WHAT IS PLASTIC MONEY? •Plastic money are the alternative to the cash or the standard ‘Money’. •Plastic money is the generic term for all types of bank cards‚ credit cards‚ debit cards‚ smart cards‚ etc. DEFINITION The :plastic” portion of this term refers to the plastic construction of credit cards‚ as opposed to paper and metal of currency. The money portion is an erroneous reference to credit cards as a form of money‚ which they are not. Although credit cards do facilitate transactions
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return is that you reieve a set amount of annual interest on the loan and when the CD contract reaches maturity you get your money. Fidelity‚ Wells Fargo‚ and a real life example is if a person purchases a 3-year certificate of deposit from Local Savings and Loan. It requires a minimum amount of money to invest‚ and it is a safe way to save money but it is hard to get the money out. IRA Individual Retirement Account (IRA)—a portion of a person’s income is set aside to be withdrawn after retirement
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Jeff Hateley Acct. 652.43 11/19/2014 The Ascent of Money While reading The Ascent of Money I learned that throughout the history of Western civilization‚ there has been a recurrent resentment to finance and financiers. The resentment is created from the idea that those who make their living lending money are somehow freeloading on the “real” economic activities of agriculture and manufacturing. The resentment to finance and financiers has the following three causes: Debtors have tended to outnumber
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today’s youth to be involved in individual sports‚ team sports‚ or both? "Psychological and Social Benefits of Playing True Sport." TrueSport. Web. 27 Feb. 2015. The article elaborates on how youth sport participation allows for the development of lifelong skills at a young age. True Sport continues in their article by explaining the different types of benefits that come with playing sports in adolescent years describing benefits beyond physical ones—academic‚ social‚ and psychological skills are
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David Gonzalez 9-23-12‚ Per. 6 “Evils” of Money essay The Evils of Money “Money makes the world go round!” It is a common statement we’ve all heard in our lifetimes. “Benjamins” has become an integral part of our society‚ and with the things one can achieve with it‚ it’s no wonder why so much evil has fostered from it. Since the days of ancient Rome‚ money has had some negative effects on society. It fosters greed in even the most kind-hearted individuals‚ causes them to destroy and obliterate
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Scientists often do not see the consequences which may occur by playing God. The medical practices of today’s society as come a long way sine 1987‚ but as one develops more knowledge the more experimental one becomes. What people don’t seem to understand is that it is the actions which causes the consequences whether it’s good or bad and an example of this can be seen in the film Frankenstein. The fact of humans disrupting God’s ability to satisfy their own needs is unbiblical. People are taking
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Money is an instrument that we all depend upon to conduct every facet of our lives. The allure of money is magnified by our need for goods and services that are packaged to wet our appetite to spend more. If we could be contented with having less‚ then our need for money would be decreased‚ but we are constantly bombarded with so much temptation that we have become slaves to money. The funny‚ yet sad‚ thing about our dependence on money is that we have created this monster and have allowed it to
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In India‚ the concept of plastic money caught on in the late1980s only after private sector banking came into practice. • Debit card Debit cards are upgraded atm cards branded with Visa‚ Mastercard‚or other familiar credit cards company logo. They look exactly like credit cards except directly tap your checking account every time when you make a purchase or withdrawl. They are easier‚ more convenient ‚less burdensome and offer greater access to your money than do checks ‚ATMs‚ or credit cards
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candidates. Playing sports and indulging in physical activities aids in confirming various health benefits including comfortable respiration‚ muscular development‚ bone strength‚ advanced life expectancy‚ and coronary fitness. Playing sports helps in safeguarding the body and prevents it from contracting various types of diseases like cancer. Also‚ it assists in controlling unnecessary weight gain and depression by diverting the mind in a positive direction. Some of the affirmative effects of playing sports
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Plastic money growth in India fastest in Asia Our Banking Bureau / Mumbai December 10‚ 2003 The plastic money culture seems to be spreading fast if the total transaction volumes through cards (both debit and credit) in the country for 2002 is anything to go by. Transaction volumes include both cash withdrawals and purchases made through such cards. Total transaction volumes have rocketed 103 per cent to $4.201 billion (over Rs 19‚400 crore)‚ making India the fastest growing market in Asia
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