Being a local now for 2 1/2 years in Cebu City, I have found if you're going to travel out at night especially around Mango Square where the nightclubs and girls are in this video, it's best to leave your credit cards and most of your cash locked up in your room. Take only 1,000 pesos with you (in case you get robbed or pick-pocketed) and you will have enough for the night. Or at the very least, put your credit cards somewhere else like in your socks, and most of your money in a different location than your wallet. If you get robbed and feel the need to cooperate, pull out your wallet where you put your 1,000 pesos for the evening, and hand what's left over of THAT cash. They'll be satisfied and you won't have lost everything. I might even leave my smartphone behind with my other valuables locked up in my room.