Take a look at your monthly expenses.
How much money do you spend each month?
With these hard economic times I became frugal in my spending. I budgeted every penny earned.
Visit this link to learn about living a happy life:
Visit this link to check out the currency rates:
Moving half way across the world, I was surprised at the drastic change in my spending. I knew China was a cheap place to live, but no this cheap. I now spend on average $150 a month. This includes everything: 3 meals a day, taxi rides, shopping, photo copies and cell phone costs. There is no way that I could live on this in the States.
I was frugal before moving to China, but now I am the "Queen of Frugal." I live a simple live, and I'm happy.
Currency
Europe is struggling as well as the States. It is predicted that China will become a world power in Economics in the next 20 years. hen I first moved to China the currency rate was frozen at 6.6 RMB to Dollar or 14.6 cents to the RMB. Over the past year the rate has gone from 6.6 to 6.3. If have heard that it should work its way down to 4.5 to the Dollar. What this means for me is that I get a pay raise for just working in China. Good news for me, but bad news for my cheap life and travelers. This means that when coming from the States it will cost more to travel and live in compared to the past. Examples: Tour prices will increase around $300 or more. I like everyone else wants to invest in China, but the problem is nobody knows when the drastic growth in the RMB with happen. It may to 5 years to reach the 4.5 mark.
Visit this link to learn about living a happy life:
Visit this link to check out the currency rates:
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