101 2 года назад
Golf in the PH is expensive.
@Blade-Thing
@Blade-Thing Год назад
400k per mth
@tomvellender4643
@tomvellender4643 2 года назад
Gil what town do u live in
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