Expat Finances
Articles to cover some of the financial concerns of expats living in the Philippines. Of course the exchange rate is of major concern for most of us and will be covered heavily. Your cost of living and how to save money by not making some of the mistakes I’ve made.
Minimum Wage In The Philippines
People often ask what the minimum wage in the Philippines is. It varies by region. The low cost of wages has a big impact on making the Philippines an expat haven.
Value of Dollar Falls
The US Dollar is not doing so well.. It could uses a trip to the ER! I’ve published a table showing how it has done over the last year.
Philippine Peso Up Sharply
The Dollar seems to be heading in the wrong direction. At least for those that get our income from the US dollar. Its falling world wide. Someone find the parachute.
How To Get Your Money
How to get cash to yourself or family while you are in the Philippines. I use RemitHome. There are other ways, for some, using their ATM works.
How Much Money Do I need to Live In Cebu?
Come on a journey with me and I’ll share some of what I have learned about the cost of living Cebu, Philippines.
BSP Protecting the Dollar
The dollar fell to 47.75 to 1 USD on Thursday. The central bank of the Philippines is moving to slow the dollars fall.[ Read More ]
Remittances Up or Down?
Remittance to Rise?
The global recession there has brought a lot of predictions from many different conclusions. [ Read More ]
Deflation in The Philippines
The Bangko Sentral ng Pilipinas (BSP) has released statistics regarding inflation for the month of June. The numbers include negative inflation or deflation. Deflation generally happens when demand for commodities drops to the point that prices begin to fall. It is generally seen as a negative in an economy. I’m inclined to think that for [...]
Philippine Banks Downgraded
Banks in the Philippines have been downgraded by the premier investment rating known as Moody’s.
How To Get Your Money
Sending Money
Many expats receive a check every month. Sending that check to the Philippines would be scary for me.[Read More]
Visitor Comments