Blogging Harder for the Money – The Fall of the US Dollar

Yesterday I was interviewed by an Australian Financial Review journalist about how the falling US dollar is impacting my business. There’s not much to say except that:

  • 95% of my income comes to me in US dollars.
  • 5 Years ago when I started experimenting with blogging for money the US dollar bought about $1.80 AUD.
  • Yesterday it was buying about $1.11 AUD (approximately a 40% reduction)

Exchange-Rate

I’m no economist – but I know I’m working a lot harder to earn the same amount of money these days.

Chart Source

About Darren Rowse

Darren Rowse is the founder and editor of ProBlogger Blog Tips - Digital Photography School - TwiTip Twitter Tips - FeelGooder. Learn more about him here and connect with him on Twitter at , Facebook, Google+ and LinkedIn.

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Comments

  1. Chad wick says:

    I was just getting caught up on ProBlogger in my bloglines when I came across this article…

    Man, this really hit home for me too. I am living in Australia running a free myspace layouts site with 90% of income coming from US.

    Thanks for the reminder Darren of just how low it has sunk – OUCH!