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Post by Deleted on Jul 12, 2015 19:22:18 GMT 7
You know one aspect of making it in Thailand is not needing a lot of cash. As long as you have enough money to sustain your lifestyle and to comply with the visa regulations you're good to go.
If you ever get to the point you have to borrow your visa money, for example - then that's not good to go. That's failure. There's far too many people wandering about the place with their hands out begging "friends," to bail them out. What these failures fail to realize is that they put said "friends," under undue pressure when they do that.
"Friends," in inverted commas as you'll find this type will target people with faux friendship, then present the bill. There's plenty of that type in Thailand - plenty.
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The Arrow
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Post by The Arrow on Jul 12, 2015 19:35:12 GMT 7
You know one aspect of making it in Thailand is not needing a lot of cash. As long as you have enough money to sustain your lifestyle and to comply with the visa regulations you're good to go. If you ever get to the point you have to borrow your visa money, for example - then that's not good to go. That's failure. There's far too many people wandering about the place with their hands out begging "friends," to bail them out. What these failures fail to realize is that they put said "friends," under undue pressure when they do that. "Friends," in inverted commas as you'll find this type will target people with faux friendship, then present the bill. There's plenty of that type in Thailand - plenty. A consequence of not understanding long term fluctuation in exchange rates.
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Post by Deleted on Jul 12, 2015 19:39:30 GMT 7
You know one aspect of making it in Thailand is not needing a lot of cash. As long as you have enough money to sustain your lifestyle and to comply with the visa regulations you're good to go. If you ever get to the point you have to borrow your visa money, for example - then that's not good to go. That's failure. There's far too many people wandering about the place with their hands out begging "friends," to bail them out. What these failures fail to realize is that they put said "friends," under undue pressure when they do that. "Friends," in inverted commas as you'll find this type will target people with faux friendship, then present the bill. There's plenty of that type in Thailand - plenty. A consequence of not understanding long term fluctuation in exchange rates. Correct. Of course, in that case it's always the exchange rates fault - can't ever be their fault for not having a cushion. Goddam exchange rates, how dare they fluctuate - "I had plans, BIG PLANS!!!!!!!!!"
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smokie36
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Post by smokie36 on Jul 12, 2015 19:47:06 GMT 7
I have a little sympathy for folks who retired at 75 / pound....but apal of mine now dead sadly and who lived in Hong Kong for many years told me to buy big in Baht then....and cited long term averages as the reason.
I did and was cushioned when it hit 50 overnight.
Point is do your research...due diligence.
Amazing how many did not.
Sad for them.
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The Arrow
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Post by The Arrow on Jul 12, 2015 19:52:29 GMT 7
A consequence of not understanding long term fluctuation in exchange rates. Correct. Of course, in that case it's always the exchange rates fault - can't ever be their fault for not having a cushion. Goddam exchange rates, how dare they fluctuate - "I had plans, BIG PLANS!!!!!!!!!" I looked at rates going back to at least 1990, I think maybe earlier. Did all the big stuff over there at 76 to the Pound but knew the "real" rate would be between 40 to 50 long term. All told, it's not that cheap in Thailand. Apart from housing, local tax and some energy costs it's as expensive as the UK if you throw in education and healthcare to UK state standards. In fact I find grocery shopping cheaper in Blighty, cars cheaper in Blighty, white goods and clothing generally cheaper in Blighty . . . Now consider local incomes and Blighty looks like a bargain basement £shop compared to Thailand.
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siampolee
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Post by siampolee on Jul 12, 2015 20:00:44 GMT 7
With respect you could and perhaps should substitute the United Kingdom, America ,Australia, New Zealand the E.U.etc in fact any country in the world where people may live as opposed to their home country as opposed to Thailand.
The welfare state is a growth industry in the U.K. which to my mind seems to indicate the failure rate is higher there than it is here in Thailand.
The begging bowl is brandished at the state which of course means every taxpayer bails out the failures.Indeed the failure beggars friend are legion in their numbers and the taxpayer is unable to say sorry mate I can't or I won't help you.
Considering that you do not actually live in Thailand but visit on money making missions i,e, book writing in reality your judgement of the situation is I would say clouded and based upon perhaps bad personal experiences in the past either in the U.K or here or elsewhere.
In all of my 23+ years here I have never encountered anyone who has been destitute or wanting to borrow money. There was one case many years back of a character suffering terminal cancer and we raised the funds to ensure that he had enough money to survive in the U.K for a couple of months until he was accepted into a hospice. Yes some have returned to their home country for assorted reasons and many have returned later and settled comfortably, but as said, '' they were not failures financially or socially or matrimonial failures.
