Average Monthly Salary for a Decent Living

[froshie1]

No. 75k lang.
20k yung tax. Di na nga ako nagfa file ng OT dahil mas lalaki yung tax, tapos gov't lang ang makikinabang. Hehehe

Sinwerte lang cguro ako kaya laki ng sahod... Hehehe

I can't find any sense of working OT and then not filing it for OT pay. You know why?

1.) Nagtrabaho ka na ng overtime tapos hindi ka pa magpapabayad.

2.) Thinking na malaki ang tax yes of course it goes without saying na lalaki ang tax mo pero lalaki din ang take home pay mo kung ifafile mo as OT. Di naman liliit ang sweldo mo kung magfafile ka ng OT mas lalo pang lalaki kahit mababawasan ka pa ng tax.


Biro mo nag OT ka na at di ka pa magpapabayad? Ok ka din ah hehehe. Ma-hire nga kita pag nag full time na ako sa negosyo. :D

[leonleon]

The biggest secret of financial discipline? Live within your means.

Although I won't disagree with you, because I do this (LIVE WITHIN MEANS) myself, some VERY RICH people I've talked to subscribe instead to this "philosophy":

FIND A WAY TO EARN MORE IF YOU CAN'T LIVE WITHIN YOUR MEANS.

The two may look/soud the same, but if you read between the lines, there's a world of difference. Just ask FG Mike Arroyo.

To me, though, it's easier to live within one's means.

[_Cathy_]

I can't find any sense of working OT and then not filing it for OT pay. You know why?

1.) Nagtrabaho ka na ng overtime tapos hindi ka pa magpapabayad.

2.) Thinking na malaki ang tax yes of course it goes without saying na lalaki ang tax mo pero lalaki din ang take home pay mo kung ifafile mo as OT. Di naman liliit ang sweldo mo kung magfafile ka ng OT mas lalo pang lalaki kahit mababawasan ka pa ng tax.


Biro mo nag OT ka na at di ka pa magpapabayad? Ok ka din ah hehehe. Ma-hire nga kita pag nag full time na ako sa negosyo. :D

I'd be happy to work for you for 75k net. kidding.

I rarely do OT and when I do, I don't file it as well, some bosses feel suspicious when you file OT. So as not to create any more issue I don't file it anymore.

[chua_riwap]

TRUE! FINANCIAL DISCPLINE LANG YAN! Mabuhay ka sa kung ano lang ang kaya ng sweldo mo. May iba kasi makasabay lang sa mundo kung ano ano na ang gagawing pangungutang.

I have a family of 5 (2 college students and 1 pre-schooler) Ako naman here is our break down of expenses, my net income per month is Php180,000

14K- wet and grocery
12K- college allowance for 2
4500K- electric bills
broadband/landline- 1K
500- tv cable
500- SSS
3K- gas car
300- water
37K- housing ammortization
Total: Php 73,300 Take note para sa family ko thats our basic needs excluding pa dyan ang pasyal/and other "luho" saka yung semestral tuition ng mga bata sa college (both in private colleges) I can say proper budgeting and LIVE WITHIN YOUR MEANS talaga. Huwag gayahin ang lifestyle ng iba na can afford ng tig 2M na kotse, shopping dito shopping doon. Great inputs by the way guys!

Wow! Pinas based ka ba Sir? P180K ang monthly mo? Mataas na yan. Managerial position ka na ba o mataas pa riyan?

[Rev!t]

Wow! Pinas based ka ba Sir? P180K ang monthly mo? Mataas na yan. Managerial position ka na ba o mataas pa riyan?

, o kaya may business din.
May usap-usapan din dito sa office namin na ganyan daw ang range ng salary ng boss (manager) namin...5 years ago. Sa ngayon, nasa 300K/mo na siguro. Kakainggit. yun lang, going 60 na siya.

pero parang imposible naman ang post ni miss gelahascue (check profile) kung salary niya ang P180K/mo at her age. o baka pinagpala lang, baka artista..

[tidus1203]

Malamang business yan sir tapos may mga properties pa na rent out. Unless tumanda ka na sa corporate ladder impossible yang ganung income na emleyado lang.

[legend2destiny]

Possible if working outside pinas.

[tidus1203]

Possible if working outside pinas.

Yeah pero malaki din kapalit nyan. Tumatanda anak mo na hindi ka nakikita at ikaw naman di mo nakikita anak mo tumatanda.

[gelahascue]

hahahaha. actually the "gelahascue" username is my daughter's name. my daughter made this account for me. so the information are from her since i dont know how to explore "forum stuff" before. hehehe. actually sir, im a seaman. electrical officer of Hyundai-Kia car carriers. but of course im not the highest paid rank in the ship. the captain and chief engineers can earn up to half a million a month..

