Everything We Need
Jose’s wife, Maria, was born in a one-bedroom, stand-alone home on the outskirts of Playa del Carmen, Mexico. It was a fine little home, but her father, Oscar, wanted a “real” house. So, he worked two jobs—a 60-hour-a-week factory job, and then another 20 hours or so a week as a carpenter.
Oscar saved 50% of his income for over a decade to build his family a four-bedroom house—like the ones in the better parts of town. He put half his family’s savings in a local community bank, and he tucked the other half away in a safe he kept hidden on their property.
On the morning Oscar planned to break ground on his family’s new house, the local community bank shuttered its doors, just hours after law enforcement declared the bank was running an illegal (and uninsured) Ponzi scheme. 90% of the deposits Oscar made were lost. Then, the very next day, their little home was robbed at gunpoint. In exchange for his family’s safety, Oscar offered [Read more…]