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Thailand dream turns sour as foreigners run out of cash

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5 hours ago, SiSePuede419 said:

"biggest problem for foreigners who struggle in Thailand is money."

Wow.

What insight this person has. 😄

Who would have known that?

I am glad we are all now aware of that issue

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  • SiSePuede419
    SiSePuede419

    "biggest problem for foreigners who struggle in Thailand is money." Wow. What insight this person has. 😄

  • newbee2022
    newbee2022

    What is that? I think it's a modern word for losers. No job at home Not eager to work daily 8-5 No education No money Scrap the DTV visa for all of them❗

  • spidermike007
    spidermike007

    It says an awful lot about contemporary society that young people with virtually nothing to say can create a YouTube or Tiktok channel and get tens of thousands of followers. In some cases hundreds of

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21 minutes ago, Muhendis said:

I agree. It's definitely not economical but certainly not a struggle (for me).

I'm hanging on here 'til the Baht gets back up to 72 - 75/£ then I'll start partying again if my knee joints are still available then.

I feel your pain already.

Very easy........no money......no honey!!!!!!!

6 hours ago, Georgealbert said:

Thailand without a clear financial plan, saying many end up "packing up and going home"

Don't even come in the first you morons!! STAY THE <deleted> HOME YOU IDIOTS!!!

  • Popular Post

Things change...you have to adapt ..

in 40 years I've seen the the baht to Cdn dollar exchange rate range from 16 to 35 baht plus .

I used to get a plate of rice with Penang beef curry for 5 baht by the railway station in Bkk

Change is the one of two things you can count on and your ability to cope and adapt will be the key to surviving.

The second thing you can count if you're lucky is you will grow old,weaken and die..No amount of magical thinking will stop this two things happening..

Remember the boy scout motto

Be Prepared

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I think the big deference is young youtubers bloggers ect

Want to enjoy the life style of working for little and enjoying themselves in other words you can't party for to long as the novelty will soon wear off

Us older retired expats have already enjoyed things when we were younger now married with family just enjoy out for a occasional dinner and beer not drinking at bars night clubs ect

Enjoy the retired scene slower pace plus the warm weather and beaches relax

You only live once as they say

43 minutes ago, shackleton said:

I think the big deference is young youtubers bloggers ect

Want to enjoy the life style of working for little and enjoying themselves in other words you can't party for to long as the novelty will soon wear off

Us older retired expats have already enjoyed things when we were younger now married with family just enjoy out for a occasional dinner and beer not drinking at bars night clubs ect

Enjoy the retired scene slower pace plus the warm weather and beaches relax

You only live once as they say

I missed out on all the action as a young person, too busy with study and then work and marriage.

Age 50-60 in Thailand/Cambodia/Vietnam/Philippines was total party time though.

I started slowing down around age 63.

3 hours ago, KhunLA said:

Yes you can, easily. Especially if all bought in, as monthly expenses can easily be around 40k or less. I've never needed on average of more than 40k a month, the past 25 yrs.

This is what my Thai wife tells me. Can see it as very possible based on our spending habits while traveling in Thailand and having a place to stay.

Capital, unless it's huge, is never a substitute for an index linked/inflation linked income.

Income is king for us poor folks.

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1 minute ago, MIke B Bad said:

Capital, unless it's huge, is never a substitute for an index linked/inflation linked income.

Income is king for us poor folks.

Hey ... I resembe that.

Inflation linked income for us, is my Soc Sec, and only 70% COLA since 2000. I think inflations has been way more, 100-150% over those 25 yrs.

Thai's minimum wage, if stuck in that tier, has more than doubled since, so a good thing, sort of.

To stay on top of inflation, we adjust & adapted. Biggest adjustments were downsizing home. Not for financial reasons, but took me 3 days +, just to cut the lawn & trim the hedges of 2 rai. Now it's a 1/4 rai cheesy

Solar & BEV, a direct cut of monthly expenditures, almost no monthly electric or petrol cost, Huge savings, since we abuse the AC, and drive sensely around, just for the hell of it 🙄

4 hours ago, save the frogs said:

The rise of losers ... stupid clickbait title.

Most Youtubers are a bunch of shysters publishing anything for clicks.

If you had a teaching job at 35K per month, it's enough to live in Thailand.

But I guess 20 year olds want to go to bars partying 7 nights a week?

Is that what they were doing back home though? How do you hold down a job if you're going drinking every night?

Wherever you are it works for a few years. Till it doesn't. Then you've got a plethora of problems.

In my 20 years of living there many of my friends were 10 or 20 years older than me, and I would say that a factor in many of them leaving was healthcare, and that is part of the money issue.

When I left I was 53, and I hadn't been screwing around or in a relationship for 5 or 6 years before I left, so I left with plenty of money. Back in the UK I had to pay 7 months rent going-in twice (nearly £4k a pop).

3 hours ago, Mywayboy said:

I arrived 12 years ago exchange rate then 33 baht / Australian $ .

Thai baht over inflated for many years.

Definitely not economical to live here now.

Still magical country.

When I arrived for my first three months of paradise the baht was 52/€ ... imagine that.

2 hours ago, Muhendis said:

I agree. It's definitely not economical but certainly not a struggle (for me).

I'm hanging on here 'til the Baht gets back up to 72 - 75/£ then I'll start partying again if my knee joints are still available then.

I remember coming over during the financial crisis and getting 90 Baht to GBP.

We were throwing money out of the side of a tuk-tuk going down BKK Suk soi 4.

