-- Get a Quote on Expat Health Insurance.. bit.ly/expat-insurance-LBTSea -- How I send Money to the Philippines.. remit.ly/1amhoix -- Loctote Flak Sack Ⅱ - Anti Theft Backpack.. amzn.to/3tXuBDk -- The Only Filipina Dating Site I recommend.. bit.ly/christian-filipina-dating View My Videos by Category here.. bit.ly/reekays-video-playlists My New Late Night Podcast Channel.. th-cam.com/users/LATENIGHTWithReekay Articles at www.lifebeyondthesea.com If you find my content helpful, I appreciate the support. bit.ly/thanks-reekay-lifebeyondthesea JOIN as a Member to get exclusive videos not shared on the main channel! bit.ly/JOIN-Reekays-LifeBeyondTheSea #philippines #relationships #travel #cebu #vietnam #expatlife #reekay #lifebeyond #retirement #retired #expatlife _____________________________________________________________________ This channel contains affiliate links that support the channel at no extra cost to you. Thanks for your support! Some music may be provided by; TH-cam Audio Library Wondershare/Filmora Audio Creative Commons Music by Jason Shaw on audionautix.com
WHAT? How dare you to suggest men will pay for woman? 11:14 It's 2023. Time of equality and liberation for women. She can bring her own money and pay for herself.
I will add one piece of financial advice: Have a stash of money in a local bank that NO ONE else knows about, make arrangements to be able to access it in an emergency if needed, and DON'T TOUCH IT FOR ANY REASON OTHER THAN TO BAIL YOURSELF OUT OF A BAD SITUATION! I don't know how difficult that will be in the Philippines, but I imagine it can be done even there.
Regarding #1: you have to include unforeseen medical expenses. One of those on you or your partner can wipe out your saving if it’s a major medical problem.
I sell options for premium. I was able to built a 400k nestegg and live on option premium. 400k = $18,000/month (give or take). And I only spend about 5k/month. The rest goes to savings. Word of advice: Do not "ever" tell anyone how much you make or how much you're worth. Play like you barely scrape by. Live small around the home front. Live big when traveling where no one knows you. I wouldn't even tell your girl. Just saying... Summary: Act broke or you'll be a target / walking ATM machine.
LOL! Unless you have a safe for your valuable papers, get a safe deposit box for all those documents, i.e., passport, banking documents, etc. Guys should NEVER let these women move in with them. Let them know the deal upfront: I'm not the family ATM machine. No, you'll not get a weekly, monthly allowance.
Good video Reekay, You were the first person that got me interested in Philippines, and now 4 yrs. later I'm moving there July 14th .. Thanks for all your knowledge
Dont forget drunks and druggies. Most expat drama and legal problems are substance related. Being a foreigner who doesnt drink or do drugs moves you from the 80th percentile to the 95th percentile to these girls.
Guys for those of you who are still young, get life insurance when you are still young for the price of cup of coffee every day then then when it's time for you to retire cash your life insurance and invest the money on a stock profilio that will give you dividends. This is a supplement to your savings, retirement, SS and 401K
Unless your fully rich and have over 500k in hand, you need to have a passive income (property rentals, pension, etc) or a desirable skill that will allow you to find decent pay work. Remember, you may get 50usd an hour to drive heavy equipment in New jersey, but a local will do the same for $1/hr. The will only hire you if you do something no local can do as well.
if an expat's plan is to "find a job" in the PH... yes, he better have a specialized skill that is beyond what the local talent could offer. otherwise, he's looking at $6 a day at best.
after 8 years, she was planning to suicide me. I gave her a holographic will, which is of course no good. Her boyfriend was going to tip me off the 14th floor one night.. She was bleeding me for real estate, and jeeps. My property was going out the door and was given away or sold. She gave the jeeps to the drivers. Get a safe. After throwing her, her mother, and her daughter out, the BF left. He told her he only wanted my money.
One, went home and wanted $100 a day for family expenses. $400 later, the wedding was off and she was out the door. She was pressured by her brother, and I think the brother gave her a baby...
if you dont want your girl to work, you want her home to take care of you, you need to give her an allowence. Cant force her to be broke all the time. Normal allowance for girl in SE Asia is about 10-15% of your net pay. Most men will find they are still getting a bargain.
I live with my girl for $1500 per month, sometimes I go over a few hundred bucks but I am living "simple" as they say. She has one kid almost adult then he's out the door. My pension starts next year but in the meantime I have savings invested, rental income from home. I don't have a vehicle and we bus, trike or jeepney around. It all works and I know to not spoil her as thats the problem with some guys. Give them a sense of security but not wealth. They know what struggle is and want it to end. What helps to is saying you are not supporting the whole family right from the get go. My girl has no parents or siblings. She is adopted. Her adopted mom and uncles and aunts have money and drink all the time. They inherited some real estate and a rice farm so they are fine. If foreigner spends endlessly and finds, girl with them or not, that the cost of living is just as expensive as home, then there is no point in living in the Phils. The problem is TH-cam. Many guys, single and lonely catch on to the cheap living, sell what they have then go "live like a king" and the moment they meet a girl with great sex it makes them think its the fountain of youth and they are 18 all over again. The stupidity also comes back from that age too. I find it so pathetic some guys don't catch on to their money being sapped away whether its on a girl and her family or just on the bar scene and vices then they have no money to get home.
