Typical Filipino Depositor’s Bank Balance...

[_Cathy_]

Ergo, nung nasa Pinas ka pa, upper income ka since I'm sure hindi naman 30k/month sweldo mo. And that's not even counting your parents' income. Naalala ko lagi mo sinasabi middle class ka lang eh hehe.



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Middle class naman talaga kami. Often times I feel sorry for myself when I am problematic about money. Our life was comfortable before a series of tragedies happened in our family that also impacted our finances.

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[jut703]

Middle class naman talaga kami. Often times I feel sorry for myself when I am problematic about money. Our life was comfortable before a series of tragedies happened in our family that also impacted our finances.

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So if middle class kayo, paano yung nasa 30-80k monthly income lang? Just trying to be consistent here.

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[Wave24/7]

if you dont mind me asking.. 90-120k/yr or more or less?

About in that range..


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[ray_noel]

About in that range..


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Malaki pala... baka pwedeng pa ambonan mo naman ako sir... [emoji3577]


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[Wave24/7]

Malaki pala... baka pwedeng pa ambonan mo naman ako sir... [emoji3577]


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Di naman bro, ayos lang.


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[CVT]

We use our ccs about 95% of the time due to convenience and security.. We have 4 and our current balance is not more than $300.

We buy our vehicles used in cash and drive them as longer as we can. That way we can buy a brand new one in cash anytime without paying interests.

About in that range..

Way to go, bro.... You're working on being financially secured, or you're there already...

Of course, plus you part time gigs...

[CVT]

Depends on what segment you're referring to.

For perspective, this is how economists classify Filipini households:



k

Bro,- I noticed that this was for 2012,- 7 years ago.

Is there one that is more current?

I hope that a lot of better things happened since 2012.

[dr. d]

Bro,- I noticed that this was for 2012,- 7 years ago.

Is there one that is more current?

I hope that a lot of better things happened since 2012.

i agree.
times have changed... dramatically.
them money figures have to be up-dated.

[CVT]

Here's what I found first pass...

Interpolated numbers based on prices in 2015 and 2017...

Here's the link:

https://pidswebs.pids.gov.ph/CDN/PUB...idsdps1820.pdf

Table 3: Indicative range of monthly family incomes (for a family of 5) in 2015 and 2017
Income Cluster
Definition: Per capita income

Indicative Range of Monthly Family Incomes (for a Family Size of 5 members)

At 2015 prices
At 2017 prices

1. Poor less than official poverty threshold
Less than PHP 9,100
Less than PHP 9,520

2. Low income (but not poor) between the poverty line and twice the poverty line
Between PHP 9,100 to PHP 18,200
Between PHP 9,520 to PHP 19,040

3. Lower middle income between two- and four- times the poverty line
Between PHP 18,200 to PHP 36,400
Between PHP 19,040 to PHP 38,080

4. Middle middle income class between four- and seventimes the poverty line
Between PHP 36,400 to PHP 63,700
Between PHP 38,080 to PHP 66,640

5. Upper middle income between seven- and twelvetimes the poverty line
Between PHP 63,700 toPHP 109,200
Between PHP 66,640 to PHP 114,240

6. Upper income (but not rich) between twelve- and twenty times the poverty line
Between PHP 109,200 toPHP 182,000
Between PHP 114,240 toPHP 190,400

7. Rich at least equal to twenty times the poverty line
At least PHP 182,000
At least PHP 190,400

Source: Authors’ calculations

[Sebastian Bach]

I'm confused with these data. Are these GROSS family income or are they NET take home income?