The Things People Do In Thailand To Save Money

[sokal]

I am going to be the one with 200,000 dollars invested, working for me while I sit on the beach. You are going to be the one busting your a$ working all day for

money just to go out and waste it.

200,000 dollars invested, come on this is not a lot of money, what return would you get on that, 200,000 dollars, not enough to sit on the beach relaxing.

its enough if your cheap, I will admit it would be the bare minimum but lets say 350,000 then. You could get 1600 dollars a month off 200,000.

are you saying on 200.000 dollars your return a month is 1.600 dollars, how did you work that out?

I had an income portfolio worked out at $1800 a month off of $325,000. It was all dividend income from Canadian companies and RIETs. It worked out to around 6.5 to 6.8% yield. The other figure I used in this thread was just a sign that I seen when I walked into my bank. It said "get $800 a month income off of $100,000" I had a chuckle and went to the financial planning desk. They said it was a 50/50 stocks/bond mix and they stood by the yield. This is all in Canada though and Canada taxes dividends very favorably for Canadian residence.

Edited March 26, 2010 by sokal

[mca]

I am going to be the one with 200,000 dollars invested, working for me while I sit on the beach.

So having the equivalent of about 6.5 million baht "working for you" you're supplementing the return on that by renting out deckchairs?

(I'm just pulling your leg mate!)

[IanForbes]

i also knew a man, with two big water storage tanks so the rain water, would fill them from the roof.

also a storage water tank underground which filled from the mains, so he had lots of water stored.

when it would rain him and his wife would stand out side collecting rain water in anything they could find.

they would only flush the toilet, on doing a number 2. he said they have not paid a water bill in years

That actually makes very good sense. On Koh Larn Island off Pattaya I saw several homes being built to collect rain water. Some was even stored in a big cement cistern under the home. There is no natural water on the island other than storage tanks.

[lazygourmet]

I am going to be the one with 200,000 dollars invested, working for me while I sit on the beach. You are going to be the one busting your a$ working all day for

money just to go out and waste it.

200,000 dollars invested, come on this is not a lot of money, what return would you get on that, 200,000 dollars, not enough to sit on the beach relaxing.

its enough if your cheap, I will admit it would be the bare minimum but lets say 350,000 then. You could get 1600 dollars a month off 200,000.

are you saying on 200.000 dollars your return a month is 1.600 dollars, how did you work that out?

I had an income portfolio worked out at $1800 a month off of $325,000. It was all dividend income from Canadian companies and RIETs. It worked out to around 6.5 to 6.8% yield. The other figure I used in this thread was just a sign that I seen when I walked into my bank. It said "get $800 a month income off of $100,000" I had a chuckle and went to the financial planning desk. They said it was a 50/50 stocks/bond mix and they stood by the yield. This is all in Canada though and Canada taxes dividends very favorably for Canadian residence.

Who cares?!?

[StreetCowboy]

I am going to be the one with 200,000 dollars invested, working for me while I sit on the beach. You are going to be the one busting your a$$ working all day for

money just to go out and waste it.

200,000 dollars invested, come on this is not a lot of money, what return would you get on that, 200,000 dollars, not enough to sit on the beach relaxing.

After a lifetime of living like a beggar, he'll be able to get by on the returns from US$ 200,000.

SC

[Loz]

Oh I finally have something wonderful to contribute to this thread!!!

I recently bought a Honda Wave 100cc motorbike. Its not as fast as my C70 which I have modified but it is very sensible and reliable. Anyway I remembered an old trick last night on my way back from town.

SLIPSTREAMING!

You would be amazed how much gas you can save by slipstreaming a large vehicle down the highway. I was able to reduce a 1/4 throttle for about 8 kms by sitting behind a bus in its slipstream. The lack of wind resistance means you almost get sucked along in the vortex created by the bus. If I can do that everytime I will save a fortune!!

[rick75]

I have a mate who's Lady friend would always complain He never gave Her any gifts, while walking one day he spotted a cheap bracelet lying in the gutter, we are talking maybe 30baht from a toy store type thing. He took it home gave it to Her and said to never complain She did'nt get gifts.

I swear that is a true story.

[thaibeachlovers]

An acquaintance goes to Bumrungrad Hospital every morning to read the Bangkok Post

He probably REALLY goes to look at the pretty nurses, and you fell for that old line!!!

[thaibeachlovers]

Oh I finally have something wonderful to contribute to this thread!!!

I recently bought a Honda Wave 100cc motorbike. Its not as fast as my C70 which I have modified but it is very sensible and reliable. Anyway I remembered an old trick last night on my way back from town.

SLIPSTREAMING!

