The 'Credit Crunch' - It's effect on me...

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.

So everyone is feeling the wrath of 'The Credit Crunch'. Everyone but me it would seem....

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!