Visit http://www.livingin
foreigner and Balikbayan website.
Dear friends,
How do we cope with this? Is it a big problem? Some will go back to the
States in panic, thinking the worse for the US dollar. Some will move from
the cites to the province, some will adjust their budgets, tighten there
belts I guess, live like a prince rather than a king. I fall in that group.
I am no math whiz, don't do fractions and not still not hip even adding
fast. I talked to a US CPA yesterday who was visiting a good friend. I said
something to effect that if you wanted to get back to where you were after
the 20 percent drop, you had to earn 20 percent more, not considering
inflation. He said correctly that you have to make 25 percent more to get
back to where you were after a 20 percent drop because the dollar is not as
much. I knew he was right. But sometimes I am glad I don't do math, not good
new.
I hope we get a "Cheap Charlie," discussion going. We will have such a
section on the Forum. A discussion about how to save money in the
Philippines, is important to most.
http://www.livingin
Very best always,
Don
Only living like a prince now, not like a king
Don A. Herrington
List Owner Website Owner
http://www.livingin
Philippines, Heart of Asia (C) 1998
Expat, Foreigner, Tourist Forum
-----Original Message-----
From: LivingInThePhilippi
[mailto:LivingInThePhilippi
c_a_p_t_a_i_
Sent: Friday, January 11, 2008 12:04 AM
To: LivingInThePhilippi
Subject: [LinP3] Re: Handling the falling dollar.
I'd also be interested in the point of view of anyone who's been in country
longer...early 90s when the $:Php ratio was 1:25 before jumping upto 1:40
around '95/96
Unfortunately for those coming when 1:50+ you arrived at the best possible
time in what is always a cyclic wave
SOMETHING TO THINK ON - 1962.....$1.
--- In LivingInThePhilippi
wrote:
>
> I've lived in Manila for 2 years but will soon move to the Province
because of the falling dollar. We can still make it in Manila but wouldn't
be able to save anything if we stay here. Our rent is now nearly half my
retirement income.
>
> bud <fvalls@...> wrote:
> I'm curious to know how the people now retired in the PI
are handling
> the falling dollar. Are you changing your lifestyle? Are you forced
to
> become more frugal? Were you prepared for this day? And finally,
what
> advice , if any, could you give to those that are planning to
retire in
> the future. I hope anyone affected by this situation is able to
keep
> their head above water.
>
>
>
>
>
>
> ------------
> Looking for last minute shopping deals? Find them fast with Yahoo!
Search.
>
> [Non-text portions of this message have been removed]
>
Philippine Dreams: This book has it all. It's a must have for those
considering living in the Philippines. And present residents and travelers
will learn from it too. Just click on http://tinyurl.
has rave reviews of this book and the *Free* 7 day e-course, Filipina 101.
***The List Real Estate Consultant is President of the Cebu Realtors Board,
Tita Domingo, a Realtor (R) with national associates. She is
TitaDomingoRE@
Listings:http://www.livingin
Moving here, for relocation services and other representation or services
Contact the website and List owner don.herrington@
for assistance, advice and guidance. Some of these services may be fee
based.
If you want roses for your Filipina friend click on http://tinyurl.
, will take you to a quality Philippine company that gives members excellent
service. They have a track record with us. I recommend them without
reservation.
Other affiliates are at
http://www.livingin
List problems: Contact List Guides at LinP1Mods@yahoogrou
rules yet? They are at http://www.livingin
Yahoo! Groups Links
***The List Real Estate Consultant is President of the Cebu Realtors Board, Tita Domingo, a Realtor (R) with national associates. She is TitaDomingoRE@hotmail.com .***
Listings:http://www.livinginthephilippines.com/real_estate/realtor.html
Moving here, for relocation services and other representation or services Contact the website and List owner don.herrington@livinginthephilippines.com for assistance, advice and guidance. Some of these services may be fee based.
If you want roses for your Filipina friend click on http://tinyurl.com/7y57y , will take you to a quality Philippine company that gives members excellent service. They have a track record with us. I recommend them without reservation.
Other affiliates are at http://www.livinginthephilippines.com/affiliates.html .
List problems: Contact List Guides at LinP1Mods@yahoogroups.com . Read the rules yet? They are at http://www.livinginthephilippines.com/rules.html .
Earn your degree in as few as 2 years - Advance your career with an AS, BS, MS degree - College-Finder.net.
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch format to Traditional
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
__,_._,___