#CashIsKing
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Will Warren Buffett's massive cash reserve at Berkshire Hathaway signal a forthcoming economic downturn? Find out more, "Is Buffett Predicting a Recession? Decoding His Latest $19 Billion Cash Hoard"
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ATM Adventure Time! Find Cash in a Flash!
Ever find yourself on a spontaneous shopping spree and suddenly need some cash? 🛍️ Or maybe you're planning a late-night adventure and forgot to hit the ATM during the day? 😅 No worries!
Check out nearbyatms.com to find the closest ATM to you in a flash! 💸💥 No more wandering around aimlessly or worrying about carrying cash. Just enter your location and boom—cash is within reach! 🏃♀️🏃♂️💨
So, whether you're headed to a concert, planning a trip, or just need to grab a quick bite, let us make your cash quest a breeze! Give it a whirl and share your adventures with us! 🤑💖
#ATMFinder#MoneyMatters#CashOnTheGo#CashIsKing#ExploreTheCity#LateNightAdventures#ShopTillYouDrop#TravelSmart#BudgetFriendly#Convenience#SpontaneousAdventures#UrbanExploration#FindYourWay
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Secrets of money that every man must know
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Outraged shoppers call for Asda 'boycott' after supermarket announces cashless plans (msn.com) cash is king, boycot asda
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PMX setuju subsidi diberikan secara tunai kepada golongan sasar..
DSN dah pikir n buat dulu lagi.. tp masa tu ada org ckp bagi dedak..
Kajian DSN mengatakan subsidi lebih sesuai diberi secara tunai. 😊
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Under Contract! #TheMezzacappaGroup #KWLonestar #KellerWilliamsLoneStar #realtorsofinstagram #insta #instagram #offmarket #queenofoffmarket #yournextrealtor #Texas #Georgetown #cashisking #Netcodoll (at Harker Heights, Texas) https://www.instagram.com/p/CobGpxWMetS/?igshid=NGJjMDIxMWI=
#themezzacappagroup#kwlonestar#kellerwilliamslonestar#realtorsofinstagram#insta#instagram#offmarket#queenofoffmarket#yournextrealtor#texas#georgetown#cashisking#netcodoll
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Why CA$H is still relevant?
Introduction
Cash has always been a constant and it seems like a rather obvious and reliable option for transactions. However, with the outbreak of the COVID-19 pandemic in 2019, the usage of digital means of transactions was observed to take a hike. This further led to the demise of cash as a form of payment and was replaced by cashless payment methods. Even at a global level, digital transactions came into full play. Electronic transactions were always viewed as making carrying significant quantities of cash unnecessary because they are quicker and simpler to use and they just got highlighted further starting in those times. Now, they are the most popular payment method for larger payments and currently make up a larger percentage of payments in value terms than cash. This includes the usage of cards and other apps for the same.
In this context, the World Bank and Gallup, Inc. collaborate every three years to generate the Global Findex database, which examined how people in 123 economies used financial services in 2021. According to the said Global Findex 2021, some regional overviews were turned.
Starting with East Asia and the Pacific, 89% of adults in China have a bank account, and 82% of those adults have used it to pay for goods and services online. In the rest of the region, 23% of adults completed digital merchants payments, 54% of them did so for the first time since the start of the COVID-19 pandemic, and 59% of individuals have accounts.
Since 2017, the percentage of adults in Europe and Central Asia who possess accounts has risen by 13 points, reaching 78% too. Around 75% of adults utilized an account to send or receive a digital payment, demonstrating the widespread use of these transactions.
With the highest rise in account ownership among developing world regions (up to 18 percentage points since 2017), 73% of people in Latin America and the Caribbean now have an account as well. A significant part is played by digital payments, which were used by 40% of people to make purchases from merchants, including 14% of adults who did so for the first time as a result of the pandemic. Additionally, COVID-19 sped up the adoption of digital technology for the 15% of adults- more than double the average for developing countries- who paid their first power bill directly from their account during the pandemic.
Why is cash still relevant then?
Although Covid has had a long-lasting effect, resulting in some permanent alteration in payment patterns in favor of digital alternatives, we find that cash use has proven resilient- perhaps shockingly so. Two years after the pandemic began, there has been a partial recovery in the transactional use of cash as aforementioned, and the value of NIC (Notes In Circulation) is still high.
In today's digital age, cashless transactions are becoming increasingly popular. From credit and debit cards to mobile payments and online transfers, there are a plethora of ways to make purchases without using physical currency.
