Why You Should Outlaw Credit And Debit Cards

This may not seem like a major move in becoming debt free, but it gives us well needed practice in changing our behaviors to start becoming money minded. For me this was a step that was already complete, however, for some this may be the hardest step to take because it requires them to change and become committed to a new process (Ramsey, 2012).

Money. It’s something that all of us want more of, and yet most of us aren’t equipped to make real changes in our finances so that we can have more money. This is especially true if we’ve found ourselves in debt through a series of unfortunate events. But relief does exist for this who are in debt. Additionally, there is help for those who not only want to get out of debt but who also want to eventually save and even thrive when it comes to finances. If you’ve decided it’s time to revamp and even recover your finances, these 10 money solutions will help you make sense of your finances.

Many financially unstable Americans use payday loans as a means of escape from bills they cannot afford when their low paying jobs do not provide enough for them to live on. In the article “Many states have cracked down on payday loans. Here’s how lenders still get away with it.” by Jeff Guo, of The Washington Post, payday lenders are criticized as being “a slippery bunch” but should all payday lending be completely outlawed?

It dramatic increase my self-confident and release my stress of my finance problem. Which allow me to

Statistically, in 2010, the gambling industry in Canada was worth over $15 billion dollars (Derek Miedeva)! That means that thousands of Canadians gamble each month. Most gambling is done within a casino, consisting of slot machines, poker tables, etc. Another way to gamble includes buying lottery tickets and simply making a bet with a friend. People who gamble take a chance. Most times they take a chance involving money or tangible objects where each can either be lost or won. Most people think of gambling as a fun way to spend and evening out, when in reality gambling has become an everyday problem for those who become dependent on the game. In the media, it is always brought to the attention of the public when someone has won the million dollar jackpot or strikes gold at the casino. What is not brought to the attention of others is how sometimes the gamble can take over someone’s entire life. Gambling should be made illegal due to the possibility of adapting an addiction, leading to strains on the human body, the raise of crime and violence in one’s life, even though the gambling business provides economic and social benefits.

Thinking of the other things I can do with the money, and others wants I can fulfill; such as new weather shoes or the latest trends. Sing makes really good argument, within the book that is very successful in having me re-think my approach, to

As I keep my spending records I can clearly see what I spend money on. Sometimes it’s in things that I do not need and that instead I should save. One of my financial goals is to start an emergency savings fund that I could use in the case of any extreme emergency or just save as extra money for retirement. Finding aspects of my life where I can save extra money is something accessible through the data of spending records. As I save more money I could look into investing more, possibly in stocks. This makes spending records important in my investing future and financial goals.

Here’s why: Every time I pull that debit card out, I take a risk. Just a week ago, I left it at a Chicago coffeeshop; when I returned an hour later, the barista handed it to me. I had no idea I’d even left it there. That barista got a nice tip—she was an honest person. But what if not?

puts you in a situation where you can’t spend money the way you want to. It gives less

You will no longer have to spend hours planning for all of your different bills, estimating how much money they will require. Instead, you will only have to worry about one predictable monthly payment, leaving you with more time to devote to work, family, and

The nurse would not assume that the child is in any danger by just noticing that Angie has a cast on until the nurse recognizes the other factors from Angie and her mother. There are many children that are thin and eat all of the time and hardly gain any weight. Children also break their bones so a cast is not an unusual factor with children. As the nurse and seeing this patient for the first time, I would not think that there would be an issue with child abuse when I first walked through the door. However, with all of the other factors that are seen when visiting the home of Angie and her mother would make me question as if this child is not getting adequate care that she needs. When the nurse says to Angie’s mother that Angie seems thin, the mother ignores the nurse. The mother does not seem worried about her daughter’s weight or the fact that she is very thin for her age. A child of ten years of age should not be cooking without supervision and if the child were to touch a burner that is hot, usually the burn is on the palm of the hand or fingertips, not on the dorsal side of the hand. The mother’s explanations and the child’s injuries are not matching together and Angie’s mother keeps calling her “stupid” which can be seen as a form of emotional abuse. Emotional abuse can damage a child’s mental health and social development later in life such as name calling, limited physical contact with a child, and constant shaming of -a child (Smith M.A., 2014).

There are differences in the implications for those who use prepaid cards and those who use digital payment services. Prepaid cards are used to make financial transactions just like those carried out by credit cards, but their market is catered toward those with lower incomes – roughly 23 million Americans. Digital payment services, however, are more likely to be used by those in the middle-to-upper classes. Digital payment services must be tied to credit cards and bank accounts. This difference in market share results in different impacts for prepaid card and digital payment service users. The implications for digital payment service users relate to fees, market share for the companies, transaction times, and data security. The implications for prepaid card users relate to

Having an electronic banking card is great, if one is ever in a difficult situation it is easily accessible and a reliable ally. However, this tool should not be used every day. Simply by carrying around cash it will be much easier to monitor the amount of money that is being spent on a daily basis. This leads to less money being spent over longer periods of time. Carrying around a twenty dollar bill forces a person

Diverse and inclusive learning environments are important to me because I am an immigrant. I arrived from Mexico when I was nineteen years old and since I put a foot into this country, I learned that I was not welcome. Writing about me it’s a little hard. I have so many memories that I would like to share but I especially want to tell you one story that might change the way you see immigrants like me. I have been living in the United States since 2006. I’m a victim of human trafficking that survived and overcame many barriers. Moreover, the fact that I suffered so much during so many years made me stronger and also helped me to feel that the world should know that human trafficking is the modern form of slavery. The reason that I want to be a journalist and communicator is because I want to be the voice of the people that cannot speak. Hopefully, one day I will be able to help others with the power of information. I want to work for the Latina community because the lack of education makes them victims of several crimes. I’m a single mother too that wants to give to her son the opportunity to achieve all his dreams without all the

When using money electronically, such as a debit/credit card, when you lose it you are able to call and cancel it right when you know it’s gone to avoid people hacking your account, but when you lose money, once it’s, it’s gone. There’s no way of recovering it, unlike debit/credit cards. You are also able to make sure when using a debit/credit card that you pay only what you are supposed to when making a payment, unlike cash where a cashier could screw up how much money you receive back (Dave, 2016).