Since I’ve been on LiveinthePhilippines.com, I’ve seen quite a few comments from people who are waiting for just the right time to make the move to the Philippines.
I have a solution for those who think they can’t afford to live here. The thing is, if you do it right, you can live on a whole lot less than you are living on now. All it takes is some simplifying of your life.
I am going to open my life for a moment and show you just how affordable it is to live here. This is what I spend for bills every month. You can live for even less if you work hard at it. I chose to buy a car and I pay for faster internet, but while I think the internet is a necessity, I could easily do without the car.
Rent: 5000 PHP
Car: 9500 PHP
Utilities: 4000 PHP
Food: 12000 PHP
Internet: 2500 PHP
Immigration: (Visitor Visa – 12 month average) – 1400 PHP
Gas: 3000 PHP
Cell Phone: (post-paid) 1000 PHP
Total: 38400 PHP – $833 USD
Like I said, I pay for a car and gas, and you could easily drop this total by using public transportation, and you could lower your internet bill a little. I am also feeding a family of three, so that figure could be lower, even though we tend to shop at the public markets and don’t eat the expensive imported food at the supermarket.
Some “nice to have” things I didn’t include in this list are: Cable (we don’t own a television), Entertainment (we tend to eat out quite a bit, because we do reviews for my food blog, PhilFoodies.com), helping out my family (this is a big expense for me, but it’s important).
Always remember you should have money put aside for emergencies as well. You never know when you may need to visit a doctor or dentist (I just went through that).
The Bottom Line
If you try to live a simple life, which I am always advocating for, you can see I live on what I was paying for rent alone in the U.S. This leaves money over for fun and travel, eating out, movies, and for me, helping my family.
I’m not saying everyone has to live like me, but I am saying that the excuse that you need to have a lot of money to move to the Philippines is invalid.
Where Do I Get The Money?
Many move to the Philippines only after they have retired and are living on Social Security or a pension, but if you set yourself up before you make the move, you can retire here at any age.
There are many businesses that you can start where you can easily make a few thousand dollars a month. Start an information marketing website, an ecommerce store or sell products on Amazon.
Note: Right now, on my website JasonJamesWeiland.com, I am running an experiment to start and build an online business to $10,000 a month within a year. The secret is taking action. Drastic action. If you want to follow my progress, or join in the experiment yourself, come take a look.
There are even a few things you can do here in the Philippines to make money. I used to teach English for $7 an hour. I know people making more. If you work full-time, you can easily support yourself once you arrive here.
I would suggest looking at ideas in the eBooks Bob offers. There are many things you can do and live a comfortable life here in the beautiful Philippines.
It just takes a little change in the way you think, but I assure you, you can live on much less than you are now.
Take the chance and live your dreams.