I knew a retired military guy that got taken by a " mercenary Filipina " ...I don't know all the details I didn't want press him because its painful to him but she married the guy...he's on cloud 9 ,she gets access to his funds and cleans him out and she vanishes ...he scrapes by on a meager pension , but fellow expats treat different and he is bummed and feels like a chump and barely scrapes by.
Happens everyday in Thailand they have the Patteya high flying club, guys jump from building balcony after loosing everything, im sure it happens all over Asia, only invest what you can lose, never talk about assets, baby rabies is the hook and you will be a daddy easily, best advice find where you want to live first in PI before girls enter picture, always rent and if things get bad leave to new area.
I've been here 5 years and know many expats. Half of the expats in relationships fall into catagory 3 and more and more new expats are coming with no subststainable income.
Right ....the Family .....if you are soft hearted ,they will CLEAN YOU OUT , the Philippines is a desert and and money is water . I knew one guy that was hitting the orphanages looking for a wife to circumvent this "brother needs a new transmission and Mom needs a new refrigerator." One guy gave girl's family an allowance every month to leave him alone !
A lot of maybes here but what I could tell you for a fact is that in the US the government has the woman's back not the man's and you are automatically screwed
Ricky question I meet a young lady 24 last year spent the 30 days with her very sweet. Nice family but big family. She just graduated 4 years college but what bothers me is no one works all live at home with there Gf and there kids not married she is the baby of the family. She needs to take a refresher course it was $300 I paid it. Then I gave her 100 on top for food and transportation. One week later she tells me she needs money for food. I ask her what happened to the 100 I gave you. She tells me she got large sack of rice for her family. My point is it was for her to help her get through her exams so she can help her parents family when she’s a police officer.I did tell her I’ll help this last time and if she asks again we are done. Feel bad but trying to get my point through. I’m coming next month for 5 months but starting to feel it’s over before I get there in my hart. I’m not cheep have big hart but feel this is wrong
this is, sadly, a very common situation. i've even faced it in my own marriage. but i got it resolved by setting limits. the hard part is that your filipina g/f is caught in the middle between your position (which is valid) and her family's needs. she's in a bad spot. so, first thing to establish with her is that you understand the position she's in. and that you don't want her to be stressed out. next, and this is where the two of you have to be in-sync, you establish with her (not her family) what your limit is per month that you will help her out with. nothing beyond that. she really needs to understand that if you give her money for a specific purpose, it must go to that purpose. now, you two are still in the first month of actually knowing each other. i've spoken before about, "girlfriends get girlfriend money.. a wife gets wife money." the limit for a new g/f this first 3-months should not be going over $100. i usually recommend just $30/month. the reason being, not only to set down boundaries but to establish for yourself that she is with you for.. You, not for your money. believe me, if you fall into the unspoken trap of, "if you loved me you would give me the money".. the floodgates open. sky is the limit to the number of new 'emergencies' the family (not her) will push on her to get money from you. so, this is the first big test of your relationship. can she follow your instructions when you give her money? or is she going disregard your counsel and funnel the money to her family? in order for the two of you to last as a couple, you have to be able to be unified and work as a team. because my wife follows my counsel and boundaries with her parents, we have a good understanding with her family. a set amount per month, nothing more. we don't neglect her parents in the least, but we also don't give them a blank check. as a side note; i support her obligation to help out her parents each month. but it stops there. her brothers, sisters, cousins, etc... they're on their own. she has no obligation to them, only to her parents.
@@Lifebeyondthesea I agree we only spent one month together but keep in touch every day and night on computer but finding out there is not much connection so at lest my eyes are wide open this will be in Iloilo Nov. I’m going to try a TH-cam channel just for something to do not for income. # papa bear 007 as you can see I have no clue lol I have followed you over 10 years from Dumagette days your a well rounded TH-cam and I feel you never change some bloggers make good money and become asses sorry god bless Pete
I told my ldr she would get 200 dollars a month. If any family member ask me for money we are done. They will have to ask her and if she wants to give it comes out of her money. I will not get involved. Now i don't mind paying for some if we invite them on a getaway weekend but that also will be budgered. I was there for a month in January and paid for everything and everyone. But vacation mode is over and living mode will begin in August when I arrive. I will not get involved in family matters just as they should not get into mine. Does that sound okay to you with your experience
Most decent Filipinas wouldn’t ask you for any monthly allowance or even accept it just letting you know. And that’s a bad way to start off a relationship here. Just some good advice from someone who lives here
Filipinos in general are not used to making much money. When they have xtra money they spend it, which is kind of understandable, they like the feeling of freedom that it gives. When they have a foreigner boyfriend/husband they can go off the deep end quickly
I am a Filipino and I agree most of the Filipinos mentality is to live by the day. If I was in the Philippines, I always spend my money in one day and tomorrow is a different day.😆😆
I wouldn't care if the girls family thinks I'm Koriput. hahaha I'm Filam, and I know how my family is back in the province. They ask, knowing they wont pay back a loan, thinking that he can afford it. Its true, that I can afford it, but even in Filipino culture its also rude to assume that as well. Not all Filipino people are like that. Just the ones that are selfish. A lot of Filipino people are hard working and will offer up to a guest what little they have. They're very accommodating people. If you feel the need, help out if you can, or offer to pay for dinner/meals hear and there. Hell, send them a Balikbayan Box, but don't invest in the Sari Sari store or the Trike business, building them a new roof. You'll never see the money back, nor will you receive any gratitude. If the girl is worth it, and she's Wifey Material, she'll also consider your feelings as well. Remember fellas, you're the Hot commodity there. Women should be trying to impress you. Take your time and have more more confidence.
