Traveling with money requires a lot of thought, to ensure a great and safe experience abroad. So, what’s the safest way to travel with money when going on a trip abroad? Cash? Prepaid debit card? Traveler’s checks? Perhaps a bit of each? The safest way to travel with money is ultimately the one you decide… Continue reading What is the Safest Way to Travel with Money?
Author: cashero
What is a Multi Currency System?
In today’s global economy, companies need to trade across borders to eliminate their growth ceiling. However, once they start operating in foreign markets, these businesses will have to transact in several currencies, other than their home currency. German manufacturing companies, for example, may export to the UK, Africa, and the United States. Payments may therefore… Continue reading What is a Multi Currency System?
How Can I Exchange Foreign Currency To Get The Most Out Of My Money?
The process of exchanging currency is relatively simple. Of the many ways to exchange foreign currency, it appears that banks, credit unions, online currency converter providers, credit cards, and the forex market are some of the most beneficial ones. If you wish to save money, it’s advised to track exchange rates, plan ahead, and shop… Continue reading How Can I Exchange Foreign Currency To Get The Most Out Of My Money?
Are Wire Transfers Instant?
Only a decade or two ago, the go-to method for sending money over a long distance was to send a check. This way of doing things was often slow and unpredictable, such that debtors who had run out of excuses would simply quip ‘the check is in the mail’ to ease off the pressure from… Continue reading Are Wire Transfers Instant?
How To Send Money Instantly
Our technologically-advanced modern world has made us accustomed to instantaneous services. You can order pizza from any one of several mobile apps and have it delivered to your doorstep in minutes. Order electronics from overseas and your credit card is charged instantly. You can even call a taxi, book a flight, invest in the stock… Continue reading How To Send Money Instantly
How Long Does an International Wire Transfer Take?
There are many reasons why people have to send money abroad. You may need to make a deposit for an offshore vacation home, send a tuition payment, or send money to friends and family who live abroad. Whichever the case is, you may have considered sending an international wire transfer. Wire transfers are a safe… Continue reading How Long Does an International Wire Transfer Take?
How Fast is a Wire Transfer?
You’re a college student staying thousands of miles away from home — and your laptop has decided to suddenly die on you at a critical time, or maybe you’re strapped for cash and a day away from having your power cut off. There’s been a point in almost everyone’s life where they’re in critical need… Continue reading How Fast is a Wire Transfer?
How Much Should You Have Saved By 40?
Saving is a life skill that many of us know we should be doing more of in order to be on track for a strong financial future. Most financial advisors recommend saving three times your gross salary as the best benchmark — but that could mean very different things for a lot of people. So… Continue reading How Much Should You Have Saved By 40?
Can You Send a Wire Transfer from a Bank’s Savings Account?
Savings accounts or wallets are incredibly useful tools to assist you in reaching your financial goals more easily –regardless of whether those goals are long or short-term. When the time comes to use these tools, it’s essential to have an understanding of how they work. You may need to check with your bank if you… Continue reading Can You Send a Wire Transfer from a Bank’s Savings Account?
Why Would You Put Money Into A Savings Account?
Savings accounts are one of the most popular types of personal finance accounts out there because they are generally safe, easy, and usually provide some amount of interest as well. This isn’t to say, however, that saving accounts are for everyone. If you’re in a position to save money, however, putting some away into a… Continue reading Why Would You Put Money Into A Savings Account?