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Cheapest Place To Live... & Be Rich


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  • 5 months later...

I feel like Manila is cheap, as long you as you do not try to live like an effin expat or a seaman.

14K can already get you a decent condo unit good for 2 people as long as you avoid Makati, BGC or Ortigas. Electricity is probably 2-3K. Food, how much can you eat anyway? Just buy at a clean carinderia or cook your own. Avoid grab and takeouts.

Entertainment is almost free these days courtesy of the internet, unlike before.

 

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  • 4 weeks later...
  • 2 months later...
On 4/1/2025 at 7:57 PM, chessboxin said:

I feel like Manila is cheap, as long you as you do not try to live like an effin expat or a seaman.

14K can already get you a decent condo unit good for 2 people as long as you avoid Makati, BGC or Ortigas. Electricity is probably 2-3K. Food, how much can you eat anyway? Just buy at a clean carinderia or cook your own. Avoid grab and takeouts.

Entertainment is almost free these days courtesy of the internet, unlike before.

 

problem with that @chessboxin is not accommodating your work. 14k for condo, sure, pero commute ka everyday to work ba, or wfh? commute is P2k if you're trying to do bus and lrt lang. more expensive if car. this'll suck if salary mo is around P40k, kasi nearly 50% na going to rent & commute. less to save, kasi the next amount is groceries

and if you try to save on commute by staying at home all day, is that really life hahaha

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  • 1 month later...

Nagstart ako room for rent lang around Makati.  Yung isang sakay lang ng jeep.  Ginawa ko yan for 12.5 years, habang nag-iipon ng 10%.   This was 1994-2006.   Nag start ng P2.5K per month in 1994 then naging P4K in 2006.  Pero by that time, nakaipon na ko ng 33% pang down payment sa studio condo na malapit sa work.    Natapos ko yung condo payment ng around 12 years pa (2006 to 2018).  

So Ok lang mag-start P40K kasi after 12 years baka nasa P80K na yan.   Maghanap ka lang ng room for rent na P5K per month, tapos mag-save ka ng P120K-150K per year.  For 12 years.  mga nasa P2M na yan.  You can then buy a studio unit say P6M. with DP of P2M and loam mo is P4M.  Then in another 12 years bayad mo na yang P4M.  

 

 

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