Two Week Site Visit

At some point, I will write up a comprehensive layout of the training process that volunteers must complete before being “sworn-in” as official volunteers. The process is long and frustrating so I’ll spare you for now. I will say that it all feels worth it when your perminant site is officially announced. Almost immediately after receiving this all-important information, you are sent on a two-week site visit.

It is basically a meet-and-greet with anyone you come within earshot of: locally elected officials to those with more royal pedigrees, Clergimen to taxi-men, venders, re-venders, restaurant owners, school masters and medical doctors. And all of their spouses, children, mothers, cousins and brothers if any of them happen to be in the vicinity. It is a fantastically social experience. 

It is also the first time you will get to hear about the work you will be doing for the next two years. As a volunteer, it is your responsibility to aid the community in attaining its dreams -maybe with a little tweaking where necessary, but never to instill upon the community, your own, singularly personal visions or morals.

For this reason, I have been spending as much time as possible trying to find projects that my counterparts are most passionate about and how I can make the biggest impact within my two-year service. 

Here is a list of some of the largest projects that seem to be the most important to my community and my Beninese counterparts (There are other secondary projects that are not mentioned here). 

1. Creating a waste management service. In the developed world, we are used to throwing our trash in cans, putting them out on the curb and forgetting about what happens to the wrappers, bottles, and scraps we put in them. Forgetting about those things is impossible here, where there is no such service and trash is often left in piles outside, and more than often – burned. Trash is often overlooked by development agencies because, let’s face it, it’s trashy. There is no flash or glamour in the work and it doesn’t tug on the heart strings of donors quite like building orphanages and giving children shoes. It is nevertheless a fundamental element of hygiene, environmental stewardship, and tourism. As a Community Economic Development volunteers, I will add that it is also potentially, a cash cow!

2. Restructuring a Hospital. There is no health insurance for people here. There are clinics and private hospitals but, similarly to in the  U.S, services are very expensive. For this reason, a hospital with which I am working, is trying to restructure itself as a membership organization that provides health services to its members. This would, in effect, function like an HMO with only one medical service provider. This would provide reliable services to patients while providing a reliable income source to the hospital. 

3. Harnessing the power of ecotourism. The farm with which I work has several extra rooms and not enough hands. The road to my village has recently been repaved and it is only 60 kilometers to the national capital. There is therefore, renewed potential for tourism here, especially given the peaceful past of this West-African nation. 

4. Engaging with youths. At least half the beninese population is under 18 years-old. There is therefore, an abundance of unmet need in this area. I will be running English clubs, entrepreneurship clubs, and environmental action clubs at several local schools. This well help development efforts in the years to come. Encouraging creativity and analytical thinking will be a priority in all these classes since the educational system here generally emphasizes pure memorization of raw information. 

One Month To Go – Time well spent (Part I)

In one month, I will be officially in Benin participating in PST (Pre-Service Training – the Peace Corps apparently loves acronyms). Emails have started flooding in from different PC offices with information about the staging and training processes and the realness of my situation is starting to finally hit me. Here are some of the things going through my head at the moment.

Summer Expectations vs. Reality

I thought that I was going to spend the summer traveling to visit friends, maybe try and learn to sail or scuba dive or something crazy. Basically, I wanted to enjoy what would probably be my last relaxing summer until retirement.

Although I visited some friends and will visit some more, I didn’t do anything as wild as I’d wanted. I spent the bulk of the summer with the three youngest of my siblings. They are all in high school now and this has been the first opportunity for me to spend quality time with them since I, myself was in high school and they were noogie-height.

Frisbee,

barbeques,

swimming,

hiking,

board games,

card games,

made-up games,

softball,

weird insightful conversations, the list goes on. Basically, we played all summer long.

I was also able to spend a couple days on the Appalachian Trail, go fishing with my Uncle up in the Northeast Kingdom of Vermont (right around the corner from Bubble F*ck Nowhere, USA. Honestly, it might be in Canada, who knows . . . ).

 

Fresh Brook Trout

 

All in all, I did not get as much alone time as I had anticipated, nor did I learn any new skills as I had hoped. However, I don’t think I could have dreamed of a better way to spend my summer than with my family. Distance can make you forget how wonderful having a close family is. This time with them was more important than any of the things that I thought I wanted or needed to do this summer.

My uncle and I at camp in the Northeast Kingdom

 

One Month To Go – Preparation (Part II)

I love traveling, but packing is truly a royal pain in the ass. Some circumstances make packing even worse . . .

