# EP 51 - No sabes esto de nosotras

An episode of [Economics Data Podcast](https://invisiblenetwork.ai/podcast/1690287258), 22 May 2024, 51 min.

Audio: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/60121128/ecd_solas_13_5.mp3

No sabes esto de nosotras Acompañanos en un episodio ligerito donde hacemos un Q&A sobre nosotras. Abordamos nuestro punto de vista, preferencias e ideas de diversos temas financieros y no tan financieros 📊😁 Si quieres seguir aprendiendo de finanzas “con cucharitas” síguenos Instagram Youtube TikTok

## Transcript

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[1:02] Here are your mwwww lockers. Economic comm de ombre. Welcome to Economics
[1:12] Tata your finance Podcast. Here we will speak lightly and sincerely of money,
[1:19] where together we will turn the difficult into easy and clear we will take our
[1:26] finances to another level. From now on, your numbers will be as if
[1:30] you' ve never made mistakes for a lecturing past, a healthy present,
[1:34] a promising future, and a grateful pocket. That' s why we'
[1:40] re following us on Instagram, Facebook, tiktok linking and Twitter. Approve the
[1:42] Economist Hello welcome to a new episode more Economics Tata your Podcast of Finance.
[1:48] I' m Kimberly and I' m Laura, and today we decided to
[1:52] dedicate this episode as we' re brand- new was I don' t
[1:57] know if they' re living it yesterday, but we' re in love
[2:01] with this set that totally defines us, so look. It looks like us
[2:02] look. Please, those icons look here. I' m in love with
[2:07] this stet and those on spotifyo a sign for you to go on YouTube right
[2:13] now and you can' t where Seth is because you have to see him.
[2:16] Yes or yes. Yes, gentlemen, super happy, but nothing you
[2:20] already know is an extra motivation to go see our podcast not on YouTube and
[2:23] not just stay in Spotify, because I always say the time that watching the
[2:28] podcast is more cool than bedo. Yes, because part of our communication is
[2:32] the gestures we make, the faces, the gestures and so on, that
[2:38] is, not just the voice. But, well, let' s go
[2:40] to what we came for. Ma' am, we' re going to
[2:45] a topic that' s perfect to inaugurate this thirst and it' s to
[2:51] talk a little bit more about things that you may not know about us in
[2:55] financial matters, maybe as we thought of certain things, how we were leaning
[3:01] over this, about this, what our favorite and least preferred things are in
[3:05] finance and so on. So here we' re going to talk a little
[3:07] bit about these questions that maybe you' ve never asked us and we'
[3:13] ve never talked to you about this. But I understand it' s a
[3:15] cool episode for us to notice I' m just a little bit more of
[3:20] a light episode, that is, we' re going upstairs, gentlemen Laura,
[3:25] we' re going to start, let' s see Kim with what
[3:25] you' re ta cane. Oh, my God, let' s get
[3:28] started. We start because we' re going to talk about personal financial things
[3:31] as well. Yeah, yeah. First, I say that everyone is stingy
[3:35] in certain lines and it is daft spender in others, that this defines your
[3:40] priorities a lot. Which way is it that you' re a caster?
[3:46] I' m a thong. I mean, I' m an agre.
[3:49] Yeah, yeah, yeah, I' m cheap. And I was telling
[3:51] you about it the other day in a makeup. Gentlemen, for me to
[3:54] buy makeup it has to be literally dry, already sin, I end up
[4:01] almost defeated and then I say well, let me compare it. Even I
[4:04] ' m the one who makes the carts, I mean, go in there
[4:09] online and buy visually. I mean, I got the cart ready and I
[4:13] get out and I say no, I don' t want to. I
[4:16] ' m also stingy at cooking things on time, at non- food stuff.
[4:20] In that I am not even in food, but in details of the
[4:26] kitchen I know that more skillets, what more utensils, than glasses of all
[4:30] colors, sizes, flavors, etcetera. I' m like half- baked
[4:35] in that sense too and I think life is already leading me to after all
[4:42] in that sense, but not really that I' m stingy in that and
[4:46] you in that you' re this reed. I' m ta cane in
[4:47] makeup, too. It' s hard for me, too, but I
[4:53] don' t leave it in the cart as much as you do. I
[4:54] mean, in the end I buy it, but, yeah, yeah,
[4:57] I' m stingy about that, too, I' m stingy about something
[5:01] that, or you' d say Watts on the transfers, you' d
[5:03] get in here and swear to me. I don' t, I put
[5:08] it close. I don' t know why we' ll see many followers
[5:11] who tell us those hundred pesos are mine. I' m not leaving it
[5:13] to the bank. I just feel like that shouldn' t be there.
[5:15] But well, that' s for another OK episode and before I was stingy,
[5:20] for example, on my travels before now at all, sir I didn
[5:26] ' t see it no, no, no, on my travels in the
[5:30] ay hosting or I was stingy too in the sense that I didn' t
[5:32] care where I stayed, as long as it was cheaper. Oh, yeah,
[5:36] but now I like my good bed. I mean, I told you
[5:42] here, I said it in the podcast too. Gentlemen, I have a
[5:45] mattress too comfortable. I invested in a dump. I' m going to
[5:49] what he wants to set up a mattress factory. He wants to sell us
[5:53] the dogs, but how do they expect the mattresses? May economics such,
[5:58] but really now that I' m nothing, stingy with that. I mean,
[6:01] now I the lodging has to be a comfortable place, you have to
[6:06] have a good bath, literally. One of the first things I see is
[6:10] the bathroom of a lodging. But before, yes, it was amazing,
[6:15] incredibly. I was cheap before, too, and you' re gonna say
[6:18] what with the hair products. Ah, but years ago I was stingy about
[6:23] it. I' ve said that since I was Blonde. I didn'
[6:26] t start until I moved to the United States already in the two thousand nineteen
[6:30] and started fixing myself. So yeah, there I went in there I valued
[6:36] because I didn' t have a living room in it that maybe I mean,
[6:42] you know, they have more experience in how to get their hair out.
