Home Alone - not without more money

Ecoman1949

Born to Ride.
Oct 17, 2015
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Traits from your first paragraph best learned and practiced early on.

They are the nucleus of a book that any of the younger generation would benefit by reading and practicing. That book “The Millionaire Next Door” has the time honored principles of which you wrote……and a whole lot more.

I use it and several others to teach some of the younger generations concepts in investing, I.e., time and compound interest in building generational wealth.

Practicing those traits early on allow many to reach financial independence and retire early to the DR and elsewhere around the globe.

Respectfully,
Playacaribe2
I’m an investor by chance. Got a nice chunk of change from my ex when we divorced. Never asked for it and I wasn’t expecting it. Took it to an investment bank and told them to have fun with it.

The money is a medical mattress for me should I need major medical work and don’t want to be waitlisted in Canada. I had my heart assessment done at Humana in Santiago after I was diagnosed with A-fib. Didn’t want to wait for an assessment here. I flew back to the DR and made another vacation out of it.

If I win the lotto tomorrow, I’d blow $80,000 on a new Range Rover Defender. Poor gas mileage and you can hear the ozone being sucked out of the atmosphere when you start it up. It goes against my environmental ethics but it would be my last hurrah with the V-8 engines. There are faster more powerful EV’s but you can’t beat the dull throb and low rumble of a V-8!
 

Tug7777

Newbie
Mar 17, 2018
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I think the main draw for DR was always inexpensive hotels, or villas, and modest food and drink.
Now those costs have ballooned to make it on par with other locations it has lost some of its cheap getaway status.
Of course warm weather and beaches are always a big draw, but if the cost of a vacation is not attractive why not go elsewhere ?

Colombia, which is much more reasonable may fall into the same trap.
And why is a flight to Colombia from Miami just 1/4 of the price of a flight to POP - it makes no sense
Correct Sir on every thing going up, im a frequent vistor, have a haitian lady friend for a few years, price of food almost the same as the USA rents and hotel prices have increased, but places to stay in the elbatey section of Sosua ,hard to find cheap and afordable !this time of year .
 

malko

Campesino !! :)
Jan 12, 2013
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I don't track our budget per se, only the big stuff on an annual basis ( savings, investments, cars, housing, etc ... )--- thank God😐.


We decided not to go to Santiago for shopping ( we usually go once every 2 months, more or less ), because rain, because crazy drivers, because Xmas time, etc.......

So did some locally to " top up ".

10 agua gerico 5gl, delivered to the house 500 pesos.

700 pesos propina for the garbage men.

Colmado shopping. 6500 pesos.
2 big ass chickens, 6lb mozzarella, 2 toothpastes, a pack of toothbrushes, 4 lb of sugar, 2lb of coffee, 2 crema de leche, 3 packs of soda ( coca cola, 7up and Canada dry fizzy water ), assorted nuts for Xmas, 2 packs of Xmas sweets, 7lb of potatoes, 3lb of carrots, 2 beetroots, Haris, recaillto, peanut butter, a small olive oil, 2 mayo jars, a melon, some bread, and other bits and pieces that I forgot about.

Cable and internet 1100 pesos.

So is stuff more expensive than 10 years ago ? Sure..... But still 200€ + another 200€ for more shopping + electricity and water. If one HAD to, one could live off 500€/month.
 
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cavok

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So is stuff more expensive than 10 years ago ? Sure..... But still 200€ + another 200€ for more shopping + electricity and water. If one HAD to, one could live off 500€/month.
$500/mo to eat maybe, but to live? No way José. Things are way more expensive than just two years ago. I go to Janet's almost every day and pretty much buy what you are with the exception of one jumbo of Presidente. On average, I'm spending 1000 pesos there every day, so $500/mo just for food and typical non-food items that you need around the house.
 
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JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
Jan 7, 2016
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I don't track our budget per se, only the big stuff on an annual basis ( savings, investments, cars, housing, etc ... )--- thank God😐.


We decided not to go to Santiago for shopping ( we usually go once every 2 months, more or less ), because rain, because crazy drivers, because Xmas time, etc.......

So did some locally to " top up ".
Colmado shopping. 6500 pesos.

Aren't colmado prices much more expensive than a supermarket?

I went to BRAVO today to buy my weekend food and was astounded at how full it was. Lines at the cash register went longer than the aisles of food.

I'm usually a 9-10 am on mondays or tuesdays kind of guy. Today was just to see how bad it could get.
 
