It’s Currency Conversion Time!!
| October 22nd, 2008Quick short bloggery straight to the point today. If you do business in $US I urge you to check your current exchange rate. In Canada $1US = $1.24CDN right now. That’s massive. I remember the LONGEST time trying to convert money and either losing on the conversion or having such a small gain it was negligible.
Check your accounts both business and personal; this could very well be a GREAT time to convert some cash. I jumped on this bandwagon last week when it was at ~1.15 conversion which I’m still happy with. I would be happier if I had gamble and you might be extremely happy if you haven’t been paying attention and check out the rates today.
That’s about it; keep working hard and hopefully from home! (Wherever that is).
Rob
there are a ton of tools to help you currency convert online…Google can do it for your quickly and efficiently!
When I left paid employment (for non-paid self-employment, but that’s another story) I could count that whatever money I did occasionally earn, I would get to keep after conversion with very little being removed by taxes. A client would by $500, I knew I had close to $500 to spend. Then the $@&!* dollar forgot about gravity and kept floating upward, so that if I made $500, I really would have not much more than $300 to spend once taxes were paid.
maybe this was a good thing. Maybe it forced me to make more money. And if the dollar falls again, maybe I’ll benefit from all that resistance training.