The biggest thing that affects my Internet income isn’t advertising sales or affiliate commissions. Over the past year, I’ve see my Internet income decreased by 50% because of the raise of the Canadian dollar over the US dollar. You see, I get paid in US dollars but I pay in Canadian dollars for stuff because I live in Canada.
During the good old days when the United States was a powerhouse economy, I would get $1.60 CAD for every $1US. Then the Greenback started tanking against world currencies. Suddenly I was getting less than $1CAD for ever $1US.
In the last month, the US dollar has came roaring back. I can now get $1.25 CAD for every $1US. That means the $38K I made last month can buy $47,500 of stuff in Canada. That’s not back at the good old days level but it is heading in the right direction. Hopefully, the trend continues.
