Dollar vs. Euro

Today, the dollar continues to fall for the second day in a row to a new all time low against the Euro. Currently, $1.00 is equal to .71 Euro cents.

What’s this mean?
If you live in America really nothing unless you are going to purchase a European manufactured product.

If you’re going on vacation in Europe, plan on spending 29% more money for your European based expenses. On the other hand, if you are a European going to the U.S. on vacation, going is even a greater bargain then ever before.

European Missionaries
For overseas missionaries living in Europe, it simply means that we loose .29 cents on every dollar of support we get from the America. Our buying power gets less and less as the dollar continues to fall. Our cost of living does not go down, only the power to purchase.

When I came here in 2002, the dollar was nearly equal to the Euro or at least worth .98 cents. As with the rest of the world, Europe’s cost of living slightly increased over time just like the rest of the world.

Thank You
If you are sponsoring a missionary living anywhere, God bless you. If you are supporting a missionary living in Europe, consider an increase in your giving to compensate for the sliding dollar. I and my fellow missionaries here would really, really appreciate it.

If you haven’t supported a missionary, then prayerfully consider it. You have no idea how even the smallest donation can have an impact on our finances. Combinations of small consistent contributions have a powerful positive end result on our budgets.

Besides all of this “natural financial stuff”, our Heavenly Father WILL bless you back for your joyful giving to the spreading of His Gospel. He will and does take care of our every need, if we live on His economy instead of the world’s economy.

Thank you to my faithful supporters. I can not do it without you.

God bless you in every way,

Lawrence