Cash is king. It’s a short sentence or phrase oft-quoted in relation to Arab countries such as Egypt. And usually it refers obliquely to the reticence many Egyptians have in placing all of their financial eggs in the one labyrinthine banking basket. At least, that’s how they perceive it. But the truth is much of the mistrust is also a consequence of under-banking. The majority of Egyptians don’t earn enough to even have a bank account let alone something as alien as a credit card. Therefore, they’ve no opportunity to experience any of the modern-day banking benefits most of us rather take for granted. Instead, they carry on as they’ve always done, paying cash for the everyday necessities as they go along.
10 Great Frugal Christmas Ideas
Weak Dollar Investing
Currencies are closely tied to the economies and identities of countries. This is apparent in the United States, where prolonged weakness of the American Dollar has sparked debates across financial and political circles. Aside from bureaucratic issues; the strength of a currency affects wages, cost of consumer goods and national pride, among other factors. These […]
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Manage Your Resources More Effectively With More Insights and Data
This is a guest post. If interested in submitting a guest post please read our guest posting policy. Controlling Your Finances and Paying Your Debts A company that can manage its resources effectively has a better chance of succeeding. This is one of the tenets of the business world, and this is why resource management needs […]
PayAnywhere.com Credit Card Reader and App Review
As you know, long gone are days of cumbersome credit card sliders stamping paper copies for vendors and buyers. As we keep moving forward the large, stationary credit card readers bolted onto countertops are also becoming a thing of the past. If you are a business owner looking to find a quick and nimble way […]
College Students and Credit
This is a guest post. If interested in submitting a guest post please read our guest posting policy. College is the first big step away from home for many young men and women. With this new independence often comes the first credit card. Whether it’s intended “just for emergencies” or whether a student runs their entire […]