Making money in a 3rd World nation is tricky.
You see, a WELL paid Panamanian makes about $800 a month. A regular worker type person makes about $400. Professionals make about $1200.
By US standards, this wage range is a drop in the bucket. But that is the economics of Panama.
So you can see that making money is challenging.
The things that sell best to gringos, who have the most money, are personal services...hair care, massage, chiropractic, help buying cars, etc.
All these services bring about half the amount as in the US. Which is good here! A massage is $30, chiropractic treatment $20-30, haircut $10-$15 (Note: a haircut by a Panamanian is $2.50-$5). All great prices in this economy.
Yella is having better luck making money than I am.
She is plugged into personal services better than I.
She is teaching voice lessons. And she is doing personal and spiritual counseling. Plus, she is putting on an event with a girlfriend who is experienced in putting on events.
All this may amount to several hundred dollar a month. Nothing to be laughed at here.
Through Yella, we are doing some couples counseling. I have never done this but we are both well trained in some counseling disciplines. And, our first session with a couple went really well.
Maybe we will hang out a shingle...Werder & Werder.
What do you think? Catchy, huh?
Mean while back at the ranch, I am still looking for something to do that makes money.
Still looking...
Still looking...
Still looking...
P. S. We cancelled the concert planned for May or June because the guy we were trying to get to be the music director can't do it. Without him, the quality would be marginal and we are tired of low quality shows...so we cancelled the show...we'll try at a later date...maybe.
4 comments:
so glad to see the blogs rolling again. always enjoy them. Making money anywhere is entertaining. I have been making about 2/3 of the house payment every month, it seems. Thank God for Laura's Gov't job, which has been consistent, or we would be a hurtin... all is well here. Brandon is coming home from India in June, and I am looking forward to seeing You in about 3 weeks. I Love You Tom. and Yella. Darshan
Wow, 3 weeks!!! Can't wait!
I saw your Facebook entry about Barrett. His picture next to yours reminded me how much he looked like you.
Time and life passes.
Not sure I'm fond of that. I noticed that neither time or life cares what I feel.
My heart goes out to you, Laura and your family.
From a marketing POV, W&W doesn't cut it. How about "Dingbats"? Clients would have to see the humor before you accept them. Getting to the humor might the point, anyway.
Enjoy your time with Darshan- I know you will. Hope to see you both in June, too.
-B
Too bad you don't like W & W...it was so creative and all.
Hope to see you in June. It will be such a hoot to hang out!
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