Hi Reekay. I’m fully aware of the potential consequences of bad planning. Therefore, I am in the planning stage BEFORE moving to the Philippines 🇵🇭. I do not have unlimited savings to live on for my remaining lifetime. So, I am currently searching for remote, online work to start here in Japan that I can continue once moving to the PHs. So far, I’m looking into teaching English online and working as a freelance writer, editor and proofreader. If you have any good leads on remote work, please let me know. Good advice! Thanks. Just a FYI, I sure won’t be throwing money at any Filipinas since I can’t afford it.
Very good video. I just subscribed. Very good advice. I was finally able to stop sending my Filipina girlfriend money. I went there and met her and her family when I went out there on another matter. I saw the bad conditions of their house and bought them a T.V., washing machine/dryer combo, fans and a refrigerator. Paid the electric bill a few times for them. Plus put a new roof on the house so no more leaking, etc. etc. etc. etc. I caught her lying to me about some money she claimed to need for something and after I sent it she bought a much less expensive item and tried to lie to me about. That was it. It's over for me. The money drain has stopped. Maybe the power will be shut off and all of those electric appliances will stop working.
your heart was in the right place. but we really have to take it slowly, and invest financially only after having vetted out their character and intentions in-person over a period of time.
Great video, Reekay. I'm in the group who would love to move overseas, but make my living in a brick and mortar environment that isn't conducive to remote work. Great job, but it requires my presence 3 days or nights a week. Currently just saving funds and exploring potential options. Thank you for the work you put into these videos!
If I retire to the Philippines my plan is to sell my house here in the suburbs and place the equity in various dividend stocks earning 6.5% + social security...
Great video.. A Big issue is when Americans brag too much to impress girls/Ladies. They throw out all the financial details to women they don't even know. Women dont ask how much you make the ask where do you live or stay. And then they can gauge your worth or income based on what you spend to sleep each night. Lonely guys get so much Attention that ALL precautions fly's out the window.
Well said! American is an MD w/ 1.2 million US in bank = share that you are prey. Rather say: "Oh, I used to drive truck, and get $1100 a month social security," the latter will likely find someone who just wants a relationship. The former will find they are prey.
Money can't buy love, sex and happiness anywhere in the world. The boat will not sail without a captain and skill. We need our brain in order to live not the money. Brain can't be replaced with money.
I blew through 6000usd within a month. Luckily, I had my return flight already bought and paid for. I learned an important lesson...as the Beatles would say 'money can't buy you love'.
1. Bad planning. Finite money/no income to offset expenses (0:22) 2. Falling in love too fast with a local and getting scammed (3:43) 3. Throwing money into the relationship (7:03)
A lot great wisdom shared. Hopefully the expat will listen. You would think a older man would know better. But that’s not always the case. I always say don’t date anyone you want marry. Because when strong emotions take hold. It’s hard letting go.
@12:15 I'm still waiting for that kind of lady. Been here in Thailand for almost 9 months and it's all money, money and more money. Not on board with that at all and I'm sticking to it. Just met someone new and we haven't even gone out and she's "bloke" and needs a 1000baht.
If you want a woman for marriage you went to the wrong country. Filipino women are the best wives. Filipino women believe in love, pair bonding, marriage. When they are with you they are in it for the thick and thin. They want you for life. They were made, bred and raised for marriage. That is who they are They don't even have divorce in their country. Divorces rates in Thailand are almost 40% Most Thai women are not in love. They are in business. There are always exceptions to the rule. Full disclaimer, my wife is Thai. However her case is different because she is the one who is rich and wealthy and grew up in a rich family as the only heiress, not me. However, I got a unicorn. She is the only Thai woman I have ever met that I can trully say that she really deeply loves me for me. If something were to happen to her I don't think I could ever find another Thai woman or just any woman that would love me like she loves me. I know that would possibly find one in the Philippines. If you want my advice and want a good woman that will lead to marriage go to the Philippines.
@@danwelterweight4137 You're preaching to the choir lol. At 71 yrs of age the last thing I'm looking for is marriage. I was just making an observation. I came here for the low cost of living, weather, food and the infrequent romp. So far so good.
Hey Reeky my dear friend, Thank you for your awesome advice. You are 100% correct. Thank you for sharing brother. God bless you and Vi always.😊😊😊😊😊😊😊😊😊😊😊❤❤❤❤❤❤❤❤❤❤❤❤❤
I got an idea, why not hire a 40-50 year old maid with kids, who’s poor and basically tell her listen, I’m here I’m lonely……. Wanna make a extra 1k peso? Lol
as a single guy, i see nothing but liability hiring a maid. a maid, as you described, is best for a family to help the wife with running the home and watching the house when you're away. but it's not a smart idea for a single man, nor is it a necessity just because it is affordable.
A certain percentage of expats in the Philippines are gullible. They need to be reminded of all the negative things that can happen if they act in a certain way. I am naturally suspicious of people which is a good thing. Not everyone you're going to meet is going to do the right thing. You can easy be taken advantage if you're gullible! It's life and there are people out there who will do that. Great vlog Reekay!
2003, guy was in Manila, over stayed his visa. He was broke so the girl left. He was eating at Robinson mall. Huge meal wine, the works. The waiter came with the bill, he stood up and jumped over the rail. A three story plunge. DOA
Wow! after 61 yrs. of life with all the woman I've came in contact with over that time I've never met a woman that ever even made me think about doing some shit like that, hell I would like to see one just see what she looks like but then I'm jaded oh well.
