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Reply to "Family members in Guatemala ask me for money "
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[quote=Anonymous][quote=Anonymous]When I lived in Ecuador, US $2k was more than the annual income for most lower middle class people. I earned $500/mo and was deemed very wealthy. So your relatives probably think you are more than comfortable. I don’t know Guatemala well, but you may be able to find out if there is a specific need they have that might be something you can do once and make clear it is just this once at great sacrifice to you. After I returned to the States, an Ecuadorian friend asked me to help her get her business off the ground. She couldn’t understand why I was rich there, but poor here. In the end, I sent her $25 and asked that she pay it forward. [/quote] concepts that are mind boggling in emerging markets: Cost of Living Health or car insurance Preventative care School for 13 years Not using the ER room for whatever you want Paying income taxes . . . [/quote]
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