Category: Economics Abroad
Retirement Economics I: Understanding International Currency Exchange Rates
When living in the USA, management of your household budget is usually nothing more than the administration of your personal income and expenses. These “internal” budgeting factors are under your personal control and reflect decisions that you make regarding your lifestyle choices. Should you decide [...]
Retirement Economics II: Understanding Purchasing Power
When you make the decision to retire abroad, you will discover that management of your household budget is now being influenced by many “external budgeting factors.” One of the important external budgeting factors for international living is the purchasing power of the dollar when converted [...]
Retirement Economics III: Understanding Cost of Living
International living in retirement can be a great adventure, but it requires sound financial management. While it is very true that one can enjoy a lower cost of living in many countries, there are a few economic realities that one should be aware of to [...]