I do not have saving and I depend on a lifetime pension plus Social Security Benefits $3266/month. I regret collecting my pension at 50. Now I am 62 collecting Social Security too. If I had waited until 55, I would receive $3,200 pension benefits.😔I not going to retire to Philippines though. I will be heading to Thailand instead.
Thanks for the advice bro. Was planning a trip to the Philippines soon. But it sounds like I need to save up some money. I have about 12 more years before I can get to retirement age so I guess I have time :-)
Yeah it's good to do it right the first time around bro..believe me you'll have a great time out here. There's a good group of brothers out here in Angeles city living their best lives!..Take good care and stay safe out there 🙏 💯🤙
Bro I’m 27 and Jobless gonna go travel there for a few months with a passive income job and 10k cash, it’ll work out forsure. $1400/m passive until it doesn’t work anymore.
Their is no passive here, You better have passive, Most men, Drunks, Sex themselves to Broke and over spend, If you have lump and retire think Passive, Rents, retirement, what ever but don’t just come on a Lump some, It will go so fast,1 year bro, We have 3 homes, Passive, retirement, And accounts growing, 8 years. Strong, No money was made here for investments until now, God Bless
@@danwelterweight4137or maybe you just tell her you wanna be with me: this is my culture. Don’t like it, date a guy who’s cool with giving his money away
What do you recommend? I’m getting $3300 a month for the rest of my life plus I have about 60,000 in my 401(k) I just started do I need to get insurance or do I need to put $20,000 aside what would you recommend and how does the insurance work? Does it work like it does over here in the US or do I pay upfront and the insurance reimburse me help me out. Thank you very much.
all things considered.. i believe having a health insurance policy is best for the future. yes, small incidentals.. even small surgeries can be paid at under $3,000 with savings. however, if it is a big-ticket item such as cancer, heart issues, major surgery, stents... that's when one will wish they'd gotten health insurance. you can get more specific answers on a policy here.. bit.ly/expat-insurance-LBTSea
@@Lifebeyondthesea Hey, thank you so so much for your help I believe from what I’m hearing I’m wanting to move somewhere in the province ofCebu close to the coast 3300 a-month for the rest of my life and my 401(k) I should do it and live very comfortable correct not getting extubated with the money but just living western through them just a living you know and do a little island hopping I can make that happen, correct? I have no debt when I go over there I’m gonna pay cash for a car and cash for a motorbike and cash for furniture. I have zero debt other than rent.
-- Get a Quote on Expat Health Insurance.. bit.ly/expat-insurance-LBTSea
-- How I send Money to the Philippines.. remit.ly/1amhoix
-- Loctote Flak Sack Ⅱ - Anti Theft Backpack.. amzn.to/3tXuBDk
-- The Only Filipina Dating Site I recommend.. bit.ly/christian-filipina-dating
View My Videos by Category here.. bit.ly/reekays-video-playlists
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WHAT? How dare you to suggest men will pay for woman? 11:14
It's 2023. Time of equality and liberation for women. She can bring her own money and pay for herself.
Wise advice as always. Really enjoy your channel.
I’ve spent over 20 years in the Philippines that is some top notch advice Good job dude.😀🌴🌴🍺🍺
Immensely profound information, very paramount to.. discern the spirits then youll know thev Truth.
Great! advice my Friend
As the adage goes, “fail to plan is planning to fail”
I will add one piece of financial advice: Have a stash of money in a local bank that NO ONE else knows about, make arrangements to be able to access it in an emergency if needed, and DON'T TOUCH IT FOR ANY REASON OTHER THAN TO BAIL YOURSELF OUT OF A BAD SITUATION! I don't know how difficult that will be in the Philippines, but I imagine it can be done even there.
Money is King!
Booze---Broads---Boredom
Yea, that boredom will get you every time.
I agree ,try stay off the booze,will help big time,for starters
Stay away from poor women with big families they will bleed you dry 😂 !
Marriage
The 3 Beeees😂
Regarding #1: you have to include unforeseen medical expenses. One of those on you or your partner can wipe out your saving if it’s a major medical problem.
If you have U.S. medical insurance like Medicare you can go to Guam for services.
@@vachelmcfarland4886how far away is Guam? What does it cost to fly there?
@@tserevenad 4 hour flight Manila to Guam ( around 350-550 US dollar $ )
Good idea unless you have a heart attack or stroke and not able to go anywhere except closest hospital and hope for the best.@@vachelmcfarland4886
And stupid if you dont have income ,20k is only emergency money you should still have to pay a health insurancd if your a senior
Reekay, there are TH-camrs among TH-camrs. You are one of the best. Thanks for the info you have provided through the years.
I sell options for premium. I was able to built a 400k nestegg and live on option premium. 400k = $18,000/month (give or take). And I only spend about 5k/month. The rest goes to savings.
Word of advice:
Do not "ever" tell anyone how much you make or how much you're worth. Play like you barely scrape by. Live small around the home front. Live big when traveling where no one knows you. I wouldn't even tell your girl. Just saying...
Summary: Act broke or you'll be a target / walking ATM machine.
good advice.
LOL! Unless you have a safe for your valuable papers, get a safe deposit box for all those documents, i.e., passport, banking documents, etc. Guys should NEVER let these women move in with them. Let them know the deal upfront: I'm not the family ATM machine. No, you'll not get a weekly, monthly allowance.
Learn the Power of the word
NO !
