JAFO
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All you can do is laugh at schmucks like this guy. I watched exactly 18 seconds of this vid and was done. A1 typical vlogger. Add him to the other 1,106,200 vloggers yammering away. Every single situation here is different. Next Vlogger Please....
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I tend to agree. The financial part and when you can use it and how much you have in the bank in advance of applying for the retirement extension tying up money. I have used both as when I was initially here I was not married but that was back when you only had to sign an affidavit that said you have the funds. Now its reasonably more complicated. As for the Marriage extension of stay, the only time you have to have the house visit and neighbor interview deal is on the initial request. After that its all a cake walk and once a year. Few pictures, a few forms, a visit to immigration and done.
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Spending Money - Should I follow my Friends Advice ?
JAFO replied to AlienBoy's topic in General Topics
indeed. I am a long way off from those ages but another thing after re reading the original OP was he didn't really clarify ( not that's its any of our business) how old his wife and daughter are. That would have a huge influence on what some might say on what to do. If his wife is much younger and his daughter is still in grade school then looking out for their future would probably be the proper thing to do. However lets say she is close to his age, his daughter has graduated and is working then she is likely the beneficiary for the property and asset anyway so the OP should go burn some cash and enjoy once a month or so 2 week along beach resort trip to have some fun. In the big picture, far too many variables and not enough info. -
Spending Money - Should I follow my Friends Advice ?
JAFO replied to AlienBoy's topic in General Topics
At minimum. Of course with the OP at 76 one would need to know is his state of mind and desires. at 76 year old a lot of unknowns in both activity level, health etc. Some will want to go and have some fun others are sitting in that big easy chair waiting for their ticket to get punched. -
Spending Money - Should I follow my Friends Advice ?
JAFO replied to AlienBoy's topic in General Topics
I agree with the caveat I would treat myself to heck of a lot more quite honestly. Can we assume that the OP's land and house are paid so asset debt is minimal or nothing other than basic stuff? If I was 76, I'd be enjoying it all. Buy what you want. Far too many save for that proverbial rainy day or want to save it for others but you worked for it. I have known some older folks that become so frugal and pass the inheritance off and they receive it and spend it like they stole it. Why go with out? -
Absolutely agree Mike. Moving abroad anywhere is a big move. It has many implications to the individual. The YT vloggers can be very jaded or not really truthful. I have watched a few that friends have sent me links to and most I cannot watch in their entirety, some are < 1 min. About 8 years back I met a real nice guy from the states on a vacation trip down south with my wife and his plan was to live on an extremely small amount of money and then spend time on YT being a Vlogger to subsidize his living income. I watched a few vlogs early on and they were pretty bad ( as many are). I kept in contact with him via messenger and a year or so after he messaged me and bailed back to the states hoping to find employment as the money he budgeted monthly was not enough. But again, different strokes, for different folks. ????
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Because its reality and you are in denial, it really is that simple. Again if one wants to make a decision entirely on the financial aspects disregarding everything else, then OK. But I think tenured expats that have lived here know its a much bigger picture. Keep on the rose colored glasses Next Gen, apparently you "Live Comfortable" and more power to ya. As for my idea of living comfortable here. Its all about balance. I do not think anyone wants to live with constraints and have to wait and worry for that next pension check to hit their bank acct. Ideally in these current times, I think 75 to 100K baht a month is comfortable number leaving some reserves for those odd times. But again that is my perspective. As some have posted, they only spend 30k bht a month but it appears their life style is pretty much home life. Again, goes back to the OP and his friend. What does he expect. No waffle here. Just facts and reality which you seem to clearly struggle with.
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Actually you continue to dig yourself deeper into a hole. I never once judged anyone on 60K baht a month. If that works for the person then great. My point was I have worked and lived here for many years and if someone is going to toss out "Live Comfortable" on 60K baht a month, it would be prudent for the OP to know exactly what that comment means so he could convey that info back to his friend who is asking and considering moving. You took it all personal. Your idea of comfortable could be a 180 of what that individual envisions his life to be on 60k baht. Its a big move, a long transition. I couldn't have imagined when I was thinking of moving here and I asked that question and a few said Its GREAT.. I live on 20K, 30K, 40K a baht a month without knowing what that really means. To many times people come here only on the financial perspective. Sure...its cheaper in comparison to their home country in most cases but what do they give up/gain? Its the hidden longer term things that cause issues such as disconnect from their home country, lack of social interaction, language barrier, visa rules, transportation, traveling around isn't as easy as most think it is unless you have a built in tour guide to start etc. This tends to be the undoing of many who come here and a great number move to tourist locations that support a larger foreigner community but that in itself has it's own issues. Based on the few who posted its a comfortable life for them...Outstanding. They have acclimated and make it work. Not all meet that same end game. As I said, if all one has is 60K baht to live on monthly, that can be a challenge. Who knows what the financial outlook looks like. Look at the many UK posters who go on and on about it now that it tanked. Any change the Thai gov't mentions about taxing etc sends the audience into a whirl wind fit. I have read the threads from time to time. Is that comfortable? Having no savings or reserves puts any person at risk and to the video posted, It was a good laugh as are many of the You Tube vloggers. You cannot look at living here entirely on the cost savings.
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Ohhh I am quite comfortable with myself. I have to say though you come across like a grumpy old geriatric type living in either Pattaya or Hua Hin. Extremely defensive and judgmental. Its funny in that all I asked was define comfortable to give the OP's friend and idea and you went off the rails. If I had to guess, you aren't really happy with your plot in life.
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And I think age defines the needs and wants and for many what makes it a "comfortable" life here. I am not a sofa guy and sitting in a house all day is not anything that interests me. My life doesn't revolve around an eating schedule nor posting on forums (last few days have been pretty heavy rains so not a lot going on) and watching TV. I am very active/busy type and like to be off outside or traveling around and that typically always requires cash. So I fully see where 60K baht to some is "Comfy" but for me, I'd lose my mind. So again, its back to the OP's buddy and what is his life like, and what are his expectations. One persons idea of comfortable is likely to be a prison life to others.
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good one and I laugh as well, but lets be realistic. That said though, in the end it will all depend on what this guy plans on doing, how active he is etc. I remember my early days here. Thought "Hell. I pay 8500 bht a month for a really nice condo, I can walk to anything I want so I do not need a car, Cell phone pay as you go. Great for about a year. Then.....rose colored glasses off, reality sets in and I required more and a better social life etc. That's when life can become very strange because it is not a choice anymore. The person becomes trapped and life is about posting on internet forums to pass a day... ????
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Celsius, It always seems that when you challenge a few on this forum on a subject they quickly become defensive and go off to make it personal. As you noted, the majority of professional career Thai men and women make very nice salaries and not just in BKK. I know many that make near 150k baht a month plus annual bonuses, benefits and great healthcare. It seems that if you challenge the 60k baht "Living the dream" number it really sends them off the rails. ????♂️
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Cheers. Seems I hit a nerve. Not my intent. I will let you guys keep at it. My comments were driven that it always seems so wonderfully rosy when someone says "come live in Thailand, you can live comfortably on 60k baht a month". Then posters come on and say I live great on 30k baht, 40k baht. Really? Ok. So just what is that life like? I simply asked what are the individuals requirements? How are old are they? What are their expectations? Marriage? Children? Travel?. Its not nonsense. Its a question. As for the cost of heating a house or room in the UK... I don't care. Not my problem quite frankly as I am not from the UK and I am quite in touch with reality. Its very expensive in the west and why many are exiting their home countries to live elsewhere. I know it was a part of my decision of why I moved here.