-----Original Message-----
From: LivingInThePhilippi
[mailto:LivingInThePhilippi
Sent: Saturday, January 12, 2008 12:30 AM
To: LivingInThePhilippi
Subject: [LinP3] Re: Handling the falling dollar.
Coming from a "newbie" who's just made the transition from the US to the
Philippines, I'm glad to hear that you guys feel the same as I do about
living here. Yes, I've been "ragged" about some of the experiences I've had
since arriving, but after what just happened back in Tulsa OK where I moved
from, (check out the blizzard they had last month) it's gonna take a lot
worse things to happen here, before the thought of leaving will cross my
mind.
Having a health condition that is compounded by cold weather, and having
lived in FL and other "warm climes" in the States, I realized a couple of
years ago that I would have to relocate somewhere other than the USA to
enjoy my declining years in some measure of comfort.
Most especially since I have to deal with a fixed income brought about by my
condition.
And to make matters even better, I was blessed to find and marry a lovely
Filipina, a professional who already owned her home, car, and has no desire
to move to the States, just to visit the places she felt interesting. When
asked by her fellow teachers as to why she wants to remain in the PI, her
rationale is that our money goes a lot further here in the PI, than in the
States, so why move there? Guess I'm blessed in that respect also.
When I came here on R&R back in the 60's, the $/peso rate was not all that
great then, but the country, atmosphere, and most of all the people, was
enough for me to desire coming back, it took me almost 40 years to get back,
but now that I'm here, I'm staying . I LOVE my country, but I just can't
afford to live there, not with the conditions I face from a health
standpoint.
--- In LivingInThePhilippi
<jtberg_liri@
>
> Don. That's true. I would rather live here in the Philippines even if
> the cost of living were the same as in the US; I just like the place.
> One good thing though, we have a lot of room to maneuver if we need to
> cut the budget. If worse came to worse, we could always adopt the
> Filipino diet and learn how to eat fish. Probably filet it and make
> our own tartar sause and we would do just fine. We
have
> a very nice house now but we could always sell it and build a
native
> style house which would be comfortable also. Put in the napa
mating
> for walls and could probably get by with only a fan since ventilation
> would be much better than concrete with small windows
as
> most houses seem to be built here. Don;t really need a car either
> which would save a lot. Back in the US, at times I used to really
> worry about where the next meal is coming from. At least, we don't
> have that worry here. I feel much better off here than in the US.
> Life was a real fight there just to keep your head above water. At
> least, for me it was. John. San Carlos City, Pangasinan.
Don from http://www.livingin
Dear John,
Yes, John and jt. So now I pay $80 instead of $40 for a helper or $100 if
you agree with the math we have seen. The quantifying in peso to dollar
makes things look terrible when you count in inflation. But how do you
figure the cost and value of happiness?
I note we are forgetting the availability of labor here, and the basic price
different on the dollar side.
In the States I would not have a helper or two. If I did, no way would I
have one like there are here. If I did, what, $35,000 a year? Some older
folks need people to help then and some like me, older too, who are just
spoiled from having helpers so long. Yes, some would stay just for the
companionship and aid of the helpers, not to mention everything else they do
for you. My house is always full of laugher as are many here. How much is
that worth? Where can you find it but here?
I hear a lot of expats, formerly fat from the P56 to one complain. But I see
few leaving. And I bet most of them will be back. The
re was a mass exodus from Angeles after Mt. Pinatubo blew up. They went to
Mexico, Costa Rica, Texas and other. Most came back and kiss the Philippine
soil. I will not leave even in a box. I am sure I will have company here,
expats and Filipinos.
Very best always,
Don
http://www.livingin
A positive view of the Philippines
http://www.livingin
http://groups.
Don A. Herrington
Philippines, Heart of Asia:
>
> --- In LivingInThePhilippi
> <don.herrington@
> >
> > --- In LivingInThePhilippi
> > <jtberg_liri@
> > >
> > > Bud. We came over almost 3 years ago when the peso was at 56.
> At
> > > that time, I expected the dollar to weaken and put everything I
> had
> > > into pesos. I am continuing to do so since I expect the dollar
> to
> > > fall further as time goes on. When it hits 30 in a year or two
> (my
> > > prediction) today's exchange rate of 40 will look pretty good.
> >
> > Dear Jt,
> >
> > You point is well take. Pray tell, if the sky does fall, were do
> we
> > run? No where like here, and English speaking country were folks
> take
> > care of each other. And you don't freeze in the winter time, warm
> > climate warm people the best place in the world to live like a
> pauper
> > pauper if you post is corret.
> >
> > Personal I feel this is panic setting in, expect to see a lot
> of "sky
> > is falling," or already fell posts. I still pay my $380 rent on
my
> > six bedroom house and eat pretty good, will find a way to do that
> if
> > it goes to P20 to one. At P1 to P1 I will still have warmth and
> > enough to buy a bottle of rhum. :)
> >
> > For those who don't remember the P56 to 1 was a relatively quick
> > bump, even P57. A lot more are staying and enjoying life here
tbat
> > going back to their countries, especially the US where people are
> > cold and always have been.
> >
> > Respectfully,
> > Don
> >
> > Don A. Herrington
> > http://www.livingin
> > Philippines, Heart of Asia:
> > Expat, Foreigner, Tourist Forum
> > http://www.livingin
> >
>
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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.
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