While I obviously met the passive income level, wouldn’t it be more prudent to put the excess in my Charles Schwab account rather than waste it on an excesses simply because I can afford to do so? One has to meet an income level for the LTR but that doesn’t mean one has to spend every nickel in Thailand after being approved for the LTR.
But even 2K per month would be 2K per month MORE than the economy would be getting if I was not issued the visa. Moreover, I have my own medical insurance so there is zero cost to Thailand but 24K more a year going into different Thai coffers.