Buriram Expats

Buriram Province - General Category => Introduction => Topic started by: hermest on March 16, 2013, 09:28:21 PM

Title: Monthly spending with strong Baht
Post by: hermest on March 16, 2013, 09:28:21 PM
With the strong Baht and inflation, monthly spending is on the rise what do you think is a good living per money in Thai Baht?
As I always seem to spend more than I plan.


Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 16, 2013, 09:31:49 PM
100,000 Baht per month should cover everything you need.
Title: Re: Monthly spending with strong Baht
Post by: urleft on March 16, 2013, 10:12:09 PM
100,000 Baht per month should cover everything you need.

Depends on what you want.  Four years ago Baht was at 36 to 1 dollar, now it is about 29 to 1 dollar.  That is a big loss in buying power if you have fixed assets.   

So yes you most of us could live on 100,000 baht a month, but if we planned to obtain Thai assets, we buy less. 

To put it in simple terms, I used to get 20,000 baht for about $600 using my ATM, I now get 17,000 baht for about $600.  That 3000 baht difference really adds up when you try international transfers, $30K (was 1 million baht, now 850K baht, a loss of 150K baht) is a big loss now.

I am not rich enough to ignore a 150K baht loss, good luck to those that don't worry about it. 
Title: Re: Monthly spending with strong Baht
Post by: smoooth2 on March 16, 2013, 10:54:55 PM
100,000 baht per month ??  Co-Co and urleft ... are you serious ??

Have you each got a couple of brand new Fortuners in the garage ?

I've definately got to get out more and spend some money !!

I would be astonished if many expats are not living very comfortably in LOS for WAY less than 100k per month.

Geez ... I could live comfortably in Australia for 100,000 baht per month.

Please tell me you are pulling the proverbial leg ??
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 16, 2013, 11:42:34 PM
100,000 baht per month ??  Co-Co and urleft ... are you serious ??

Have you each got a couple of brand new Fortuners in the garage ?

I've definately got to get out more and spend some money !!

I would be astonished if many expats are not living very comfortably in LOS for WAY less than 100k per month.

Geez ... I could live comfortably in Australia for 100,000 baht per month.

Please tell me you are pulling the proverbial leg ??


 whistle
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 16, 2013, 11:51:40 PM
100,000 Baht per month should cover everything you need.

Depends on what you want.  Four years ago Baht was at 36 to 1 dollar, now it is about 29 to 1 dollar.  That is a big loss in buying power if you have fixed assets.   

So yes you most of us could live on 100,000 baht a month, but if we planned to obtain Thai assets, we buy less. 

To put it in simple terms, I used to get 20,000 baht for about $600 using my ATM, I now get 17,000 baht for about $600.  That 3000 baht difference really adds up when you try international transfers, $30K (was 1 million baht, now 850K baht, a loss of 150K baht) is a big loss now.

I am not rich enough to ignore a 150K baht loss, good luck to those that don't worry about it.


36 to 29... I wish !


The Brits will tell you that the exchange rate was over 70 six years ago and this week we were getting 44.

I did my first Thai planning at 66 Baht to the Pound. That meant that 100,000 Baht would be generated from about GBP 1,500.

To get 100,000 Baht you now need GBP 2,272.

We are effectively more than one-third worse off.
Title: Re: Monthly spending with strong Baht
Post by: Starman on March 17, 2013, 05:55:41 AM
Ahhh. Exchange rates. I earn Thai baht and spend Thai baht. party8

As far as I know 1 baht is still 1 baht.  party13

Happy Days. bravo1 whistle
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 17, 2013, 07:24:55 AM
Ahhh. Exchange rates. I earn Thai baht and spend Thai baht. party8

As far as I know 1 baht is still 1 baht.  party13

Happy Days. bravo1 whistle


As jonestherice might say - sometimes it must be nice to have fcuk all in Sterling ;)
Title: Re: Monthly spending with strong Baht
Post by: Starman on March 17, 2013, 07:32:00 AM
I was actually thinking of buying some. Just not sure how low it is going to go and how long I will need to keep it before selling it.