[6:45] And when I moved, I started investing in good beauty products, because
[6:48] before I told you, five years ago, I didn' t do it,
[6:53] that is, nothing like that, but I didn' t invest in
[6:58] products that maybe were essential to my head. So now I don' t
[7:01] deal with it and I' d even say that I' m stingy with
[7:06] the ones I have now that my husband sees them in the shower and I
[7:13] take care of them so he' s already used the last ones I have.
[7:13] I told him to look at the next one that I already have Reyfield,
[7:16] it' s my turn to buy again you' re going to have
[7:19] to contribute something clear, because you' ve used that, that is,
[7:23] and not a word with the Sginker. Also my trick with that is that
[7:25] I' ve been teaching him the importance For a man, sir, you
[7:30] tell him the importance of taking care of his skin, cremites, sunscreen and
[7:33] shampoo. For him that is unusual that shampoo that because you have so much
[7:41] pot that shampoo conditioning, that mask, that living that is that When he
[7:45] used the three in one dejeran choles of a lifetime aha, then I have
[7:48] been teaching it because I was running out of products and one day I went
[7:53] with him to the Bury his pliy, which was recent and, gentlemen,
[7:57] a pot of this size, a ching taller and thinner, much thinner.
[8:01] We' re talking that it can cost you two thousand, two thousand and
[8:07] some but two thousand and beak And I mean, there are others that even
[8:09] more. When he saw that that was the price then he said wow king
[8:13] rd Ok find me another one. Yeah, make it good, but make
[8:16] it bigger and smaller in prison. So already there, like he already knows,
[8:20] these are mine, these are yours the least they don' t touch
[8:24] because they are more expensive. But it' s just that I did that,
[8:28] I mean, I buy his, but they' re over and he,
[8:31] mys Reyfield, then has to see touches mine. No, and I
[8:33] ' m like, since I' m gonna be good, I' m
[8:37] like, you' re using my shampoo and my conditioner' s touching you
[8:43] this month that' s my turn, but make it happen because if you
[8:46] ' re not gonna keep spending it. Sure, sure, look, and
[8:48] in that pedagogy thing you said, I' ve really changed at once.
[8:52] In that sense, I say that the twenty- nine years entered me with
[8:56] that taste, so three years ago you were this cane with those three years
[9:00] and hour toll, that is when I was twenty- six years old,
[9:03] of course super cheap with lodging. I said otherwise. I prefer to spend
[9:07] it more on the experiences of the trip, on going out to dinner Rico,
[9:13] on enjoying more, on shopping beyond than staying at the hotel, perhaps
[9:16] more comfortable. Not now we are going on a trip, soon we are
[9:22] going to Portugal, to Spain, and I told my husband Mira, the
[9:26] lodgings of this trip have to be, as I want, the first center
[9:31] that since I leave, I have everything here, because I don' t
[9:35] want to even waste time by taxi, in over or anything. I want
[9:39] to be there in the center and besides, I notice a lot about that,
[9:41] that is literally for me to book a lodging one of the tricks too
[9:46] that can be taken away from us is. I' m looking for the
[9:48] best hotels in the area and I' m going to the map and see
[9:52] what' s close to the prices. And then I go to the pictures
[9:56] and I see the bathroom. Preferably I like them, that is, they
[10:01] don' t have the bathtub because besides they' re more dangerous, right.
[10:05] And second of all, I notice in bed that they have a good
[10:09] padding, that is, that they have like the dube not that they have
[10:11] that little savannah that you see skinny savannah, is that the bedding I don
[10:16] ' t know, I don' t know, like I see it that
[10:18] way in the hotels, then nothing. I' ve changed my husband'
[10:20] s mindset in this respect, too, and that stinging thing definitely went to
[10:24] the side of it, but I have friends who tell me they' re
[10:26] stingy. Laura with going out to dinner at a restaurant, that is,
[10:31] with going to a restaurant and she tells me look that instead of me going
[10:35] to dinner now restaurant, I prefer to buy a shoe and the shoe lasts
[10:41] me five, ten fifteen years and dinner is gone Marcos. Now yes,
[10:45] literal Manda Marcos is piped with restaurants, that is to say he compares it
[10:48] at once how many h you see I have gone out in a meat,
[10:52] what does it do with a glass of wine and that it suits him better
[10:54] than the restaurant that it is, does not have to fight with the service
[11:00] that if you reserve that if I arrive ten minutes late already I have cancelled
[11:03] the reservation and that already they are throwing me at the hour and half he
[11:05] is like this. With that with the restaurants or going outside. I think
[11:09] I' m in an intermission. I mean, it' s not like
[11:13] I' m cheap, but I don' t like spending much either.
[11:16] So, Abrahman have all the time not all the saying to me has started
[11:18] to hurt lately, especially in the Dominican Republic, that repainte restaurants have abysmal
[11:24] prices. Yeah, yeah, yeah, I' d tell you, yeah,
[11:30] and what you' re a castadora Laura in that I' m a
[11:35] good spender on my travels. I, I mean, I like to travel
[11:37] a lot, sir, and I said it in the Couple episode that Marcos
[11:41] always says that I' m thinking about a trip and I' m always
[11:45] thinking about the next trip, so that' s one of the things I
[11:48] ' m investing the most. I don' t spend because I' m
[11:54] investing in experiences, I' d say and let me see what else?
[11:56] In clothes, I already think the mindset was changed from when one was twenty
[12:03] years old that one only bought economic clothes, economica fast fastion already and I,
[12:09] like I invest in clothes I try to get the game out, but
[12:11] I wouldn' t say perhaps the word that is not spent on that,
[12:16] but I treat it as one of the expenses that I do most, but
[12:20] I see it as an investment, that is, more than anything else that
[12:24] I can get the juice out of it and let me see what else.
[12:31] Not in the supermarket, not I always try to balance it, I mean,
[12:35] I' m not cheap at it. Still expensive shopping, I get
[12:39] it. Still it is expensive, yes, and but I always try to
[12:43] for example, meats buy it in a place that I can know is good
[12:48] quality, but at the same time it is not the most expensive supermarket in
[12:52] Miami and I treat what it is like rice cabbage that my husband drinks.
