Impact of the Declining Dollar on Missionaries

Last week I introduced 5 ways to respond to a weak dollar.  In that post I mentioned that you need to identify your exposure to the risk of the declining dollar.  For many people, shifts in the value of the dollar make little difference in their day to day living. One group of people who are especially susceptible to to a declining US dollar are missionaries who are supported by churches or … [Read more...]

5 Ways To Respond to a Weak Dollar

By dollar, of course, I am referring to the US dollar.  To my Canadian readers, I would advise you to enjoy the return of the strength of the Canadian dollar.  How does a sunny vacation south of the border sound? Let me mention clearly that I am not a global economist. I am, however, a global citizen who watches the trends of several currencies.  Still, I do not know what will happen to the … [Read more...]

Cost of Living Increase | Thriving Without One

As Bob at ChristianPF reported, this will be the first year since 1975 since the Social Security Administration will not be adding on a cost of living increase.  In addition, there are numerous companies who are not offering cost of living increases.  This really is not much of a shock considering the events of the last 18 months.  One sign that the economy is recovering is that people are now … [Read more...]