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Post by Deleted on Jul 12, 2015 21:06:58 GMT 7
With respect you could and perhaps should substitute the United Kingdom, America ,Australia, New Zealand the E.U.etc in fact any country in the world where people may live as opposed to their home country as opposed to Thailand. The welfare state is a growth industry in the U.K. which to my mind seems to indicate the failure rate is higher there than it is here in Thailand. The begging bowl is brandished at the state which of course means every taxpayer bails out the failures.Indeed the failure beggars friend are legion in their numbers and the taxpayer is unable to say sorry mate I can't or I won't help you. Considering that you do not actually live in Thailand but visit on money making missions i,e, book writing in reality your judgement of the situation is I would say clouded and based upon perhaps bad personal experiences in the past either in the U.K or here or elsewhere. In all of my 23+ years here I have never encountered anyone who has been destitute or wanting to borrow money. There was one case many years back of a character suffering terminal cancer and we raised the funds to ensure that he had enough money to survive in the U.K for a couple of months until he was accepted into a hospice. Yes some have returned to their home country for assorted reasons and many have returned later and settled comfortably, but as said, '' they were not failures financially or socially or matrimonial failures. The OP stated "in Thailand." So I have no need to spread my wings worldwide. My primary reason for visiting Thailand and South East Asia is to vacation there. The books are secondary, and I'm now in the wonderful position that my books pay for my trips in their entirety. That's because I applied the same logic to my "Thai time," as I do with just about everything. I saw an opportunity to make money - and I took it. As for the last para - we all have our own experience. Yours is no more valid than mine - and I know for a fact that several members of this board have encountered people with their hand out in Thailand. People who are unable to finance their own lives without borrowing, and putting stress on "friendships."
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Post by rgs2001uk on Jul 12, 2015 21:43:04 GMT 7
You know one aspect of making it in Thailand is not needing a lot of cash. As long as you have enough money to sustain your lifestyle and to comply with the visa regulations you're good to go. If you ever get to the point you have to borrow your visa money, for example - then that's not good to go. That's failure. There's far too many people wandering about the place with their hands out begging "friends," to bail them out. What these failures fail to realize is that they put said "friends," under undue pressure when they do that. "Friends," in inverted commas as you'll find this type will target people with faux friendship, then present the bill. There's plenty of that type in Thailand - plenty. There are two things I tell people in Thailand as soon as I meet them. I dont do drugs and I dont do loans, so dont bother asking. Someone short of a few thousand baht on a night out no problem, loans for immi or medical, no chance.
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Post by rgs2001uk on Jul 12, 2015 21:46:17 GMT 7
A consequence of not understanding long term fluctuation in exchange rates. Correct. Of course, in that case it's always the exchange rates fault - can't ever be their fault for not having a cushion. Goddam exchange rates, how dare they fluctuate - "I had plans, BIG PLANS!!!!!!!!!" To be fair, there a few I know who got crippled by interest rates, and are now eating into their capital. I know guys married to Thais living in the UK who now no longer visit the country, they used to use the bank interest to finance their trips. To me anything above 40 is a bonus.
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Deleted
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Post by Deleted on Jul 12, 2015 23:07:59 GMT 7
You know one aspect of making it in Thailand is not needing a lot of cash. As long as you have enough money to sustain your lifestyle and to comply with the visa regulations you're good to go. If you ever get to the point you have to borrow your visa money, for example - then that's not good to go. That's failure. There's far too many people wandering about the place with their hands out begging "friends," to bail them out. What these failures fail to realize is that they put said "friends," under undue pressure when they do that. "Friends," in inverted commas as you'll find this type will target people with faux friendship, then present the bill. There's plenty of that type in Thailand - plenty. There are two things I tell people in Thailand as soon as I meet them. I dont do drugs and I dont do loans, so dont bother asking. Someone short of a few thousand baht on a night out no problem, loans for immi or medical, no chance. Never a truer word there rgs. Been there, done that, ended up being a few thousand USD as he continued to leech from his folks all in the name of 'friendship'. I have a big heart, someone calls me in desperation saying they are in a detention centre and needs to pay overstay I send money, then it's flights again then it's other bs, the amount of crap was just not worth the friendship.
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Post by Deleted on Jul 13, 2015 5:01:38 GMT 7
Are me deary youm be aboyt right about that ere statue and who Dr Who be. Makes me realise just how ancient I am as I can recall watching the first series of Dr.Who in 1963 when William Hartnell was the good Dr. The angels are still used today.
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smokie36
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Post by smokie36 on Jul 13, 2015 6:50:58 GMT 7
Interesting conversation. Seems this conversation goes on in every expat forum for every country. For me just getting my feet wet on here "what does it take" translates to many of the things mentioned, but for sure its $.... Anyone here want to throw out a monthly cost to live decent but not extravagant? Maybe a nice but not fancy home and basic auto to get around. I know there are lots of variables. Just a ball park number.. In Bangkok 80-100k Baht a month.
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Post by Deleted on Jul 13, 2015 7:06:31 GMT 7
Interesting conversation. Seems this conversation goes on in every expat forum for every country. For me just getting my feet wet on here "what does it take" translates to many of the things mentioned, but for sure its $.... Anyone here want to throw out a monthly cost to live decent but not extravagant? Maybe a nice but not fancy home and basic auto to get around. I know there are lots of variables. Just a ball park number.. In Bangkok 80-100k Baht a month. Seriously? That's including mortgage right?
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smokie36
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Post by smokie36 on Jul 13, 2015 8:08:51 GMT 7
In Bangkok 80-100k Baht a month. Seriously? That's including mortgage right? Or rental yes.
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Post by Deleted on Jul 13, 2015 8:13:09 GMT 7
Seriously? That's including mortgage right? Or rental yes. Bangkok's getting to expensive then.
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