12 Comments
Mar 15, 2021Liked by Nancy Whiteman

I agree with the rant about the GOP. They never give up currying the favor of the disgustingly rich. This is always a surprise to me. Most of our legislators are not in that rarified atmosphere. So I don't get it. As to your begin thrifty - or cheap - as you say, I find that humorous since I have never known you to skimp on your creature comforts, your household furnishings, your golf expenses or your table. Oh, and what about your usual travel expenses - have you ever turned down an opportunity to travel? In addition, you are super generous to your friends and houseguests. You may look for competitive pricing, but you are definitely not cheap. So give up the act. You no longer live in Northeast Philly.

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author

Oxford Circle was an upgrade from K&A where I was born.

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Mar 15, 2021Liked by Nancy Whiteman

my head hurts

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Mar 15, 2021Liked by Nancy Whiteman

Your story provides a good warning that people need to understand the financial implications of having assets in one currency while living under another currency. The historic range of the exchange rate needs to be factored in to the question 'can I afford this?' But using a reputable currency exchange company reduces the fees and improves your exchange rate: your readers might want to know more about this because it's a fairly simple yet vital process. On a final note, SEF does not require proof of assets to be 'x14'. They have clearly and consistently ruled on the amount being the minimum wage 'x12'. About the 'x14' earnings structure for Portuguese...well, it's how people are paid! I think you like to keep things light here yet I couldn't help but comment to provide essential facts.

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I appreciate all comments!

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Mar 15, 2021Liked by Nancy Whiteman

Like you, I've been called "cheap", so this does catch my attention. Good food for thought on the exchange rate and how it will affect my move to Lisbon. Thank you.

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Mar 15, 2021Liked by Nancy Whiteman

The $ v. Euro exchange rate was very high when we bought our house in January, yuk ☹️

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And yes to Heather Cox Richardson’s daily Letters from an American! I learn so much from her.

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Well done, Nancy, and very interesting! And, yes, I have surely learned to watch that exchange rate while traveling in Europe. Side note to this: I found that when charging purchases, hotel costs etc in Europe and they ask if I want to be charged in Euros or dollars it has always worked out better when I’ve chosen to be charged in dollars. I am not sure why this is but when I’ve checked the charge it has been less costly when the charge has gone through in dollars. Have you found this to be true, Nancy?

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Actually no...I change in euros. Now it may be our credit card. We selected a CapitalOne card that uses a more favorable exchange rate.

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My card is Chase.

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This should be an interesting yr to see where the dollar goes. Still 1 us to 2 Belize. They are thinking 1 to 4 is coming there. When the Canadians dollar was better than ours, they were gloating now thy are crying again and less are coming down of that generation. The children are selling and cashing in. There is a new mind set of money and its value very clear in the last 3 generations. since you are in the middle generation , if it is obvious there like it is here? In how they spend, save, or prioritize to do with extra money. Or is it generations of people no mater where they are in the world think the same on money?

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