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JASON THAI

How low can you go, monthly budget cost

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In my opinion, based on my experience of living in Isan for several years, including a few out in the village, sticking to a tight budget without a fair chunk of cash allotted for simply having fun, is a sure way to go mad quick.

My budget is now very simple:

20k Baht to the Mrs, she buys the food, pays the bills etc.

30k Baht pocket money for having fun.

What did you spend 30,000 baht on in a month when you were living in a village ?

Getting out of the village usually! 2-3 days a week me and the Mrs having a long lunch in the city, a few beers most days, BBQ for the family at the weekends, 1 or 2 nights in a hotel in the city a week so I can have a night out with the lads and not worry about getting home. It all adds up!

Thanks for the info, but I am not looking to do this yet so only needs the basics to start off with, then hopefully end up like you, but I would still like to save when I get up to an income of 50K so might cut back a bit on staying in hotels every week

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Anything is better than going back to the UK. Good luck mate but you will be ok.

Sent from my GT-I9305 using Thaivisa Connect Thailand mobile app

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Anything is better than going back to the UK. Good luck mate but you will be ok.

Sent from my GT-I9305 using Thaivisa Connect Thailand mobile app

No offense but I'd rather be struggling for money in the UK where it seems to be defined as not having enough money for Ciggies & Sky TV than I would in Thailand where's it's a case of not having enough to eat.

I know I'm going to get shot down for this, but I'll say it anyway... If you can't afford to retire in the UK, you can't afford to retire in Thailand.

That doesn't mean your retirement monies won't take you further in Thailand or you won't be happier living there, but IMHO (& if I didn't think so I wouldn't still be working & saving) retiring in Thailand will not magically make any money short falls disappear, but if anything will (eventually) accentuate them all the more.

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im much happier on a tight budget than being in the uk..so much more freedom here without big brother telling you how to live..

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Anything is better than going back to the UK. Good luck mate but you will be ok.

Sent from my GT-I9305 using Thaivisa Connect Thailand mobile app

No offense but I'd rather be struggling for money in the UK where it seems to be defined as not having enough money for Ciggies & Sky TV than I would in Thailand where's it's a case of not having enough to eat.

I know I'm going to get shot down for this, but I'll say it anyway... If you can't afford to retire in the UK, you can't afford to retire in Thailand.

That doesn't mean your retirement monies won't take you further in Thailand or you won't be happier living there, but IMHO (& if I didn't think so I wouldn't still be working & saving) retiring in Thailand will not magically make any money short falls disappear, but if anything will (eventually) accentuate them all the more.

I know I'm going to get shot down for this, but I'll say it anyway... If you can't afford to retire in the UK, you can't afford to retire in Thailand.

Concur 101%

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I don't know if this has been mentioned before, but there is a government consultation ongoing at the moment to allow free NHS treatment to expats who have paid at least 7 years of NI insurance contributions.

It's very likely to be approved later this year or next year.

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In my opinion, based on my experience of living in Isan for several years, including a few out in the village, sticking to a tight budget without a fair chunk of cash allotted for simply having fun, is a sure way to go mad quick.

My budget is now very simple:

20k Baht to the Mrs, she buys the food, pays the bills etc.

30k Baht pocket money for having fun.

What did you spend 30,000 baht on in a month when you were living in a village ?

Getting out of the village usually! 2-3 days a week me and the Mrs having a long lunch in the city, a few beers most days, BBQ for the family at the weekends, 1 or 2 nights in a hotel in the city a week so I can have a night out with the lads and not worry about getting home. It all adds up!

Thanks for the info, but I am not looking to do this yet so only needs the basics to start off with, then hopefully end up like you, but I would still like to save when I get up to an income of 50K so might cut back a bit on staying in hotels every week

You seem to have thought it through. Having your own house is a bonus in more ways than one. There is always something that needs doing so it can very easily eat up spare time. I have a fairly large garden and struggle to keep on top of it. I get by on a budget well below yours but there is no children.

At the end of the day it will be down to luck. When I decided to come here I made commitments with the baht at 65/GBP but by the time I completed and transferred the funds it had dropped to 55, ouch.

Hopefully we will never see that again, so good luck.