Good video Reekay, You were the first person that got me interested in Philippines, and now 4 yrs. later I'm moving there July 14th .. Thanks for all your knowledge
Well welcome to the Philippines. I have been here 7 months and it can be tough but worth it I think
14th of July is a perfect date to move bro. I moved to Thailand 14 of July 2008 and I never looked back to my expensive and cold home country Norway
Really good info, love your new videos and images. Totally refreshing and captivating l!!!
Thanks so much!
I heard a great idea, just pay for it once or twice week, cheaper in the long run.
Dont forget drunks and druggies. Most expat drama and legal problems are substance related. Being a foreigner who doesnt drink or do drugs moves you from the 80th percentile to the 95th percentile to these girls.
absolutely. the local guys set the bar pretty low. ha!
@@LifebeyondtheseaI'm tall. I set the bar high!
Guys for those of you who are still young, get life insurance when you are still young for the price of cup of coffee every day then then when it's time for you to retire cash your life insurance and invest the money on a stock profilio that will give you dividends.
This is a supplement to your savings, retirement, SS and 401K
Unless your fully rich and have over 500k in hand, you need to have a passive income (property rentals, pension, etc) or a desirable skill that will allow you to find decent pay work. Remember, you may get 50usd an hour to drive heavy equipment in New jersey, but a local will do the same for $1/hr. The will only hire you if you do something no local can do as well.
if an expat's plan is to "find a job" in the PH... yes, he better have a specialized skill that is beyond what the local talent could offer. otherwise, he's looking at $6 a day at best.
dude. i am jealous of the dude that would just up and move to the Philippines with no money. that's crazy big balls.
Ego is zero calories
I'm in South East Asia. In Thailand I ran out of money every month.
I get ~$3500 a month for life.
Now I'm in Malaysia saving 1 to 2k a month.
90%?
after 8 years, she was planning to suicide me. I gave her a holographic will, which is of course no good. Her boyfriend was going to tip me off the 14th floor one night.. She was bleeding me for real estate, and jeeps. My property was going out the door and was given away or sold. She gave the jeeps to the drivers. Get a safe. After throwing her, her mother, and her daughter out, the BF left. He told her he only wanted my money.
One, went home and wanted $100 a day for family expenses. $400 later, the wedding was off and she was out the door. She was pressured by her brother, and I think the brother gave her a baby...
Very good points.
if you dont want your girl to work, you want her home to take care of you, you need to give her an allowence. Cant force her to be broke all the time. Normal allowance for girl in SE Asia is about 10-15% of your net pay. Most men will find they are still getting a bargain.
i agree 100%. a good woman's love is priceless.
I live with my girl for $1500 per month, sometimes I go over a few hundred bucks but I am living "simple" as they say. She has one kid almost adult then he's out the door. My pension starts next year but in the meantime I have savings invested, rental income from home. I don't have a vehicle and we bus, trike or jeepney around. It all works and I know to not spoil her as thats the problem with some guys. Give them a sense of security but not wealth. They know what struggle is and want it to end. What helps to is saying you are not supporting the whole family right from the get go. My girl has no parents or siblings. She is adopted. Her adopted mom and uncles and aunts have money and drink all the time. They inherited some real estate and a rice farm so they are fine. If foreigner spends endlessly and finds, girl with them or not, that the cost of living is just as expensive as home, then there is no point in living in the Phils.
The problem is TH-cam. Many guys, single and lonely catch on to the cheap living, sell what they have then go "live like a king" and the moment they meet a girl with great sex it makes them think its the fountain of youth and they are 18 all over again. The stupidity also comes back from that age too. I find it so pathetic some guys don't catch on to their money being sapped away whether its on a girl and her family or just on the bar scene and vices then they have no money to get home.
I knew a retired military guy that got taken by a " mercenary Filipina " ...I don't know all the details I didn't want press him because its painful to him but she married the guy...he's on cloud 9 ,she gets access to his funds and cleans him out and she vanishes ...he scrapes by on a meager pension , but fellow expats treat different and he is bummed and feels like a chump and barely scrapes by.
Happens everyday in Thailand they have the Patteya high flying club, guys jump from building balcony after loosing everything, im sure it happens all over Asia, only invest what you can lose, never talk about assets, baby rabies is the hook and you will be a daddy easily, best advice find where you want to live first in PI before girls enter picture, always rent and if things get bad leave to new area.
Damn I leave if I got down to my last $10,000 😅😂
Incredible information. So wise. Love the channel.
Much appreciated!
Reekay! You probably saved a few people with this video! Bless you for that!
Good solid helpful information. +1 subscriber - Greetings from San Diego, CA
Facts Nothing but the truth GREAT VIDEO!!!
I've been here 5 years and know many expats. Half of the expats in relationships fall into catagory 3 and more and more new expats are coming with no subststainable income.
I appreciate your content and candid views.
Great advice Reekay
Exceptional delivery... Exceptional content. 👏
Much appreciated!
Right ....the Family .....if you are soft hearted ,they will CLEAN YOU OUT , the Philippines is a desert and and money is water . I knew one guy that was hitting the orphanages looking for a wife to circumvent this "brother needs a new transmission and Mom needs a new refrigerator." One guy gave girl's family an allowance every month to leave him alone !
Good discussion, thanks for sharing information.
Thankyou so much for that info, it sure makes lots of sense
Reekay’s words are saying caution, but his stock photography is saying sell everything and come to the Philippines. Lol.
When you are financially sound.
