Those of you who live on 40k a month

[georgegeorgia]

I'm very interested and please forgive me for not doing a study or a project on this but I just thought of the project idea today a few days AFTER I came back from my study tour of Thailand 

 

I read the Australian aged pension is like 40,000 baht a month or near 

 

And some of you UK also around the same , please may I ask how your lifestyle is on this amount 

 

I did see a few old farangs in Sizzlers in Pattaya secretly filling up their containers in bags next to them with good BUT may I ask for those of you ,does anyone here in PATTAYA live on that amount quite comfortable 

 

Now please if you do ,do you forego the pleasures in life ,cheese ,wine and song or is wine women and song to achieve the budget of your aged pension 

What about the 99b breakfast living in 40k per month 

It always fascinated me seeing bars in Soi Bukhao such as those Sports Bars full ,do expats go to those and pay often WESTERN prices or are they tourists in those places 

 

I remember going to what looked like a open no air con expats sports bar in Jomtien opp the 711 only to see miserable old people inside 

 

[Ralf001]

jesus christ mate.. give it a rest woulda.. same old recyled crap over and over again.

[SAFETY FIRST]

6 minutes ago, Ralf001 said:

jesus christ mate.. give it a rest woulda.. same old recyled crap over and over again.

I like his question, it's worthy of a posting.

 

It beats Bob, Lewie and all the other postings 

[georgegeorgia]

I often wonder should we be reading more books whilst we are retired filling days with books or bars ?

 

And please do comment if you are on the Australian aged pension on the nearly 40k per month and still go to bars and the reason maybe ?

What do you perhaps do there ?

 

I remember the Pattaya bowling club and who doesn't where the western atmosphere if I may quote that description was prevalent but with the low pricing on meals and drinks,that's all gone and what's left ?

Bars that only want tourists 

Oh please 

Think of this ,think of this 

If a Australian can live in his aged pension in Australia why can't he not live in Pattaya?

Food for thought right ,yes never thought of that did you 

 

 

[Packer]

I'm not of that age, or of those meagre means, but imagine that 1,000 a day average for an older bloke with all assets owned, visa funds in the bank, a comfortable home in their name is okay, if they're a bit of a homebody. 

 

Say, weekdays relaxing at home with restaurant delivery for 500 per day, meeting friends in parks, at the beach, a cafe, then 4-5000 baht weekends would be comfortable for 70 year olds that are settled here and aren't interested in fat 50 year old bargirls. What do they need, one happy ending massage per week, per month?

 

YMMV 

[georgegeorgia]

Well millions are living on this in Australia right 

So please give me the Academic reason why it can't be done in Pattaya?

Yet many say it can't be fine ,then please tell me how the aged pensioners live on that amount in Australia 

Ok granted and thankyou ,many own their own homes but still live on the $2200 a month 42ooo baht give or take so please don't say its not being done in Pattaya 

 

[Harrisfan]

20 minutes ago, Ralf001 said:

jesus christ mate.. give it a rest woulda.. same old recyled crap over and over again.

Definition of madness. 

[NorthernRyland]

38 minutes ago, georgegeorgia said:

I read the Australian aged pension is like 40,000 baht a month or near 

 

And some of you UK also around the same , please may I ask how your lifestyle is on this amount 

 

 

Don't structure your life around consumption. Move to an area without lots of things to buy and try to find some meaning in life besides buying things. If you want a nice meal out make that a special occasion and fill your day with other things.

[georgegeorgia]

1 minute ago, NorthernRyland said:

 

Don't structure your life around consumption. Move to an area without lots of things to buy and try to find some meaning in life besides buying things. If you want a nice meal out make that a special occasion and fill your day with other things.

Very true 

I am although fascinated when people talk brand name like Honda or ray bands,meaning they need to buy these materials instead of just a non brand product 

One of the posters here Quake a 23yo war veteran said he buys brands, I wonder why 

[Sir Dude]

40k a month is perfectly livable on if you want to... however, there are a few caveats depending on personal lifestyle choices.

1. Having debts will screw you over, although if the debt is, say, 8-10k a month for a car payment, and you have no mortgage (just renting or own your place), then it still can be done with a few minor sacrifices.