[12:58] Gentlemen, that is all those condiments and foods that you use that maybe don
[13:05] ' t have to be so fresh, because I bought it from a Walmer,
[13:07] which is one of the cheapest supermarkets, so there I don' t
[13:11] feel like I' m spent. Now I would say that in those two
[13:13] I said at the beginning on trips and ok clothes on trips, I think
[13:16] everyone spends a lot. Yeah like you always try to plan yourself, but
[13:22] it' s a goal that' s always yes, I mean it'
[13:24] s something that you always have, like the next trip is already in sight
[13:28] and then you' re not piped with seeing them that is, who'
[13:31] s piped with the trips, someone who comments it underneath for me to really
[13:37] write to you because I need to know you and you Kim spends it,
[13:43] Look Laura, I' ve also changed a little bit in the inter I
[13:45] think that everyone, right, over the years, is changing a little bit
[13:48] their tastes and priorities. In my case, I used to buy any wine.
[13:54] Not now for me to buy a wine. I say look, for
[13:58] me to drink a wine man I prefer not to turn it over or I
[14:03] prefer not to buy it. Literally. Before I went Mr Al Nacional and
[14:07] I bought my wine there for 200 pesos. The teastel I' m sure
[14:11] you' ve heard it true two, literally the truth two hundred twenty and
[14:15] we think it cost. I was buying me the happy wine. I said,
[14:16] oh, good wine. Already after I' ve been learning about wine,
[14:22] I' ve also learned to enjoy it more, I say no.
[14:24] I' m going to buy my good wine, the one I like,
[14:26] which isn' t the most expensive truth in the world either. If not
[14:30] the change, I like the world, because the best wine is not necessarily
[14:33] the morefillar. On that I agree. I also spend on good accessories to,
[14:39] a good wallet, a good shoe, a good strap, a good
[14:45] jewel. I mean, I' m not so full of shoes, a
[14:48] lot of wallet, a lot of jewelry, a lot of them. I
[14:52] ' d say more, an investment aha too, but maybe a lot of
[14:56] people say I' m stingy about that. I mean, I' d
[14:58] rather not buy myself. I prefer to buy me ten shoes to buy me
[15:01] one will go. Some people, yes, it' s true. In
[15:03] my case. In my case, I prefer to buy a shoe and have
[15:05] it last for exactly years. I remember the first designer shoe I bought myself.
[15:11] Gentlemen, I did how much at that time, I mean, we
[15:15] ' re talking about ten years ago. Laura my first shoe that since I
[15:18] went, I bought myself and the shoe is there in the closet. I
[15:22] ' m not asking for ten years. Now yes, I' m standing
[15:24] back and I say lower quality shoes that I was buying at the time.
[15:30] And that doesn' t exist, that was years ago, that' s
[15:33] right. I even remember my college days when I went into Ays. I
[15:37] ' m ashamed of myself. I went into a class in the play with
[15:41] some shoes, a short ballerina and they had like a flower up some shoes.
[15:46] What do I know? I don' t even remember where I bought
[15:50] it, maybe at Forever Sony Wane. At that moment Laura I entered that
[15:54] class happy and took off a flower from the zapón. Oh, and I
[16:00] saw you Of course it' s coming They were already walking in the middle
[16:03] of the course. I had to bend down with my whole face of shame,
[16:07] that is, to pick up the flower. Yeah, that' s
[16:10] what happens is that in the end it' s cheap, it' s
[16:11] expensive. But as you say, a lot of people don' t understand
[16:15] it and it' s cheap. With that he prefers not to give it,
[16:17] not to give it, because ah it is simply a luxury brand and
[16:21] costs too much, but look how that money is of forgiveness. Those shoes
[16:23] are already ten years old that if you take the price of those shoes and
[16:26] divide it by ten, that is, it' s different from that flower
[16:30] that doesn' t even exist. And if and if you don' t
[16:33] and if you divide it like you do yanalis, if you divide it by
[16:37] how many times you use it, that is, I can tell you because
[16:41] there are pieces that cost, that is, they have their balor. I
[16:42] ' ve compared it and I say, sir I' ve put it on
[16:45] so much Amá. I have some tennis, glasses and a wallet that my
[16:51] husband forbids me. I say hey give him a break is more. I
[16:56] oppose it and he starts to relax next to you eating there literally I gave
[17:02] you truth till I burned them. But in the end, that' s
[17:07] what I buy myself for, but, well, I think they' ll
[17:11] last you, and to get the game out, I agree very much.
[17:11] Look, there' s one you didn' t tell me, but I
[17:14] know you. Aha spent on sweet, oh yes, chocolate. You'
[17:18] re a candy spender, I mean, when I was thinking about how much
[17:19] I actually mean, I spend candy, but it' s not a trigger.
[17:23] I don' t spend on chocolate, gentlemen, chocolate and not any
[17:27] chocolate. I mean. Sir, I reject chocolate, I reject dessert,
[17:30] I reject sweet. Everything that has a fruit in the middle, rejected because
[17:34] I say I don' t go first, I don' t drink the
[17:37] calories, I mean, I juice forget about that and I don' t
[17:42] like the calories that I don' t enjoy right now, all I have
[17:47] was about eight. Gentlemen, there' s my money. And when you
[17:53] had, I mean maybe a few years ago, what has been an expense,
[17:56] for example, that before you didn' t have, well, apart
[18:00] from my goddaughter baby who tripled the expenses in this home that maybe I don
[18:07] ' t know six years ago, eight years ago, you didn' t
[18:11] even know about that expense and that now you included it in your budget.
[18:14] Ok look maybe not necessarily on the menstrual budget, because the monthly budget.
[18:21] Obviously, already after you move in, you get married, you have kids.
