Friday, August 8, 2014

Check Out 2014's Argentine Product Pricing Comparison

So the international rumor mill suggests that Argentina’s economy is hitting an all-time low. So I decided to do a bit of pricing comparison with products I spot-checked last year versus the actual cost today. Have the prices dropped? Do they ever in any part of the world? The answer would be no. However, are things really that drastic? Let’s find out.

On July 29th, 2014, the cost of the US dollar in Argentine pesos was: 8.19
On August 1st, 2014, the cost of the US dollar in Argentine pesos was: 8.23
On August 4th, 2014, the cost of the US dollar in Argentine pesos was: 8.26
On August 8th, 2014, the cost of the US dollar in Argentine pesos was: 8.27
On August 24th, 2014, the cost of the US dollar in Argentine pesos was: 8.39
On September 2nd, 2014, the cost of the US dollar in Argentine pesos was: 8.40

The photo on the left is the cost of the product from a year ago. The one on the right is the current price.
Yikes! There's a 3.10 increase in Argentine pesos. In US dollars this would cost you $1.04.

Wait! What? Can it be? No. That's not possible. He must have switched the images around. Sorry to disappoint you folks, but the prices on these products are correct. The Gatorade on the left was once 9.50 Argentine pesos and a year later it has dropped to 7.25 Argentine pesos. That's a 2.25 drop. In US dollars this would be .88 cents.
Activia's liquid yogurt might give you the runs, but you'll be 51 Argentine cents richer. The price went down from 15.50 to 14.99. In US dollars this would be $1.81.
Oh man! I was really looking forward to cleaning the wax out of my ears this weekend. Q-soft, which is basically a Q-tip has risen by 2.30 Argentine pesos. In US dollars this would be $1.69.
Oh ... SUGAR! The cost of cereal has definitely jumped in a year by a whopping 18.14 Argentine pesos. In US dollars this would be $4.41. Don't fret boys and girls! There are plenty of generic brands on sale at local supermarkets that taste just the same, but at a more affordable price.
 
Hellmann's Ketchup has a nicer looking package, but the price has gone up from 8.65 to 11.45 Argentine pesos That's a 2.80 markup. In US dollars, that's $1.39.

Now you're probably wondering what the big deal is. After all, as long as expats have U.S. dollars, the prices are more affordable in Argentina than they are in the States. That's a good point, but you need to consider the fact that every expat has a different financial situation. Those who continue to earn money in US dollars are better off than those who have depleted their supply of dollars (like yours truly) and are now solely dependent on Argentine pesos.

I should point out that a lot of these items have generic brands or have Argentine equivalent products that are (in most cases) cheaper. As far what the future holds for product pricing, we'll just have to wait and see.

Wednesday, August 6, 2014

Expat Report: 26 Months Living in Argentina

I’d like to start by thanking anyone who has shown their love and support for my expat blog. And if you haven’t yet, don’t worry, there’s still time to join the journey. ;-)

I’m nearly two months late writing this, but I felt it was important to reflect on and honor the past two years of my life here in Argentina.

So let me start with a few general updates about changes in Cordoba and Argentina in general. Then I’ll get to some of the crazier things that have been happening in my personal life.

McDonald’s Breakfast Is Less Argentine

One of the things that has helped us cope with homesickness is food. For instance, I’m happy to report that McDonald’s here recently started offering a more American style breakfast: bacon, scrambled eggs, and two pieces of bread that come surprisingly close to the texture of a bagel, minus the shape and the hole in the middle.

Whether this breakfast menu option sticks around beyond 2014 remains to be seen. Based on the last 26 months, I’d say I should enjoy this version of McDonald’s breakfast before they revert back to a more Argentine menu.

Walmart Sells Bacon

Walmart stores in Argentina now sell bacon that tastes just like the kind back home. My ex, Zach, was kind enough to make some for me recently. I’m so grateful to him since I have absolutely no talent for cooking.

And yes, I’m aware how weird it sounds to have my soon to be ex-husband cook anything for me. But getting divorced while living abroad is extremely difficult, and I’m not the kind of person who would throw anyone out on the street. I certainly wouldn’t do that to him, as we still love each other in our own way.


