I know , I know!!! Check the archives! I've done that. However... these figures are as volatile as jet fuel, aren't they? So I decided to try the patience of this board by asking for brief comments if I am way off in my budgetary reasoning.
All figures are in Dominican pesos and intended for two people. Currency and estimated cost as of 16 March, 2005.
Pre-Conditions:
I bring nothing except cash to move to Santo Domingo and live with my lady. She already has a job, or rather several.
The cash I could bring equals RD 4,000,000 (= cashing in my pension plan, funds and stocks into real cash).
Initial cost of re-location:
Apartment in good location (Mirador sud?) = RD 2,000,000 (or more?)
Furniture, household utensils, kitchen equipment etc = RD 1,000,000
Car (for me; the lady already has one) = RD 500,000
=> Total initial cost = RD 3,500,000
Cost of living (2 people):
RD 50,000 per month (food, hygien, clothes, electricity, internet, insurances, gasolene for car, entertainment, etc)
Two trips to Europe etc per year = RD 300,000 (for me, this is part of "living")
=> Total cost of "living" = RD 900,000 per year or RD 75,000 per month.
So after the initial investment, I will only have RD 500,000 left. Not enough for any kind of investment, only just about to keep for the unexpected. And if total salary for two is RD 75,000, we can look forward to poverty in our old age. Geez! It is sunny and warm in DR but what difference does it make, when the bailiff and the grim reaper are standing outside our front door...
So, anyway... am I right on or way off?
All figures are in Dominican pesos and intended for two people. Currency and estimated cost as of 16 March, 2005.
Pre-Conditions:
I bring nothing except cash to move to Santo Domingo and live with my lady. She already has a job, or rather several.
The cash I could bring equals RD 4,000,000 (= cashing in my pension plan, funds and stocks into real cash).
Initial cost of re-location:
Apartment in good location (Mirador sud?) = RD 2,000,000 (or more?)
Furniture, household utensils, kitchen equipment etc = RD 1,000,000
Car (for me; the lady already has one) = RD 500,000
=> Total initial cost = RD 3,500,000
Cost of living (2 people):
RD 50,000 per month (food, hygien, clothes, electricity, internet, insurances, gasolene for car, entertainment, etc)
Two trips to Europe etc per year = RD 300,000 (for me, this is part of "living")
=> Total cost of "living" = RD 900,000 per year or RD 75,000 per month.
So after the initial investment, I will only have RD 500,000 left. Not enough for any kind of investment, only just about to keep for the unexpected. And if total salary for two is RD 75,000, we can look forward to poverty in our old age. Geez! It is sunny and warm in DR but what difference does it make, when the bailiff and the grim reaper are standing outside our front door...
So, anyway... am I right on or way off?
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