You would be amazed how much gas you can save by slipstreaming a large vehicle down the highway. I was able to reduce a 1/4 throttle for about 8 kms by sitting behind a bus in its slipstream. The lack of wind resistance means you almost get sucked along in the vortex created by the bus. If I can do that everytime I will save a fortune!!

Oh yes, I've done that too, but it only works till the truck driver brakes suddenly, and you drive right up the exhaust pipe!

[thaibeachlovers]

Your talking about people that are mean with themselves here, the people that have large amounts of money but live their lives as if they were on the bread line, they go through their whole lives saving for the future, these people are never going to die, they will spend their whole lives living as a poor person has to.

Their bank books will have to be prized from their dead frozen fingers. it's very sad but they are the biggest loosers acquiring the money to enjoy themselves but never being able to do so

Could not be further from the truth. Are you aware that you can make money with money ? The more money you have, the sooner you can stop working. I feel sorry for losers that waste all their money and never get ahead. They are just like a poor person, they have no assets, they have no cash and they always have to worry about keeping a job.

But surely you are a bigger loser if as undercover has said you live like a pauper to attain wealth and then when you have indeed attained your dream of wealth you continue to live like a pauper never to enjoy the fruits of your frugal living?? I am not saying this applies to you personally and if you intend to enjoy the fruits of your labour one day then the very best of luck to you,but there are indeed many people out there who's lives have fallen into this trap.For them enough is never enough.The money growing in there bank accounts is like a drug and although it will not kill them like a drug it will indeed still be there for someone of a more spendthrift nature to enjoy long after they are gone. At least a so called loser has had some enjoyment spending his money ...what enjoyment has the so called "winner" had who dies with all his treasure securely locked up in the bank vault whilst living the whole of his life as a miser.Who is the real loser in this senario? It is also very important to remember that wealth in life is not just about money although I acknowledge to be financially comfortable certainly helps..

Well said. I always think it's a tragedy when I hear of someone who died leaving a lot of money.

[Bagwan]

Riding on a bus gives me an erection so that is where I always take my date for the night.

You shag on a bus? What do all the other passengers think about that? Do you pass the hat around after completion of the dirty deed?

BTW making such a statement may alert the boys at Viagra and they might make you an offer that you can't refuse.

[SiangDeeMahk]

Oh I finally have something wonderful to contribute to this thread!!!

I recently bought a Honda Wave 100cc motorbike. Its not as fast as my C70 which I have modified but it is very sensible and reliable. Anyway I remembered an old trick last night on my way back from town.

SLIPSTREAMING!

You would be amazed how much gas you can save by slipstreaming a large vehicle down the highway. I was able to reduce a 1/4 throttle for about 8 kms by sitting behind a bus in its slipstream. The lack of wind resistance means you almost get sucked along in the vortex created by the bus. If I can do that everytime I will save a fortune!!

Just make sure your drafting-born fuel savings aren't lost in the form of a massive hospital bill, for time spent recovering from an unexpected FACIAL IMPACT with said large vehicle or bus (which, of course, in Thailand, NEVER EVER stop short or drive erratically)..

But that reminds me.. I too was recently sucked violently in a vortex. I gladly reciprocated, and all involved parties contentedly drifted off to sleep.

(sorry; a little OT, and I went a little *blue* there.. it happens sometimes)

[Sisaketmike]

we also save a lot because my wife won't let me keep a mia noi

Tell your wife that is something you can't do without

I could get a mia noi for free the problem is the wife won't allow it anymore.

Surely an oxymoron if ever there was one.

Oxymoron isn't good enough for such a joke..........must have an IQ less than 40.

[Bagwan]

No more 4 in a bed romps with 20 yearolds. I'm now content with 3 in a bed romps with 25 year olds.

I was never totally frugal but managed to retire at the age of 55 with enough dosh to last me before I am put into a box. I think I got the balance right - unlike those unfortunates sitting on the Beach Road sea wall nursing a single bottle of Chang purchased from 711 and talking to whores all day.

Being comfortably well off is more about what you do with your money than how much you acquire.

Some of the most stupid quotes that reach me are those of lottery winners. I won't let it change my life they say. Doh! I'd make bloody sure that it changed mine. I used to day dream of a long line of busty blondes queuing outside my house.

[Birdman]

An acquaintance goes to Bumrungrad Hospital every morning to read the Bangkok Post

He probably REALLY goes to look at the pretty nurses, and you fell for that old line!!!

and he recharges his mobile phone there...

[robblok]

we also save a lot because my wife won't let me keep a mia noi

Tell your wife that is something you can't do without

I could get a mia noi for free the problem is the wife won't allow it anymore.

