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georgegeorgia

You just couldn’t live like a minimalist anymore

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Posted (edited)

Years ago ,must be at least 10 years-13 years  ago or more ,I met a guy aged in his 70’s in Pattaya.

He was a Aussie guy living off his old age pension.

 

I think he got about 35K -40k thai baht monthly  i recall him saying.

I think hs rent was 3000 baht a mnth,no air con 

 

anyway got to know him from the Jomtien coffee shop he frequented,( brought his own tea bag !🤭)

 

He described himself as a minimalist and didnt have anything in assets beside  his pension ( no idea if he had the 800k)

 

He had suddenly took off from his Government owned small bedsitter apartmtent in back then Sydney’s notorious Suburb of Redfern after being harassed and bashed by groups of youths and came to Pattaya ,where he rented a studio in Jomtien up behind the shops

 

He bought at the markets and mostly cooked his own vegetables he told me,didnt drink or smoke,ate youghurts ,tinned tuna etc

 

He was quite a fit guy, 3 times a week walking from Jomtien to Pattaya and then walked to that lawn bowling club ( i think long closed)

 

Got his water from those machines ( not sure of the taste)

 

Had girls from the street for sexual fun,he was in bed by 9 everynight and up at 6Am

 

Anyway fast forward 10 years or more and it works out the Aussie pension is still working out to be the same , when changing to thai baht

 

Can you still live on that amount now?

 

Obviously not in Pattaya,impossible!

 

But what about in say Chiang mai or Udon Thani ?

 

 

 

 

 

 

Edited by georgegeorgia
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Posted (edited)

The Aussie pension is not the same as it was 10 years ago, it's adjusted every year in keeping with the CPI (consumer price index). The single pension is currently around $700 per fortnight, or 14,625 baht.

Edited by giddyup
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1 minute ago, georgegeorgia said:

When converted to Thai baht I meant .its still around the 30-35K per month mark

If a room costs you 8,000 baht a month, still leaves around 20,000 a month to live. You'd need to be pretty frugal to survive on that.

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you could not live off 40K now, after 10-13 years inflation

you are going to need,50-60K, did the Oz  pension increase

that much over that time frame.if it did he would be OK,

it's all about budgeting your income.

regard worgeordie

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5 minutes ago, worgeordie said:

you could not live off 40K now, after 10-13 years inflation

you are going to need,50-60K, did the Oz  pension increase

that much over that time frame.if it did he would be OK,

it's all about budgeting your income.

regard worgeordie

Already said that the Aussie single pension is around 30,000 baht a month.

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46 minutes ago, georgegeorgia said:

When converted to Thai baht I meant .its still around the 30-35K per month mark

He couldn't have got that 10 years ago, that's the current amount.

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6 minutes ago, giddyup said:

Already said that the Aussie single pension is around 30,000 baht a month.

So its gone down,as the OP said the guy was getting 30-40 Thb a month.THEN.

regards Worgeordie

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Just now, worgeordie said:

So its gone down,as the OP said the guy was getting 30-40 Thb a month.THEN.

regards Worgeordie

Yes, you're correct. When I first came 9 years ago I was getting over 30 baht to the dollar, so the pension has devalued by a third.

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1 minute ago, Jingthing said:

You could easily live on 35 to 40 with as long as your rent is cheap. So the real question is whether you'd feel comfortable with such accommodations.

The question would be more interesting if it was 20k including rent.

Next...

Sent from my Lenovo A7020a48 using Thailand Forum - Thaivisa mobile app
 

Wouldn't leave much for an emergency, like a bike accident, illness etc.

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