2. Are you the eat out at restaurants everyday type? That can get costly, but it depends where you are and what restaurants you visit... western restaurants in touristy places are clearly going to be more than somewhere like Korat etc. You can eat out without blowing the bank balance, but it needs a bit of planning, and again, depends on food choice.

3. The real killer is the booze and ladies. If you are married and a tee-totaller, then fine, but even being married can cost a lot more than you think. If you are single and rent not buy, then avoid the yellow fever changing ladies every day or two MO.

4. Do you like traveling around the country exploring and staying in hotels? Yes, can be done on budget, but again it's a logistical choice on your behalf.

5. Health insurance is a good idea, as many come unstuck over this at some point... a worthwhile expense.

6. Have hobbies and interests that don't really need much spent on them.

7. Places like Pattaya are great to visit, but probably best to live just outside it, as it'll be a little cheaper and you can easily go into the vortex when you want to, or avoid it completely.

 

However, if you don't have debt and are measured with the other things, then yes, you can easily live on 40k a month, as long as you don't do a banzai charge to the bars and girls everyday... the art of moderation is the key, but that doesn't mean you can't partake in everything a bit and must live like a monk.

[georgegeorgia]

See many of you are forgetting the "core " of the subject 

If an Australian old age pensioner can live in 42,000 baht in Australia 

Tell me why he can't in Pattaya???

And indeed the UK old age pension,how much is that currently?

[Ralf001]

5 minutes ago, georgegeorgia said:

See many of you are forgetting the "core " of the subject 

If an Australian old age pensioner can live in 42,000 baht in Australia 

Tell me why he can't in Pattaya???

And indeed the UK old age pension,how much is that currently?

The old age pensioner living in Aus on that amount... the own the roof over their head... or rent ?

 

Living in Pattaya. easy on 42k a month... I rarely spend that.

[Jingthing]

I live under my means. Yes easily under 40K but I own a condo. If I had to pay rent for the same condo my spending would be over 40K  but not by much. I don't keep any kind of budget as for me it's totally unnecessary so why bother.

99 breakfast? Why would someone living here go out for breakfast in the first place? Eat breakfast at home.

As far as doing nightlife like a two week millionaire tourist, of course that would cost a fortune. If that's really what a person thinks they really will want to do after living even in Pattaya for several years, then of course they should have much much more money.

But I think that naturally most people aren't that insane and won't have any desire to live like that.

In my own case I do spend a lot more than most long term expats on food. Living only on cheap Thai street food would be hell for me. So I don't 

So why live in Pattaya if you're not a sexpat?

Lots of reasons.

In any case, Pattaya isn't for everyone. Thailand isn't for everyone. Retiring abroad isn't for everyone. Heck -- retiring at all isn't even for everyone. Most people in the world can't afford to ever retire at all. So if you have 40K to retire in Thailand, condider yourself lucky.

[BritManToo]

12 minutes ago, georgegeorgia said:

See many of you are forgetting the "core " of the subject 

If an Australian old age pensioner can live in 42,000 baht in Australia 

Tell me why he can't in Pattaya???

And indeed the UK old age pension,how much is that currently?

UK state pension near enough £1k/month = 44kbht at the moment.

 

I spend about 25kbht on me, and another 35kbht on the wife and kid. Living here would be cheap as chips without any baggage!

[Packer]

Don't English teachers in Bangkok and Phuket choose to live there on such an income? 

 

Or would their life be considered subsistence existence? 

 

If a 40 year old would choose to do it in Phuket while also paying rent, I'd guess a 70 year old with no rent can do it in Pattaya. 

 

 

[georgegeorgia]

2 minutes ago, Jingthing said:

I live under my means. Yes easily under 40K but I own a condo. If I had to pay rent for the same condo my spending would be over 40K  but not by much. I don't keep any kind of budget as for me it's totally unnecessary so why bother.

99 breakfast? Why would someone living here go out for breakfast in the first place? Eat breakfast at home.

As far as doing nightlife like a two week millionaire tourist, of course that would cost a fortune. If that's really what a person thinks they really will want to do after living even in Pattaya for several years, then of course they should have much much more money.

But I think that naturally most people aren't that insane and won't have any desire to live like that.