Public Hospitals Are 100% Free

The public hospital in Cordoba no longer charges the already minimal outpatient fee, which is great, but on the downside, getting an appointment with a doctor has become much more challenging. I’ll probably talk more about this in a future post.


Roommate From Hell

Earlier this year, Zach made friends with an Argentine named Cami. They had a lot in common, like their perky personalities and obsessive love for men and shopping. At first, we thought she was amazing. In fact, I was so relieved Zach had found her because he had seemed pretty down since our breakup in December of last year. She gave him a reason to smile again, and it took the pressure off me from looking after him after so many years, so I could actually focus on my life, particularly my university life.

About a month after they met, we decided to invite her to move in with us. We had a spare room, and she was desperate to leave the place she was living in. She also agreed to pay rent and half of the utilities.

Around June, she shared that she was doing a lot of freelance writing and felt she could find some work for me. I was actually looking forward to working for someone else because Ben, the guy who gave me freelance article assignments, had parted ways with me, and not on the best of terms.

Unfortunately, as the weeks went by, her assurances about freelance assignments didn’t turn into reality. Frustrated, I confronted her about it. It wasn’t violent, though I will admit I could have been friendlier when I told her I wouldn’t have quit Ben if I had known she wouldn’t have any work for me.

I honestly wouldn’t have cared if she never found a single assignment for me because I was still busy trying to get through my psych courses. But a lot of things led up to that confrontation. For starters, my parents, who had agreed to handle the utilities until I graduated, decided to cut me off financially. I suddenly found myself without money, while having not only myself to feed but also Zach. I also had to make sure I had enough money from freelance work to buy the Neotigason pills he needed for his Darier’s Disease. That was no longer an option because I had no freelance job and no financial support from my parents.

To make matters worse, my anti-anxiety meds had stopped working. Before, they would provide peace and even feelings of euphoria. Now I felt apathy toward things that should have mattered. So in the end, a lot was going on, and when I asked Cami if there was any word on steady assignments, which she had assured there would be, she told me there was no update yet. I got mad and accused her of tricking me into dropping Ben. She claimed she would never do that. I didn’t believe her and called her out on it. She got so angry that she decided to start looking for a new place to live, though she didn’t leave as quickly as I would have liked.

Although things calmed down a bit, and Cami was able to provide me with a few assignments, I continued to struggle in other ways.


No More Anti-Anxiety Meds

As I mentioned before, my anti anxiety meds had stopped working. As my 37th birthday got closer, I decided to try managing my condition on my own. But the meds weren’t the only things I cut off. I also said goodbye to my psychiatrist, who, if I’m being honest, was mildly homophobic, somewhat ignorant, and a bit apathetic himself. And although my psychologist was nice, I realized she didn’t have a f*cking clue how to help me. So as of this post, it’s been two months without therapy or anti-anxiety meds, and I’ve had my ups and downs. I wasn’t fully prepared for the mood swings or the unexpected anxiety attacks I've experienced.

While I was more sociable last year and in early 2014, I now find myself staying indoors a lot more. To compensate, I try to invite friends over when there’s enough money for snacks and drinks. But here’s the thing. Most of my friends are also Cami's friends, and she’s spun the story to make herself look like the victim and me like the bad guy, just like she did with her previous roommate and her ex. The only neutral friend was Brian, whom I met last year, but sadly, he went back home to the States and has gone radio silent. As for my college friends, let me rip off that band aid and tell you what happened.


I Quit!

It wasn’t an easy decision, but I didn’t feel the university was the right fit for me. I could go on about the reasons why, but suffice it to say it had a lot to do with how disorganized the university was. Not having my meds didn’t help either. I also had to focus all of my energies on finding full-time work.


Freelancing Full-Time

Eventually, Cami was able to secure more steady freelance writing assignments like she had originally promised. So now my time is fully devoted to freelance writing. My income depends entirely on these assignments, and I’m able to make ends meet, but just barely.

Zach has also joined our little freelance writing team, though his true passion has always been in the kitchen. He recently launched his own website where people can order some of his incredible pastries. You can check it out at: Zach’s Bake Shop

Here are some photos of the amazing things he bakes.

