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  #1  
Old 02-06-2008, 11:09
howiej howiej is offline
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How to live in LOS

Hey every one I have been following a few threads on this forum and I can see many BM who live in thailand and I can't help but wonder what most people do to finance living in LOS, I am keen on the idea of living there for a while and am interested in any ideas you guys might have as to make this possible
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  #2  
Old 02-06-2008, 12:14
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Well the first thing I did was get a paper route 35 yrs ago.
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Old 02-06-2008, 15:51
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Funny guy huh Dupree, I kinda meant how are people financing their stay once they are already in LOS
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Old 02-06-2008, 16:16
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The vast majority have investments, maybe rent a house out back in the west, invested savings..

Of the workers a very large % are rotation workers, be that oil and gaz, commercial divers (and thier LST's), or security / military..

One or two have had internetet angles, sports betting, Adword things.. I think I have detected a lot of BS around these claims IMO tho.

Others start and run thier own businesses.. I dont know hardly any employees based here.
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Old 02-06-2008, 18:52
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I think that you "finance living in LOS" (as you put it), exactly the same way you finance living anywhere. You either have enough money so that you can live on investment income, or you find a way to work/use a skill and make that income in a local currency or in foreign one...
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Old 02-06-2008, 20:49
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Its near impossible to get a job that pays here unless you have v specialised skills. Plenty try the `open a bar route`, but very few can make it pay - and by that I mean covering costs and having a little to live on. Superhigh rents and plenty competition and high contrast between low and high season.
If you want to live here then either build up an investment income from abroad, or work in oil/gas month on month off or something similar.
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Old 02-06-2008, 21:21
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Or get a pension hehehehe. Even better- get two!!! Woo hoo payday on Friday.
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Old 04-06-2008, 11:53
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Quote:
Originally Posted by howiej View Post
Funny guy huh Dupree, I kinda meant how are people financing their stay once they are already in LOS

haha, i thought it was funny, your question is veg man. I got an idea. Save your money. Save your money.Save your money. Put $250000 in a 7% savings account and that will give you around 45000 baht a month.

Pay off a house or condo in farangland and rent it out.
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Old 05-06-2008, 18:56
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haha, i thought it was funny, your question is veg man. I got an idea. Save your money. Save your money.Save your money. Put $250000 in a 7% savings account and that will give you around 45000 baht a month.

Pay off a house or condo in farangland and rent it out.



Hey Mr Finance Wizard....weren't you asking the same sort of question 2/3 weeks ago, re "What to do with $150,000?"....now your handing out the advice

Priceless ! 55555555
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Old 05-06-2008, 19:05
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Originally Posted by So-cal View Post
haha, i thought it was funny, your question is veg man. I got an idea. Save your money. Save your money.Save your money. Put $250000 in a 7% savings account and that will give you around 45000 baht a month.

Pay off a house or condo in farangland and rent it out.

Treble that and you'll live fine...
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Old 05-06-2008, 19:14
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You could always wear a mini skirt and put on some lippy. Seems to work well for some. Certainly one way to make a crust and open ya mind, (as well as other things).
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Old 06-06-2008, 00:26
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Treble that and you'll live fine...

I assume you ment triple that.

It depends on how much you waste your money. If you need 4200 a month to retire then you probably will never retire.
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  #13  
Old 06-06-2008, 00:38
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I assume you ment triple that.

That's exactly what it is.....Mai Chob is correct

treble - definition of treble by the Free Online Dictionary, Thesaurus and Encyclopedia.
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Old 06-06-2008, 00:42
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Quote:
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I assume you ment triple that.


No, he meant Treble that, its perfect english, (ought to be he used to be an English Teacher!!)

Oh while we are in correcting mode, MEANT, has an 'a', or didn't you mented that??
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Old 06-06-2008, 00:45
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Old 06-06-2008, 08:56
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just adjusting the triple on my stereo here..... anyway, do you think you need $4200 per month to live normal in LOS?
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  #17  
Old 06-06-2008, 10:01
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As a general 'rule of thumb' it's said you need seven times your annual income as an investment when you retire......if you want to maintain the same standard of living as when you where working.
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Old 06-06-2008, 10:04
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just adjusting the triple on my stereo here..... anyway, do you think you need $4200 per month to live normal in LOS?

I couldn't get by on that.........
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Old 06-06-2008, 11:32
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I couldn't get by on that.........

Can you explain how you couldnt get by on that? I would have a hard time burning it.
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Old 06-06-2008, 15:35
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just adjusting the triple on my stereo here..... anyway, do you think you need $4200 per month to live normal in LOS?

Triple on my stereo??? is that a little humour Socal?? or is that as close as I've ever seen you to nearly admit you were wrong about something.

4,200 of whose dollars? American, Australian, Canadian. Expats you cannot be serious debating this subject with people who are guessing because they have had a two week holiday and then will argue they do not need cars, beds, Hospitalisation, Home, Car, Bike Insurances etc etc, that it doesn't enter their heads about visa runs and costs, emergency funding, legal fees on and on, because they are calculating based on two meals a day and a cheap hotel room??

We all know of people living here on 30k a month, up to 200k plus plus, are they kings?? personally I do not give a flying feck, I'm happy as the king in my world, I made this move, love the people (this includes thais and tourists & expats), the attitude, the weather and can always find something to smile about everyday!! means to me I'm ruling my happiness in my little kingdom of joviality!!
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Old 06-06-2008, 17:08
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Can you explain how you couldnt get by on that? I would have a hard time burning it.

The standard of living and commitments I have means I spend around 250K Baht per month. House, car, maintainence of both, school fees, bills, maids, gardener, driver, leisure activities, travel and as Doger mentioned, the one-offs: legal fees, medical bills.........4,200 US dollars just isn't enough.
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  #22  
Old 07-06-2008, 11:39
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You could always wear a mini skirt and put on some lippy. Seems to work well for some. Certainly one way to make a crust and open ya mind, (as well as other things).

I can't belive the vast imaginations on this forum, lippy and a skirt maybe but I don't think my boobs are big enough for a bikini 555555
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Old 07-06-2008, 11:52
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Quote:
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just adjusting the triple on my stereo here..... anyway, do you think you need $4200 per month to live normal in LOS?

Nearer $4201 IMHO! $4199 and yer fcuked!

I think people know in thier heart of hearts if they have enough money to make a go of living here. If you have enough to live how you want to live where you are now then you will have enough for here! S'easy!
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Old 02-07-2008, 14:21
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Doing something online where you are paid into an overseas bank is probably the easiest way to support yourself here. Find some good paying affiliate schemes where you are promoting wellknown branded goods can be lucrative.
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  #25  
Old 02-07-2008, 15:27
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Have you tried any of these internet businesses? Has any other bms had suany success with an internet business?
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