I get the currency headache. Been there, done that.
For a while, I was using PayPal because it seemed easy. But those fees add up fast.
Now, I use Stripe. It’s pretty straightforward and handles multiple currencies. I still invoice in USD, but clients can pay in their currency. Stripe does the conversion.
One tip: I always add a note on my invoices about exchange rates. Something like ‘Final amount may vary slightly due to exchange rates.’ Covers my bases.
Also, I keep a spreadsheet to track everything. It’s basic, but it works. I log the invoice amount, what I actually received, and the difference. Helps me plan for those currency swings.
Don’t overcomplicate it. Find a system that works for you and stick with it. The goal is to get paid without losing your mind over exchange rates.
Invoice in your own currency. Period. Let the client deal with the conversion.
If they push back, tack on 5% to cover exchange rate shifts. It’s not your job to play currency trader.
Use a service like Wise if you need multiple currency accounts. Keeps things cleaner on your end.
Main thing is, don’t let this currency stuff eat up your time. You’re there to do the work and get paid, not stress over exchange rates. Keep it simple, get your money, move on to the next job.
Yeah, the currency chaos is real. I’ve stumbled through it too. Here’s what’s worked for me:
Use a service like Wise (TransferWise)
Set up multiple currency accounts
Give clients options, but with a slight markup
Wise has been a game-changer — lower fees, better rates.
Multiple currency accounts let me hold different currencies. I can wait for better rates before converting.
Offering options to clients is good, but I add a small percentage to cover potential swings. It’s saved my bacon more than once.
Remember, you’re not a bank. Don’t stress too much about getting the absolute best rate every time. Focus on making it simple and consistent for you and your clients.