I always do my best to earn but the value of money I am earning is decreasing

money - money is a medium being used to purchase goods and to pay for the rendered services.
Philippines
November 30, 2012 12:33am CST
Good day Fellow Mylotters, I always do my best in making extra money. But, what matters to me, due to the continuous decrease of dollar exchange rate, the value of money that I am earning is also decreasing. Though I am earning pretty good but, the moment when it was transferred to PayPal, the value that corresponds to peso equivalent decreases. I really don't know what to feel. Whether I should be happy because I was able to get good extra money or shall I just sit back and ignore the decreasing value of the exchange rate. Why like this.
4 people like this
19 responses
• Hyderabad, India
30 Nov 12
hahaha so u can earn more money by doing work don't try to get depressed very much
• Philippines
30 Nov 12
that is one thing that i am avoiding, to feel the depression. if ever i think i am nearing to that situation, i will just take my cup of coffee first just to feel relax.
• Hyderabad, India
30 Nov 12
say u r money making process to me i will share u r work and depression
• Philippines
30 Nov 12
that process is not permissible here. better to tackle and discuss those over a private message.
@Angelpink (4022)
• Philippines
30 Nov 12
Don't worry this is but a natural thing just keep on writing so earning will increase , who knows next day or month exchange rate will go up and you have no choice but to be happy with it. So wear that smile now !
• Philippines
30 Nov 12
that is one thing i won't forget, and that is to smile. hence, i believed if you smile often, the world will also smile at you. aside from that, if we smile too often, life seems to be lighter and becomes easy to deal with. though this situation happens, i see to it that my smile is still visible in my aura.
• Hyderabad, India
30 Nov 12
hi anglepink how r u
@Angelpink (4022)
• Philippines
30 Nov 12
Rajas , good you joined in this discussion.
@jeztrose (1405)
• Philippines
30 Nov 12
Don't be disappointed about it, you must be happy having those extra money from your hard work, though it sounds kinda sad that the value of peso is too low but just think that it still a money and money really matters whatever the value is.
• Philippines
30 Nov 12
you have explained it well. after all, it is still an extra that can add up to savings.
@jeztrose (1405)
• Philippines
1 Dec 12
Yeah!! i hope i can reach my first payout,i will really feel great about it. Though it is not that big but still i can really say that i worked for it!! :)
@Mavic123456 (19360)
• Thailand
30 Nov 12
Yes, it is called tax... (wait are you referring to tax?) It is just normal in either way you have no way to send your money if not thru paypal. How about the equivalent of it to Western Union. Yes, just be happy and enjoy the time while it is there. Never mind the decrease, if your money decreased by 2x ours decreases by 6x. Just difficult time today... wherever.
• Philippines
30 Nov 12
Hi there Mavic123456, It is the exchange rate of dollar into peso that I am referring here. As the days goes by, the dollar exchange continuously decreasing. And this makes me sad.
@Mavic123456 (19360)
• Thailand
30 Nov 12
Ahhh yes, if dollars are down, the currency we are not earning (different currency and not peso) will surely follow. Now the more our money had decrease the value.
• Philippines
30 Nov 12
I surely understand what you're going through especially with the dollar hilariously decreasing. It's indeed a sad fact but I tell you, it's merely inevitable. For us, who works from the other side of the world, it really affects us greatly. However, what makes it a good thing is it inspires us to work hard more and do the best out of what we can ferret from ourselves. We should also be thankful that we are earning despite of these kind of instances. Lastly, doing this kind of specialization requires passion and not just the urge to make money.
• Philippines
2 Dec 12
good day to you, what you have written in your response is really true. and passion is one of the important factor.
• China
30 Nov 12
As you said, it's extra payment for you, so why unhappy? It's a extra wealth out of your work, so should be happy to get it. About the decrease, the world enconomy is descreasing, so it's fair for each one, just enhoy the happy, heheheh!!!
• Philippines
30 Nov 12
though it was an extra earning, it really matters to me since i am not earning that much on my offline gigs. so it really makes an impact if the exchange rate goes down.
@fantabulus (4004)
• India
30 Nov 12
I check today and dollar rate is 54.44 and read the news it may fall down till 52. I not spend my time on online work so no stress about dollar rate or mylot earning money.