A lot of maybes here but what I could tell you for a fact is that in the US the government has the woman's back not the man's and you are automatically screwed
Ricky question I meet a young lady 24 last year spent the 30 days with her very sweet. Nice family but big family. She just graduated 4 years college but what bothers me is no one works all live at home with there Gf and there kids not married she is the baby of the family. She needs to take a refresher course it was $300 I paid it. Then I gave her 100 on top for food and transportation. One week later she tells me she needs money for food. I ask her what happened to the 100 I gave you. She tells me she got large sack of rice for her family. My point is it was for her to help her get through her exams so she can help her parents family when she’s a police officer.I did tell her I’ll help this last time and if she asks again we are done. Feel bad but trying to get my point through. I’m coming next month for 5 months but starting to feel it’s over before I get there in my hart. I’m not cheep have big hart but feel this is wrong
this is, sadly, a very common situation. i've even faced it in my own marriage. but i got it resolved by setting limits. the hard part is that your filipina g/f is caught in the middle between your position (which is valid) and her family's needs. she's in a bad spot.
so, first thing to establish with her is that you understand the position she's in. and that you don't want her to be stressed out.
next, and this is where the two of you have to be in-sync, you establish with her (not her family) what your limit is per month that you will help her out with. nothing beyond that. she really needs to understand that if you give her money for a specific purpose, it must go to that purpose.
now, you two are still in the first month of actually knowing each other. i've spoken before about, "girlfriends get girlfriend money.. a wife gets wife money." the limit for a new g/f this first 3-months should not be going over $100. i usually recommend just $30/month.
the reason being, not only to set down boundaries but to establish for yourself that she is with you for.. You, not for your money. believe me, if you fall into the unspoken trap of, "if you loved me you would give me the money".. the floodgates open. sky is the limit to the number of new 'emergencies' the family (not her) will push on her to get money from you.
so, this is the first big test of your relationship. can she follow your instructions when you give her money? or is she going disregard your counsel and funnel the money to her family? in order for the two of you to last as a couple, you have to be able to be unified and work as a team.
because my wife follows my counsel and boundaries with her parents, we have a good understanding with her family. a set amount per month, nothing more. we don't neglect her parents in the least, but we also don't give them a blank check.
as a side note; i support her obligation to help out her parents each month. but it stops there. her brothers, sisters, cousins, etc... they're on their own. she has no obligation to them, only to her parents.
@@Lifebeyondthesea
I agree we only spent one month together but keep in touch every day and night on computer but finding out there is not much connection so at lest my eyes are wide open this will be in Iloilo Nov. I’m going to try a TH-cam channel just for something to do not for income.
# papa bear 007 as you can see I have no clue lol
I have followed you over 10 years from Dumagette days your a well rounded TH-cam and I feel you never change some bloggers make good money and become asses sorry god bless
Pete
I told my ldr she would get 200 dollars a month. If any family member ask me for money we are done. They will have to ask her and if she wants to give it comes out of her money. I will not get involved. Now i don't mind paying for some if we invite them on a getaway weekend but that also will be budgered. I was there for a month in January and paid for everything and everyone. But vacation mode is over and living mode will begin in August when I arrive. I will not get involved in family matters just as they should not get into mine. Does that sound okay to you with your experience
Most decent Filipinas wouldn’t ask you for any monthly allowance or even accept it just letting you know. And that’s a bad way to start off a relationship here. Just some good advice from someone who lives here
Decent Filipinos don't get themselves involved with old Kanos..
@@thomasauslander3757then what do you call a kind, pretty Filipina who takes great care of her older expat partner, but doesn't ask for money?
How about $10k liquid, $1.4k/m passive income? Will I be okay in Thailand? Young and explorational and in school
Filipinos in general are not used to making much money. When they have xtra money they spend it, which is kind of understandable, they like the feeling of freedom that it gives. When they have a foreigner boyfriend/husband they can go off the deep end quickly
I am a Filipino and I agree most of the Filipinos mentality is to live by the day. If I was in the Philippines, I always spend my money in one day and tomorrow is a different day.😆😆
I wouldn't care if the girls family thinks I'm Koriput. hahaha I'm Filam, and I know how my family is back in the province. They ask, knowing they wont pay back a loan, thinking that he can afford it. Its true, that I can afford it, but even in Filipino culture its also rude to assume that as well. Not all Filipino people are like that. Just the ones that are selfish. A lot of Filipino people are hard working and will offer up to a guest what little they have. They're very accommodating people. If you feel the need, help out if you can, or offer to pay for dinner/meals hear and there. Hell, send them a Balikbayan Box, but don't invest in the Sari Sari store or the Trike business, building them a new roof. You'll never see the money back, nor will you receive any gratitude. If the girl is worth it, and she's Wifey Material, she'll also consider your feelings as well. Remember fellas, you're the Hot commodity there. Women should be trying to impress you. Take your time and have more more confidence.
Excellent advice…. You nailed it down.
Great common sense advice.
I love your videos.
Glad you like them!
Hi Reekay. I’m fully aware of the potential consequences of bad planning. Therefore, I am in the planning stage BEFORE moving to the Philippines 🇵🇭. I do not have unlimited savings to live on for my remaining lifetime. So, I am currently searching for remote, online work to start here in Japan that I can continue once moving to the PHs. So far, I’m looking into teaching English online and working as a freelance writer, editor and proofreader. If you have any good leads on remote work, please let me know. Good advice! Thanks. Just a FYI, I sure won’t be throwing money at any Filipinas since I can’t afford it.
here are a few..
remote.co/
weworkremotely.com/
www.ziprecruiter.com/
th-cam.com/video/78ziMp5NkQg/w-d-xo.html
GREAT ADVICE BROTHER..