In my own case I do spend a lot more than most long term expats on food. Living only on cheap Thai street food would be hell for me. So I don't 

So why live in Pattaya if you're not a sexpat?

Lots of reasons.

In any case, Pattaya isn't for everyone. Thailand isn't for everyone. Retiring abroad isn't for everyone. Heck -- retiring at all isn't even for everyone. Most people in the world can't afford to ever retire at all. So if you have 40K to retire in Thailand, condider yourself lucky

So no bars for you .

[AlexRRR]

Well I live on less but by the time you add hospital insurance car insurance it gets closer to 40,000 and I have money over every month, you are only as poor as you feel and I dont feel poor.

 

I dont go to bars but I have a beer every now and then, restaurants are pretty average for food in the Pattaya region so I normally cook, maybe eat out on average with the TGF twice a week, she works and and looks after her own side of things,  own my own condo and transport, several times a year we do an in country trip.

 

Yes I regularly buy cheese and an aussie meat pie, dont scrimp, but im selective on the beef, the quality is pretty average that I can get here though I have a few sirloins in the ice box I really dont eat that much meat.

 

Im no cheap Charlie, iPhone 15 pro, Mac min pc, iPad, 85 inch colour tv, Mazda CX30, 2 six packs of corona sitting in the second bedroom as the second fridge is full 5 bottles of wine in the pantry, as I said I dont feel poor and I buy when I want....and I pay for just about everything the TGF might buy the odd Big C shop but its normally on me.

[Mike_Hunt]

Does Australia only pay 40,000K per month at 67?  That's not much.  

[Jingthing]

1 minute ago, georgegeorgia said:

So no bars for you .

Actually not. But not because of what they cost. Because not interested.

If I did want that I openly admit I would need to limit that to keep living within my means.

 

[Ralf001]

17 minutes ago, Sir Dude said:

 

3. The real killer is the booze and ladies. If you are married and a tee-totaller, then fine, but even being married can cost a lot more than you think. If you are single and rent not buy, then avoid the yellow fever changing ladies every day or two MO.

.

 

Jump on TF... find a mid 30's lass that can  CCF&M... move her in for 10k a month.

[BritManToo]

8 minutes ago, Mike_Hunt said:

Does Australia only pay 40,000K per month at 67?  That's not much.  

It used to be a good pension, but the AUD has crashed by 20-25% in the past year or 2 (28bht to 22bht). In that same time period the GBP sunk from 50 to 44bht (12%)

 

No idea why the AUD is doing so much worse than the GBP?

[AlexRRR]

3 minutes ago, Mike_Hunt said:

Does Australia only pay 40,000K per month at 67?  That's not much.  

Its around $AU2100 every four weeks.

[georgegeorgia]

4 minutes ago, Mike_Hunt said:

Does Australia only pay 40,000K per month at 67?  That's not much.  

Yes it's around $1100 AUD a fortnight 

[georgegeorgia]

1 minute ago, AlexRRR said:

Its around $AU2100 every two weeks.

Certainly not !!! It's 1100 a fortnight 

2100? That's a 1000 a week,rubbish 

[AlexRRR]

Just now, georgegeorgia said:

Certainly not !!! It's 1100 a fortnight 

I amended it, its every 4 weeks scroll back.

[georgegeorgia]

So the UK pension is basically the same?

At around 40-45k a month 

 

So if old Reg from Yorkshire can live on that in Sheffield why can't old Reg live in Pattaya on that ?

Oh please stop being so negative 

[Mike_Hunt]

5 minutes ago, georgegeorgia said:

Yes it's around $1100 AUD a fortnight 

That's possible to live off.  

[georgegeorgia]

Just now, Mike_Hunt said:

That's possible to live off.  

Possibly 

The AUD has gone down to 21.0 and less 

Which is basically between 40,000 baht to 45

[Harrisfan]

1 hour ago, georgegeorgia said:

AFTER I came back from my study tour of Thailand 

You went to Bangkok, Lopburi and Pattaya. That's weak study.

[georgegeorgia]

10 minutes ago, Jingthing said:

Actually not. But not because of what they cost. Because not interested.

If I did want that I openly admit I would need to limit that to keep living within my means.

 

So you sit in your condo watch tv , computer ,etc ?

Eat out ?

Gym?