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Anything is better than going back to the UK. Good luck mate but you will be ok.

Sent from my GT-I9305 using Thaivisa Connect Thailand mobile app

No offense but I'd rather be struggling for money in the UK where it seems to be defined as not having enough money for Ciggies & Sky TV than I would in Thailand where's it's a case of not having enough to eat.

I know I'm going to get shot down for this, but I'll say it anyway... If you can't afford to retire in the UK, you can't afford to retire in Thailand.

That doesn't mean your retirement monies won't take you further in Thailand or you won't be happier living there, but IMHO (& if I didn't think so I wouldn't still be working & saving) retiring in Thailand will not magically make any money short falls disappear, but if anything will (eventually) accentuate them all the more.

I know I'm going to get shot down for this, but I'll say it anyway... If you can't afford to retire in the UK, you can't afford to retire in Thailand.

Concur 101%

agree 102%

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Sorry for the delay,it is within the article that is linked to here.Regards.

http://www.pensionsadvisoryservice.org.uk/state-pensions/voluntary-national-insurance-contributions

and to quote from the article ;

"The Government has announced its intention to reform the state pension system, by changing it into a single-tier pension for those retiring on or after April 2016. Under the proposed changes, the number of qualifying years required for a full pension will be raised from 30 to 35"

Well that makes for some interesting reading......I see where you are coming from now SS......although it is just a proposal which is why it's not mentioned anywhere else, and as they state some of the proposals may never happen.

Thanks for the link.

HL

Hi HL,

i was in the UK when these changes were put forward,I would suggest the change to 35 years requirement from April 2016 is unstoppable now,one of the keys issues for those of us ( like me and I think you also),is how we are " considered" during the transition period ( eg,will we be allowed to buy the additional 5 years if we need them) or will we be just left to

" hang out to dry". Regards SS.

There are special rules proposed for those who retire in the new system but have built up qualifying years in the old system. These make it hard for affected people to know whether to pay voluntary NI, until the DWP can provide figures on the new basis.

HMRC has extended the rules for the payment of voluntary NI contributions so that those affected have more flexibility to make voluntary contributions and time to wait until the DWP can provide the figures. This page will be updated if the changes become law.

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Here's the latest update, my daughter has got a new job in BKK which pays a lot more than she gets in Korat, she will be staying with my sister in law so now it's only the 3 of us staying in korat with a budget of around 30k per month to start off with for the first year

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In my opinion, based on my experience of living in Isan for several years, including a few out in the village, sticking to a tight budget without a fair chunk of cash allotted for simply having fun, is a sure way to go mad quick.

My budget is now very simple:

20k Baht to the Mrs, she buys the food, pays the bills etc.

30k Baht pocket money for having fun.

What did you spend 30,000 baht on in a month when you were living in a village ?

He was donating it to his new extended family....

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In my opinion, based on my experience of living in Isan for several years, including a few out in the village, sticking to a tight budget without a fair chunk of cash allotted for simply having fun, is a sure way to go mad quick.

My budget is now very simple:

20k Baht to the Mrs, she buys the food, pays the bills etc.

30k Baht pocket money for having fun.

What did you spend 30,000 baht on in a month when you were living in a village ?

He was donating it to his new extended family....

You could not be more wrong.

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I would seriously consider teaching Jason, not just for extra income but to :

1) Get you out of the house.

2) Give you a reason to get up in the morning.

3) Help you meet (hopefully) nice educated people (I don't mean that in a snobbish way).

4) Give you objectives that are NOT family based.

5) Stop you drinking &/or getting bored.

6) Make friends from different locations/backgrounds.

7) Motivation and to earn respect (hopefully)

That's how it helped me

Jason, I think you should consider the points that DILLIGAD made above.

They are not only practical suggestions, but are also damn good common sense - something which sadly not everyone moving here has enough of.

Glad they helped you DILLIGAD.

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Anything is better than going back to the UK. Good luck mate but you will be ok.

Sent from my GT-I9305 using Thaivisa Connect Thailand mobile app

Not the ones that I see sleeping under a bridge and begging for money. Both in Pattaya and Bangkok

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At least they don't freeze to death

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