[18:25] There are already things that of course when I was in college I didn
[18:29] ' t have like now that I have, because electricity is supermarket, transportation,
[18:36] etcetera. Now, that I included that I didn' t have before,
[18:41] because I included maybe the ah well, it' s not an expense,
[18:42] but it' s a savings, the au one from the emerging fund
[18:45] is clear, that is, ten years ago you talked to me about that
[18:49] and I might say which emergency fund. I' m not too young.
[18:52] I included that savings. A saving for the future, that is, for
[18:56] retirement. That too before I didn' t even think about the things in
[19:02] the house. I remember when I hated going out to Kasaco. It'
[19:08] s okay that I' m Mommy, please, I don' t want
[19:12] to go, I don' t want to go to me. It forced
[19:14] me, I hated that, but now I really enjoy it, I enjoy
[19:18] going to see how beautiful you carry beautiful portrait this vase, as those Dongis
[19:23] also doñistic expenses that arrived. It' s also an expense that we didn
[19:30] ' t even think about before, but it' s not a monthly thing,
[19:33] it' s an exact thing. From time to time. The Sking
[19:34] that I included it, too. You included it, yes. I used
[19:38] to buy in the serena, Mrs King Yes, yes, you Yes,
[19:44] yes, I mean, yes, any exact soap. I also used New
[19:48] Trgina, you remember that gives me the band like the pharmacy in America and
[19:52] after wow, how long, because I changed that literally six years ago.
[19:57] It also doesn' t do so much why not. I' m also
[20:00] not going now that in Tiktok we' re seeing young girls using their moisturizing
[20:07] to cremate you to be an unusual thing for me. I didn' t
[20:10] even think about any of that before. I washed my face and said goodbye
[20:11] exactly and I was going that way I also gave myself then, yes,
[20:15] and to a major expense, that which comes every two months exactly, every
[20:19] two months two and a half months, which is not something that one has
[20:22] monthly, but we do have to contemplate it, as, for example,
[20:25] also the gifts. You have more activity right now, for example, and
[20:27] all that, but I, for example, know that I have specific gifts,
[20:32] like birthdays of a close person in December. Birthday also to my family
[20:37] friends, and that I have included as well as Kim. Insurance covers insurance,
[20:42] particularly vehicle insurance, because health insurance is covered by the company where I
[20:48] work, but vehicle insurance is paid by me every six months. So that
[20:55] ' s where I' m programmed and I already know that monthly I have
[21:00] to allocate that to my savings account, to high performance, already in the
[21:03] United States and when the time comes to pay, because I already have that
[21:07] and I don' t get the picture squared. But that was something I
[21:08] didn' t even see before, I mean, I didn' t exactly
[21:12] take it into account. Wow, and the time let' s talk a
[21:17] little bit about what people like about travel. What' s that most expensive
[21:22] trip you' ve ever made. It' s already been with you,
[21:27] Japan and South Korea. Yeah, but why. Because it was expensive,
[21:32] well, because we chose a tour that maybe next time, because we don
[21:40] ' t leave alone, because we' re going back and maybe we can
[21:44] save ourselves a little bit more. And also because obviously a passage exactly so
[21:48] far away, because it' s expensive. In itself, I would say
[21:52] that it wasn' t so much the lack of food, but it was
[21:56] more that perhaps on the tour we could have saved ourselves a little bit by
[22:02] choosing destinations that we did want, specifically because there were some destinations that we
[22:07] might have made and also the good passage, yes, already broken. That
[22:11] ' s why you already fall off the blanket, which is the most expensive.
[22:14] In my case, you were Mexico. I didn' t go to
[22:17] Mexico, okay. In my case I have gone twice to Mexico, once
[22:19] when it was my honeymoon, which was on the two thousand eighteen, and
[22:22] at that time we went to the Mayan riviera, to the records and I
[22:26] said wow, what place so expensive in clear serial, too expensive, that
[22:32] is not for lodging, because it is basically equivalent to car ok tip because
[22:36] it seems. But transport, I mean, I' m talking about contax
[22:41] here, maybe eight minutes driving. We' re talking fifty- four dollars
[22:45] or just one way then one turn fifty- four, that is, it
[22:49] was too much money. In addition, restaurants are also extremely expensive. Now
[22:53] we recently went to Mexico City, which already has different prices. But the
[23:00] restaurants, if I found them elevated, I found myself faithful in the pedases.
[23:04] So, the lodging, well, we even stayed in polanco, which
[23:08] is supposedly one of the best. Yeah, I heard it, but restaurant
[23:14] food specifically isn' t cheap, I mean, it' s worse than
[23:18] here in the American Republic. Now on the street, super good, but
[23:22] when you say, well. But our journeys are full gastronomic. We'
[23:26] re going to many restores before, because it did shoot full the price,
[23:30] even the budget. I shared it from that trip on the instagram. Wow,
[23:33] Mira would surprise me. I went to cosume the moment I remember,
[23:36] but it was a cruise. Then I didn' t even sleep. It
[23:40] was like we took a tour of a nearby beach, we did diving,
[23:45] so we didn' t even eat there, we ate on the cruise ok
[23:48] because it was ten in the morning, five in the afternoon. So I
[23:52] haven' t been to Mexico City. I' ve got it in my
[23:55] checklis. So I' ll see that budget when I go and keep it
[23:59] in mind that, well, it' s a little more expensive than your
[24:03] favorite financial instrument, your investment instrument. I just love it. There'
[24:07] s God I like a lot. I like too many instruments, really,
[24:11] because obviously it' s going to depend on the goal you have, but
[24:17] suppose you take the men ay open it. I like them a lot.
[24:19] I mean, there aren' t three that I can' t really do
[24:22] many, but there are three. Aha top three liquid investment fund, that
[24:27] is, it' s a springboard that everyone has to have for me.
[24:30] I need it there next to me, because there' s always going to
[24:33] be a money you don' t know what to do with it, and
[24:36] you' ve got the fondito there for you to send it right away.
