Quote from bsrtbsn
typical phil salary - Php 8,000/ month
apartment (cheapest studio)- 6,000
meralco - 1,000
water- 300
daily allowance-(100/day) 3,000
groceries for one person - 4,000
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14, 300.
do the math literally and figuratively
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>> Alright, let me give you Philippine-based nurses an imaginary Filipino-American registered nurse living and working in the San Francisco Bay Area. This RN (male or female)
is most probably married and has two school-aged children. Let's break down their imaginary income and imaginary expenses. (This is only one example of thousands of RNs living here but I'll try to be in the middle ground the best I could). Earnings: Fil-Am's nurse's monthly income.......$10,000/month. Spouse's income..............................$7,000/month. Total gross income...........................$17,000/month. Total net income after deductions......$12,000/month. (estimate)
(most of the deductions go to Federal and State taxes. RN gets free or reduced cost for family's health, dental and eyeglasses insurance/coverage from the employer)
Major expenses: Home mortgage...............................$2,000/month. Electricity/heating/natural gas.........$150/month. Garbage and water fees....................$150/month. Groceries/Food................................$800/month. ($200/week) RN's luxury car.................................$500/month. (Many RNs drive nice cars!)
Spouse's car....................................$300/month. 2 Car insurance................................$300/month. Life insurance..................................$150/month ($1,800/yr. for 2 people) Home insurance...............................$75/month. Enterteinment.................................$100/month. Restaurant......................................$1 50/month. Children's private school tuition........$1,200/month. Clothes........................................... .$200/month. Other expenses (estimate)...............$200/month. Total expenses.................................$6,275/month. Savings........................................... $5,075/month.
(Monthly savings will be vastly reduced if the RN had bought a large home in the suburb just in the last few years. Monthly home mortgage could be $3,000/month or more. Real estate tax is payable once a year, or pay 50% of total twice a year to suit one's budget.)
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