-Packing for a long duration trip (eg. the Peace Corps)

-Packing for the unexpected (eg. the Peace Corps)

-Having a long time to pack where you can second guess your packing choices (eg. the Peace Corps)

. . . I think you get the point. Fortunately, there are numerous sources for sample packing lists including the one furnished by the Peace Corps, PCV’s blogs as well as speaking directly with current volunteers (they are quite a outgoing, helpful group). The sum wisdom of these sources can be boiled down into three crucial tips.

  1. Clothing is not as important as you think!Business Casual seems to be as formal as anyone ever will expect from a volunteer. You can get local clothing in your country that is cheaper and, more importantly, culturally appropriate and relevant. The PC emphasizes that Cultural Integration is paramount to a volunteer’s success, so dressing like the locals is a solid start. Maybe bring some quick dry clothing like this.
  1. “Pack light” does not mean, leave free space empty! – Every current volunteer that I have spoken with has told me that my initially idea to bring as little as possible, was ridiculous. As a volunteer, you will be moving to another country for two whole years. Things you bring will wear out. And shipping anything at all is more expensive than the free 100lbs of checked baggage and your carry on luggage. Don’t waist free space, volunteers don’t get paid enough to afford that luxury.

And the most important according to virtually every volunteer with whom, I’ve spoken . . .

  1. FILL ANY EXTRA SPACE WITH FOOD! – You can get almost anything, anywhere in this globalized world. Unfortunately, a taste of home is evidently still hard to find. Herbs, spices, and non-perishables are all good things to bring. Protein and vitamins are also in short supply in many developing nation’s diets. So, dump the extra clothing and pack every nook and cranny with Nutella, Frank’s Red Hot, Protein powder and jerky.
8-29-2016 Food
Food (excluding condiments, protein, & vitamins)

My IRA Asset Allocation

Here is a short description of my asset allocation for my IRA. Before I get into it, I’d like to say first that it is incomplete and imperfect in many ways. I am not a professional investor and do not have access to more complex financial instruments that I would use if available. My IRA portfolio is therefore a rough approximation of my ideal portfolio. I have a relatively high risk tolerance and this portfolio may not be suitable for other investors.My portfolio is currently invested 80% in equities through the use of ETFs (allowing for investments in over 800 companies with some overlap) and 20% in short- and medium-term debt.

This allocation description does not constitute financial advice and is merely meant to be thought provoking.  I have not and will not go into a description of my broader strategy or a justification of my investment choices. I have simply added a short description of my reasoning for each investment. That being said, go ahead and take a look.

  • 30% Aerospace / Defense – (ITA) is an ishares ETF with holdings in companies like Lockheed Martin, General Dynamic, Boeing and so on. Lets face it all you hear about in the news is violence and with markets the way they are this is about as safe a place as any. These are also low Beta stocks that should help cushion your portfolio in times of high volatility. Plus a lot of these companies offer solid dividends. My major issue with this ETF is that the companies are all American not Global.
  • 15% Alternative Energies – (GEX) is a VanEck ETF offering global exposure to companies producing energy from renewable sources like solar and wind. This market segment can be more volatile, but I think in the long run the world needs to end up using these sources so its worth taking the risk. First Solar and Tesla are two of the American companies held in this ETF. One of the plus sides of this fund is that you can feel good about holding these companies (where you might feel a little lousy for owning those held in ITA).
  • 5% Energy Exploration – (FILL) is a globally diversified ishares ETF that holds companies like Royal Dutch Shell and BP. While the oil market might be soft, rock bottom prices leave the market with only one direction to go. These companies pay good dividends and have relatively low Betas. At only 5% of my allocation, I feel fine taking the risk. The ice caps are melting and who knows what we will find beneath them. I don’t condone drilling and destruction of the environment but if these companies are going to ruin our environment they might as well pay us dividends to deal with the consequences.
  • 10% Global Pharmaceuticals – (IXJ) is another ishares globally diversified ETF and includes companies like Pfizer. Global climate change is causing increased rates of natural disasters. Natural disasters exacerbate disease issues. These companies also offer decent dividends and relatively low Betas to help cushion a portfolio. Share prices change depending on drug development schedules not broad market movements; this asynchronous behavior helps smooth out portfolio performance.
  • 5% Global Telecom – (IXP) I hate utilities but they offer stability. Companies like AT&T included in this ishares ETF are like the U.S. Treasuries of the stock market. That being said, they are overpriced in the current market. These do offer great dividends and low Betas as well though and will make a good addition to a safer portfolio.
  • 5% Du Pont – (DD) is a chemical company that also produces things like HAZMAT suits. Share prices popped during the Ebola epidemic and I am including this company in my portfolio for the same as Global Pharma. This company has a higher Beta but pays a decent dividend.
  • 10% S&P 500 – (SPY) is a SPDR ETF that approximates the performance of the S&P 500 (ie. the broad market in general). I have a relatively high risk tolerance and I bought in when the market was down earlier this year. While I think the market is bound to take another dip in the near future, I am happy to be long from where I bought in and welcome a little more risk over the long term.
  • 10% Income – (DODIX) is a fund made up of intermediate-term bonds. This is the eminence of a previous allocation that I have not yet reallocated. In the mean time, it has performed fairly well.
  • 10% Money Markets – The remaining assets in my IRA are held in money markets. I will be doing more research to decide where best to put these funds. Between this and the other 10% income allocation, I have sufficient liquidity to take on new investment opportunities during the summer. I have a feeling the market might go on sale soon with all the Brexit, U.S. elections, and Fed-rate-hike shenanigans going on.