[24:37] What you think of mutual, which is perfect for all the goals that in
[24:42] my case, I plan over time, my daughter' s things, travel
[24:47] things that or that is totally part of my life, to also buy other
[24:51] properties later and so on. And the bonds, the bonds for me are
[24:59] an instrument that allows you to grow financially speaking fairly, that is, faster
[25:06] than the others, because you can first access higher rates, second to an
[25:10] interesting flow for a long time. Tell yourself flow goes in with spoons,
[25:15] flow yields, that is profit that goes to your pocket frequently every three or
[25:22] six months, depending on the bonus and insured for a long term, which
[25:26] is very interesting, because if you lower the rates and pass whatever happens in
[25:29] the market, you already have that insured for longer. And, besides that
[25:33] whoever knows how to invest in bonds when he' s going to sell it,
[25:37] if they sell it at the right time, he can also make a
[25:40] capital gain, so those three I love, although there are many others,
[25:42] but those three are part of me and you what' s your favorite.
[25:45] You have one you can say so hard. Right. After Jente says the
[25:48] question and I said it' s true, it' s very difficult to
[25:52] choose one. I love investment funds and I' ve always said so,
[25:56] because it works both for short- term or long- term goals, because
[26:00] even though you can withdraw your money like liquid every 24 hours, you can
[26:03] leave it there for exactly years. I also love that it grows with compound
[26:10] interest. I am a super fan of compound interest and in the United States
[26:15] I would say that also the same investment fund that we have here and there
[26:19] is called Indie pos or, TFS or cliffs, that what they do is
[26:22] that, instead of investing in financial instruments, they invest in an index,
[26:29] in an index that continues in the five hundred largest companies in the United States,
[26:33] like the Snapie fif Hunter. So what I like is that these two
[26:36] instruments are very similar, both in Dominican public and in the United States,
[26:41] which in itself. When you invest in them, your investment is diversified,
[26:45] that is, it is not in one product, but in different ones.
[26:48] So that part I like and I also love about the investment funds, that
[26:52] whether I carry a thousand pesos or when I carry a million pesos a hundred
[26:56] thousand pesos, we all get the same profitability. So the question is difficult,
[27:00] because also, gentlemen, I like motorcycles, bonds, stocks, but
[27:03] if I had to choose one, I didn' t go for those.
[27:08] Yeah, I think the investment fund, as well as when I vote such
[27:11] a dress and I say ay looks like the time in the dive fund really
[27:14] looks like you is axible. Aden are flexible flowing. I mean. When
[27:19] I learned, gentlemen, from the investment funds, I kind of fucked it
[27:22] up, I said it' s not that I have to soak up this
[27:26] instrument because I loved it very much and well, we were also talking about
[27:33] the favorite investment. But and your favorite credit card, no, my god,
[27:37] well, here, here, in Republic You would say or in the
[27:41] United States, wherever it is, but they can go well, yes,
[27:47] okay, one and one, I would say that, according to the expenses
[27:52] I have in Dominican Republic, one of my favorites, because I don'
[27:57] t want to warm up, gentlemen, I would say that it is the
[28:02] visa plus one of my menca, which gives twenty percent return in restaurants.
[28:07] It also provides incentives in gymnasium. If you know that I love the whole
[28:11] gym supplements and also fuel. I mean, sometimes when I come here,
[28:15] I have to transport and so on and in the United States, because I
[28:21] ' m going to choose one of the trips. Gentlemen, because you asked
[28:23] me, my favorite doesn' t mean I don' t have others for
[28:27] those essential expenses. Mind because everyone here must have credit cards for both those
[28:33] essential expenses and those tastes. Then I have my credit cards for my essential
[28:37] expenses, such as the supermarket gasoline pharmacy in the United States. But also
[28:45] my favorite is travel, which is the capital one venture X, which gives
[28:49] miles. When you take them out for the first time it gives you three
[28:56] hundred dollars of credit per year that you can use on its platform so much
[29:02] to book flights as to book hotels. And a lot of people would say
[29:03] no, but on that platform prices are higher. Not really because they have
[29:08] a policy that guarantees you the same price. So if on their platform you
[29:11] see a higher price on an air ticket than what you see on Google Flight
[29:15] you can call and they match the price, then that' s three hundred
[29:22] dollars that in itself are giving you a hundred dollars they also give you every
[29:26] year as an anniversary to use on that same platform. We' re already
[29:32] talking about four hundred dollars. Of course they give you a hundred dollars of
[29:37] credit in the global and tre tse that has talked about that which I recommend
[29:41] a thousand percent. You save too much time at the airport and make that
[29:45] travel process easier in safety. You don' t have to take off your
[29:51] shoes, you don' t have to take out the computer, that is
[29:55] to say I see many gentlemen, for me that makes the process a lot
[29:57] easier, because you even leave in another row that there are fewer people,
[30:02] so with that card already having it, that already makes you free excellent.
[30:04] So, aside from that, for every time I use it I' m
[30:10] accumulating points that have served me for air tickets for my trips, for hotels
[30:14] and even for rent cars. Okay, so it' s been very functional
[30:17] for you. Of course and not to mention the benefits of the brand that
[30:21] we talk about international insurance, that I can do online consultations, so that
[30:26] is also something that listeners must verify. Yeah, yeah, yeah. In
[30:30] America, the truth is that I feel miles are too much of a crazy,
[30:37] crazy, and I don' t know, I don' t know
[30:40] what they' re doing, but they really should kind of send the tricks
[30:42] over here. I think so, yes, of course because I have seen,
[30:45] for example, videos I am giving a card that I am not going
[30:49] to mention, but a card that I know is here in the Dominican Republic,
[30:53] and that for me is a card that is aside, that is,
[30:56] it is an x card that I do not use and I would not recommend
[31:03] either, because we have already used it in my house on previous occasions and
[31:07] the truth that you do not give results. But in the United States,
[31:08] everyone gets results from that card and results that leave me with the feeling that
[31:11] it' s really the difference, because they don' t match it.
[31:15] Yeah, yeah, yeah, yeah. I think there' s a lot
[31:17] of potential, but at the same time, I think that financial institutions are
[31:22] now getting to grips with it, that is, they' re looking at
[31:25] those cards that didn' t have any benefits. People are already more informed.