[gelahascue]

we also have lending business and some lanzones farm in our province and some paupahan. para pag tanda may mahugutan pa rin ng income. hirap sa seaman walang separation/retirement pay eh.

[legend2destiny]

hahahaha. actually the "gelahascue" username is my daughter's name. my daughter made this account for me. so the information are from her since i dont know how to explore "forum stuff" before. hehehe. actually sir, im a seaman. electrical officer of Hyundai-Kia car carriers. but of course im not the highest paid rank in the ship. the captain and chief engineers can earn up to half a million a month..

There it goes, hehehe. Probably just another 5 years or so then early retirement for Gelahascue.

[gelahascue]

sana pero i still have ammortization sa house ng 5 years then baka bumili ng bagong tsikot probably next year or two years from now. hahaha. siguro 10 years pa then i'll retire na. 52 na kaya ako sir. hehehe.

[legend2destiny]

Yeah pero malaki din kapalit nyan. Tumatanda anak mo na hindi ka nakikita at ikaw naman di mo nakikita anak mo tumatanda.

I agree with you sir Tidus, but then again in pinas lets say we can have a net savings of 1M for say 15 years or compare to earn it 1 year outside. I myself is working outside pinas for the main reason that I want to retire early & enjoy my life while I still can I'm 32 at the moment, so still young & kicking. hehe

[gelahascue]

I agree with you sir Tidus, but then again we can in pinas & lets say net savings of 1M for lets say 15 years or earn it 1 year. I myself is working outside pinas for the main reason that I want to retire early & enjoy my life while I still can I'm 32 at the moment, so still young & kicking. hehe

yeah yun lang ang downside kapag abroad ka. sakripisyo talaga..

[chua_riwap]

^^ Tama ka, Bro.

Ako rin dito sa M.East nagtitiis. Pero kung dyan lang sa Pinas, walang mangyayari, baka di ko lahat napundar ang mga properties at mga gamit ko, pati pag-aaral ng mga anak ko. Kaya kelangan mag-sakripisyo.

[gelahascue]

^^ Tama ka, Bro.

Ako rin dito sa M.East nagtitiis. Pero kung dyan lang sa Pinas, walang mangyayari, baka di ko lahat napundar ang mga properties at mga gamit ko, pati pag-aaral ng mga anak ko. Kaya kelangan mag-sakripisyo.

oo nga eh. aba eh sa propesyon ko kung may makapagbigay sakin ng ganyang sweldo bakit pa ko magtiis sa abroad diba. sir, i sent you a PM nga pala.

[froshie1]

I'd be happy to work for you for 75k net. kidding.

I rarely do OT and when I do, I don't file it as well, some bosses feel suspicious when you file OT. So as not to create any more issue I don't file it anymore.

Cathy it's a matter of presentation. You guys have company policies about OTs right? Most of the time you need to inform your boss that this work entails OT (aka justify your OT work). So paalam mo, it's your right. Sayang ang oras. Time is the greatest thief of all! Once it's gone you won't be able to get it back.

[ghosthunter]

Some companies simply to not allow overtime unless truly required and approved by the bosses.

Employees see it as being a "salary cap" of sorts but the company bosses see it as keeping overhead costs down. What is the point if you are earning P50K/month but the company is lossing money and have to shut down in a few months time?

Having run my own business, overtime can greatly increase a company's overhead in two ways. One is the increase in the cost of labor (for the same job that can be done the next day). The second is the increase in electric bills because the office is open more hours in a month than it should be. A simple extra hour per day will be equal to an extra three days worth in the electric bill. Extending the computation to the year, it would be like paying for an extra month's worth of electricity.

[froshie1]

I'd be happy to work for you for 75k net. kidding.

I rarely do OT and when I do, I don't file it as well, some bosses feel suspicious when you file OT. So as not to create any more issue I don't file it anymore.

Cathy it's a matter of presentation. You guys have company policies about OTs right? Most of the time you need to inform your boss that this work entails OT (aka justify your OT work). So paalam mo, it's your right. Sayang ang oras. Time is the greatest thief of all! Once it's gone you won't be able to get it back.

[MAXBUWAYA]

pakiramdaman lang iyang sa OT.

If you think the company is earning a lot. Mag file ka.
Kaya kung panay ang dinner sa mamahaling restawran ng boss mo, doon mo malalaman kumikita company mo hehehehehe

Kung hindi. I think makisama ka, after all ang savings ng company is para sa ikabubuti mo din. Lalo nagyon daming bawasan ng emplyee.