Skip to content
Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CNBC)   You're not going to believe this but you can live like a king in Bangkok for a quarter mil a year   (cnbc.com) divider line
    More: Interesting, Culture of Thailand, Thailand, Panama, Jesse Schoberg, Panama City, Bridge of the Americas, Liga Panamea de Ftbol, Panam Province  
•       •       •

1221 clicks; posted to Business » on 06 Aug 2022 at 1:38 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



35 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-08-06 10:50:29 AM  
Is there a statute of limitations on whatever is keeping the guy in Mexico city and Bangkok?
 
2022-08-06 10:56:42 AM  
Wow! Who knew owning your own company opened the doors to so many things?!
 
2022-08-06 11:11:24 AM  
One night in Bangkok makes a hard man humble.
 
2022-08-06 11:54:51 AM  
I get my kicks above the waistline, sunshine.
 
2022-08-06 1:44:13 PM  
                 Uh huh huh uh huh.                              Mm hmm mmm yeh.
              They said Bang kok.                              Bangkok! Bangkok!                  
Fark user imageView Full Size
 
2022-08-06 1:49:14 PM  

NewportBarGuy: Wow! Who knew owning your own company opened the doors to so many things?!


Missing the forest for the trees:

The man is a contractor who hasn't worked for anyone else, and that's why he never developed Lock-On Syndrome... Where you have an anchor around your neck because of debt-pay-debt cycles. It's another lovely piece of control protocol engendered by modern society.
 
2022-08-06 1:54:08 PM  
Why do they keep writing these stories?  So the cost of living is lower in second and third world countries. Who would have guessed?  And you can become part of the precious elite who have access to good medical care, servants, luxury housing, etc because you are now part of the elite class while if you were still in the US you would just be middle class at best. That does it.  Let's all move to Thailand.
 
2022-08-06 1:56:25 PM  
$2,669.37 is a lot of kathoey parties.
 
2022-08-06 1:56:41 PM  
Pretty sure you can live like a king in $250k in Alabama as well.
 
2022-08-06 2:04:33 PM  
I could live very very well on 8k a month here in the US
 
2022-08-06 2:05:21 PM  

eurotrader: Is there a statute of limitations on whatever is keeping the guy in Mexico city and Bangkok?


I like how this is the automatic assumption/insinuation.

A friend of mine was "kept" in Bangkok for a few years through the Department of State and Department of Defense.  He, his wife, and his three kids lived in a four bedroom luxury high rise apartment in downtown Bangkok.  They rode around in provided golf carts on the adjacent grounds.  His kids went to an international school that basically existed solely for English speaking expats.  They then moved to a single family home in an enclave, again that existed specifically for expats, to be closer to the school.  All paid for by Uncle Sam.

They had a nanny.  His wife didn't work.  They took trips around Asia and Europe for weeks at a time.  They had the option of eating out for every meal, really good food, for a few dollars.  Malls and shopping galore.  Car services.  Lots of free time.

And he's a decent guy.  Not a millionaire, but he certainly lived the life of one for a while.  He's back in the US now, and getting back to "normal" US life has been hard.  I can understand why.

So yeah, this dude in the article is obviously living a great life, but on the backs of people who are just barely able to scrape by.  Sounds like another country I'm familiar with...  So how angry can we be at him for doing so?
 
2022-08-06 2:05:32 PM  
He could've done the same thing back home in Elkhorn, Wisconsin.
 
2022-08-06 2:20:19 PM  
Fark user imageView Full Size

Farking Bangkok
 
2022-08-06 2:31:56 PM  
In 2015, Schoberg stopped in Thailand - and he immediately knew he found his new home on Nana Plaza.
 
2022-08-06 2:31:58 PM  
My brother retired to Phuket a couple of years ago at 54. He's balling pretty hard on his investment income, not as hard as the guy in tfa but enough to keep him happy. They just legalized weed so he has a new hobby now.

Honestly it's tempting but you have to get used to how things are done in that culture. If you can tolerate that it's great.
 
2022-08-06 2:59:51 PM  

Jedekai: NewportBarGuy: Wow! Who knew owning your own company opened the doors to so many things?!

Missing the forest for the trees:

The man is a contractor who hasn't worked for anyone else, and that's why he never developed Lock-On Syndrome... Where you have an anchor around your neck because of debt-pay-debt cycles. It's another lovely piece of control protocol engendered by modern society.


Yes, applicable to such a broad sector of the population.

I'm not knocking the guy. Good for him. I love that people can do their own thing and enjoy life.

What I'm mocking, and subby was mocking, is these articles where the premise is: "Hey! You can too!!"
 
2022-08-06 3:03:10 PM  

SafetyThird: My brother retired to Phuket a couple of years ago at 54. He's balling pretty hard on his investment income, not as hard as the guy in tfa but enough to keep him happy. They just legalized weed so he has a new hobby now.

Honestly it's tempting but you have to get used to how things are done in that culture. If you can tolerate that it's great.