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NanSanPedro

Nickel with tin plating
Apr 12, 2019
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Boca Chica
yeshaiticanprogram.com
Aren't colmado prices much more expensive than a supermarket?

I went to BRAVO today to buy my weekend food and was astounded at how full it was. Lines at the cash register went longer than the aisles of food.

I'm usually a 9-10 am on mondays or tuesdays kind of guy. Today was just to see how bad it could get.
I'm so glad I went Wednesday. I will go to the local Ole tomorrow at 7AM but that's it.
 

SKY

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Apr 11, 2004
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Aren't colmado prices much more expensive than a supermarket?

I went to BRAVO today to buy my weekend food and was astounded at how full it was. Lines at the cash register went longer than the aisles of food.

I'm usually a 9-10 am on mondays or tuesdays kind of guy. Today was just to see how bad it could get.
Bravo opens at 6 AM now. Go between then and 7 AM and you will have a lot more room..........
 

malko

Campesino !! :)
Jan 12, 2013
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Aren't colmado prices much more expensive than a supermarket?

I went to BRAVO today to buy my weekend food and was astounded at how full it was. Lines at the cash register went longer than the aisles of food.

I'm usually a 9-10 am on mondays or tuesdays kind of guy. Today was just to see how bad it could get.

Yes and no. Colmados are cheaper for most staple stuff. Rice, oil, sugar, milk, etc...... more expensive for everything else. Sometimes there are specials on coffee ( Santo Domingo, in my case ).
 
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JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
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Bravo opens at 6 AM now. Go between then and 7 AM and you will have a lot more room..........
The problem with going early is they don't restock at night, but in the mornings when the employees come to work. Same at JUMBO and SIRENA. Many of the shelves are empty until 9 or so.
The prepared food I usually buy comes out around 9 as well.
I'd go a little earlier and hang out but BRAVO doesn't have a cafeteria yet, and there are "zero" places to sit and people watch.
The cafeteria at Sirena is in the corner so all you see is hundreds of people sitting at all of the tables or standing and waiting for the banks to open.
 

malko

Campesino !! :)
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$500/mo to eat maybe, but to live? No way José. Things are way more expensive than just two years ago. I go to Janet's almost every day and pretty much buy what you are with the exception of one jumbo of Presidente. On average, I'm spending 1000 pesos there every day, so $500/mo just for food and typical non-food items that you need around the house.


I'll have to disagree. I went to LaSirena on October 30th and spent 33k pesos ( and 5k of that was a Xmas tree, and another 3 k of toys and decorations ). Then I needed filet of beef, that they didn't have, so spent another 6k at Jumbo POP, for various cuts of meat.

Then I do chicken at the local pollera, maybe 500 pesos a week, if that. Which is 2 whole big chickens. Perhaps 600/700 pesos more for fresh veg from a pickup that comes round to the house.
Add 3 carton of eggs, locally, maybe 500 pesos, probably less.

Throw in another 1000 pesos for toilet paper, cloro and bits and pieces from colmados.

That's for 2 adults and a 10 year old.

And that's w/o " being careful".

I would say 40% of LaSirena is non-food stuff.

So for 2 months of food + regular household supply, 33-8+6+4+1.5+1+ 0.5= say 38k.
38k for 2 months is a bargain in my books, especially for 3 people.

P.S. obviously I have other expenses, like swimming pool stuff, paint, etc...... but those go into the annual expenses vs the monthly ones.

P.P.S. A bunch of fresh stuff grows in my conuco, yucca, 🥥, 🍌🌶️🍒🥭🍍🥑🫘🍋 🍊, chinolas, etc..... not that it adds up to much pesos wise.

P.P.P.S. Then there is grabbing something to eat while out and about, which I won't count here as it is a want and not a need.

P.P.P.P.S This off the top of my head, so a margin error.
 
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cavok

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I'll have to disagree. I went to LaSirena on October 30th and spent 33k pesos ( and 5k of that was a Xmas tree, and another 3 k of toys and decorations ). Then I needed filet of beef, that they didn't have, so spent another 6k at Jumbo POP, for various cuts of meat.
Don't ever move to the north coast then because there's no way you can do that here.
 

