Quote:
Originally Posted by mdt
So Tanman ... on that budget do you feel you're getting all the partying in you want ... or do you feel like your limited. Is it better being in Thailand full time and sticking to a budget than visiting 2 or 3 times a year and not really having a budget?
Once again, thanks for the advice.
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mdt,
I will know more when I actually do it! I arrive on 1/1/07 and I have a decent one bedroom in Patong Beach already reserved for 12,000 baht per month.
When I am on a holiday, my spending is about 5,000 baht per day (or 150,000baht per month). That's going where I want, when I want, drinking until my eyeballs float, and taking a gal every night. After three weeks straight, the whites in my eyes are yellow, my hands are shaky, and I can't wait to get back to reality. But, that's because I FORCE myself (on some nights) to go out every night. I'm on holiday, and only get a chance to whoop it up twice a year. So, as a resident, even if if had this kind of lifestyle every OTHER day, we're looking at 75,000 per month.
As a resident, I'll be getting better deals on housing, golf (PEGS card), gym dues, shopping at TESCO/Lotus and buying food and water in bulk so there are savings that locals enjoy that tourists don't bother with. Also, hooking into a decent long-term gal should work out to less than a month racking up BF's and LT's
For me, 80K or less per month will work. But, everyone is different. Putting savings back into the nest egg should offset inflation. Exchange rates are a wild card, but life always has risks.
Nicke's warning is a wise one. Have an outlet besides bar stooling. If you don't have alternatives, your life or money or both WILL go down the drain.
The TanMan