Great points... If you don't plan well...
You plan to fail...
only dum ppl go over seas to any country with no job are pension.
"Met her for two weeks - so I can trust her." Unbelievable.
i know mine for 3 years,
Very good video. I just subscribed. Very good advice. I was finally able to stop sending my Filipina girlfriend money. I went there and met her and her family when I went out there on another matter. I saw the bad conditions of their house and bought them a T.V., washing machine/dryer combo, fans and a refrigerator. Paid the electric bill a few times for them. Plus put a new roof on the house so no more leaking, etc. etc. etc. etc. I caught her lying to me about some money she claimed to need for something and after I sent it she bought a much less expensive item and tried to lie to me about. That was it. It's over for me. The money drain has stopped. Maybe the power will be shut off and all of those electric appliances will stop working.
your heart was in the right place. but we really have to take it slowly, and invest financially only after having vetted out their character and intentions in-person over a period of time.
@@Lifebeyondthesea Yes. "In-person" is key. And over a period of time. good advice. Thanks.
I'm just curious, what made you to start sending money?
@@donh5794don't get any ideas 😜
Great video, Reekay. I'm in the group who would love to move overseas, but make my living in a brick and mortar environment that isn't conducive to remote work. Great job, but it requires my presence 3 days or nights a week. Currently just saving funds and exploring potential options. Thank you for the work you put into these videos!
You can do it!
@@EamonnHogan-pk1le or their lungs are damaged or the vax did their heart in
If I retire to the Philippines my plan is to sell my house here in the suburbs and place the equity in various dividend stocks earning 6.5% + social security...
Its way more expensive than these videos tell you it is
Good work Ricky.x.
Like anywhere else in the world, if you lead with your wallet you are going down a slippery slope. Great content per usual 👏
Yes, and no. If you got 25k in the bank, and your pension or retirement is $1,500 per month, then you should be alright.
Great video.. A Big issue is when Americans brag too much to impress girls/Ladies. They throw out all the financial details to women they don't even know. Women dont ask how much you make the ask where do you live or stay. And then they can gauge your worth or income based on what you spend to sleep each night. Lonely guys get so much Attention that ALL precautions fly's out the window.
American's think their kings and spend it like they are. live like a local if she stay with you then she good.
Well said! American is an MD w/ 1.2 million US in bank = share that you are prey. Rather say: "Oh, I used to drive truck, and get $1100 a month social security," the latter will likely find someone who just wants a relationship. The former will find they are prey.
Money can't buy love, sex and happiness anywhere in the world. The boat will not sail without a captain and skill. We need our brain in order to live not the money. Brain can't be replaced with money.
I blew through 6000usd within a month. Luckily, I had my return flight already bought and paid for.
I learned an important lesson...as the Beatles would say 'money can't buy you love'.
TF did you buy lol.
1. Bad planning. Finite money/no income to offset expenses (0:22)
2. Falling in love too fast with a local and getting scammed (3:43)
3. Throwing money into the relationship (7:03)
If we fail to plan.. we planned to fail..!!
I burn through $3000 USD per month in the Philippines.
Nothing to do with girls. I love scuba diving. Hard for me to not explore.
so true this man is right
The main way is trusting a woman with a beautiful smile and her family,,,take your time and study the family
I find 1000 per month a lot !!
So its women.
Only one way to go broke. You run out of money. lol.
There's no fool like an Old Fool!
Practice makes perfect
A lot great wisdom shared. Hopefully the expat will listen. You would think a older man would know better. But that’s not always the case.
I always say don’t date anyone you want marry. Because when strong emotions take hold. It’s hard letting go.
@12:15 I'm still waiting for that kind of lady. Been here in Thailand for almost 9 months and it's all money, money and more money. Not on board with that at all and I'm sticking to it. Just met someone new and we haven't even gone out and she's "bloke" and needs a 1000baht.
If you want a woman for marriage you went to the wrong country.
Filipino women are the best wives.
Filipino women believe in love, pair bonding, marriage.
When they are with you they are in it for the thick and thin. They want you for life. They were made, bred and raised for marriage. That is who they are
They don't even have divorce in their country.
Divorces rates in Thailand are almost 40%
Most Thai women are not in love. They are in business. There are always exceptions to the rule.
Full disclaimer, my wife is Thai. However her case is different because she is the one who is rich and wealthy and grew up in a rich family as the only heiress, not me.
However, I got a unicorn. She is the only Thai woman I have ever met that I can trully say that she really deeply loves me for me.
If something were to happen to her I don't think I could ever find another Thai woman or just any woman that would love me like she loves me.
I know that would possibly find one in the Philippines.
If you want my advice and want a good woman that will lead to marriage go to the Philippines.
@@danwelterweight4137 You're preaching to the choir lol. At 71 yrs of age the last thing I'm looking for is marriage. I was just making an observation. I came here for the low cost of living, weather, food and the infrequent romp. So far so good.
Giving thousands of $$ to a girl u think is pretty is wild … that’s just absolutely depressing if people do that 😂😂
Not to the pretty girl
Hey Reeky my dear friend, Thank you for your awesome advice. You are 100% correct. Thank you for sharing brother. God bless you and Vi always.😊😊😊😊😊😊😊😊😊😊😊❤❤❤❤❤❤❤❤❤❤❤❤❤
You are so welcome
Can you really live comfortably off $1,000 a month?
as a single-man, not much traveling, yes. but $1300 would be better. plus some savings in case of a medical/hospital issue.
