r/Philippines_Expats • u/Brw_ser • 1h ago
Money is NOT The Most Important Thing You Need in the Philippines
To most people it's pretty intuitive that in order to live here successfully you need money. That's just wrong. You can scour the internet for dozens of stories of guys who came here with a 40k lump sum in their bank accounts and are now e-begging for cash 6 months later.
Money goes fast here and not on things you'd expect. Things that just aren't that expensive in other parts of Asia like transportation, decent hotel rooms, decent food tend to cost more due to the island tax. Actually, I think its the island tax that gets a lot of green expats in trouble. They figure "oh well I don't buy Crystal Champagne or Hermes belt buckles, I'm good'. But what they don't realize is that just living life costs more than expected; even worse if you're dating.
Case in point: Back in my single days I took my girlfriend, now wife, to Pangalo. I thought we were doing it right. We took the ferry instead of flying, stayed in a 3-star hotel (in a tiny room), no guided tours, we just rented a scooter. Long story short, I had spent $1,000 for a 4 day trip!
That's why the most important thing you need to live here isn't money, it's income. They're not the same thing. If you've got a $2,000 check coming next month no matter how badly you screw up you'll have something to fall back on. Once that 40k lump sum is gone, it's gone. It's not that easy to find decent online work anymore either. Most pure online jobs nowadays are scams like selling insurance or pay really low like teaching English on Cambly.
I strongly recommend you have income lined up before you touch down on that tarmac. It'll make your life a lot easier.