Tuesday, April 17, 2007

Finance gripe

So, I see from today's news that the pound has broken the $2 barrier for the first time since about 1992.

I'm not ecstatic about this. One, I get paid in dollars by my publishers and now each payment will be worth less. And two, I have a cheque from Howarth Press sitting on my desk which I need to pay into my bank account. If the value in pounds is less than half the value in dollars, and the bank charges to accept foreign currency, there's going to be nothing left.

[mutter]

Hmm. I wonder how hard it is for one person to reverse the trend? >.<

6 comments:

Cassandra Kane said...

Shame you got paid by cheque. At least if the money sits in your Paypal account you can use it to buy stuff in dollars on the internet. I hope that's how it works, anyway!

Fiona Glass said...

Yup, I know. If I'd been given a choice I'd have asked for PayPal, but the cheque just turned up without warning. And I, er, wasn't going to send it back again. LOL

veinglory said...

Solution: move to NZ :)

Fiona Glass said...

How's that gonna help??? Then I'll just have useless dollars to change into NZ dollars instead of pounds. ;)

veinglory said...

It helps because the exchage rate is favorable and the cost of living way lower--so you get 2-3 times the spending power. That's why we should start our romance & smut writing commune down there :)

Fiona Glass said...

Oooh, okay, now you're tempting me. :D