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Chandler

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Posts posted by Chandler

  1. 8 hours ago, Chiang Mai Bill said:

    I think 'Trainman' was trying to say that throughout the 'good years' people should have been icing a little back in case the 'good years' went away!

     

    Earnings are relative to the standard of living: larger income-earners could/should have been putting away more than those who earned less -- for that 'rainy day'!

     

    It's not only a Thai thing -- it's a global failure that people don't save for hard times! This pandemic has shown the folly of spending and borrowing without care.

    Thais dont save.  Eastern philosophy and thai culture believe much more in the live for today, as tomorrow is not promised.  So they spend as soon as they get.  Its hard to teach your Thai woman to save, they just want to spend.  Believing that tomorrow is not promised and it will work itself out. That of course is a generalization of many Thai and does not mean all Thai by any stretch of the imagination.  It is just their way of life as they understand it.  much like in the West, we generally are more worried about tomorrow, that many never really live until ?retirement?  if they make it that far.   I cant count how many people say they will do this or that or go here or there after they retire and then once retired realize they can afford it now or have other obligations or their health isnt there, or are simply too old to do what they thought they would do one day.   Somewhere in between, a "Happy Medium" is the best approach I feel.   Oh well, to each their own right!

    • Like 1
  2. On 11/22/2020 at 12:52 AM, wolf81 said:

    You wouldn't enjoy the burning season up here. Just for the burning season it's not a great place to stay year round in the north.

    I am just trying to get data ahead as I have time before I retire.  I spend 3 or 4 months several times over the last 2 decades and usually not in tourist areas.  Im just trying to get ducks in a row in advance to make sure its viable

     

  3. 6 hours ago, Dagfinnur Traustason said:

    Ok, I understand. I will go roughly over the whole thing. As I live in Isaan myself with a wife and two kids, I have a decent perspektive on all of this.

    First we take the house. Depending on the area and how close to a city as well as the size of the city, building a house with the size you take as an example will included with land start at 1-1,2 million baht up to whatever you want. I would say the middle region is between 2-3 million baht.

     

    If you want a motorbike of regular type 125 cc or 150 cc you will by that cash for between 40 000 to 80 000 baht each depending on how many you need.

     

    A car goes for between 300 000 and up for decent second hand. For a new decent car the price depends on brand, but let´s say about 1-1,3 million baht for a Toyota Fortuner, or a starting price at 600 000 - 700 000 baht for a general faily good car.

     

    After that we have the children. Here they usually start school at the age of 3.

     

    Price for kindergarten in private school can start at 10 000 baht per term compared to all from free school to a couple of thousands per term for government school.

    Year 1-6 in primary school will be about 15 000 term in private and around 3 000 - 5 000 per term in government school.

     

    After that the price will wary very much out of your choice of school and can be all from 10 000 per term and up to whatever you wish to put out on education for your children.

     

    Regarding the quality I prefer private school after testing the first 2 years in government school for my children.

     

    if you do not live in or fairly close to one of the middle sized or bigger cities in Isaan, there will not be much of a place for entertainment. You will find places to take a beer without problem as well as restaurants and karaoke. In the middle sized and bigger cities there is normally quite a lot of entertainment. I spend about 5 000 - 15 000 baht per month on that depending on my mood.

     

    Regular expensies as phone, TV, electric and water for a person that utilize aircon on a regular basis would be about 5 000 - 8 000 per month.

     

    After that you will have the part of life that includes food. Depending on what you eat price will vary. I eat a maxed variety of let´s say 50/50 of Thai and International food. It usually lands on 12 000 baht per month.

     

    On top of all this you will have insurances, your wife, clothes and hygien to pay up for. If you also engage in regular travel like you mentioned, that will also be an extra expense. We do that as well, and every time it seems to be at least 20k for the whole family during only a weekend.

     

    I hope that will put you well place as a quarterback, with great knowledge of the ballpark you wish to play in. ????

     

    As you certainly already are aware of there will also be visa expensies. Even if they do not take your money you will have to be able to show 800 000 in a Thai bank or 65 000 per month for retirement. If you go the marriage route the same will be 400 000 or 40 000 per month. Your true yearly expensies for that will be 1900 for extension. If you wish to travel out and in of the country during that time a multiple entry document will be needed for a yearly price of 3 800 baht.

     

    Thank you for the detailed reply  I very mucvh appreciate it.  there has been alot of helpful people here.  

     

    • Like 2
  4. On 11/21/2020 at 9:58 PM, Dagfinnur Traustason said:

    You know? I have a great advice for you. Why don´t you come and stay in Thailand for a year with your wife? Why not buy a motorbike? Ask price for house and car! Pay for everything on a monthly basis during that year. After that you will have all the facts, including if it is the right choice for you.