You would be crazy to move there and think a lump sum will sustain you. You need a pension, SS income or Disability coming in every month to be smart.
Beauty is not goodness.
Oftentimes the opposite, at least in the West.
It's not like the movies, where the bad people look ugly
I got an idea, why not hire a 40-50 year old maid with kids, who’s poor and basically tell her listen, I’m here I’m lonely……. Wanna make a extra 1k peso? Lol
as a single guy, i see nothing but liability hiring a maid. a maid, as you described, is best for a family to help the wife with running the home and watching the house when you're away. but it's not a smart idea for a single man, nor is it a necessity just because it is affordable.
A pension and a good savings is critical
A certain percentage of expats in the Philippines are gullible. They need to be reminded of all the negative things that can happen if they act in a certain way. I am naturally suspicious of people which is a good thing. Not everyone you're going to meet is going to do the right thing. You can easy be taken advantage if you're gullible! It's life and there are people out there who will do that. Great vlog Reekay!
always be cautious, move slowly. trust, but verify.
I love the AI generated graphics
The hands though 😂
😎👍🇺🇲
The 3 things that can make a reasonably wise man go broke.
Women, Girls and Ladies.
😂
ladyboys too lol
Leaches of her family
Exactly having a steady stream they win unless they over spend pension social security
Does the Legend Reekay respond?
yes. :)
2003, guy was in Manila, over stayed his visa. He was broke so the girl left. He was eating at Robinson mall. Huge meal wine, the works.
The waiter came with the bill, he stood up and jumped over the rail. A three story plunge. DOA
Sad
Wow! after 61 yrs. of life with all the woman I've came in contact with over that time I've never met a woman that ever even made me think about doing some shit like that, hell I would like to see one just see what she looks like but then I'm jaded oh well.
I am never lending anyone money period .
According to my math, I need about 300,000 USD to retire on interest. Minimum. I can do it
I do not have saving and I depend on a lifetime pension plus Social Security Benefits $3266/month. I regret collecting my pension at 50. Now I am 62 collecting Social Security too.
If I had waited until 55, I would receive $3,200 pension benefits.😔I not going to retire to Philippines though. I will be heading to Thailand instead.
Thailand want you to have 60k USD in the bank, i am not sure if buying a few Condo's there count?
Thanks for the advice bro. Was planning a trip to the Philippines soon. But it sounds like I need to save up some money. I have about 12 more years before I can get to retirement age so I guess I have time :-)
Yeah it's good to do it right the first time around bro..believe me you'll have a great time out here. There's a good group of brothers out here in Angeles city living their best lives!..Take good care and stay safe out there 🙏 💯🤙
Bro I’m 27 and Jobless gonna go travel there for a few months with a passive income job and 10k cash, it’ll work out forsure. $1400/m passive until it doesn’t work anymore.
2million u be just fine😂
Missing the video portion.
Their is no passive here, You better have passive, Most men, Drunks, Sex themselves to Broke and over spend, If you have lump and retire think Passive, Rents, retirement, what ever but don’t just come on a Lump some, It will go so fast,1 year bro, We have 3 homes, Passive, retirement, And accounts growing, 8 years. Strong, No money was made here for investments until now, God Bless
Women, women , women 💰💰💰 = simping
I have many married friends here in the philippines. You marry a philippina and you Marry the WHOLE. Family !!!! And your money is never enough !!!
that your fault tell the ldr up front that not a atm for her family re lazy. make work it .
Your Santa clause all fn yr😮
@@hillbillyintheasia6122if you don't understand the culture of the country it's better for you not to get involved with them in the first place.
@@danwelterweight4137or maybe you just tell her you wanna be with me: this is my culture. Don’t like it, date a guy who’s cool with giving his money away
And visa versa hahaha 😆
Seems to defeat the purpose for an older guy if things are taken from him when health is declining. That was a sad story.
What do you recommend? I’m getting $3300 a month for the rest of my life plus I have about 60,000 in my 401(k) I just started do I need to get insurance or do I need to put $20,000 aside what would you recommend and how does the insurance work? Does it work like it does over here in the US or do I pay upfront and the insurance reimburse me help me out. Thank you very much.
all things considered.. i believe having a health insurance policy is best for the future.
yes, small incidentals.. even small surgeries can be paid at under $3,000 with savings. however, if it is a big-ticket item such as cancer, heart issues, major surgery, stents... that's when one will wish they'd gotten health insurance.
you can get more specific answers on a policy here..
bit.ly/expat-insurance-LBTSea
@@Lifebeyondthesea Hey, thank you so so much for your help I believe from what I’m hearing I’m wanting to move somewhere in the province ofCebu close to the coast 3300 a-month for the rest of my life and my 401(k) I should do it and live very comfortable correct not getting extubated with the money but just living western through them just a living you know and do a little island hopping I can make that happen, correct? I have no debt when I go over there I’m gonna pay cash for a car and cash for a motorbike and cash for furniture. I have zero debt other than rent.
@@RCFSULAW I will not have that I am retiring at 62 what do you recommend thank you for your help
3,300 a month get insurance for 547 easy cover everything , easy live in Philippine's have 2k after insurance
much better to come unprepared on the advice of an anonymous commenter. yah, right. 😂