3 Ways to Deal With a Declining US Dollar

In the cover article of the April 2011 issue of the Sound Mind Investing Newsletter, Austin Pryor shared stats that indicated that the US Dollar has fallen 14% (when compared to some of the major currencies) since the end of April 2009. You’d think that as a missionary who is paid in US funds I would have already known that, but I guess the PNG Kina hasn’t been hit as hard or I’ve been ignorant … [Read more...]

How to Budget In Multiple Foreign Currencies

Tomorrow I’ll be updating you on a new MH4C schedule, but I’ll let you know this much – every Thursday I’ll start answering a readers question (instead of Friday).  If you have a question you can contact me.  A reader asked: We are also missionaries in PNG (currently on furlough in Canada).  For quite a while we've been wondering if there are any simple-to-use personal finance software … [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...]