Over my years of living in the Philippines, I have literally met thousands of expats. Some have become friends, others I have only met once or twice. There is one thing, though, that impacts nearly every single expat that I know or have met. That thing is financial. Nearly every expat that I have run across over the years always has limited funds. They came here with plenty of money, but spent it unwisely. Some came here thinking that their pension would be plenty for a super life in the Philippines, especially when added to their "significant" (they thought) savings. Somehow, though, those funds in savings never seem to be enough.
Hey, I am not belittling anybody here, I got myself in the same situation a couple of times over the years, but luckily have always been able to work my way out of it. My first incident where the financial alarm bells were buzzing happened just 2 years after I moved here. I came here thinking that I had plenty of money and it was not even a worry