However, it's important to remember that cash is still a valuable and necessary form of payment.
For instance, in India, since the demonetization in November 2016, wherein banknotes of 500 and 1,000 denominations were banned, currency in circulation has increased almost by 83% as in December 2022.
Key reasons for the relevance of cash:
For one, cash transactions can be faster and more convenient than digital ones. There's no need to wait for a card to be approved or for an online payment to clear - cash can be handed over and received instantly. Additionally, cash transactions don't require a reliable internet connection or a fully charged phone, making them a more reliable option in areas with spotty connectivity.
Cash is also important for those who are unbanked or underbanked (Conlis Solutions can help here). Not everyone has access to a bank account or a credit card, and cash is the only option for these individuals to make purchases. Additionally, cash can be used in situations where digital payments are not accepted, such as small, local businesses or street vendors.
Furthermore, cash provides a sense of anonymity and security that digital transactions do not. When using cash, there is no need to provide personal information such as credit card details or bank account numbers. This can be especially important for those who are concerned about privacy or identity theft.
Using cash can help people stick to a budget. When you pay with cash, you can physically see the money leaving your hand, which can make it easier to keep track of your spending. With digital transactions, it can be easy to overspend without realizing it.
Cash is the most inclusive form of payment, it is accepted everywhere and by everyone. Many people, particularly those in low-income communities or developing countries, do not have access to bank accounts or other digital financial services. Cash is an important tool for financial inclusion, as it allows these individuals to participate in the economy
Not everyone has access to the technology or infrastructure required for digital transactions. This includes people who live in rural areas, older adults, and those without smartphones or bank accounts. Cash is a universally accepted form of payment and does not require any special equipment or internet connection to use.
Conclusion
Despite the pandemic and digital payment methods, cash remains relevant. It is still considered a veritably dependable source of payment and may even be considered as an ultimate source of payment, in its storage value.
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Sparen und investieren ist wichtig. Aber ich möchte mir auch jetzt schon ab und an etwas gönnen. Daher gab es die letzten Tage etwas weniger Content, es wurden die Koffer gepackt. Und die nächsten zwei Wochen wird es auch ruhiger sein. Ich genieße den Urlaub. Euch einen schönen Sonntag und eine gute Handelswoche! Liebe Grüße von Mallorca (Entspannen, kein Ballermann) 🏖️☀️🌊 #norddeutsch #norddeutschinvestieren #mallorca #calamillor #urlaub #aktien #aktienmarkt #bärenmarkt #bärenmarktrally #bearmarket #cashisking #crash #depot #dividends #dividendstocks #fundamentals #investingeducation #nasdaq100 #investing101 #sp500 #performance #stockstrader #stocktrading #passiveincome #investmentstrategies #stockstowatch #buythedip #buyandhold #investingforbeginners #investandearn (hier: Cala Millor, Mallorca) https://www.instagram.com/p/Cf0zvnss2cb/?igshid=NGJjMDIxMWI=
#norddeutsch#norddeutschinvestieren#mallorca#calamillor#urlaub#aktien#aktienmarkt#bärenmarkt#bärenmarktrally#bearmarket#cashisking#crash#depot#dividends#dividendstocks#fundamentals#investingeducation#nasdaq100#investing101#sp500#performance#stockstrader#stocktrading#passiveincome#investmentstrategies#stockstowatch#buythedip#buyandhold#investingforbeginners#investandearn
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#CashIsKing Let's make this trend cool, trendy, the fun thing to do. Use CASH whenever possible. The 1984-Utopian Control Freak Socialists hate cash because they have trouble tracking it.
Sure it's inconvenient, but a lot less inconvenient than having the government freeze your bank account China-style.
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Banks REFUSING people bank accounts | 'Let this be a warning to all of u...
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#CashIsKing should just be the official f1 motto at this point. at least it would be accurate.
#‘we race as one’ fuck all the way off#@ the fia: DEVELOP SHAME. DEVELOP BASIC HUMAN DECENCY.#japanese gp 2022#f1#rambles
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Yeeaaahh…After watching Domenicsli’s interview with Sky I’m not so sure F1 will back the drivers about the political ban after all.
He’s speaking with two tongues and I fear that as always #CashIsKing
#hell I don’t even have much faith in the drivers backing themselves but we’ll see#winter break 2022/23#f1#F1 vs FIA
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