Mind you, if anyone did know then they would be a rich man.

I do know one guy that brought most of his sterling over a few years back and go 68. He is having a little chuckle to himself right now.
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 17, 2013, 07:39:38 AM
I was actually thinking of buying some. Just not sure how low it is going to go and how long I will need to keep it before selling it.

Mind you, if anyone did know then they would be a rich man.

I do know one guy that brought most of his sterling over a few years back and go 68. He is having a little chuckle to himself right now.

I paid 2m for land @ 64 and felt a bit aggrieved at the time...
Title: Re: Monthly spending with strong Baht
Post by: Starman on March 17, 2013, 07:41:58 AM
So, if you sell it now for 3m you might get your money back!!!!!
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 17, 2013, 07:47:04 AM
So, if you sell it now for 3m you might get your money back!!!!!

With Thai property inflation/expectations, the missus would not sell for 4m Baht :)
Title: Re: Monthly spending with strong Baht
Post by: Starman on March 17, 2013, 07:49:51 AM
"the misses". Forgot that bit of the equation. smilenod
Title: Re: Monthly spending with strong Baht
Post by: Nobby on March 17, 2013, 08:31:47 AM
I try not to worry about anything I cannot change. Lifestyle/work/who to trust/expectations; are a different matter.

I built a house & bought a truck when £ = 72b. Both are gone now but I am still very happy in Thailand. Forget the past and make your future enjoyable, that's what I say and try to do.
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 17, 2013, 08:47:06 AM
I try not to worry about anything I cannot change. Lifestyle/work/who to trust/expectations; are a different matter.

I built a house & bought a truck when £ = 72b. Both are gone now but I am still very happy in Thailand. Forget the past and make your future enjoyable, that's what I say and try to do.

Although you now have Baht income, I would still say that happiness is more achievable at 72 than 44.

I now anticipate a few retorts of money does not equal happiness. Whilst there is some truth in that, if you have not got enough money life can be difficult. Having money gives choices - having less money reduces those choices.
Title: Re: Monthly spending with strong Baht
Post by: Somnat on March 17, 2013, 08:54:59 AM
^^^^^ Makes sense to me CO-CO....were you a Sage in a previous life ?
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 17, 2013, 09:03:31 AM
^^^^^ Makes sense to me CO-CO....were you a Sage in a previous life ?

somnat,  I am a sage in my PRESENT life ;)

No point in getting older if you don't get wiser!  ......
Title: Re: Monthly spending with strong Baht
Post by: Nobby on March 17, 2013, 09:09:34 AM
I try not to worry about anything I cannot change. Lifestyle/work/who to trust/expectations; are a different matter.

I built a house & bought a truck when £ = 72b. Both are gone now but I am still very happy in Thailand. Forget the past and make your future enjoyable, that's what I say and try to do.

Although you now have Baht income, I would still say that happiness is more achievable at 72 than 44.
( Do I ???)

I now anticipate a few retorts of money does not equal happiness. Whilst there is some truth in that, if you have not got enough money life can be difficult. Having money gives choices - having less money reduces those choices.

I have met a few £ millionaires who were the most miserable buggers on earth!  :o Poverty does look so quaint in retrospect  :D.

I suppose its the pint half empty syndrome. I feel a Starman post coming along soon!  punk
Title: Re: Monthly spending with strong Baht
Post by: Nobby on March 17, 2013, 09:17:12 AM
somnat,  I am a sage in my PRESENT life ;)

No point in getting older if you don't get wiser!  ......

True but that reminds me of the saying... You don't stop having fun when you're older. You get older when you stop having fun!

p.s. I am not a god-botherer!  :D :D :D

Title: Re: Monthly spending with strong Baht
Post by: Starman on March 17, 2013, 09:42:46 AM
A sage?????

I'd much rather be an Oregano, or maybe a parsley. Far more aromatic.

There you go kerfuffled. party14
Title: Re: Monthly spending with strong Baht
Post by: CO-CO on March 17, 2013, 09:57:01 AM
How did Kerfuffled manage to change his user name?
Title: Re: Monthly spending with strong Baht
Post by: Somnat on March 17, 2013, 10:02:19 AM
How did Kerfuffled manage to change his user name?