Surely an oxymoron if ever there was one.

Oxymoron isn't good enough for such a joke..........must have an IQ less than 40.

You don't have to be ticked off that much just because your paying your wife and everyone else to be with you. Not everyone has to do that just the ugly fat blokes. So i'm sorry we aren't all like you. Maybe if you looked good and had a good attitude people would hang out with you for free.

But as far as i see it you got a snowballs chance in hel_l with an attitude like that.

[TheItaliann]

i often see farang riding motorbikes and some even take the bus. lol.

[robblok]

i often see farang riding motorbikes and some even take the bus. lol.

I do both..

Ride my bike a lot and then park it at a mall to take the bus that taxes the expressway. Its an easy and fast way for me to go into the heart of the city.

I will get a car in the future if all things go the way i want it but i really love the bike for passing traffic. There always seem to be traffic jams here.

[dmax]

i read the papers in the restraunt in morn so i dont have to buy them, not that stingy really.

[TheItaliann]

taxi is quite cheap. weird place to save imho.

Edited April 4, 2010 by TheItaliann

[robblok]

taxi is quite cheap. weird place to save imho.

I prefer the motorbike / bus combination to get into the city because it saves time.

[Loz]

I now plant the seeds of all the sweet Mango that I eat. Eventually I won't have to buy them. They'll be in my garden for free (along with the green ones I have already!)

[mca]

I always see a chap in the lobby of the Pullman Khon Kaen who, if the newspapers for guests to read are already being read, will take one from the rack clearly marked " For Sale " and read that.

Maybe it's just me but I always considered it the height of rudeness ( here and back home ) when folks stand in a large bookshop and read the magazines from cover to cover. A quick glance to see if it's worth buying OK. But to stand there poring over them. It's a business not a frigging library.

[undercover]

There are people here so tight that they only have one shirt and one pair of shorts, washing and drying them from time to time while on the beach. one guy I know has never worn underpants because of the saving in having to buy them and wash them. he takes tightness to another level, he even urinates in the garden to save flushing the toilet.

[Ricardo]

he even urinates in the garden to save flushing the toilet.

Me too ... it saves a fortune on fertilizer !

[StreetCowboy]

Drinking in Happy Hour.

Oh, that makes me laugh...

I got a free pint at St Andrew's Night once that led to a four figure bill, as I recall...

SC

[Forethat]

It has been brought to my attention that there are people in Thailand who employs a biling....trilingu....multilingual gardener in an attempt to save money, allegedly this reduces the cost for a BMW by several million baht compared to the price in UK.

I hate to be the one breaking the news, but the price tag for the BMW remains at the same level even though your gardener should happen to master Gilbretese.

Edited September 24, 2010 by Forethat

[Loz]

Saving Money I thailand..hmmm...

1) use both sides of the toilet paper

2) use second hand toilet paper (dried out of course)from the recycle bin found at the side of the toilet in most public conveniences

3) borrow the students pens and forget to return them. (Kru Quam jam suam )

4) turn off the engine down hill power steering and brakes are for puffs!

5) sleep with old farang's wives. Their eyesight is so shot, you can claim to be the pool boy and might even get a tip!

6) Talk to yourself when you enter the shop, keep talking as you pick up everything you want. then just walk out. See the astonished faces as nobody dare challenge "farang ting tong".

7) stop cars that are going your way. Get in and signal for them to carry on. Stop them near where you are going and say thanks with a big wai. They'll think you are confused but very polite.

8) sit down at a restaurant table where there is a party of 4 or more adult thais eating and help yourself to their food. smile and as they talk, reply with and nod and the word, "uuhh" with varied tones to indicate agreement, amusement, seriousness or otherwise. leave before the bill comes. But be sure to say the food was Arroy maak!

9) Ask for a glass of wine with the free cheese samples at the mall food court, explaining that u need to taste the cheese in context. Thinking you'll buy the wine, they'll be happy to oblige. obviously you will need several chunks of cheese and a couple of glasses so invite them to join you.it will make it like a party, until you decide its not really what your looking for. but smile and withdrawl with a deep deeeeep wai.

10) marry a thai/chinese girl who's family will feel honour bound to make you CEO of their sugar cane empire in the North East. Free gasohol for life!

[leon1503]

we also save a lot because my wife won't let me keep a mia noi

Tell your wife that is something you can't do without

I could get a mia noi for free the problem is the wife won't allow it anymore.

Surely an oxymoron if ever there was one.

i,m so cheap that sometimes i pretend i cant find my wallet and wait to see will my gfs mum pay the dinner bill. i get away with it half the time.

[apetley]

I know a guy who stopped doing visa runs a couple of months ago to save money......................