Can you elaborate?  I've read that the culture frowns upon open conflict, like arguing, scowling, raised voices, etc.  Hence, "The Land of 1000 Smiles".  I've also read that if you're a farang, you don't want to travel anywhere outside of large(r) cities, and definitely not inland to the villages, unless you're going with somebody who is from that area.
 
2022-08-06 3:43:21 PM  

runwiz: Why do they keep writing these stories?  So the cost of living is lower in second and third world countries. Who would have guessed?  And you can become part of the precious elite who have access to good medical care, servants, luxury housing, etc because you are now part of the elite class while if you were still in the US you would just be middle class at best. That does it.  Let's all move to Thailand.


Can we please stop using the phrase "Third World Country" as a pejorative?  The history of the phrase is ambiguous at best (i.e. being a country NOT aligned with NATO or USSR) and really has no bearing on most emerging economies/governments.

/not triggered
//Americans love to poop on any developing nation
///Have you been in West Virginia?
 
2022-08-06 3:45:57 PM  
Alex, I'll take "things that didn't actually happen" for $500.
 
2022-08-06 3:47:13 PM  
You can buy Haiti for that price. Or an ex-President. Or a Papa John's franchise.

But before you buy a Papa John's franchise, take a second look at Haiti.
 
2022-08-06 4:03:12 PM  
Bonus: Ladyboys can't get knocked up
 
2022-08-06 4:38:09 PM  
21 posts in and nobody called out subby's deficient math.

12 months x $8k/month = $96,000/year
 
2022-08-06 4:40:27 PM  

valkore: SafetyThird: My brother retired to Phuket a couple of years ago at 54. He's balling pretty hard on his investment income, not as hard as the guy in tfa but enough to keep him happy. They just legalized weed so he has a new hobby now.

Honestly it's tempting but you have to get used to how things are done in that culture. If you can tolerate that it's great.

Can you elaborate?  I've read that the culture frowns upon open conflict, like arguing, scowling, raised voices, etc.  Hence, "The Land of 1000 Smiles".  I've also read that if you're a farang, you don't want to travel anywhere outside of large(r) cities, and definitely not inland to the villages, unless you're going with somebody who is from that area.


They do things in their own imperfect way and you just have to be ok with it. Everything is on Thai time which can drive westerners nuts. They are the masters of passive aggressive conflict resolution. If you pretend it was your fault an order is incorrect they'll be happy to help but if you insinuate it was their mistake, good luck.

They're great people of you understand how to deal with them. Most westerners don't and it's funny to watch.

My brother has been to the village his wife is from and they welcomed him with open arms. I wouldn't suggest lone westerners doing that.
 
2022-08-06 4:40:46 PM  
Lots of jelly in this thread.

I say good for him. I did the expat thing for a while and loved it. Definitely wish I had gone somewhere cheaper than London to really maximise the lifestyle but you can't always choose these things.

The biggest issue i see is the long term sustainability. Unless you tell your family to Fark off completely, you're going to be making a lot of trips back home, and you are certainly going to regret not spending time with your parents more when you could. This goes double if you have kids. The other is retirement; unless you're going to be able to make that money even after you quit working, you're going to be in some trouble down the line. No social security and elderly healthcare in a lot of countries isn't as good as in the USA (even if what you do get is fat cheaper.)
 
2022-08-06 5:04:40 PM  

valkore: eurotrader: Is there a statute of limitations on whatever is keeping the guy in Mexico city and Bangkok?

I like how this is the automatic assumption/insinuation.

A friend of mine was "kept" in Bangkok for a few years through the Department of State and Department of Defense.  He, his wife, and his three kids lived in a four bedroom luxury high rise apartment in downtown Bangkok.  They rode around in provided golf carts on the adjacent grounds.  His kids went to an international school that basically existed solely for English speaking expats.  They then moved to a single family home in an enclave, again that existed specifically for expats, to be closer to the school.  All paid for by Uncle Sam.

They had a nanny.  His wife didn't work.  They took trips around Asia and Europe for weeks at a time.  They had the option of eating out for every meal, really good food, for a few dollars.  Malls and shopping galore.  Car services.  Lots of free time.

And he's a decent guy.  Not a millionaire, but he certainly lived the life of one for a while.  He's back in the US now, and getting back to "normal" US life has been hard.  I can understand why.

So yeah, this dude in the article is obviously living a great life, but on the backs of people who are just barely able to scrape by.  Sounds like another country I'm familiar with...  So how angry can we be at him for doing so?


Mexico city and Bangkok as home bases does raise a red flag somewhat. I didn't say Gary Glitter recommended it. I loved my vacation going to a full moon party while in Bangkok. Granted he is too poor for Singapore and Hong Kong hasn't been a good option after 97. Living in any  Asian country is going to be a culture shock for an American. Panama and Belize  offer similar standards of living for the same money and have easier access to English speaking medical care and banks can accept Social security payments without an issue. I can get by in English, German, French and Dutch with restaurant quality Spanish and just too old to learn Thai or any of the asiatic languages. Plus I believe white guys that learn them later in life develop a waddle on their neck from having to make sounds they didn't learn as a child.
 