6 hours ago, Sir Dude said:

...but the visa situation can rapidly change at any given time with no notice

What does that mean? I'm not aware of any examples of visa changes suddenly being imposed with no notice that have adversely affected foreigners in Thailand, can you provide any?

5 hours ago, JJ-Thailand said:

According to the Thai authorities you can support yourself on 800,000 Baht per year. But the funny thing is that you only need 400,000 if you are married to a Thai lady. Can you live on 800,000 Baht per year alone? Yes, you can. Can you live on 400,000 Baht per year if you are married to a Thai lady (that probably don't work)? No hope in hell

The funny thing is that Thai authorities have never officially stated that any foreigners can support themselves on 800k, or 400k.

3 hours ago, ikke1959 said:

I am just wondering why foreign people can work here as youtuber, influencer, or whatever name you give to someone who post videos and reals. It should be stopped to give a visa for that

Why should it be outlawed?

6 hours ago, newbee2022 said:
hours ago, Georgealbert said:

A Western content creator

What is that?

I think it's a modern word for losers

Yep, I agree.

Sad thing is these losers of the world are broadcasting to other losers, their audience are fellow losers. 😂

The exchange rate is a huge factor, depending when arrive. For the USD, if at $1 / 30 THB, then all is good. You're happy, as 10% up now.

If 2000, and it was 40 to $1, actually went up to 45 / $1, short lived, but nice, bought 1st car then. 1st house paid for at 40 / $1 also in 2000.

But reality, when bottoms at 30, we / I, lost 25%. I don't think about that, and just think, 30 is better than 25 😂

Over the years, bottomed out at high 29/ 30 / $1. Been steady, 15+ years before Biden, USD stayed consistent, between 30 - 35. Which is fine. Biden was a pleasant surprice, with 35+ to USD, along with largest COLA, to Soc Sec, employer/govt pension plan.

Even now during DJT, who likes a weak USD, this administration started shy of 34 / $1, and now, still 33+ / $1 USD. In that 30-35 range, and makes most of us Yanks happy.

Edited by KhunLA

3 hours ago, bwanajohn said:

Penang beef curry for 5 baht

Penang curry? Sarawak curry is a better option!

3 hours ago, Babasino said:

Very easy........no money......no honey!!!!!!!

I can very easily live with no honey....but not with no money😊

6 hours ago, newbee2022 said:

What is that?

I think it's a modern word for losers.

No job at home

Not eager to work daily 8-5

No education

No money

Scrap the DTV visa for all of them

Pity you were never young. Would've taught you a lot.

11 minutes ago, Liverpool Lou said:

Penang curry? Sarawak curry is a better option!

Personal favorite is the wife’s hunglay, though she whips up some others that are pretty damn good

18 minutes ago, KhunLA said:

The exchange rate is a huge factor, depending when arrive. For the USD, if at $1 / 30 THB, then all is good. You're happy, as 10% up now.

If 2000, and it was 40 to $1, actually went up to 45 / $1, short lived, but nice, bought 1st car then. 1st house paid for at 40 / $1 also in 2000.

But reality, when bottoms at 30, we / I, lost 25%. I don't think about that, and just think, 30 is better than 25 😂

Over the years, bottomed out at high 29/ 30 / $1. Been steady, 15+ years before Biden, USD stayed consistent, between 30 - 35. Which is fine. Biden was a pleasant surprice, with 35+ to USD, along with largest COLA, to Soc Sec, employer/govt pension plan.

Even now during DJT, who likes a weak USD, this administration started shy of 34 / $1, and now, still 33+ / $1 USD. In that 30-35 range, and makes most of us Yanks happy.

I think the unofficial target is 34 baht to the dollar.

I don't lose any sleep during the fluctuations.

5 hours ago, KhunLA said:

Yes you can, easily. Especially if all bought in, as monthly expenses can easily be around 40k or less. I've never needed on average of more than 40k a month, the past 25 yrs.

We're pretty close to B700k if we don't travel. Can anybody live in the West for that? Of course, we own our house and don't have a car.

4 hours ago, Muhendis said:

I agree. It's definitely not economical but certainly not a struggle (for me).

I'm hanging on here 'til the Baht gets back up to 72 - 75/£ then I'll start partying again if my knee joints are still available then.

I am having one of them replaced next month, hallelujah! Just say no to pain.

4 hours ago, 1happykamper said:

This article is probably geared at the under 50 year olds in a DTV. DTV has allowed all manner of wannabe into Thailand...many with little money and a very bad attitude and a liking for Ganga etc

Um, wait, another toke. Oh yeah, Ganga in in India.

33 minutes ago, Sir Dude said:

What does that mean? I'm not aware of any examples of visa changes suddenly being imposed with no notice that have adversely affected foreigners in Thailand, can you provide any?

Nice cherry picking of half a sentence from a post so long

I did not cherry pick half a sentence I picked an entire sentence and commented on what you stated in that complete sentence.

Edited by Liverpool Lou

6 hours ago, save the frogs said:

The rise of losers ... stupid clickbait title.

Most Youtubers are a bunch of shysters publishing anything for clicks.

If you had a teaching job at 35K per month, it's enough to live in Thailand.

But I guess 20 year olds want to go to bars partying 7 nights a week?

Is that what they were doing back home though? How do you hold down a job if you're going drinking every night?

And I heard the young ones were drinking a lot less. Maybe the Israeli ex soldiers are making up for the rest of the population?

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