Spending a few days in Bangkok is a good idea, also spend the last night there prior to your flight home. A few days in the beginning of your trip will give you a chance to get used to the heat and time changes and see the city. My preference is the Sukhumvit Road area where you can find many low priced hotel rooms. Best reason for the Sukhumvit area is so you can also use the Skytrain. The Skytrain can connect you with bus stations and the subway. Lots of restaurants, bars, travel agencies, small shops, street vendors in the Sukhumvit area. (Lower number end, near the Nana Skytrain stop is best.)
http://www.travelfish.org/map_detail/thailand/bangkok_and_surrounds/bangkok/sukhumvit_soi_1_to_asok/8
http://www.thaiwebsites.com/hotels-sukhumvit-bangkok.asp
http://www.suk11.com/
http://www.guidetothailand.com/pattaya-thailand/map-pattaya-city.phpIf you are really, really young then you might want to go to Khao San Road for your hotel. No Skytrain there.
http://www.khaosanroad.com/
If you need a recommendation for a hotel mention how much you want to pay per night, don't say cheap or budget - state a baht figure to narrow down the recommendations. (Cheap or budget doesn't mean the same for everyone!)
Itinerary suggestion.
Why Phuket? Thailand is warm all over, you can even get a tan in Bangkok or Chiang Mai. It's a long ride down to Phuket and back to Bangkok!
If you want a beach town with lots of nightlife (like Patong, but cheaper) you can also check out Pattaya. Pattaya is only around 2 hours by bus from Bangkok (Ekamai bus station, on Sukhumvit, off a Skytrain stop.) The bus fare for the ride on the VIP bus is around 120 baht. Pattaya has lots of hotels that are cheaper than Bangkok and Phuket! There is a long beach front that is good for walking, gawking, shopping, restaurants, bars and malls but only good for sunbathing! Most Farangs (foreigners) usually swim at nearby Jomtien Beach. Many cheap hotels have pools anyway! Transportation in Pattaya is only 10 baht for Farangs on the baht bus. Get a hotel near the Pattaya 2nd Road area. http://www.guidetothailand.com/pattaya-thailand/map-pattaya-city.php
From Bangkok you could take the overnight sleeper train to Chiang Mai (saving paying for another hotel in Bangkok) and take some tours around that area, Long Neck Villages, Golden Triangle area, etc. A couple options open up here. You can take a boat down to the Nong Khai area if you want. Sample info: http://www.eastravel.co.uk/theorient/chiangmai.htm Or http://www.bkktravel.com/nongkhai-how-to-get-there.html
From Chiang Mai you can decide where to go from there. http://www.asiarooms.com/travel-guide/thailand/popular-thailand-destinations/nong-khai-thailand.html
http://www.northernthailand.com/cm/daytrips/daytrips.html
http://www.worldtravelguide.net/country/143/top_things_to_see/South-East-Asia/Laos.html
Fortunately bus and train travel is cheap in Thailand.
In Phnom Penh I took a ferry boat up to Siem Reap, interesting boat ride.
Good luck.
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