I will likely be making some changes in the not too distant future. 

Financial Preparations for an International Life

If you want to live abroad or work abroad, I am sure there are countless professionals and human resource people that would be happy to help you prepare your finances for the move. If you don’t feel like paying for the help or don’t work for a company that provides it, you may have significantly fewer options. I have decided to put together a list of things that I have done to prepare for my move abroad with the Peace Corps. I hope that these things will help other people that are more limited in there resources.

  1. I opened a bank account that reimburses all ATM fees. I opened an Aspiration Summit Account. It is a mastercard so you can use it like a credit card as well as an debit card. This is a phenomenal, transparent new company that offers 1% interest on deposits over $2500. As a client you can choose to pay them any fee that you want for the services you receive (You can choose to pay $0). All ATM fees are reimbursed at the end of the month and they allow mobile deposits. The charge a 1.1% fee on international withdrawals but since the ATM fee is reimbursed it is still less than almost any other bank’s fees for the same transaction.
  2. I opened a credit card that has no foreign transaction fees. I got a Capital One Quicksilver. It is a VISA, so almost anywhere that takes a credit card will take it. Credit cards are also great last resort if you are in a pinch. This card offers a flat 1.5% cash back rewards program, which is nice too. I recommend using the cash back to offset purchases, as there is no point in saving up reward dollars since they do NOT earn interest. This is especially true if you have opened the checking account described in number 1. (This is true for any rewards program.)
  3. I also have had an American Express Gold Card for similar reason as the Capital One Quicksilver. There are no foreign transaction fees. Amex has outstanding customer service especially if you travel a lot. I have used Amex for several years and been very happy with them. The reason that I got the Quicksilver was to have a different payment option since many non-touristy businesses do not take Amex since it is so expensive to accept. This card has an annual fee after the first year but the points pay for it if you use it. I really have it for the safety that Amex provides and the credit limit flexibility.
  4. Took my student loans out of deferment. As a Peace Corps volunteer, you are entitled to defer your loan payments. If you do not expect to have significant other income aside from your Peace Corps income, it would be a good idea to simply sign up for an income-contingent repayment plan (ICR). Odds are your payment will be zero or near zero and you will still have qualifying payments for the federal forgiveness program.
  5. Set up auto payments for my student loans. These will be my only recurring obligation while I am abroad. I would recommend automating any mandatory recurring payments though just in case you forget or do not have internet access while abroad. While I am not actually obligated to make payments, it is a wise idea to at least cover the interest incurred so that your loans aren’t growing. I pay a nominal amount above the amount of interest being charged just so that I am at least picking away at the principal.
  6. I rebalanced my IRA. I do not know how much time I will have to adjust my investments while away so I figured I should make sure I feel very secure with my investments while I have the time. I love ETF’s for the diversity they offer, their low management costs and their general liquidity.

The Medical Clearance Process: Part II – The Tasks

The whole process kicks off 200 days before staging. Unfortunately, you only have 60 of those days to pack in more medical visits than you have probably had in your entire lifetime.

