Typical Filipino Depositor’s Bank Balance...

[_Cathy_]

masyado yatang mataas yang 70K per month tapos x 2 pa? mas realistic eh mga nasa 30K a month x 2 siguro..

Living in a bubble si CVT

30k each more realistic nga for a middle class family

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[boybi]

Minimum lang yung $30K/yr income.

If talking about middle class, should be more than $60K/yr

[CVT]

Living in a bubble si CVT

"What would they do

If they found out we were through

With the little lies and

The downtown aggravations?

That we traded them away

For a quiet country day

That we had hoped to share

Would they try to find out

Where we were?...

Or... leave us alone....?"...

[jut703]

Living in a bubble si CVT

30k each more realistic nga for a middle class family

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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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[jut703]

masyado yatang mataas yang 70K per month tapos x 2 pa? mas realistic eh mga nasa 30K a month x 2 siguro..

Depends on what segment you're referring to.

For perspective, this is how economists classify Filipini households:



The Tsikot demographic (i.e. car-owners) are mostly in the upper middle class and higher - this comprises about 850,000 households, equivalent to just 4% of the total PH population.

But then again, if you belong in this socio-economic strata, it feels very "middle-class" when you compare to the ultra rich (say, >1M monthly income). Even if you're near the top of the pyramid when viewing the Philippine economy from a macro lens, you can still know thousands of people who are exponentially richer than you are, lending the feeling of being middle class.

In the urban setting where educated people live and work in business districts, the definition of middle class is different compared to when you take the entire Philippines including the outskirts where people subsist on a few pesos per day.

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[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.

[MR_BIG18]

Medyo mataas bro yung annual salary na 60k each....its closer to 40k..another thing to consider, are the single parents, most are african americans..kawawa talaga

Firefighter Works Three Jobs to Support His Family | A Hidden America with Diane Sawyer PART 1/4 - YouTube

Guess My Income | Lineup | Cut - YouTube

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[CVT]

Medyo mataas bro yung annual salary na 60k each....its closer to 40k..another thing to consider, are the single parents, most are african americans..kawawa talaga

Firefighter Works Three Jobs to Support His Family | A Hidden America with Diane Sawyer PART 1/4 - YouTube

Guess My Income | Lineup | Cut - YouTube

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Maaaring tama ka bro.

Inilagay ko lang sa middle income ang pamilya sa US, where the household income is > $100K, - para i-compare sa pamilya sa Pilipinas na parehong professional at nagtatrabaho ang mag-asawa.

Killer talaga sa US ang presyo ng bahay,- masyadong mahal vs. the annual income.... Lalo na sa mga big cities na >$1M ang bentahan.

Kung magre-renta ka naman,- baka > $1.5K per month ang ilalabas mo... $18K for one year.

Pero siyempre, iba ang serbisyo sa publiko at ease of access sa Amerika. At, opportunities para sa mga bata.... These make people wish they'd stay there.

Pero rito, may household help ka, na mahal sa kanilang i-afford.

Kaya bakasyon na lang lagi sila sa EU o sa Caribbean, at post sa IG at FB...

Tayo naman, sa Boracay, Cebu/Bohol, Phuket, Bali, HK, Korea, Japan, Taiwan...
(Huwag sa Singapore - mainit palagi roon... )

E di manos din lang...



- - - - - - - - - - - - - - - - - - - - - -

Hahahaha madali pala akong tatanda kung ganun!


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Kaya tumingin kang palagi sa salamin carwhacko...

[_Cathy_]

Maaaring tama ka bro.

Inilagay ko lang sa middle income ang pamilya sa US, where the household income is > $100K, - para i-compare sa pamilya sa Pilipinas na parehong professional at nagtatrabaho ang mag-asawa.

Killer talaga sa US ang presyo ng bahay,- masyadong mahal vs. the annual income.... Lalo na sa mga big cities na >$1M ang bentahan.

Kung magre-renta ka naman,- baka > $1.5K per month ang ilalabas mo... $18K for one year.

Bihira naman ang nakatira in the middle of the city. Marami pa rin naman bahay at the 100k mark. Saka kung nakatira within the city, upper income yun.

re rent, my eldest Aunt lives in downtown SF, studio apartment in their building costs USD3k per month daw

[CVT]

Bihira naman ang nakatira in the middle of the city. Marami pa rin naman bahay at the 100k mark. Saka kung nakatira within the city, upper income yun.

re rent, my eldest Aunt lives in downtown SF, studio apartment in their building costs USD3k per month daw

Kaya nga ang kanilang annual household income ay $120K,- dahil middle income family iyon....

