I have said many times, as an expat, if you do not have sufficient funding, you should not even consider living here.
Many Thai’s are finding out the hard way as well with rising costs across the board.
No one can predict one year to the next, so living without substantial funding is crazy.
The debt burden affects many Thai people and can last a lifetime. Central bank data reveals that 58% of individuals aged 25 to 29 are in debt, while a quarter of those aged over 60 have outstanding loans averaging more than 400,000 baht. Approximately 30% of credit card holders or those with personal loans have a combined debt of 10-25 times their income, doubling international standards.
A survey conducted in April by the University of the Thai Chamber of Commerce (UTCC) highlights that the debt levels of 1,300 respondents earning up to 15,000 baht monthly were at their highest since 2010. Additionally, a March study found that 90% of farm households in rural areas had outstanding loans due to a “vicious cycle of debt.”
Being underfunded in Thailand is just asking for trouble.
If you do not have enough money as an expat, there is really no way to earn or find any more here.