What is a good monthly budget for a family of three in Cavite?

Post new topic

Arcadieus Contributor

Member since 06 August 2020

ArcadieusContributor07 August 2020 08:00:17

112

I make enough currently to live pretty comfortably in Cavite, but I would like to save at least 2/3rds of my monthly income.

My girlfriend owns her home there and she is currently spending about 20-25k pesos a month for mortgage, utilities and tuition for our son.

I do want to get a bigger house for the 3 of us and rent her current home out.

Cherryann01 ViP

Member since 19 October 2018

Cherryann01ViP07 August 2020 08:52:59

1103

Sounds like a good plan to me. Saving 2/3 of your monthly income should give you a really nice nest egg when you decide to retire and I guess the size of your house depends on how many kids you currently have or intend having.

Articles to help you in your expat project in the Philippines

Lifestyle in the Philippines
About to move to the Philippines? Wondering how you're going to adapt to your new environment and lifestyle? ...
Getting married in the Philippines
Getting married in the Philippines provides a backdrop of immense beauty through stunning beaches, tropical ...
Dating in the Philippines
The beauty of the Philippines, with its dramatic modern and old Spanish architecture, plus the golden sands and ...
Obtaining a Philippines driving licence
Whether you are converting your existing foreign driving license or applying as a first-timer for a Philippines ...
Leisure activities in the Philippines
Consisting of more than 7,000 islands, the Philippines is a real treasure that you can explore during your stay ...
Diversity and inclusion in the Philippines
The culture of the Philippines is very diverse. This is due to the large mix of different nations in this country, ...
Choosing your neighbourhood in Manila
Choosing a neighborhood is one of the most critical decisions that expats need to make when moving to Manila. Each ...
Phones and Internet in the Philippines
When moving to the Philippines, the first ‘essentials' is telecommunications; Getting a local sim card and ...