Not Only Filipina but Many Foreigners are Scamming

So often we hear of how many of the Filipina are out to scam you.

We hear that from guys living in the Philippines, we hear it even more from the guys that pretend to live in the Philippines. :)  After they way some of the guys they meet have treated them, what do you expect? Many of them long ago lost faith in us too.

There are many men lying to and taking advantage of the people of the Philippines and other expats as well.

For more information on this idea, read liying expats living in the Phlippines.

Factors that Affect the Dollar To Philippine Peso Currency Exchange

With all the politics and debate going on in Washington, there is a lot of interest in the dollar's world wide exchange rates.

For expats, the value of the dollar is more important to our day to day lives.

Those of us living in the Philippines have seen a huge drop in the dollar's value over 

 

the last couple of years.

For some, this forces them to cut back on their day to day needs. For others it cuts back on our travel and fun.

There isn't much we can do about the pesos to dollars rate of exchnage but understanding the reasons can relieve some frustrations.

To read more about what factors effect the dollar to Philippine peso rate of exchange read this article.

 

 

Send Money To PI

How to get your money if you're living in the Philippines and how to send it to your loved one if you're living outside the Philippines

See this Amp at http://amplify.com/u/a1b8bz

S&P Credit Rating Downgrade and American Expats

So far, the downgrade of the USA's credit rating seems to have caused the dollar to rise in value.

In the long term, the effect is still unknown.

If the stock market continues to plument, the Fed will likely start printing money again.

But printing money causes oil prices to rise which hurts growth. Growth is central to a caplitistic economy. Without growth, the economy will die.

To find out more visit Living in the Philippines.