CO-CO, he changes his username more often than I change my undies :)
Title: Re: Monthly spending with strong Baht
Post by: Vombatus on March 17, 2013, 10:47:37 AM
How did Kerfuffled manage to change his user name?

CO-CO, he changes his username more often than I change my undies :)


I would hate to see the state of your undies mate !!
Title: Re: Monthly spending with strong Baht
Post by: Nobby on March 17, 2013, 10:50:59 AM
I would hate to see the state of your undies mate !!

An old codger goes to visit his doctor about painful peeing. His wife goes with him because the poor old bloke is hard of hearing.

After an examination the Doctor says to the old man, “Right, I’ll need you to leave a urine, semen and feces samples for analysis.”

The old man didn’t quite hear the Doctor and asks his wife, “What did the Doctor say?”

The wife replies, “He wants you to leave your underpants here, dear.”
Title: Re: Monthly spending with strong Baht
Post by: Somnat on March 17, 2013, 10:58:18 AM
I would hate to see the state of your undies mate !!

An old codger goes to visit his doctor about painful peeing. His wife goes with him because the poor old bloke is hard of hearing.

After an examination the Doctor says to the old man, “Right, I’ll need you to leave a urine, semen and feces samples for analysis.”

The old man didn’t quite hear the Doctor and asks his wife, “What did the Doctor say?”

The wife replies, “He wants you to leave your underpants here, dear.”


 :D :D :D :D :D :D Good one Dave
Title: Re: Monthly spending with strong Baht
Post by: Nobby on March 17, 2013, 11:37:42 AM


 :D :D :D :D :D :D Good one Dave

WHO?


Sorry Dave! couldn't resist
Title: Re: Monthly spending with strong Baht
Post by: DeputyDavid on March 18, 2013, 04:12:58 AM
I try not to worry about anything I cannot change. Lifestyle/work/who to trust/expectations; are a different matter.

I built a house & bought a truck when £ = 72b. Both are gone now but I am still very happy in Thailand. Forget the past and make your future enjoyable, that's what I say and try to do.
Brother we are in the same boat...both gone now. (Along with house full of furniture and garage full of tools from USA.)
I also built and purchased when the baht was 36 to 1USD.
Still learning to move on, but trying to regroup and get it together by retirement time. This time will plan a bit differently.  However, I do plan to enjoy!

Best of luck!
Title: Re: Monthly spending with strong Baht
Post by: Mitch Iwichiwa on March 22, 2013, 03:03:55 PM
What happened to the houses and the trucks?
Title: Re: Monthly spending with strong Baht
Post by: DeputyDavid on March 23, 2013, 12:12:38 PM
What happened to the houses and the trucks?

As I can only speak for myself, they went to an ex wife who promised to take care of me "forever" (or until she got her US citizenship - whichever came first.  Citizenship came first.)
Title: Re: Monthly spending with strong Baht
Post by: nookiebear on March 24, 2013, 06:23:38 AM
What happened to the houses and the trucks?

As I can only speak for myself, they went to an ex wife who promised to take care of me "forever" (or until she got her US citizenship - whichever came first.  Citizenship came first.)
DD,sounds like you could become one of Sunderland Peter's customers for his famous Grass Paint
Title: Re: Monthly spending with strong Baht
Post by: DeputyDavid on March 24, 2013, 06:27:03 AM
Bermuda green baby..... runningdog
Title: Re: Monthly spending with strong Baht
Post by: nookiebear on March 24, 2013, 06:52:19 AM
Bermuda green baby..... runningdog
He sells  3 shades...........Grass Green,Green Grass & Greener than Grass......!!!!!
Title: Re: Monthly spending with strong Baht
Post by: Mitch Iwichiwa on March 24, 2013, 12:27:30 PM
As I can only speak for myself, they went to an ex wife who promised to take care of me "forever" (or until she got her US citizenship - whichever came first.  Citizenship came first.)

Oh, ok.  Oh well.