• Philippines
30 Nov 12
hi there, besides online, i am also engaged doing offline task. and you have a point, we should also be focusing on some offline task, maybe to add more earnings.
• Philippines
30 Nov 12
WEll,Same here but it is expected that during December Peso has a higher value than dollars because of the OFW remittance.just Like now dollar rate in paypal is only P40 point cents only now.
• Philippines
30 Nov 12
oh my, it seems like the exchange rate is really going down.
• Philippines
30 Nov 12
I guess that's good for our economy, right? But when we convert dollar to peso, it will get small. Oh, I hope the exchange rate will go up even a little. Just keep on working hard. Who knows the rate will increase sooner than we think. Happy mylotting.
• Philippines
30 Nov 12
hi there, i can't really say if the economy is getting good though. the dollar exchange rate is decreasing but the prices of commodities are not decreasing. as an effect the peso purchasing goes down. so we need to spend more just to buy a small stuff.
@betty1989 (752)
• China
30 Nov 12
you should be happy that you can earn extra money for yourself. participation makes us happy and share our own experience. What we care is not all about money, but joy you gain. right?have a nice day. decreasing of dollar exchange rate will not affect your mood if you enjoy the mylot.
• Philippines
30 Nov 12
hi there betty1989, i do really enjoy all of the things that i am doing. however, it somehow annoys me that the fruit of the hard work that i have done seems to be decreasing in value the moment i have transferred and exchanged them. though i was enjoying the things yet the outcome seems to disappoint me somehow.
@asliah (11144)
• Philippines
22 Jan 13
hi, here in our country having a gradually good economy and the value of our money getting have more value,but the sad here is those who work abroad who earn dollar because the exchange rate become more lower and lower so even i have many dollars it will still have low amount when it will change in peso.
2 Dec 12
I have a similar problem with the weak dollar against the British pound. However, if it were not for the U.S. we would not have many of these great little earning opportunities so, for that,we should be grateful. We are all in an economic slump but things can only get better, however long it may take.
@mzz663 (2773)
• United States
30 Nov 12
I don't htink there is a lot that can be done about it, we all seem to have the same problem! Hopefully one day soon things will change and we will all be happy with our accounts!
• United States
30 Nov 12
Hello airasheila, I'm not sure what to say about the exchange rate. There doesn't seem much we can do at worker level about those things. However, not knowing what you are already doing for your primary and secondary revenue streams, I would still lioke to offer a few recommendations: ContentCurrent, Textbroker and Yahoo!Voices. If you are able to write US/UK/Australian English, and write decently, then you can do well with these freelance writing sites. They all pay via Paypal, as well, so it keeps you web-based and portable, whatever life may bring. Best wishes! :-)
@natliegleb (5182)
• India
30 Nov 12
dont ever worry about money and its fluctuating rate,just need to focus more on the game and also how much hard work we put in,i am sure one day it will bounce back to normal value money
@narnia007 (1051)
• India
30 Nov 12
This is a sad news for all online earners as most of us are dependent on US money.Though I am proud that my country's economy is being boosted,there is always some despair that my online earning is coming low.My country's currency rate increased by ten points and hence my earnings was increased by a decent amount.Now it has reduced only 1 point ans thus I don't have much of loss like the people in Indonesia.
@choybel (5054)
• Philippines
30 Nov 12
It's normal to feel this way. Anybody would not feel good when he/she notices that his/her earnings is dropping, but this is one of the cases that we really can't do anything about. I think that the best attitude towards this is to look at it on the bright side. We are still earning, right? And that's just a blessing right there. With the economy today, any amount earned is better than nothing at all. With regards to the continuous decrease of the exchange rate, there are a lot of factors to consider there. One and mainly it is the economy of countries involved. There are other factors as well. I can't really explain it because I am not really an expert but somehow I understand some of it. If you want to, maybe you could just wait for the value to go up again and then do the cash transfer at that time. I don't know though if it would work in Paypal that way.
@kokomo (1867)
• Philippines
30 Nov 12
You must not feel bad about it. Just be happy that despite of decreasing the value of Peso, it helps a lot in our economy. Just strive hard to reach your target.
@surekharathi (14134)
• India
30 Nov 12
Dear friend now dollar rate is high 55.44 therefore I am trying to complete 10 dollar in mylot but hard to complete because need 1.50cents and not possible in one day. Today is the last day of month.