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Digital Currency - Cashless Society and Future of Money

  What can replace cash? Due to lots of innovation in this 21st century, nothing seems impossible around the globe. Reality is in front of us, as money will strip off its tangibility and cryptocurrency will appear out as individual units for virtual exchange. This requirement can be fulfilled with the help of Internet, iPhone or any Android-Gadget. Cashless transactions are practiced globally. Various countries like India, Sweden, and Belgium etc... have taken a back step from paper currency. Sweden has an objective to become the first country in terms of cashless economy. Two years ago, demonetization took place in India and most of the population in Belgium does their payment through cards or mobile phone apps. Even, there is a creation of law to limit the cash transactions up to a certain amount. The capability of digital currency Exchange There is a great opportunity for everyone to invest in tokens. The waves related to Cryptocurrency may give an allowance to receive the tokens w

Save your money

It has been said....."Save for the rainy day". Yes..money is the mostly needed thing to run our life smoothly. You need to save your money to lead a happy and worry-free future life. You never know when life will make you stand before a serious challenge. It's a wise and nice idea to save your money for future to meet the upcoming needs, to commit the responsibilities and to maintain a contended life.

To save your money first of all you need to stop spending more than your earning. To set up a financial goal, firstly set up a budget A budget planning helps a lot to keep one's spending compatible with the earning. Personal budget planning to save your money is the most important skill to plan a better future life. "If you fail to plan, you plan to fail"...do not forget this. Simultaneously try to make more money. You can opt for some part-time jobs. To get a large amount try for a better job with a higher payment. Sometimes excessive use of credit cards might distract you from your goal to save your money. Reduce the usage of your credit cards and make sure you pay them down in full each month. If credit card debt is another big issue for you, look for debt consolidation. It will help you to get out of debt. If you are bearing a student loan for one of the members of your family try to lower down it. Choose cheaper insurance rates to save your money if your are planning to have a new insurance policy. And if you already have a health insurance policy, transfer the total medical coverage to the major medical insurance only. Refinance your mortgage to save your money. Mortgage rates have dropped now-a-days to a considerable amount. It would be a great way to save your money as well as to earn some extra cash.

Think green and save your money. Being eco-friendly not only saves the nature and the energy, it saves your wallet too. Cut your excessive telephone bills. Also dining out too frequently ruin your credit. If you are in a tight financial situation due to a big loan or a credit card debt, then you should learn from your current situation and be prepared for your future saving plan. When your debt will be paid off, transfer that fixed amount to your emergency saving fund. Believe me, it would not be hard at all, as you are already habituated to maintain your life without that amount of money. This practice will surely save your money and you will be free from the stress of getting into debt once again.

Control your money, do not let your money control you. If you are facing downturn at present, do not give up. Save your money. Start saving from today, because "a penny saved is a penny earned".

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