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Is Thailand Value for money


Celsius

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20 minutes ago, thaibeachlovers said:

 

Dietary wise life is making a joke on us- healthy food just isn't tasty and enjoyable as food supposedly bad for us.

 

If I wasn't pre diabetic I'd still be eating loads of sugar. Don't and never cared about food any more than filling the petrol tank.

Favourite food is hot dogs. Saves on expenses as never a need to eat at restaurants, except fast food if in a rush. In Thailand I did eat at a restaurant all the time ( Gekkos in Chiang Mai ), bit of a dump but great food at not much more cost than cooking for myself. Lovely hot dogs too.

Food isn't bad for us unless we east junk food, especially all the time. There is a lot of delicious healthy and somewhat healthy food out there, as it's all I've ever eaten besides the occasional junk food. Try Texas BBQ, New York style pizza, Shrimp Scampi, Lasagne (homemade), Australian, Texas, or a myriad of other cheeseburgers, Broiled Swordfish, and a host of others who might have some extra calories but are still healthy food.

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On 10/3/2024 at 11:01 AM, newnative said:

 And, average USA household net worth was $1,059,470 in 2023, up from $746,821 in 2020.  Sounds about right.  

Not correct. Americans are actually quite poor....

The overall median net worth of U.S. households is $192,700.

"What is the average American net worth?

So how do we determine the average net worth of Americans? The Federal Reserve Board issues the Survey of Consumer Finances every three years to share information about family incomes, net worth and more.

According to the most recent report, released in October 2023, the overall mean or average net worth of U.S. households is roughly $1.06 million

. Seems high, right? That’s because affluent households drive the average up.

Looking at the median, or the midpoint value, is a more accurate representation of the everyday person. The overall median net worth of U.S. households is $192,700. That might help you breathe a little easier."

 

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On 10/1/2024 at 6:43 PM, Celsius said:

 

 

 

 it does not mean I should choose to remain stupid.

I think you are past that Mr C.

Edited by KannikaP
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4 hours ago, GypsyT said:

Not correct. Americans are actually quite poor....

The overall median net worth of U.S. households is $192,700.

"What is the average American net worth?

So how do we determine the average net worth of Americans? The Federal Reserve Board issues the Survey of Consumer Finances every three years to share information about family incomes, net worth and more.

According to the most recent report, released in October 2023, the overall mean or average net worth of U.S. households is roughly $1.06 million

. Seems high, right? That’s because affluent households drive the average up.

Looking at the median, or the midpoint value, is a more accurate representation of the everyday person. The overall median net worth of U.S. households is $192,700. That might help you breathe a little easier."

 

      'Americans are actually quite poor.', you say.   I would disagree.   It's true that there were 36.8 million Americans living in poverty in 2023.  That's out of 345 million people.   36.8 million is a large number, yes, but many, many more Americans--over 300 million--are not living in poverty, they are not 'quite poor'.  

      As I said in an earlier post, the figure I found most interesting was the number of millionaires.  One site said 24.5 million, another 23.7 million.  With either figure, that's a lot, too.  I actually think 24.5 million is way too low. 

      These days, it doesn't take much to hit a million dollars in assets in the US--you can come close with mostly just two things.  1. Have Greatest Generation parents.  They worked hard, were thrifty, saved, and many passed along money and/or real estate to their children.  This happened with a number of people I know. 

    2.  Be a USA home owner.  Lots of homes in the US, in lots of places, have appreciated in  value to at least half a million dollars or more.  The average price of a home where I used to live in the US is now over $600,000.  My siblings and all my US friends are homeowners, and each home I know of is probably worth at least $400,000 to $500,000, or more.  Combine that home value with inherited money and many Baby Boomers, not to mention others, are close to a million already--without even throwing in inherited money from a spouse's parents, 401k money, cars, furnishings, stocks, mutual funds, and other investments.   

     Someone recently said on a thread something to the effect that a million dollars in assets isn't that special these days and they are right--it no longer is.  And, the number of millionaires in the US is bound to grow as Baby Boomers  pass along not only their wealth, but the wealth they inherited from their Greatest Generation parents, to their children.

