Too many are clueless about money

Too many are clueless about money

It's hard to believe how uneducated people are on here about money, when they say "You'll make three times what a Thai does," or "You have to live like a Thai!" Total rubbish. The salary one makes as a teacher, first of all, is three times more than the minimum wage in Thailand. Yes, this is true. But when you factor in all the circumstantial costs, opportunity costs and expat costs, a Westerner making 30,000 baht a month will, in the long run, have a lower standard of living of Thai who makes currently 10,000 baht a month.

People are bloody clueless. Consider the following factors:

Expats pay for work permit costs and criminal record check costs, etc.

Expats pay for visa run costs

Expats pay more for Passport Services

Thais get access to free healthcare

Thais get access to bank loans and credit and local brokerages for investments

Western teachers are often paying off loans from expensive universities that cost up to 20 times what a Thai university costs

Westerners pay more for national parks, taxis, and pretty much any other good or service

Westerners were born in colder environments. Science proves that your sweat glands and optimal temperature are developed and adapted when you are around 2-5 years old. Therefore, air conditioner costs are higher for Westerners

Western Food that Westerners grew up with (although not a necessity to live, it is something they are adapted to eat) is two to three times more expensive than Thai food.

Thais have their family networks to draw on at all times and can share resources

Thais do not have to spend money to fly home for funerals, weddings, reunions, etc.

Thais are generally smaller in stature, so they do not have to eat as much

Thais are not constantly having to bargain with touts and vendors who treat them as tourists

Thais have more right to the laws and are less likely to have to pay bribes, get ripped off in a legal dispute or not get paid

It is much cheaper for a Thai to retire in Thailand than it is for a Westerner who needs x amount of money in the bank for a retirement visa

The amount of money a Westerner needs to retire in his/her own country is four times what a Thai would need in Thailand

Thais are legally allowed to work a second job

Thais are legally allowed to own property and a business

A Westerner is expected to pay the lion's share for his/her Thai Spouse's lifestyle and family

A Thai does not have to pay fines to immigration for not checking in every three months

Westerners have to pay more for moving and shipping costs (presents, bank cards, documents, etc) than the average Thai

Thai entertainment, such as television, books and movies are also much cheaper and more available in Thailand

Thais can invest in their own furniture and not have to pay the "service" for serviced apartments, while only long term Westerners with a Thai spouse could and would be able to do this

Expats have to pay remittance costs and exchange rates to move their money to and from their home countries

Expats have to pay for Skype/Google Hangouts to be able to call family and friends back home

If they want to integrate, Expats have to pay (one way or another) for Thai language lessons

If they want to get married, go to a dentist, write a will, etc., a Westerner will have to pay a translation fee or premium for an English speaking service (unless they can read Thai very well and I have never seen this)

Although paltry, Thais are entitled to social services and programs that Westerners are not

Thais (in slightly higher tax brackets) can write off expenses and purchases - like the genius first time car ownership tax deductible that Yingluck introduced

Thais don't have to do their taxes twice, or have the possibility of paying an accountant, tax documentation twice, and they don't have to worry about the residency/non-residency bullshit.

Thais don't have to worry about the work or fees of keeping bank accounts in two countries.

Am I missing anything? Perhaps the above was somewhat rambling or petty, but I still believe that people need to "Wake The F.... up" and stop falling for this argument. I would never consider living in Thailand again for anything less than 90,000 a month.

Brian


Read more letters

Send your letter to Ajarn.com



Featured Jobs

NES Primary English Teacher

฿45,000+ / month

Bangkok


NES Kindergarten Teacher

฿48,000+ / month

Bangkok


NES Primary 4 Teachers

฿48,000+ / month

Pathum Thani


Full-time NES Teachers

฿47,500+ / month

Bangkok


Maths and Science Teachers

฿42,000+ / month

Thailand


English Conversation Teachers

฿35,000+ / month

Bangkok


Featured Teachers

  • Shard


    Indian, 40 years old. Currently living in India

  • Fritzie


    Filipino, 41 years old. Currently living in Philippines

  • Ebubechukwu


    Nigerian, 28 years old. Currently living in Nigeria

  • March


    Filipino, 29 years old. Currently living in Philippines

  • Marilou


    Filipino, 40 years old. Currently living in Philippines

  • Darius


    American, 62 years old. Currently living in Thailand

The Hot Spot


Will I find work in Thailand?

Will I find work in Thailand?

It's one of the most common questions we get e-mailed to us. So find out exactly where you stand.


Air your views

Air your views

Got something to say on the topic of teaching, working or living in Thailand? The Ajarn Postbox is the place. Send us your letters!


Need Thailand insurance?

Need Thailand insurance?

Have a question about health or travel insurance in Thailand? Ricky Batten from Pacific Prime is Ajarn's resident expert.


Contributions welcome

Contributions welcome

If you like visiting ajarn.com and reading the content, why not get involved yourself and keep us up to date?


The dreaded demo

The dreaded demo

Many schools ask for demo lessons before they hire. What should you the teacher be aware of?


The cost of living

The cost of living

How much money does a teacher need to earn in order to survive in Thailand? We analyze the facts.


Teacher mistakes

Teacher mistakes

What are the most common mistakes that teachers make when they are about to embark on a teaching career in Thailand? We've got them all covered.


The Region Guides

The Region Guides

Fancy working in Thailand but not in Bangkok? Our region guides are written by teachers who actually live and work in the provinces.