Ecoman1949

Born to Ride.
Oct 17, 2015
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Anyone know what happened to the couple that owned Tropical in Puerto Plata years ago? She (Cheryl) if I remember her name correctly ) is a Canadian from New Brunswick. She was married to a Dominican. Nice lady. Always stopped to chat with me anytime I was shopping there. She brought in special items like Butterball turkeys during the holidays and their prices were reasonable. She and her husband had a villa and they had a condo for her mother. There was a rumour floating around they lost the business and she and her mother returned to Canada.
 

cavok

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Jun 16, 2014
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I'll have to disagree. I went to LaSirena on October 30th and spent 33k pesos ( and 5k of that was a Xmas tree, and another 3 k of toys and decorations ). Then I needed filet of beef, that they didn't have, so spent another 6k at Jumbo POP, for various cuts of meat.

I would say 40% of LaSirena is non-food stuff.

So for 2 months of food + regular household supply, 33-8+6+4+1.5+1+ 0.5= say 38k.
38k for 2 months is a bargain in my books, especially for 3 people.
If 40% is non-food (15,200), that leaves 22,800 for food for 2 months, so 11,400 for one month. That's 368 pesos per day for 3 people, or 123 pesos per day per person. That less than one bandera for a Dominican.

I had a 1/3 lb. hamburger(199/lb) with a salad for dinner. Large salad with tomatoes, onions, bell peppers, and ranch dressing. Add a slice of cheese and a bun - 80 pesos and the salad costs me about 65 pesos, and that's more than your total allowance for food, drink, and snacks for an entire day(?). How much do you weigh?
 

malko

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Jan 12, 2013
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If 40% is non-food (15,200), that leaves 22,800 for food for 2 months, so 11,400 for one month. That's 368 pesos per day for 3 people, or 123 pesos per day per person. That less than one bandera for a Dominican.

I had a 1/3 lb. hamburger(199/lb) with a salad for dinner. Large salad with tomatoes, onions, bell peppers, and ranch dressing. Add a slice of cheese and a bun - 80 pesos and the salad costs me about 65 pesos, and that's more than your total allowance for food, drink, and snacks for an entire day(?). How much do you weigh?

Honestly I weigh too much lol .... Around 84kg for 180cm. 🫣

That said, we eat once a day ( in the evening), most of the time + a snack at lunch time, usually 2 fried eggs.
The kid eats at school, so only 1 meal a day at home.

I cook meat maybe day on day off. No particular reason, that's just how it pans out.

Tonight was 🍕. Price ? Hardly anything. 2lb of flour, a bit of levadura, a sprinkle of salt, a dash of olive oil and some water. Maybe 150 pesos ? And that will net you dough for 8 pizzas. And then I freeze.
I use 1/14th of a chunk of mozzarella per pizza so 1400pesos/14 = 100 pesos. Again, I freeze.
Tomato sauce, home made. Price, dirt cheap. A bunch of tomatoes, garlic, onions, herbs, salt and pepper, etc..... say 300 pesos, and freeze. Literally weeks of sauce. So maybe 20 pesos per pizza ?
🍆 And 🫒 as toppings..... 10 pesos ?
Maybe 150 pesos for the whole 🍕.

With 🍕 we had coleslaw. 1 large carrot ( 20 pesos ? ) and a piece of repollo ( a large repollo is dead cheap, and will last 2 or 3 weeks ), so maybe another 20 pesos. Grate.
Mayo + mustard + baslamic vinegar, 20 pesos, maybe.
60 pesos for the salad.

A meal for 2 ( the kid was sent off to his mother for the Xmas holidays) for 210 pesos. And some coleslaw left over, perfect for a lunch.

Now, I am not saying all my meals cost me 210 pesos, but even if 3 a week do, eat out 1 day ( remember, a want not a need, so not in same budget ), then the other 3 meals--- that are meat based--- could cost in excess of 500 pesos. I can roast a chicken for just a tad over, with roast potatoes, veg and gravy 😁.

We also try not to waste. And leftovers are stored in Tupperware, used the next day or the day after, usually to make a pasta dish ( another of our favorites is grilled pasta with cheese, again, very cheap meal ).


On another note we also get 1 lunch serving from a neighbour, maybe 5 days a week. A typical bandera : chicken/pork, rice, beans and some salad. That costs 2k pesos a month..... lol. ( Mostly " paid" in platanos and avocados, mind you 😀).
I am no great fan, so either my wife eats half and the dog gets the other half at lunch, or the kid gets it for dinner.
That's a 100 pesos meal..... And I can't imagine the neighbor cooking at a loss ( she does it for other people too ).

We cook from scratch ( when I say we, it's mainly I 😎 ) and that's much cheaper meals than their industrial counter part.
 
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