My family took an if-it-aint-broke-don’t-fix-it approach to healthcare when I was growing up. This probably explains why prior to the medical clearance process, I had not seen a doctor (except to get a new glasses prescription every other year) since I was a kid. It took me a little bit of asking around to find some good doctors, and a little bit longer to find some cheap alternatives. But here are the lessons I learned:

  1. Use the email message system in the Medical Application Portal (MAP) for any and all question you might have. You are assigned to one nurse who handles your application. I had a lady, named Mary, who was extremely helpful. I had about a billion questions and she put up with me, so shout out to her wherever she is.
  1. Public Health clinics are very useful for getting shots and blood tests. They can be a lot cheaper than a physician. Also if you are in New Jersey, Walgreens apparently does Yellow Fever Shots. I would still try the public clinics though. The nurses/doctors at the clinic that I went to were wonderful. I found that people at these institutions get very excited when you tell them you are going into the Peace Corps.
  1. Print out all of your forms from MAP and keep everything in a folder to bring to all of your appointments. You don’t want to lose things and waste time trying to get new copies filled out when you are on a time crunch.
  1. Make sure you understand your insurance. Talk to your provider’s customer service as well as your doctors office. Apparently, proactive blood work is often not covered by insurance since it is not used to diagnose an actual ailment. If you can get it all done within an “annual physical” though, I think it can be all lumped-in and covered together. I talked this over with my doctor and explained my financial situation. In the end, I ended up having everything covered by my insurance company as one claim. That might be only my unique case but it is worth checking out if you are on a budget.
  1. Get itemized receipts if you want to be reimbursed by the Peace Corps. Keep each receipt with each form so that you can easily send the Cost Share Form for each task with its receipt. Again, staying organized and keeping all this stuff together will make the whole process easier.
  1. Don’t forget that you can just take pictures of documents on your phone and email them to yourself. If you are like me and don’t have a scanner at home this will also save time when it comes to uploading everything onto the medical portal.

I’m sure there are some other tips that will come to me later, but those mentioned above are the most important.

 

 

 

 

The Medical Clearance Process: Part I – HHF

After completing my medical clearance, my post-clearance survey proposed the statement, “The process was transparent,” to which I accorded a “no opinion”. It was as close to a synonym for “marginally opaque” as I could find on the standard Likert scale offered. That being said, I would like to add a little clarity to the process.

The first order of business is the Health History Form (HHF). This is something that must be completed immediately upon applying as a volunteer (Before the medical clearance process even begins). It is extensive and broken down into sections corresponding with specialized medical fields (eg. dental, pulmonary, etc.). Most of these questions ask about any recent conditions or incidents relating to each particular area of your health. This form is important for three reasons.

  1. It will be used to determine where you will be allowed to serve. If for instance you have a type of respiratory issue, you likely wont be able to apply to countries with serious air pollution.
  1. It will determine the number of tasks that you must complete during the actual medical clearance process. The actually process does not start until 200 days before service. Once you have passed the 200-day threshold, the medical portal will populate with tasks corresponding with your HHF answers. For example, I had an eye surgery and in my form said clicked “yes” to having had recent eye surgery. One of my tasks was then get a note from my doctor saying that there was no further treatment or concern.
  1. Your physician must sign this form when you get your physical. Every applicant must have a full physical as one of the minimum required medical clearance tasks. The physician will have a full form to fill out but also must sign off on the HHF form that you submitted upon accepting your invitation to serve. So it would be ill advised (not to mention, unethical) to lie on the HHF in order get into a country where you want to serve.

In short the HHF, although not actually part of the real medical clearance process, determines the structure and breadth of the process. This is something I would have liked to know before hand. In the second half of this post I will address my experience with the actual tasks and give some tips.

The Semester to End All Semesters: Quick Update (to be expanded upon . . . )

So, I will admit that starting my Peace-Corps-travel-business-life-whatever-you-would-like-to-call-it blog right before my last semester of college was a premature and overly ambitious venture. That being said, outside of the blogosphere, I have been quite productive:

Graduated: √Ben and Mom Graduation 2016 2

Taken all four parts of the CPA Exam: √   (last grade pending but so far 3 for 3)

Submitted information for Peace Corps Background check: √

Obtained Medical Clearance: √

Started to prepare for PC service: √

Started to get equipment and supplies for PC service: √

Thought about running away on a sailboat for the summer and resisted the urge: √

Spent quality time with family: √

Got a gym membership (turns out studying at a desk for several years straight really takes a toll on your fitness): √

Now, to make this a little bit more feasible for you and me, I am going to try to do this blog-thing in smaller, more frequent posts. Someone (everyone really) has told me that this is a better idea.

So, in my next blog I will talk about my experience with the Peace Corps’ medical clearance process! Heads up, it includes more shot than Cinqo de Mayo! Get stoked!