I figured i should Blog about the effect of the current financial situation on myself, as it's likely going to be the biggest financial crisis I'll experience in my lifetime.
I have some English Credit Card debt at the moment and it would have cost me about AU$8,400 to pay it off before the financial markets went downhill. However, due to the £ crashing to it's lowest levels for a very long time, I now only have to pay back AU$6,500. That means that 'The Credit Crunch' has in fact saved me AU$1,900 (£880).
I hope some other people have benefited from the current financial disaster as much as I have.
Here's to a poorer world-wide economy, that is making me richer!