Numbers ko for the apartment rental and the cost of houses,- nasa outskirts of the big cities,- where mahal pa rin ang mga renta at mga bahay....

[_Cathy_]

Kaya nga ang kanilang annual household income ay $120K,- dahil middle income family iyon....

Numbers ko for the apartment rental and the cost of houses,- nasa outskirts of the big cities,- where mahal pa rin ang mga renta at mga bahay....

Hindi namab $1m outside the city. Ang dali nga bumili house ng Americans

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[dr. d]

i have only one CC.
tanong nung CC pusher, "would you like the convenience of another one... ours, perhaps?"
"nope. i don't need it. i hardly use the one i already have."

[MR_BIG18]

Maaaring tama ka bro.

Inilagay ko lang sa middle income ang pamilya sa US, where the household income is > $100K, - para i-compare sa pamilya sa Pilipinas na parehong professional at nagtatrabaho ang mag-asawa.

Killer talaga sa US ang presyo ng bahay,- masyadong mahal vs. the annual income.... Lalo na sa mga big cities na >$1M ang bentahan.

Kung magre-renta ka naman,- baka > $1.5K per month ang ilalabas mo... $18K for one year.

Pero siyempre, iba ang serbisyo sa publiko at ease of access sa Amerika. At, opportunities para sa mga bata.... These make people wish they'd stay there.

Pero rito, may household help ka, na mahal sa kanilang i-afford.

Kaya bakasyon na lang lagi sila sa EU o sa Caribbean, at post sa IG at FB...

Tayo naman, sa Boracay, Cebu/Bohol, Phuket, Bali, HK, Korea, Japan, Taiwan...
(Huwag sa Singapore - mainit palagi roon... )

E di manos din lang...



- - - - - - - - - - - - - - - - - - - - - -



Kaya tumingin kang palagi sa salamin carwhacko...

Even with that income of 40k or less, people can still live comfortably as long as dont have the keeping up with the joneses mentality, sabi ng ni chinkee tan, the pillars to be financially free are, create passive income, stay out of debt, live below ones means..pero number one reason talaga for me is lack of contentment..

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[shadow]

Ewan ko lang. Mga adverse sa CC eh mga lumang tao na lumang magisip. Simple lang kung hinde ka makatulog sa utang mo sa CC eh di it means you should not have it to begin with.

It's a tool, a convenience. Meron ka bibilhin natural babayaran mo. Anong difference sa pag cash ginamit mo?

Yun nahkakapeoblsma hinde alama i-manage finances nila. Ganun ka simple. Hinde CC ang may problema yun tao.

Kung hinde ka marunong mag manage ng finances mo, kahit cash gagamitin. Mauubusan ka pa rin.
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[_Cathy_]

Ewan ko lang. Mga adverse sa CC eh mga lumang tao na lumang magisip. Simple lang kung hinde ka makatulog sa utang mo sa CC eh di it means you should not have it to begin with.

It's a tool, a convenience. Meron ka bibilhin natural babayaran mo. Anong difference sa pag cash ginamit mo?

Yun nahkakapeoblsma hinde alama i-manage finances nila. Ganun ka simple. Hinde CC ang may problema yun tao.

Kung hinde ka marunong mag manage ng finances mo, kahit cash gagamitin. Mauubusan ka pa rin.
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Yup. It blows my mind why people think they can get away with NOT paying the full amount of their purchase. CC ginagamit for convenience, points, tracking. May mga tao din na ayaw ng barya, saka yung SM na kulang parati magsukli, pag card hindi ka maiisahan.

[carwhacko]

Ewan ko lang. Mga adverse sa CC eh mga lumang tao na lumang magisip. Simple lang kung hinde ka makatulog sa utang mo sa CC eh di it means you should not have it to begin with.

It's a tool, a convenience. Meron ka bibilhin natural babayaran mo. Anong difference sa pag cash ginamit mo?

Yun nahkakapeoblsma hinde alama i-manage finances nila. Ganun ka simple. Hinde CC ang may problema yun tao.

Kung hinde ka marunong mag manage ng finances mo, kahit cash gagamitin. Mauubusan ka pa rin.
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Natumbok mo boss! I never pay minimum and I treat them as cash.


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[CVT]

Natumbok mo boss! I never pay minimum and I treat them as cash.


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E di parang baby ang kutis mo pala (ayon kay bro.shadow), carwhacko!

Yeah!

[carwhacko]

Hahahaha! Marami pa rin mas excessive kesa sakin. Anyway, I don’t let my money sleep sa bank kaya siguro rin nakakaluwag at nakaka afford ako ng mga kelangan at gusto ko. [emoji4]


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[Wave24/7]

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.


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[Wave24/7]

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.

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