Have I arranged my (financial) affairs properly?
It is a question that every expat should ask himself, whether or not with a Thai partner. Death creates great uncertainty and confusion among family, friends and acquaintances, who are often saddled with unanswered questions.
It is with great surprise that I sometimes read the bitter reactions to this blog about Thai women when it comes to money. Are some Dutch people really so stingy that it always has to be about money? And what's wrong with sharing your (relative) wealth with your partner and her family?
Many Thai people over 60 are still working
More than 37 percent of the over-60s in Thailand work to provide for themselves. Of the 37 percent mentioned, 23 percent have an average monthly income of 23.752 baht. The others work as day laborers, according to a survey by the National Institute of Development Administration (Nida Poll).
Statement of the week: Stay away from other Thai ladies with a farang with your Thai partner!
Status is important in Thailand. Thais therefore like to brag about what they have or get from their farang husband or partner. The proposition is therefore that it is best to keep your Thai partner away from other Thai people because you will undoubtedly get questions why Lek, Bee or whatever her name is, gets much more (money) from her boyfriend than she from gets you.
Statement of the week: Dutch people who have run into financial problems in Thailand should sort it out themselves
You regularly read stories about foreigners who are going downhill in Thailand. Sometimes they are undressed by a Thai lady. But there are also other situations, such as Dutch people who end up in a Thai hospital but turn out to be uninsured and therefore unable to pay the hospital costs. Should you help these people or not?
Statement of the week: Thais cannot handle money
Gringo is not surprised by the results of a study in Thailand that shows that 90% of the population does not keep financial records and has no insight into their spending habits. In short, the Thai cannot handle money. What is your experience? Discuss the statement of the week.
Rating agency warns about Thailand's credit status
The Japanese rating agency Japan Credit Rating Agency is the first agency to downgrade Thailand's credit rating from 'stable' to 'negative'. JCR warns that the political unrest could cripple the economic recovery.
Statement of the week: Financial support from your partner's parents is a moral obligation
No matter how you look at it when you have a Thai partner, the financial support of your partner's parents and possibly grandparents will come up sooner or later. Some men think this is the most normal thing in the world; others whine about it. Why actually? Discuss the statement of the week.
Thailand top destination for expats
Looking for a fresh start abroad? The best place to reinvent yourself is Thailand. Yes, dear people, we have another investigation. And don't start whining, because research is fun. You just have to take them with a grain of salt.
A holiday to Thailand is not an option for many Dutch families, more than a quarter say that saving for a holiday is no longer possible due to the financial crisis.
No measures yet to curb baht
The government is not yet taking any measures to dampen the appreciation of the baht. Measures have been prepared, but they will only be taken if the increase continues. Yesterday, the baht/dollar exchange rate fell slightly.
Finance minister wants to replace central bank director
Finance Minister Kittiratt Na-Ranong has finally admitted that he would rather lose Bank of Thailand Governor Prasarn Trairatvorakul than get rich. The reason is simple: Prasarn is not doing what Kittiratt wants: to lower interest rates.
In the West it is quite common in a relationship for both the man and the woman to be involved in finances. Actually, that is never a point of discussion. How different it is when it comes to financial support for your Thai wife.
Thai minister: "White lie is part of my job"
The Finance Minister of Thailand does not always take it very seriously when drawing up his forecasts.
Selfishness and emotional blackmail in Isaan
I feel sorry for many Thai women. They are often portrayed as money wolves or a 'big spender'. Not always right in my eyes. Anyone who listens and is interested in the real story becomes sad.
Thais live beyond their means
Most Thais spend more money than they earn and even those who manage to get by with their money risk getting into financial trouble. This is evident from a poll by Abac among 2.764 people aged 18 and older in 12 provinces. The average income of the respondents is 11.300 baht per month; their personal expenses 9.197 baht. The main expense items are food (5.222 baht), transportation (3.790 baht) and entertainment, …
Bank of Thailand under fire over debt
The new government is not letting any grass grow over it. On his first day in office, Finance Minister Thirachai Phuvanatnaranubala said he was unhappy with a debt of 1,14 trillion baht still on the books of the Bank of Thailand. Last year it cost the state 65 billion baht in interest, this year 80 billion because interest rates are rising. The debt is a remnant of the financial crisis…