I don't care where you live in Asia  ,how many of you have lived on  600,000 baht the last 12 months ,that's average 50,000 baht a month 

I say this because I'm wondering those who (are retired) spending more than a million baht a year what are you wasting it on 

 

 

 

Oh geez,

I forgot her names... ????

Durian! ????

I have, 50k a month works for us most months.

50K/month is our starting point.

By the years end the mrs always runs out so in reality it is more like 60K.

.

60-70K is kind of decent expenses. Any thing more than that is perhaps on sugar babies, at least for me. 

40 minutes ago, georgegeorgia said:

I'm wondering those who (are retired) spending more than a million baht a year what are you wasting it on

I certainly spent more than 50k per month. I spent a lot on good food. Personally, I don't think that money is wasted. If I would have substantially more money, then probably I would also buy good wine.

 

"Wasting money" is a very relative concept.

 

 

education, vehicles, pool, helping family, gardeners... and health care... 

My smile is worth every baht we spend.

 

Average 50k a month ... my bank account wishes.  Last year:

New house w/Solar System

New lot next door for wife's garden

New motorbike

New car

 

Can't take it with you, and prepping for the future, after I krap out.  Hopefully not too soon.  Moving forward, now wife will have next to -0- monthly bills, aside from food not grown in the garden.  Just a water bill.

 

No sense in saving, as inflation is more than any interest earned or COLA from USA Soc Sec income.  Worth more now if spent ... ????

 

Smile now ... Die later ...

 

Edited November 8, 20223 yr by KhunLA

59 minutes ago, georgegeorgia said:

how many of you have lived on  600,000 baht the last 12 months ,that's average 50,000 baht a month 

I say this because I'm wondering those who (are retired) spending more than a million baht a year what are you wasting it on

You want to find out what people spending over a million year are "wasting" it on.... And you think the best way to do that is by asking to hear from people who have only spent just over half of that? ????‍????

5 minutes ago, JayClay said:

You want to find out what people spending over a million year are "wasting" it on.... And you think the best way to do that is by asking to hear from people who have only spent just over half of that? ????‍????

Why the breakfast photo,s? 

If on a legit marriage visa, then 40k a month is probably spent wisely.

 

If on a legit retirement visa, no family, or just wife, then should be plenty extra for that smile.  65k a month is actually hard to spend if no vices.

 

At present, since no real bills, could easily live on 10-15k a month, and comfy at that, with the wife.  With rent, electric & petrol bill, we easily lived on 30-35k a month, just a few months ago.  If single, I might need an extra 10k, and not for P4P, as don't need for 'social smiles'.

 

No need to spend 60k a month, IMO, unless feeding your vices.

1 minute ago, KhunLA said:

if no vices

would rather be dead ????

8 minutes ago, Olmate said:

Why the breakfast photo,s? 

Shows some of us aren't living on Ha Baht soup & cans of Archa beer.

1 hour ago, georgegeorgia said:

what are you wasting it on 

la dolce vita 

4 minutes ago, KhunLA said:

If on a legit marriage visa, then 40k a month is probably spent wisely.

 

If on a legit retirement visa, no family, or just wife, then should be plenty extra for that smile.  65k a month is actually hard to spend if no vices.

 

At present, since no real bills, could easily live on 10-15k a month, and comfy at that, with the wife.  With rent, electric & petrol bill, we easily lived on 30-35k a month, just a few months ago.  If single, I might need an extra 10k, and not for P4P, as don't need for 'social smiles'.

 

No need to spend 60k a month, IMO, unless feeding your vices.

I agree. We don't try not spending and we have plenty of cash reserves if we need them. But our 50k a month lets us eat out four/five times a week, support a niece at university and run two vehicles. Our utilities cost 2,500 a month and we own our home. 

My average over the last 3 years is 55,000 baht/month. At that rate, I will run out of backup assets when I am 103. I will still have a pension.

 

I live as I want to, if I feel like having a luxury occasionally I do it.

52 minutes ago, OneMoreFarang said:

I certainly spent more than 50k per month. I spent a lot on good food. Personally, I don't think that money is wasted. If I would have substantially more money, then probably I would also buy good wine.

 

"Wasting money" is a very relative concept.

 

 

Can you marry steak?

24 minutes ago, KhunLA said:

Shows some of us aren't living on Ha Baht soup & cans of Archa beer.

But... you take photos of your food!!! lol

I LIVE in Pattaya it is eeeeeasy.

 

10 minutes ago, Olmate said:

But... you take photos of your food!!! lol

If I'm recommending or reviewing a venue, a photo says a bit more than me simply saying 'it was good'.

 

I appreciate others that do the same, when I'm researching.

 

Edited November 8, 20223 yr by KhunLA

45 minutes ago, KhunLA said:

If on a legit marriage visa, then 40k a month is probably spent wisely.

 

If on a legit retirement visa, no family, or just wife, then should be plenty extra for that smile.  65k a month is actually hard to spend if no vices.

 

At present, since no real bills, could easily live on 10-15k a month, and comfy at that, with the wife.  With rent, electric & petrol bill, we easily lived on 30-35k a month, just a few months ago.  If single, I might need an extra 10k, and not for P4P, as don't need for 'social smiles'.

 

No need to spend 60k a month, IMO, unless feeding your vices.

Nice for you that you are happy with that. I like good food, nice drinks, cigars and live music. Have 3 houses on different locations and 2 kids who need a good education.

Some folks pieces of string are just longer than others'.

Obviously people have different lifestyles. We split our time between UK and Thailand - spending around 3 months alternately in each country. My wife owns properties in Pattaya and Udon so no rent to pay but when in Thailand we like to tour around a lot. So hotels, meals, petrol etc.  60k covers it.

Wife has businesses in UK and Thailand so she uses her money to support family and buy ever more land...

In UK we spend more....we also like to travel (to Spain, Italy etc) and that's not cheap. Also I keep a small collection of cars, including an Aston, and that's expensive.

Air fares are rocketing too..... but sure, if you just stay in Thailand 50-60k a month for a couple gives a reasonable living standard.

I spent most of my money on alcohol and women and fast cars, the rest i wasted. Sorry for the obvious quote.

3 teenage children, still in education, is a crippler. And even after that they'll still be holding their hands out.   

100k a month is about right for a full enjoyable quality lifestyle including hobbies and travel.

Edited November 8, 20223 yr by bkk6060

1 hour ago, KhunLA said:

 

If I'm recommending or reviewing a venue, a photo says a bit more than me simply saying 'it was good'.

 

I appreciate others that do the same, when I'm researching.

 

My 30bht breakfast ............

11 minutes ago, BritManToo said:

My 30bht breakfast ............

May as well take the cyanide pill now.   555

Once the main aspects are purchased like home and transport, living costs dependent on location and lifestyle can be minimal.

Monthly I rarely exceed 30k.month.We eat out almost everyday, live a quite life that suits us.