Money keeps shrinking!

Me I have an advantage because our currency has hit 100 against a dollar which means if I have 100 dollars in my paypal account and exchange it into our local currency then I will have roughly 10,000 Shillings which is a good sum of money. You know, inflation does not take forever, so it will go back its original value when compared with a dollar.

I know that the dollar value keeps going down. But I use my online eanings mostly for vacations so I either take it out to pay for my timeshare unit or I leave it until I have enough to withdraw to my international credit card that can only be used in another country.

I use the money on my Paypal to increase my bank account balances. My bank really depends on money rolling in and out every day, as there are about 100 transactions each day. Even the slightest variances of figures may cause my balance to become negative. So in order to prevent negative balances that result in fines, I transfer my Paypal balance over to a savings account and allocate more money to checking account balances when needed.

maybe if its getting bigger enough, then withdraw it in a bank so that it earns a positive interest while your money keep it in trusted bank..... there are several banks that are getting scam (immediately closed without a notice or warnings) so be better choose the most trusted bank of all....

Well, in my paypal account I have nothing in it. Right now, all my allowances that I'm earning online just remain on the actual website, I haven't even received my first payout on anything Like on Mylot, I have made over $10 but I haven't asked for a payout yet because it's in US dollars and right now the US dollar isn't very strong. So I'm saving up until the US dollar is strong again and then I'll pay out I don't know if that will work but lets just hope the it improves. When I see my money getting high and higher, I just want to keep watching it grow, I don't want a payout just yet.

Gosh as i read your comments here i was little encourage the be active here in mylot. since it was my first time here i really wish i can earn as many of you guys.. Hmmpp I am so excited to have my first payment here.. I cant wait to have how much i can have..

I use my money I get to my paypal for things I really want. Things I don't need but things for myself. Like Ipods, laptops, etc. I am trying to save my money to get the new Dr Dre laptop that cost like around $1,000 (or over). I think I could get it if I save my money I get from the online making money sites I joined and of course a little from the money I get from working.

Hi there, I usually withdraw it by sending the available balance to my bank account. Or I sometimes purchase stuff online. I've noticed the dollar exchange too, its value is getting smaller which is kinda sad.

Yes, the amount of US dollars is getting smaller and smaller. But I'm still hoping it will increase again. I'm planning to still keep my money in paypal.

Why not transfer your PayPal balance to your bank account? I myself use my PayPal balance towards investments in company shares, money market and soon to help with some small property purchases. PayPal also has an interest rate for Americans with their balance which is cool. What do you use your PayPal balance for?

very true.day by day dollar rate is going down.it is better for us to convert the dollar to our local money.if we want we can spend it and buy whatever we need.otherwise we can put that money in bank account for later use.

Yes, I aware that dollar value is getting smaller because of inflation. Well, actually all currency in the world will get smaller value each year because of capitalism system. I simply can't understand why they keep that system. Well, as for me, as soon as I reach $20 - $30 on my Paypal, I'll go transfer it to my local bank. And then I'll spend it for things that I need .

So far I haven't make enough cash on my paypal account. In case I have cash on my paypal, I will definitely buy things that I will like. Yeah US dollar always go down on value almost everyday. So do not keep a large sum $ on your paypal account for long. You will lose money through exchange rate.