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saving money in thailand

 
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deerock



Joined: 10 May 2007
Posts: 6

PostPosted: Mon May 14, 2007 8:23 pm    Post subject: saving money in thailand Reply with quote

hello,

how come people are concerned with saving money in thailand?
if my goal is to move there, work for 1 year and move back to the states, will the salary be enough to live on?

i could save enough in the states to buy my plane ticket ahead of time.
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takgeyon



Joined: 19 Apr 2007
Posts: 51

PostPosted: Mon May 14, 2007 11:44 pm    Post subject: Reply with quote

If you can save enough money in the States to pay for a plane ticket here then you must have one heck of a job there. Living in Thailand is all about the place, atmosphere etc....You can live very easily on the salary you'll make because the cost of living is very affordable. If you want to pick up a part time job or private students you can save a lot.
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tedkarma



Joined: 17 May 2004
Posts: 1598
Location: The World is my Oyster

PostPosted: Tue May 15, 2007 12:57 am    Post subject: Reply with quote

I guess it depends on the quality of life you are used to - and intend to live here.

Personally, I would find it quite difficult to save any money here - and I am not a party guy. But I do like to live in a comfortable home, have a car and go out to eat when I want and not fear having a second beer (without checking my finances first).

People who save "a lot of money" here are working all the time, live in an efficiency (bedsit) apartment and walk everywhere. No problem with that - it just isn't the lifestyle I prefer ( I am a bit older than most and have had my fill of shared houses and closet-sized apartments). And I live in a smallish town on Phuket - a car is needed as public transport here is slow, unreliable and stops at 6pm! And I don't wish to be crippled in a motorcycle accident - which we see several times every day.

You CAN live decently on what you earn here - but many people draw from savings to make it - very few actually save anything.
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laconic



Joined: 23 May 2005
Posts: 198
Location: "When the Lord made me he made a ramblin man."

PostPosted: Tue May 15, 2007 1:48 am    Post subject: IMO Reply with quote

Having lived and taught in Thailand for several years, I would also dispute the notion that you can "save a lot" in Thailand. EFL teaching salaries in Thailand are ridiculously low and almost no teacher who I have encountered has ever mentioned "saving a lot." This includes those working extra part-time gigs and the like. Of course, to a certain extent, this all depends on what one defines as "save a lot" and expects in terms of quality of life. Having said that, the average teacher in Thailand seems to save very little, if anything, IMO.
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takgeyon



Joined: 19 Apr 2007
Posts: 51

PostPosted: Tue May 15, 2007 10:25 pm    Post subject: Re: IMO Reply with quote

laconic wrote:
Having lived and taught in Thailand for several years, I would also dispute the notion that you can "save a lot" in Thailand. EFL teaching salaries in Thailand are ridiculously low and almost no teacher who I have encountered has ever mentioned "saving a lot." This includes those working extra part-time gigs and the like. Of course, to a certain extent, this all depends on what one defines as "save a lot" and expects in terms of quality of life. Having said that, the average teacher in Thailand seems to save very little, if anything, IMO.


Comparitively, when taken in context with the cost of living most jobs in America don't pay much either. I know guys back home who are making 4 times what I do and aren't enjoying the quality of life I am. One thing that I will say about Thailand that is different from back home is that here there aren't legions of people, buisinesses, government entities, etc... all wanting a handout daily. You can't save a lot here compared to places like S Korea but comparitively I can save more than I could back in the US while enjoying a comfortable life.
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Kent F. Kruhoeffer



Joined: 22 Jan 2003
Posts: 2129
Location: 中国

PostPosted: Wed May 16, 2007 8:02 am    Post subject: Reply with quote

'if my goal is to move there, work for 1 year and move
back to the states, will the salary be enough to live on?'



Yes


but try not to accept less than 36K in Bangkok.

40K ฿ and above in Bangkok is ideal, imho.


If you take a job in the provinces,

don't accept less than 30K.
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maximmm



Joined: 04 Dec 2005
Posts: 59

PostPosted: Thu May 17, 2007 11:25 am    Post subject: Re: IMO Reply with quote

Umm... you are wrong about Korea. There you can save what you make here on monthly basis with ease.

takgeyon wrote:
laconic wrote:
Having lived and taught in Thailand for several years, I would also dispute the notion that you can "save a lot" in Thailand. EFL teaching salaries in Thailand are ridiculously low and almost no teacher who I have encountered has ever mentioned "saving a lot." This includes those working extra part-time gigs and the like. Of course, to a certain extent, this all depends on what one defines as "save a lot" and expects in terms of quality of life. Having said that, the average teacher in Thailand seems to save very little, if anything, IMO.


Comparitively, when taken in context with the cost of living most jobs in America don't pay much either. I know guys back home who are making 4 times what I do and aren't enjoying the quality of life I am. One thing that I will say about Thailand that is different from back home is that here there aren't legions of people, buisinesses, government entities, etc... all wanting a handout daily. You can't save a lot here compared to places like S Korea but comparitively I can save more than I could back in the US while enjoying a comfortable life.
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takgeyon



Joined: 19 Apr 2007
Posts: 51

PostPosted: Thu May 17, 2007 11:34 pm    Post subject: Re: IMO Reply with quote

maximmm wrote:
Umm... you are wrong about Korea. There you can save what you make here on monthly basis with ease.

takgeyon wrote:
laconic wrote:
Having lived and taught in Thailand for several years, I would also dispute the notion that you can "save a lot" in Thailand. EFL teaching salaries in Thailand are ridiculously low and almost no teacher who I have encountered has ever mentioned "saving a lot." This includes those working extra part-time gigs and the like. Of course, to a certain extent, this all depends on what one defines as "save a lot" and expects in terms of quality of life. Having said that, the average teacher in Thailand seems to save very little, if anything, IMO.


Comparitively, when taken in context with the cost of living most jobs in America don't pay much either. I know guys back home who are making 4 times what I do and aren't enjoying the quality of life I am. One thing that I will say about Thailand that is different from back home is that here there aren't legions of people, buisinesses, government entities, etc... all wanting a handout daily. You can't save a lot here compared to places like S Korea but comparitively I can save more than I could back in the US while enjoying a comfortable life.


You really need to re-read the post more closely. You can't save a lot here compared to places like S Korea.......... Rolling Eyes
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maximmm



Joined: 04 Dec 2005
Posts: 59

PostPosted: Sat May 19, 2007 7:29 am    Post subject: Reply with quote

oops:)
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