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Is 100,000 pesos per month enough in the Phils?

 
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Thu Sep 03, 2009 7:20 pm    Post subject: Is 100,000 pesos per month enough in the Phils? Reply with quote

Just curious if this amount is enough to live in a nice beach area.
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I-am-me



Joined: 21 Feb 2006
Location: Hermit Kingdom

PostPosted: Fri Sep 04, 2009 12:00 am    Post subject: Reply with quote

If you can't, you've got problems!!!!!
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tzechuk



Joined: 20 Dec 2004

PostPosted: Sat Sep 05, 2009 3:05 am    Post subject: Reply with quote

How much is 100,000 pesos?
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bbb0777



Joined: 24 Aug 2009

PostPosted: Sat Sep 05, 2009 3:49 am    Post subject: Reply with quote

Google will auto-convert currencies if you search for them. e.g.: I typed in:
"100,000 Philippine Pesos in KRW"

(I spelled out Philippine Pesos because I didn't know the 3-letter code for them offhand, so it's easier to just spell it out then check Wikipedia).

Anyway, it's ~2.54 million Korean Won. Which would seem like a lot in a poor nation, though I don't have any first hand experience.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Sat Sep 05, 2009 4:24 am    Post subject: Re: Is 100,000 pesos per month enough in the Phils? Reply with quote

Yaya wrote:
Just curious if this amount is enough to live in a nice beach area.


A nice beach and away from a major tourist trap.

rent for a 1-2 bedroom apartment - p5000
maid - p5000 (live out) p3000 (live in)
meals (p100 per meal - restaurant) p50 dine at home.

I run our house on about p10k per month but I don't have to pay rent.
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