[31:26] I don' t know if it' s economic, of course,
[31:30] or the shop saves by giving cards. Yeah, but people have more knowledge.
[31:33] Yes, no, because before they really had very little in the country,
[31:36] there were little ones with good benefits. Besides, it was kind of
[31:40] low profile. No one was talking about them and suddenly, we started talking
[31:44] about credit card, profit, credit, and people are going about what'
[31:47] s going on, what' s going on. Let' s compare,
[31:52] cancel one, I have the other and everyone goes looking for the one that
[31:56] suits him best. And I love that because in the end, gentlemen,
[31:57] we' re the user. They are more the pain of our money and
[32:00] we have the power to decide which products do work for us and to discard
[32:05] that is that they do not work for us and that they are simply losing
[32:09] credibility and losing public. I agree very much and you game your favorite credit
[32:14] cards or your number one card look. There are also many, i e,
[32:21] there are too many options. In my case, given what I want
[32:22] to take advantage of what I need in my home and so on, it
[32:29] can be totally different from what you hear need for you or for the point
[32:31] of life you are. But in my case, for me, the super
[32:35] cash back downesco is a spectacular card, a card that equally has a lot
[32:39] of time in the market, but it has very good benefits and not only
[32:44] for the percentages that they offer and in the categories that it offers, but
[32:49] also for the limit amount that it offers, that when one compares good,
[32:52] of course the percentage may not be the highest, but the limit amount is
[32:54] higher. Then it makes me feel better to have a lot more there.
[32:58] And for travel. It' s really a card that I have a few
[33:04] months ago, but I see it' s giving very good results. And
[33:07] it' s the Iberia card. It' s a card that, although
[33:10] we haven' t gotten the juice out yet, it' s true because
[33:15] it' s very recent. But we' re already looking at how those
[33:19] abios are growing, which is what they call points, miles, and so
[33:21] on. And when we did a projection, that is I made a projection
[33:25] that looks at if I buy a flight to Europe with the points of this
[33:30] card that are called abios, because it comes out at a point level,
[33:36] I remember that it was like thirty thousand, thirty- two thousand points that
[33:38] when you compare with any other card that you are identified, we are talking
[33:44] about that I want to sell you a bowl for Europe in one hundred thousand
[33:47] and a half points and you have to pay out. My husband passed to
[33:50] me that recently we just bought two flights with miles and I told him look.
[33:54] That card' s gone This card' s gone I mean, we
[34:00] were charged a lot of miles anyway. I' m talking about over a
[34:01] hundred thousand and pick them up and besides, everyone had to pay twenty thousand
[34:07] pesos in ten okay, it' s not going to be, but it
[34:10] ' s not worth the card, a card that' s a luxury.
[34:13] Basically nothing then. I feel like that one has a lot of potential.
[34:16] Obviously, I' m going to share our feedback later on, when we
[34:22] really start to get the excellent game out of it and that currently you would
[34:30] improve your finances, uy my finances. Oh, God of finance. Couple.
[34:34] Yeah, yeah, yeah. Look first and that' s something he
[34:37] confesses to, too. I' m talking about, you' re moving
[34:43] a movie and you' re really waiting to give it, pause, look
[34:46] and such a thing that we can do or such a thing that you mentioned
[34:51] to me, such a business. So I feel like the subject is very
[35:00] present that maybe true is normal in my house, because I am a financial
[35:06] advisor and educator, but I would like to isolate it a little more for
[35:13] specific moments or expensive those financial appointments. So we, for example, yes,
[35:15] sometimes we say ok, we' re going out to dinner, since
[35:19] we talked in the middle of dinner about such topics, but then we dispersed
[35:23] the themes and then, every once in a while we' re talking about
[35:28] finance. Then I feel like I' m getting a little bit rough.
[35:30] I wouldn' t like to have him so scattered. I don' t
[35:35] know how if you and Marcos already have it well established, we really don
[35:39] ' t have it super established either. But super so it' s like
[35:43] ah it' s the 30th of every month, but there' s a
[35:46] day a month that we talk about fine, just as you say we'
[35:50] re always talking like he tells me, like ah look, Mr Stack,
[35:52] it came out, it went up the market, that is to say cool,
[35:57] but like things like that on time from the house, like it already
[36:00] has, but it' s established, like it' s this day at
[36:02] this time. But yeah, once a month we talk like it' s
[36:07] even to be accounted for, like, okay how the budget goes. This
[36:13] month we spent a lot, we went on a trip and what we can
[36:17] do to improve We saved a little less than we already said, but there
[36:22] is not a specific day that may happen that, instead of doing it every
[36:27] month because we don' t have a specific day, we do it every
[36:30] month and a half, for example, and things accumulate a little bit more.
[36:31] Okay, okay, me. I would also like to be a little
[36:36] more aggressive in terms to the end. I' ve sometimes felt like a
[36:39] little held back in that sense, like I' m more pulling, moderate,
[36:45] conservative than aggressive. But in my house we do have a balance in
[36:49] that because Juan, my husband, is super aggressive, or he thinks more
[36:52] about it piece more in entrepreneurship, new business or new business line, etcetera,
[36:58] etcetera. And I' m more of a ok Let' s go
[37:04] to the stock market Let' s go straight to a bonus, let'
[37:06] s go straight to a fund? Then we have that balance. But yes,
[37:09] I would also like to be a little more aggressive. It happens to
[37:12] me with frames, with actions, with aggressive, it' s very aggressive
[37:16] and I' m not so much. I mean, literally, when I
[37:20] ' m aggressive, it' s going wrong, it' s like that.
[37:23] You' ll tell him I can' t be aggressive, because when
[37:27] I get excited, he' s got a bad saction. Then I really
[37:30] prefer to be the observer. You remember with gitcom me. I think that
[37:34] was a moment of greater agstivity of the whole story and I, Laura,
[37:37] have to invest in beat Come, Mom, invest in beat Come Ben we
[37:40] put a money in Bitcoin and it lasted like three years plummeted with friendship of
[37:46] loss, that is, the serious ones. We' re already in a
[37:50] position right now, yes, but yes, but that was a moment of
[37:54] aggressiveness and Mira is negative exactly. So what I do with those actions is
[38:00] look. I' ve been aggressive, because I don' t take it
[38:02] back. I mean, I' m at a loss, but I don
[38:06] ' t exactly take it back. Neither do I, as I materialize the
[38:07] loss. Yeah, me neither. I' m fine. Take it easy
[38:10] in that sense, and dear, Laura, if you get a lot of
[38:15] money, imagine that you' re walking down the street, not the street.
