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How to get by on a Shoestring in Costa Rica: The Story of Banana Bread Steve

November 14th, 2005 Posted in Articles, Living in Costa Rica

This purpose of this article is to show one person’s resourcefulness and courage in the face of adversity. The author is not advocating moving to Costa Rica with little or no money.

About three years ago I met Steve who had lived in Hawaii for many years. He moved here because Hawaii had become very expensive and he wanted to make his early retirement “nest egg” go farther. Steve had always been used to living frugally and in the process amassed a few hundred thousand dollars.

Within a few months of moving here Steve invested his life savings in two high interest -yielding investments with the idea of doubling his money in a few years. This was his game plan but unfortunately both of his investments went “belly up.” Steve was left with only a few thousand dollars to his name. As we mentioned Steve had mastered the art of living on very little money but had never been faced with having no resources and living in a foreign country. He knew that he would not be able to draw his pension for four more years. Steve thought of returning to the States to work and then moving back to Costa Rica when he got back on his feet. However, he became involved with a nice Costa Rican woman and had also fallen in love with the country.
His close friends provided him with a place to live for free, but he still had to find a way to generate and income. Since he was born with the ability to repair almost anything, he did odd jobs in exchange for small sums of money and food.

After a while he figured that the only way he could continue to live in Costa Rica was to start a business. Steve had one big problem; no money with which to start a business. His pride kept him for asking for a loan from friends. He started to look at local small business and do research on the Internet. It did not take him long to come up with a good idea for a small business. He came across a good recipe for banana bread and his business was born.

At present he sells he bread to tourists and his many friends in the city of Heredia where he lives. He has purchased a mixing machine, an oven and his lady friend is helping him.
Steve is a born survivor. All of his friends are sure he will continue to do well and continue to enjoy living in the country he has adopted as his home.

"For more information about this and any other topic see Costa Rica Books, Live in Costa Rica or contact Christopher Howard personally at christopher@costaricabooks.com. To learn about Costa Rica first-hand, sign up for Christopher’s Relocation/Retirement/Investment tour and highly informative two-day seminar. It’s absolutely the BEST investment you can make before making the move.” Call TOLL FREE 1-800-365-2342

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