    If you already done all this, why in the world are you asking about it?

    I havent done that.  I have lived there for usually 3 or 4 months.  over the course of several years.  but thats BKK area pricing and more tourist style lifesyles, and using public transit etc.  I wouldnt be able to do that until I retire, therefore fact finding mission to establish baseline costs and median costs to weigh out the reality of Cost of living in that region. 

     

  5. On 11/21/2020 at 2:46 AM, Boomer6969 said:

    Slightly off topic. But I am having a long overdue one week holiday up North in Chiang Rai, and if I wasn't committed, as I am, to where I live now, I'd establish myself there without hesitation. Small quiet place with everything a healthy Farang retiree could dream of.

    Just might be hard to move the gf/wife away from family lol.  I was considering an island home however she made it clear she would rather travel to there for vacation, while living close to family

     

  6. On 11/20/2020 at 11:05 PM, Isaan sailor said:

    Recommend A-quality wood doors for outside and inside.  Cheap wood doors don’t last, and not as secure.  Also, if you can afford marble (stone) flooring, looks great and much cooler on your feet—with or without A.C.

    And get yourself a pre-nup, or a renewable lease on the land.

    good advice thanks!

     

  7. On 11/20/2020 at 10:44 PM, MikeN said:

    Well that depends on your lifestyle but, as an indicator, earlier this year during peak COVID here when travel was restricted and many places shut the wife and I lived comfortably on around 20,000 in rural Ubon. Even in May when I did my visa extension with associated costs I only took 25k out of the bank. And that was not just surviving on MaMa noodles and water ! 

    If you live close to one of the bigger cities and cannot abstain from restaurant cooked farang food, and drinking at farang bars, then your costs will be higher than if you eat Thai or home cooked farang food, drinking with the family at home.

     And then you have the annual variable costs, such as health and car insurance.....what level of cover do you need ? Travel costs are up to you ...luxury resort on an island or something more budget minded ?

    Thanks!   Im more then fine eating Thai 90% of the time and can cook farang as needed.  Good to know about expenses.  Im feeling that I should be about 75k a month roughly. for available expenses.  sounds like that should be sufficient for wife and a child or 2 maybe.

  8. 1 minute ago, kenk24 said:

     

    people tend to go a bit heavy on avoiding the family... and in many cases appropriately... keep your eyes open... do they drink or gamble? 

     

    I married the family and it has been a pleasure. We built a family compound too. There is always a baby sitter available and someone to feed the dog if we go away... there is a deep sense of security in knowing there are many family members around if your car breaks down or if you have a problem... 

     

    kids can get expensive... do you want your kid to have a computer, ipad etc.. when it will help them with school? 

    yes, absolutely on the computer.   

    • Haha 1
  9. Just now, DILLIGAD said:

    How well do you know the area that you 'propose' to live in??? Agree with Evenkeel's comments above  and I would add, Why not rent a place for a year or 3 first. then decide if the area is right for you.

    There are many abandoned 'mansions/monuments' around the area that you describe (one was mine) and think it makes perfect sense to rent first.

    Good luck!   

    I dont know it very well.  just figured she would care to be close to parents.  thanks

     

    • Like 1
  10. 6 minutes ago, baansgr said:

    Food, utilities, gasoline, everything is almost priced the same throughout Thailand. Only thing cheaper in Issan is land price. Some good companies can build 3 bed 2 bath for 1.2 mil (build only).. Kids is upto you...pocket money, how often you treat them etc. After all your major purchases..30k can live very well with some to spare

    30K Thb a month is fair there?

     

    • Haha 1
  11. 12 minutes ago, EVENKEEL said:

    There's no rule that says you must live on her land. For extended happiness, live far away from her family and she can visit them.

    actually i had considered that,  something near the water or maybe Cambodia as its close and cheaper

     

    • Haha 1
  12. Curious, close to the Cambodia border within reason.  Building a home on wife's land.  What are building costs like?  For say a decent 3 bedroom home with AC and hot water.  Decent living room and kitchen?   Also, is there a general consensus on the cost of living in that area?  Decent life style, nothing crazy.  Money to party or travel a little when you want to, but not really doing on regular basis....  Maybe leaving room for 1 or 2 children?   Probably 1 car/truck  and a motorbike.  Relaxed lifestyle...  I'm not sure if there is much difference in the schooling from Thai schools to private schools.  Any input on helping to figure this out would be appreciated.  I am sure I didn't give  sufficient information.  Let me know what I left out in forum or even better a PM.  Thanks!  I am sure I'm not the first to ask this question.  Sorry for repeating it, although costs do change frequently.

    Khob khun krap!   Ih-lee Ih-lee na!

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