[38:17] Not anymore, right now, I can' t invest why with this
[38:22] money on a black tip, in a briefcase. But okay they call you,
[38:27] Mrs Laure, you won the contest of your life and you will receive
[38:31] half a million dollars in your name, signed by such a company. All
[38:36] formal that you art with that, Lieutenant Humile Dollars. Look, I'
[38:43] m also conservative, moderate, and the first thing I would do is decide
[38:47] what to do, because obviously that was very unexpected. I put a part
[38:53] in a high- performance rho account, to see what I do. In
[38:58] what I decide, hoop, I put a part. Let' s just
[39:04] say I put a hundred thousand dollars in a high- performance account, put
[39:08] two hundred thousand. We call for three hundred in a liquid investment fund and
[39:15] the rest I put in a longer term. Let' s say six months,
[39:20] one year, but then I can withdraw money. What I decide what
[39:22] to do, right. And then I start looking for a real estate and
[39:30] see what we can do with it. For Economics data, I mean,
[39:32] I would focus on those two goals, like one real estate for that to
[39:38] grow and another to see how to invest it in economics tata. I missed
[39:43] that high- performance roll account thing, maybe catch a little bit, either
[39:45] for a trip or for a weird portfolio, for a portfolio something like Ron
[39:52] lubujo. Clear eye for a few little earrings. You know, but yeah,
[39:59] a lot of it would divide it. So until because I don'
[40:01] t like to make decisions like hot, like you' re not going five
[40:06] hundred thousand dollars we' re going to make a cash offer for this property,
[40:12] not like a property I' d like to compare people and so on
[40:19] and then make the decision with more information and not in a hasty way.
[40:21] Yes and no. I think a lot of people would say that. That
[40:23] thing you mentioned. That example of that five hundred thousand dollars a real estate.
[40:28] Right now that it costs five hundred thousand and they leave and literally take
[40:32] the five hundred thousand, you keep me five hundred thousand. Yeah, exactly,
[40:35] like I don' t know if by emotion, like I hate to
[40:38] see then I prefer, since I have the money, I bought it,
[40:40] I already have my furniture. Not the other way around, I mean,
[40:44] I' d never really buy a hundred percent of the case in life.
[40:49] Neither am I, nor am I, and stopping it exactly even though it
[40:52] is very important. And that' s what you decide, because that money
[40:55] may continue to generate as we say, that is, if you need it
[41:00] in fifteen days or twenty days. That can happen in what you make the
[41:04] decision or in a month, in two months. You don' t know
[41:06] when, how long it' s gonna take for you to look for that
[41:09] real estate you want and what would you do? First, I mean,
[41:13] we run away with liquid, they send you more than one money. There,
[41:16] of course, running away what I think. Yes, I mean,
[41:20] we' re 100% aligned in that sense, because up to a day
[41:23] of$ 500, 000 we' re going to calcate it. How much
[41:25] would it be to ilrate it, how the liquid bottoms walk today suppose well,
[41:34] there is one that jumps. Yeah, there' s weight they'
[41:37] re still noticing in dollars, dollars. So it goes like a three rebu
[41:40] three fifty to four there are, but put three fifty to be observers,
[41:45] okay, so let' s see m ok for five hundred thousand dollars.
[41:54] Gentlemen, we' re talking too much of a fourth hope that I think
[42:04] I calculated it for a clear month, but ok three fifty for the one
[42:09] who doesn' t know how three fifty of a hundred truth is calculated to
[42:15] bring it to points in three hundred sixty, which is usually the basis of
[42:17] calculation used by saphiles in bags. Instead of dividing it between three, six,
[42:20] five, it divides it between three hundred and sixty to take it daily,
[42:23] then between three hundred and sixty. And then we' re going to
[42:28] multiply it by the invested capital, which is five hundred thousand dollars and well
[42:34] we' re talking one day. That' s$ 49. Imagine that
[42:36] I last the twenty- eighth day thinking we' re talking about a thousand
[42:39] three hundred and sixty dollars. Exactly I will last 28 days and analyzing what
[42:43] I do with that five hundred thousand two, that' s an income.
[42:45] Here, in Dominican Republic, I don' t say, I don'
[42:49] t say in me love because I don' t even give you to live
[42:52] under the bridge, but here, in the Republic of Americana, that'
[42:54] s an income and you' ve got a hundred left over without your dollar
[42:58] tempo. Well, that' s what I do first. Second, I
[43:01] ' m talking to my husband. Husband we go aggressive, contagion. Oy
[43:07] I am always a hundred sure that he proposes me a real estate, i
[43:13] e continue to grow the portfolio of real estate that we have already made up
[43:19] also a part for a fattening plot that we recently started. With this investment
[43:23] it is and so obviously, it is a long- term investment, but
[43:28] of course, it is a clear investment is a different investment, it is
[43:32] an investment in tyera menus roots, that is to say I like to balance
[43:37] the portfolio. Also because I see that investment options there are that are attractive
[43:43] to not only leave it on the liquid bottom, is that it is only
[43:46] a springboard, of course, but it is attractive that I can take a
[43:51] good slice and place it here to grow, that is, that it would
[43:53] make a diversification. There are among several styles of investment for the money that
[43:59] grows and obviously Greece and Turkey, Greece sdes know what the trip is doing.
