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Old 07-05-2019, 09:58 PM
 
Location: NE Mississippi
13,650 posts, read 8,565,244 times
Reputation: 19858

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Quote:
Originally Posted by Themanwithnoname View Post
I looked at being an expat.

Near as I could tell if I was willing to live like a native (grass hut, beans and rice, rice and beans etc) I could live on less elsewhere.I
But I could live like that here.

But to live like an American....

Well let's just say I budget $1,925/month have multiple vehicle's, steak 1\x/week, cell, internet , 2k sqft house on 80 acres etc... (AND I WASTE money) actually most months I spend less than I budget.

didn't see a savings.


...but I'm listning.
All true.
But if you didn't have 1925 a month maybe Belize would be more attractive. I mean, no one gave you the 80 acres and the cars and so forth. At some point you were doing pretty well for yourself, and you have some money management skills that serve you well.
But for someone else who didn't have hard assets like your property and your cars, their Social Security check may serve them better in Belize. Maybe.
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Old 07-05-2019, 10:36 PM
 
1,105 posts, read 591,538 times
Reputation: 3914
Quote:
Originally Posted by johnsmith5a View Post
Yes, but the wages are lower in the US than in Europe. So it evens out. The cost of housing is much higher in the US too. Despite having much less vacation time, we are only marginally richer than the French. America's economy has been on the decline for decades now and it shows in how Americans dress(poorly) and what cars they drive(beaters).

Plus most Europeans seem to live in nice homes built out of qualtity, very long lasting materials, that were put together using the highest levels of craftsmanship. People gave consideration to quality and thought about what they would pass on to their children.
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Old 07-06-2019, 08:23 AM
 
13,222 posts, read 17,767,035 times
Reputation: 19884
Quote:
Originally Posted by TwoByFour View Post
Yes you pay a lot of taxes in Europe but you are also not paying insurance premiums, deductibles, or co-pays for healthcare, and you don't go broke putting you or your kids through college, and you don't have to scrimp and save for retirement and still worry if you will have enough. All of those things are covered for you, through your taxes.

Really, you are getting your money's worth in socialist countries like Europe tends to have, but you also have a bit of a nanny state. But seeing as how the US is full of people who make bad choices and end up in a financial mess, it is no wonder that the nanny state has evolved.
You are incorrect about no co pays, premiums and deductibles.
Retiring on some EU government paid pensions is impossible.
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Old 07-06-2019, 10:46 AM
 
Location: equator
3,427 posts, read 1,527,565 times
Reputation: 8499
Quote:
Originally Posted by Themanwithnoname View Post
I looked at being an expat.

Near as I could tell if I was willing to live like a native (grass hut, beans and rice, rice and beans etc) I could live on less elsewhere.I
But I could live like that here.

But to live like an American....

Well let's just say I budget $1,925/month have multiple vehicle's, steak 1\x/week, cell, internet , 2k sqft house on 80 acres etc... (AND I WASTE money) actually most months I spend less than I budget.

didn't see a savings.


...but I'm listning.
How extensively did you look, if all you found was a grass hut?

We have a luxury condo with an infinity pool, 2 huge showers, internet, cell, steak if we want and we "waste money" on European travel at least once a year. $40 in property taxes a year, $80 for two health care a month (NO deductible NO co-pay).

Oh yeah, and we live beachfront. Looking at the waves right now.

All this for less than $1,000 a month.

There are no homeless here, either.
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Old 07-06-2019, 11:16 AM
 
731 posts, read 531,797 times
Reputation: 831
Central and South American have some great places to live for not so much money. You do have to be careful about unstable governments and crime.
If you are living off of American money there are places in Europe that are affordable and offer a good lifestyle. Some countries are not as stable as others. Right now Portugal is popular.
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Old 07-06-2019, 11:30 AM
 
12,267 posts, read 18,397,848 times
Reputation: 19088
Quote:
Originally Posted by johnsmith5a View Post
Yes, but the wages are lower in the US than in Europe. So it evens out. The cost of housing is much higher in the US too. Despite having much less vacation time, we are only marginally richer than the French. America's economy has been on the decline for decades now and it shows in how Americans dress(poorly) and what cars they drive(beaters).
Although I am sure that is your perception, I was going to post the exact opposite - wages are higher in the US (at least for professional jobs) and housing is much cheaper in the US except for certain urban areas (New York, California).
Economically, at least recently, the US is beating the Eurozone in just about every economic measure there is - unemployment, GDP growth, sales growth, etc...although I am sure someone will whip out some statistics to show where we are failing compared to Europe, statistics being what they are (easy to manipulate). Please don't ask me to comment on any select google found statistic.

