Quote:
Originally Posted by V_RocKs
I make to much money to feel the effects...
If I made $50,000 a year I would feel some effect. If I made $32,000 I would definitely feel it. At my present income level I don't even notice.
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It's fine if you have money to put away, but for those outside the USA a fairly minor change by a few cents may actually be a much larger change in relative income.
For example...
30 days ago the AUD was at USD 0.83. $USD10000 = $AUD12,048
Today it's at USD 0.90. $USD10000 = $AUD11,111. A $937 difference.
That effectively means I'd have to GROW my income by about 8% in a month just to have the SAME amount of cash in my hand.
This affects my income (less of it) and ultimately lifestyle (more work needed to make the same $)