Attitudes about money in Thailand and America are not all that different. I think we'd all agree that it's good to have it and we'd like to have more of it. I must say though that living in Thailand taught me (or at least reinforced) a few lessons on money. Here are a few of my reflections on money from my experiences in Thailand.
1. It’s only worth what someone will pay for it.
Forget price tags in
2. Don’t be afraid to ask people how much they paid for something.
One of the most popular questions asked in
3. Cash is king.
Thais haven’t really caught on to the whole credit card thing yet. We even got paid all in cash. Imagine getting paid 38,000 baht in 1,000 baht bills. That’s a whole wad of cash! It was funny too because they’d put your salary in an envelope, but before you left the office you had to give them the envelope back. You’d be stuck having to put the money in your pocket, leaving you with a huge, bulging mass shooting out of your hip. Hmmm, good times. :’)
In the States you can pretty much get away with not carrying any cash, but you can’t do that in
4. A smile can go a long way.
Frugality is a way of life in
What about you? Have you traveled or lived in a place with much different attitudes about money? What things can we learn about money from other cultures?