What Are You Thinking About?

**chronicle** · January 17th, 2018 07:46 PM

Originally Posted by BlancNoir

Let's say, to live cofortably with the weekly inuman, to maintain a car, and to live on your own.

50k to 60k? If you dont have loan/mortage, or rent.
Depends on lifestyle as well.

**chronicle** · January 17th, 2018 07:49 PM

Originally Posted by _Cathy_

Banking and Audit pays the lowest I think.

FMCG maganda talaga.

Ironic. Those who handle money are paid the lowest.

**BlancNoir** · January 17th, 2018 07:51 PM

Originally Posted by chronicle

50k to 60k? If you dont have loan/mortage, or rent.
Depends on lifestyle as well.

Actually. I think 100k is enough?

Originally Posted by _Cathy_

We estimate our VP in Manila to be earning around P300k/mo. She is early 40s and her husband has a good job also. I don't know how much her husband earns but probably close? They don't spend much on education (kids study in Philippine Science High School). They travel at least once a year in Asia, Europe and US. They have 2 cars. 2 helpers. House in a middle class village.

Pero hindi pa din siya galante

Hehehe

Not bad. Malaki nga yung 300k

**_Cathy_** · January 17th, 2018 08:04 PM

Originally Posted by BlancNoir

Actually. I think 100k is enough?

Hehehe

Not bad. Malaki nga yung 300k

Ako nga 30s na wala pang 100k. None of my contemporaries in managerial level are earning 100k

Mali talaga ako ng industry na pinasukan

**Wh1stl3r** · January 17th, 2018 08:22 PM

Originally Posted by _Cathy_

Banking and Audit pays the lowest I think.

FMCG maganda talaga.

Dito lang siguro Cath. A guy I know in his 30s in JP Morgan earns a lot more than 300k. Granted that still isn't a lot in NYC but well above comfortable.

**_Cathy_** · January 17th, 2018 08:29 PM

Originally Posted by Wh1stl3r

Dito lang siguro Cath. A guy I know in his 30s in JP Morgan earns a lot more than 300k. Granted that still isn't a lot in NYC but well above comfortable.

I think that's just average in NY? Rent in NYC pa lang ang mahal na.

Sent from my GT-N7100 using Tapatalk

**Wh1stl3r** · January 17th, 2018 08:38 PM

Originally Posted by _Cathy_

I think that's just average in NY? Rent in NYC pa lang ang mahal na.

Sent from my GT-N7100 using Tapatalk

Not sure, he looks pretty comfortable hehe. Sabagay single din kasi.

**dreamur** · January 17th, 2018 08:42 PM

I reached the 6-digit mark on my 10th year with my previous employer and after being a manager for 5 years. Wife was still working at that time and 2 kids in elementary school. House on mortgage along with 2 cars. Savings was just a trickle but we can afford weekend shopping and dine out. My point is P100k would not afford a family of 4 enough savings for retirement.

I finally decided to leave the company after 17 years, which was the best decision I have made.

Sent from my SM-N950F using Tapatalk

**dreamur** · January 17th, 2018 09:19 PM

Another case:

A friend worked for P&G for several years rolling out new systems and hopped through various BPOs and SSCs migrating processes from different countries into Manila ended up with a salary of P400K/month and eventually retired upon reaching mid-40s and now comfortably running his own business and travels around the world with his family.

Lessons learned: never stay too long in one company and be ready to grab the next opportunity.

Sent from my SM-N950F using Tapatalk

**MR_BIG18** · January 17th, 2018 09:23 PM

Originally Posted by dreamur

I reached the 6-digit mark on my 10th year with my previous employer and after being a manager for 5 years. Wife was still working at that time and 2 kids in elementary school. House on mortgage along with 2 cars. Savings was just a trickle but we can afford weekend shopping and dine out. My point is P100k would not afford a family of 4 enough savings for retirement.

I finally decided to leave the company after 17 years, which was the best decision I have made.

Sent from my SM-N950F using Tapatalk

dapat talaga may passive income...now our passive is earning more than our active income

Sent from my SM-G955F using Tsikot Forums mobile app