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9 hours ago, newnative said:

      'Americans are actually quite poor.', you say.   I would disagree.   It's true that there were 36.8 million Americans living in poverty in 2023.  That's out of 345 million people.   36.8 million is a large number, yes, but many, many more Americans--over 300 million--are not living in poverty, they are not 'quite poor'.  

      As I said in an earlier post, the figure I found most interesting was the number of millionaires.  One site said 24.5 million, another 23.7 million.  With either figure, that's a lot, too.  I actually think 24.5 million is way too low. 

      These days, it doesn't take much to hit a million dollars in assets in the US--you can come close with mostly just two things.  1. Have Greatest Generation parents.  They worked hard, were thrifty, saved, and many passed along money and/or real estate to their children.  This happened with a number of people I know. 

    2.  Be a USA home owner.  Lots of homes in the US, in lots of places, have appreciated in  value to at least half a million dollars or more.  The average price of a home where I used to live in the US is now over $600,000.  My siblings and all my US friends are homeowners, and each home I know of is probably worth at least $400,000 to $500,000, or more.  Combine that home value with inherited money and many Baby Boomers, not to mention others, are close to a million already--without even throwing in inherited money from a spouse's parents, 401k money, cars, furnishings, stocks, mutual funds, and other investments.   

     Someone recently said on a thread something to the effect that a million dollars in assets isn't that special these days and they are right--it no longer is.  And, the number of millionaires in the US is bound to grow as Baby Boomers  pass along not only their wealth, but the wealth they inherited from their Greatest Generation parents, to their children.

As a non-US citizen, many questions popped up in my mind, after reading your post.  You mention...

 

aaa) The number of millionaires.  One site said 24.5 million, another 23.7 million.  

bbb) 36.8 million Americans living in poverty in 2023. 

ccc) These days, it doesn't take much to hit a million dollars in assets in the US

ddd)  And, the number of millionaires in the US is bound to grow

 

To me, it seems the numbers are not right. Why?

 

aaa) If the number of millionaires are bound to rise, what would happen to the number of people living in poverty?

bbb) If it doesn't take much to hit a million dollars in assets in the US, why don't the number of people living in poverty reduce? (of course, exceptionally, there might be a few who choose to be that).

 

Other than the above, there are many who complain about the extreme cost of health care etc. For example, right here at AN, I've read many posts from US citizens who have settle in Thailand just for that reason.

 

Looking at it from outside, for a non US citizen it is quite difficult to understand what really is the issue.

 

US is looked upon as the most powerful, developed country on the planet. It spends Trillions of $$$$$$$$ on war, space programs and the likes.

 

So why cannot it be made a paradise for its citizens to lead a peaceful, comfortable life in their home country, at a reasonable cost? Why not the people living in poverty be given an opportunity to raise their living standard? Why doesn't the Government prioritize this and why don't the US citizens demand this from their Government?

 

I am sure, the US has the capacity to do that - Financially, Intellectually, Technology and what not...
 

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On 10/1/2024 at 7:10 AM, SAFETY FIRST said:

It's not about the money.

 

For me it's living amoungst the most beautiful, polite, friendly, easy going people in the world.

It's the food, the weather, the beaches, the country, it's amazing.

 

Sadly, but good for me, some of the young Thai women get pregnant to a deadbeat father who leaves before or shortly after the birth of their child, now the young mother needs to leave her child with her parents, go to the city to work, now she must pay monthly rent for accommodation, electricity, water, pay costs for commuting to and from work, buy clothing for her and her newborn, food for her and her newborn, monthly payments to her mother (child's guardian), for caring for her child etc., because Thailand does not provide this young mother a single mothers pension, or Social security payments or even garnish of the fathers wages as done in the west. 

 

Sadly the costs for the above adds up, now this beautiful, petite, very young woman must look elsewhere for a better paying job, she now has a debt so most times must work in the sex industry to make ends meet. 

That’s a pretty long winded way of saying you are here for the hookers, but I guess you want to make it sound like charity?

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