In addition, Zach created a group called English & Muffins, where expats and Argentines gather at a hostel to play fun games. It’s a great way for non-native English speakers to practice their language skills while enjoying delicious muffins and cakes.


Happy Birthday to Me!

I also celebrated my 37th birthday in July with Zach and two new friends who surprised me with a party. Usually, I’m the one organizing surprise parties for others, so it was rare—and wonderful—to be the center of attention. They decorated the house with themes from some of my favorite shows like Supernatural and Star Trek, along with zombies and Superman. Suffice it to say, it was an awesome celebration.

Looking Back
It feels like a lifetime ago since Zach and I stepped off that plane in Córdoba, yet not a day goes by that I don’t think about our old lives back in the States. Maybe things would have been different if we had stayed.

My friends back home have experienced moments I wish I could have been there for. One friend lost her son in a terrible accident. Another recently remarried and is expecting her first child. I used to tease her that I wanted her to make me an uncle. Now I won’t be there for that or any other milestone in her life. Sometimes, I wonder if the choice Zach and I made to leave New York was the right one. Would we have stayed together if we hadn’t moved?

Sure, we’ve made some friends and have tried building a new life here. But the setbacks and frustrations just aren't worth it. Also, I'm not sure if the bond we have with those we've met is strong enough to keep us tethered to Argentina.

The only thing I'm sure of is Zach. He and I remain close, especially in the wake of the crumbling friendship between us and Cami. He could have taken her side, but he's got my back as we continue to travel up sh*t's creek without a paddle.

Monday, August 4, 2014

The 2014 Argentine Financial Default: Here's What the Headlines Got Wrong

Some of you may have heard about the vulture funds and the so called “DEFAULT” situation that Argentina has been facing in 2014. Unfortunately, there are plenty of news reports and websites out there, each offering their own version of what’s true and what’s a lie, but they seem to have no idea what they’re talking about.

What I will talk about is the fact that while popular world news media continue to report the situation as dire, Argentina doesn’t appear to be collapsing economically. You won’t find riots or mass suicides in the streets or any of the nonsense that people might report due to the supposed looming threat of the “DEFAULT”.

People continue to go about their day. Children go to school, and grown ups go to work or go shopping.

Patio Olmos in Cordoba City, Argentina
As far as Cordoba City is concerned, businesses are still making money. People are still going to malls to buy clothes, DVDs, books, and perfume. They also spend money on nice meals at restaurants and in food courts with their families or friends.
Patio Olmos in Cordoba City, Argentina

Economists were predicting that the value of the dollar would rise in Argentina, but I’ve been monitoring the rate at which the U.S. dollar has climbed, and the increase is negligible. Over the last few days, it’s gone from 8.09 Argentine pesos to 8.23 Argentine pesos per 1 USD as of August 4th, 2014. Now I’m not saying that won’t change. It may very well change, but for the time being there are no signs of a major collapse or chaos here in Argentina.

In addition, Argentine president Cristina Fernandez de Kirchner has once again increased the monthly benefits that retired elderly people receive from 2,700 to 3,200 Argentine pesos. From what I’ve observed over the last two years, growing old here seems like a pretty sweet deal.

For those fortunate enough to find legal work here, in other words not me, the minimum wage is about to jump once again.

I did some price checking on three items that I took photos of a year ago, and then again this year to see if there have been any changes. There have been, but it’s definitely not as crazy as you would expect… well, except maybe for the bag of Doritos.

BEFORE IN 2013: 20.19 Argentine Pesos
NOW IN 2014: 28.49 Argentine Pesos

BEFORE IN 2013: 9.60 Argentine Pesos
NOW IN 2014: 11.99 Argentine Pesos

BEFORE IN 2013: 329 Argentine Pesos
NOW IN 2014: 239 and 399 Argentine Pesos Range

I’ll be creating a price comparison entry with more products soon, so stay tuned. Prices have an insane way of fluctuating here in Argentina, and what seems stable today can look completely different tomorrow. For now, though, the reality feels way less dramatic than the online headlines are suggesting.