Saturday, April 26, 2008

About Money

We didn’t always have money. People used to trade things they had for things they wanted. If they had a lot of rice, they might trade it with someone who had too much fruit. Or a person who was very good at building might make a chair or table and get paid with chickens or clothes!This kind of trading, without using money, is called barter. But you can imagine the problems people had. What if one person had, say, mangoes to trade and wanted shoes in return? But the shoemaker didn’t want mangoes that day! Plus, the mangoes could spoil, so you couldn’t wait until next week when the shoemaker would want mangoes. So money was invented.

Learn how to manage your money, make smart investments, start and run your own business, do your taxes and save for retirement from this blog.


How to keep and use bank notes
Bank notes are made from papers so it is easy to be destroyed. Well, here is the guidance to keep your bank note stay longer.
1. Use it carefully to prevent tearing. 2. Keep bank notes in shape, avoid folding or scraping the notes. If you have to double over it, you should keep the front side together. 3. Keep away from humidity, heat and flame. 4. Should not write or stamp on the note. 5. Avoid stapling bank note.
If you keep bank note in proper way, it’s not only make it stay new for very long time but you also help the country saving budget to reproduce bank notes.

No comments: