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