ALL JOKES ASIDE WTF IS GOING ON WIT THE ECONOMY???

Number of posts : 63 Age : 43 Registration date : 2008-10-02

i heard today that the rate of the £1 to TT$ is 8.28 and to us$ 1.38 is anyone from the uk concerned i sure hell am as i hear from me fren in finance that the rate could drop another 10% before tnt carnival!! my trip is already eating up my money now i getting nearl $4tt less than last year at this rate! which means my trip go cost me a third more than last year if i had not got me costume free and paid for my accom i would be crying right now!! scratch

Number of posts : 20 Age : 41 Location : Arkansas Registration date : 2008-12-22

the only thing i could say is that the economy state is not going to improve right away....it would take a couple of months before it starts on its up turn.... i crying but money already spend, cyar change mi mind now

Number of posts : 355 Location : UK Registration date : 2008-09-18

No bachanalmas, I feel you. When we came last year, we got about $13 to the pound, which was excellent. We ended up spending about £400 or so, because all my husband wanted to do was lay on the beach and eat bake and shark, and we only went to one fete. Ha! Ha!

We're lucky in that we don't have accommodation or car or anything to pay for, so that's not an expense. But this drop in the pound is terrible! On the upside though, it costs less for my dad to send me money. When I was a student a few years ago, I got my allowance in $US and it was between $1.45 and $1.55 to £1. So $1.38 is amazing!

You might be better off putting all your money in Euros, yes. Steups.

Number of posts : 114 Location : London, UK Registration date : 2008-09-22

bachanalmas I just sent my mom an email telling her I going to send her money NOW because I am afraid of what is happening and as it is right now it's costing me ALOT more than I budgeted for.

Number of posts : 63 Age : 43 Registration date : 2008-10-02

Mjsbunny and mysti77
its a scary time i still gotta get my spending money sorted and this rate dropping day by day the nose dive it took from sunday to monday was unreal god knows what its gonna be like on pay day end of the month i doubt we gonnaa get more than $8TT to a £1 so im adjusting my budget to suit that and reducing my fetes i think i will only be hitting Army fete, AC, Girl Power, Bachanal Wed and Insomnia! i jus praying food aint gone up too much in tnt? pale

Number of posts : 114 Location : London, UK Registration date : 2008-09-22

bachanalmas - it will hit me very hard. I told my mom last night that I budgeted in March last year on how much I needed and saved a portion of it every month. Reached my savings target but now the money is not worth as much. I'm not even sure how much I will need as friends tell me that everything is inflated for carnival, including food.