2022-08-06 5:22:22 PM  

pounddawg: I could live very very well on 8k a month here in the US


fark yes you could. and that includes a monthly three way with blow.
 
2022-08-06 5:52:47 PM  

adamatari: Pretty sure you can live like a king in $250k in Alabama as well.


Sure but you can't welcome friends there by saying "Hey welcome to <slap to the crotch>"
 
2022-08-06 6:20:24 PM  
I was talking with an online travel booking company about work in its Bangkok office, but the pandemic killed any prospect of that happening. Doh!
 
2022-08-06 6:22:15 PM  

NewportBarGuy: Jedekai: NewportBarGuy: Wow! Who knew owning your own company opened the doors to so many things?!

Missing the forest for the trees:

The man is a contractor who hasn't worked for anyone else, and that's why he never developed Lock-On Syndrome... Where you have an anchor around your neck because of debt-pay-debt cycles. It's another lovely piece of control protocol engendered by modern society.

Yes, applicable to such a broad sector of the population.

I'm not knocking the guy. Good for him. I love that people can do their own thing and enjoy life.

What I'm mocking, and subby was mocking, is these articles where the premise is: "Hey! You can too!!"


I believe you can.

It common for Danish pensioners to do it, providing they don't have anything tying to Denmark.

I considered it myself, though I'd have to spend 50% of the time in Denmark to not lose my benefits. Also, probably Vietnam or something less tourist trappy.
 
2022-08-06 6:24:02 PM  

Shaggy_C: Lots of jelly in this thread.

I say good for him. I did the expat thing for a while and loved it. Definitely wish I had gone somewhere cheaper than London to really maximise the lifestyle but you can't always choose these things.

The biggest issue i see is the long term sustainability. Unless you tell your family to Fark off completely, you're going to be making a lot of trips back home, and you are certainly going to regret not spending time with your parents more when you could. This goes double if you have kids. The other is retirement; unless you're going to be able to make that money even after you quit working, you're going to be in some trouble down the line. No social security and elderly healthcare in a lot of countries isn't as good as in the USA (even if what you do get is fat cheaper.)


Being a penniless westerner in Thailand is no bueno.
 
2022-08-06 6:25:18 PM  

sinko swimo: pounddawg: I could live very very well on 8k a month here in the US

fark yes you could. and that includes a monthly three way with blow.


More than a couple.
 
2022-08-06 7:25:08 PM  

Ketchuponsteak: NewportBarGuy: Jedekai: NewportBarGuy: Wow! Who knew owning your own company opened the doors to so many things?!

Missing the forest for the trees:

The man is a contractor who hasn't worked for anyone else, and that's why he never developed Lock-On Syndrome... Where you have an anchor around your neck because of debt-pay-debt cycles. It's another lovely piece of control protocol engendered by modern society.

Yes, applicable to such a broad sector of the population.

I'm not knocking the guy. Good for him. I love that people can do their own thing and enjoy life.

What I'm mocking, and subby was mocking, is these articles where the premise is: "Hey! You can too!!"

I believe you can.

It common for Danish pensioners to do it, providing they don't have anything tying to Denmark.

I considered it myself, though I'd have to spend 50% of the time in Denmark to not lose my benefits. Also, probably Vietnam or something less tourist trappy.


Oh, people can. Absolutely! If I weren't tied down by family and had a portable skill, I'd try it myself. My chance to do it at about 30-35 came and went.

Not jealous of people who have or are. I think it's cool as hell. Hope more people do it.
 
2022-08-06 9:54:32 PM  

Phil McKraken: 21 posts in and nobody called out subby's deficient math.

12 months x $8k/month = $96,000/year


That's his spending budget.  His total income is ~$230,000.
Since he is a US citizen, he owes 15% federal income tax above whatever the current limit is now ($120,000?).  Then he has to pay Thai taxes on top of that.
He doesn't pay US social security or Medicare, and won't be eligible for social security which is a big deal if Thailand doesn't give him an equivalent benefit.
He may be able to save a lot more of his money for retirement in Thailand though, and the health/dental is much cheaper there.  So it's risky for Americans to move there full time early in their careers as opposed to retirement with US social security, IRAs, 401ks and or a pension.
 
2022-08-06 11:53:32 PM  
As an entrepreneur and CEO, Schoberg earns about $230,000 per year.

I could live quite will on $230,000 a year without moving to Bangkok.

He and Janine spend about $1,900 each month on takeout and dining out


That just seems like an insane amount of money to spend on food each month for two people. I assume they also own that luxury of luxuries, the refrigerator, and spend some additional money on food aside from takeout.
 
2022-08-07 7:35:27 PM  
So, he went to Thailand for... a thing?
 
Displayed 35 of 35 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.