[44:07] He' s got me talking to them and I haven' t planned
[44:09] it yet. I don' t put it on a true date. Now
[44:13] I get a date soon nobody clear salty, you have to visualize and act
[44:17] above all because you have many years visualizing, but you have to act exactly
[44:22] true. Then nothing, Gresso, Turkey would also take a part of that
[44:25] good super Kim award. And to close now what is the trip or destination,
[44:34] what you have made cheaper, cheaper, ok Look at the destination definitely
[44:37] Colombia. In other words, Colombia is extremely economical. I can tell you
[44:44] that I really spent like a thousand two hundred dollars with lodging, passage,
[44:50] clothes shopping, emerging Colombian designer that obviously, there we are talking about a
[44:57] luxury, literally that I wanted to give me food, dinner, drink,
[45:01] sir. Too cheap, too economical, and that was the true country,
[45:07] but one of the trips also came out cheaper. The now was you after
[45:12] you released in New York and prementamentely because we left four women, yes,
[45:17] and everything is videotaped between four. That is to say, we divided the
[45:21] food by four, the perfect number to travel exactly, the uber the lodging,
[45:25] everything was between four and I remember Laura that you and that' s
[45:30] it. We shared, for example, ice cream. I' m my
[45:32] half time, hok to half and I wasn' t a reed. It
[45:37] wasn' t because go, right now, people say like they wanted this
[45:40] street. No. No, it wasn' t like I said the time.
[45:43] I can' t eat anymore, Hocttock, because I want to keep
[45:45] eating. I can' t. We lost yes until exactly. Then it
[45:49] was all my appointment to eat more. Ladies and it' s us who
[45:53] finish us right now, tell us no. I didn' t buy an
[45:55] ice cream for everyone, yes, for you too, what was the fate.
[46:00] We met in New Colombia, that is to say, that is also
[46:04] by dephonic that falls from the kill, but I would say that also some
[46:08] trips that I would have thought I was going to leave, that is,
[46:13] the country forgiveness, not the total trip, but the country that I would
[46:15] have thought, that I thought was more expensive than it was. He went
[46:20] to Germany. Now when I went, I mean, food is super cheap.
[46:23] Yeah, the food ate the sausage. They have some dishes. There
[46:28] they eat a lot of pork, a lot of pigs, so you know
[46:31] I spent work. Also once you work and I spent work, but also
[46:36] that we went skiing, because I compared it with the United States and yes
[46:42] it is a little cheaper in the lodgings the transport that I thought was going
[46:49] to be more expensive also when we went on cruise to the honeymoon that we
[46:54] went, went to Greece, to my icon and to Santorini, and also
[47:00] went to Croatia, to du Broupnick and Split, because I thought that also,
[47:05] that is, we were going to a cruise in Europe. But when
[47:07] you figured it was seven days, that is, it was cheaper than we
[47:13] thought. And if I had stayed a night in, because it has been
[47:17] totally different than clear that I did not sleep there, yes, I also
[47:22] kept the taste that I want to go back, because it is also an
[47:25] experience to sleep there in one of the hotes. But I would have thought
[47:29] with a cruise to Europe was going to be more expensive. I don'
[47:32] t think the cruisers have given the crusaders a chance, that is, the
[47:36] only cruise that I' ve ever gone. It was a prize. You
[47:38] remember that I won compared that we won in pairs and lasted many days for
[47:46] the Mediterranean. Yeah, but I haven' t given him a chance to
[47:51] try the prisoner on a cruiser and I think a lot of people pull look.
[47:54] Cruises are the most economical and the most affective cost To me yes,
[47:58] yes, because already there you have accommodation clear, transport that you ubiquitous and
[48:02] you have all entertainment. I understand that with children it must be very cool,
[48:09] very nice or good. I haven' t gone with because I don
[48:12] ' t have children, but with envelope seen to the people that well,
[48:16] I with my nephew this to a cruise on the islands and he enjoyed very
[48:22] much, because they have activities for them, they have the pool, the
[48:27] slides and there is always something to do on the cruise. Then it also
[48:29] gives you the advantage. We did a cruise in my family, but this
[48:32] went to the Caribbean islands that we went thirty- five people. So there
[48:37] you had old people, young people and middle- aged people, who gave
[48:44] the freedom that he wanted to leave, the one who wanted to leave early
[48:47] on the island, because he was leaving early, but the one who wanted
[48:51] to stay maybe on the cruise that day, a wholesaler because he didn'
[48:54] t want to leave, because also, but you also shared very nice and
[49:00] you also have activities then the truth that a cruise is an experience, I
[49:06] say, and that with the children and family friends I have also made with
[49:12] friends is a unique and different experience, because in the case of Europe,
[49:16] for example, in Greece, precisely that they are street girls that you have
[49:22] to go up stairs and others, and they are narrow streets, because I
[49:23] didn' t have to be with the issue that I have to change myself
[49:29] taking a flight that with the suitcase on the cruise I left it and then
[49:30] I went back in. Okay, he' s got his pros and cons.
[49:32] Of course you do,' cause you only last one day in one
[49:36] place aha. But it is also I would say that a different experience for
[49:40] one to travel, that you should give yourself the opportunity also with renata.
[49:44] Yes, yes, yes, when the baby is born and grows a little
[49:47] longer. I think so, it' s going to make you a family
[49:51] trip that promises a lot of economic speaking and also quite fun, quite effective
[49:57] and quiet. Yeah, yeah, yeah. He' s not very stressed,
[50:00] he' s planning a lot. Fill in, too. Yeah,
[50:01] yeah. Well, gentlemen, Laura won' t stay. A lot of
[50:06] questions he has to ask you that he was going to get you off base.
[50:09] But this episode present for sado, for a part of s because part
[50:14] two we can do with the husbands. Oh, yeah, they got you
[50:20] two with the husbands. You' re wondering, as well as a variety
[50:25] of finance to get to know us a little bit more. What do we
[50:28] think in certain ways, certain things and nothing? I hope you were able
[50:32] to enjoy this episode, unlearned new things and laughed a little. Send this
[50:37] episode forward you stay alone with him, send it to your friends, coworkers
[50:42] and others so that they can also know a little more of him and side
[50:45] of economics tata. Well, gentlemen, thank you for joining us until we
[50:50] finally see each other in a next episode bye- bye Chau We left

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