Needless to say, I also see no correlation between the way American's dress of what cars they drive compared to other countries (or, in regards to Europe, compared to the scooters they drive).

We also have to consider that Europe is diverse - Germany is doing very well, Norway because of oil is a gold mine, but then there is Spain with 15% unemployment and Greece just beginning to get out of an economic crises.


But let's focus on the question - does US offer the best bang for you buck? Certainly there are places you can live very cheaply - places in Asia and Central America. There are places where you can benifit from the social programs - most of western Europe. There are places you can get a large salary for professional work - the urban centers in the United States. With each of those you can drawbacks - lack of service, large tax burden, high cost of living.
So my answer - US is the best bang for the buck for someone in a professional white collar occupation IF you live outside of the northeast and west coast regions. It's the best of all worlds - high salary, relatively low taxes and low cost of living, and sufficient social programs. It also doesn't hurt one to LIVE like a European or South American. That is - you don't need the McMansion, 3 SUVs, the 60 inch UHD TV, and all that waste associated with American consumerism. Earn like an American, live like a foreigner.
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Old 07-06-2019, 01:19 PM
 
7,899 posts, read 5,031,079 times
Reputation: 13544
Quote:
Originally Posted by Dd714 View Post
... wages are higher in the US (at least for professional jobs) and housing is much cheaper in the US except for certain urban areas (New York, California). ...
Excellent post!

The US is especially advantageous for professionals, assuming that said professionals obtained their education without exorbitant personal expense. A reasonable nominal figure for such a salary is $150K/year, or $75/hour. A reasonable nominal figure for menial wage - say, serving fast-food - is probably $10/hour or less. Thus, the ratio of salary between a professional returning home late in the evening, stopping at some establishment for take-out dinner, and that of a clerk serving food to said professional, is something like 7:1 or more.

Together with a vibrant stock-market and low prices for basic necessities, it is possible for the hero of our vignette - the professional - to accumulate a considerable sum, if living frugally and staying consistently employed. Barriers for such accumulation are much higher in Europe. The salary-gradation is compressed, and prices for basic necessities are higher - as they must be, to accommodate the relatively higher salaries for menial workers.
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Old 07-06-2019, 04:14 PM
 
Location: In a vehicle.
5,021 posts, read 3,211,192 times
Reputation: 8208
Quote:
Originally Posted by Vana360 View Post
Curious what others think. Having traveled extensively to Asia and Europe, in my opinion, United States allows you to obtain more without spending more. That is to say get a bigger house, cars, vacations, consumer goods without spending as much as others spend in other countries. I would say Canada is a close second.

And a lot of this has to do, in my opinion, with lower taxes and less restrictive socialist policies, such as free education, health care, etc. when compared to other countries. For example, paying almost 50% of your money to the government is insane, and there are many countries in Europe that do, such as France. Think about it... you basically work 40 hours and get paid for 20 hours.

I know the States are not perfect (by any measures), however, do provide more economical value.
The beauty of the USA is that you can make as much as you want. And you get to keep a larger part of it till you get into mega millions.... Plus, you also can say what you want and not have the govt jail you.,...Like France does...
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Old 07-06-2019, 05:07 PM
 
Location: The South
5,215 posts, read 3,630,568 times
Reputation: 7897
Quote:
Originally Posted by Vana360 View Post
Curious what others think. Having traveled extensively to Asia and Europe, in my opinion, United States allows you to obtain more without spending more. That is to say get a bigger house, cars, vacations, consumer goods without spending as much as others spend in other countries. I would say Canada is a close second.

And a lot of this has to do, in my opinion, with lower taxes and less restrictive socialist policies, such as free education, health care, etc. when compared to other countries. For example, paying almost 50% of your money to the government is insane, and there are many countries in Europe that do, such as France. Think about it... you basically work 40 hours and get paid for 20 hours.

I know the States are not perfect (by any measures), however, do provide more economical value.
Its certainly “ the best bang for my buck”.
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Old 07-06-2019, 06:15 PM
 
3,542 posts, read 1,355,757 times
Reputation: 6942
“ the best bang for my buck”.
ammo is cheaper in the US.
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