La description :home about books events blog contact home about books events blog contact 5 things you should know about the economy of greece april 14, 2018 / mark powell / comments off on 5 things you should know a...
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ISP:Media Temple Inc. TLD:com Code postal:us
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home about books events blog contact home about books events blog contact 5 things you should know about the economy of greece april 14, 2018 / mark powell / comments off on 5 things you should know about the economy of greece greece is one of the european countries that have been struggling economically recently. the world financial crisis has shaken many countries, but greece seems to be slow in recovering. here are some of the things you should know about the economic condition of greece. they leave the eurozone greece has voted ‘no’ in the eurozone. this might have a number of consequences. initially, greece will suffer for a short time. the greek government thinks that it is the best way to revive its depressed economy. introducing new currency means that the export will increase due to the low price of goods and more tourists will be attracted due to cheap vacations . on the other hand, some experts think that greece will be in a dangerous situation. the price of products will increase, imported medicine will become scarce. many people may get into poverty. so, there is still uncertainty about the economic condition of the country after they have left out from the eurozone. banks are closing recently, the government of greece has missed a payment to the international monetary fund. this has created the risk of many banks getting closed. they might even be forced to leave the monetary union for missing the critical payment. unemployment the unemployment rate of greece is much higher compared to the other european countries. this is affecting the gdp of the country. the government should encourage more investment opportunities so that job market can be created for the people of greece. social security tax the social security tax is high in greece compared to the other countries. also, the government finds it difficult to collect taxes from people every year. there must be reform in this sector in order to improve the economic condition of the country. huge debt the banks are in huge debt now. they need to find ways to pay off the debt. more deposit must be collected and the money must be invested in profitable ventures. once the banks become debt free, the economy of the country will become stronger. banks play a huge role in the development of the economy of a country. there must be reforms in the sector so that the banks can contribute positively to the economy of the country. the long-term impact of greece leaving the eurozone is still unknown. the government is hopeful that it will bring some good results for the country. once the unemployment rate decreases, more investments occur and the banks become debt free, the economy of the country will improve. top 7 reasons why people switch banks march 30, 2018 / mark powell / comments off on top 7 reasons why people switch banks the banking sector has grown considerably. there are lots of commercial banks now offering different products and services to the customers. the industry has become very competitive. people also now shop around to find a better deal when it comes to opening an account. they switch banks for the following reasons. high-interest rates some banks offer very competitive interest rates on the savings account. this lures customers to switch banks. they try to get as much money as possible from their savings. so, they switch to a bank offering a better interest rate. low fees people shop around and try to find out the bank that has low fees. so, whenever they come across a bank offering low service charges, they switch to that bank. benefits and rewards some banks offer benefits and rewards like id fraud assistance, gadget, breakdown cover, travel or phone insurance, etc. if someone travels often or has the habit of losing a phone then these benefits will be important for that person. so, they switch to banks that offer such benefits. cashback with cashback offer, you can earn a lot of money at the end of the year. people usually spend money in shops and there are many shops that offer cashback. so, if you choose to shop in only those stores providing you the cashback offer, you will benefit at the end of the year. some banks will give you bonus cash back offer to switch to their bank. overdraft we often spend more than our budget and overdraft can be very helpful during those times. sometimes, companies may delay in paying your salary. you can use your overdraft to run your family during that difficult time. so, the higher amount of overdraft a bank offers, the better it is. people switch to banks that offer a certain amount of overdraft for 0% interest. customer service it is very important for banks to provide good customer service; otherwise, people will switch to other banks. if people can’t contact the customer service department promptly or cannot get their problems solved fast, they switch to banks that provide a better customer service. location and atm facility banking convenience is an important factor for choosing a bank. a person will like to have an account in a bank that is located in a convenient location. the atm facility should be readily available. if a person finds that it’s difficult to take out money due to location then they will switch their bank. as there are many reasons why people switch banks, the banks need to improve their service and offer innovative products to the customers. they will constantly have to find ways to attract clients in order to increase their revenue. 6 ways you can manage your money in a better way march 15, 2018 / mark powell / comments off on 6 ways you can manage your money in a better way money is something that people need in order to survive. but many people find it difficult to manage money. they get into the habit of spending more, going into debts and failing to come out of this complex situation, especially when they engage in bad practices or are unable to control their money and blow it all on a luxury car rental in miami . however, there are some easy tricks to manage your money and lead a peaceful life. 1. have a savings account with high-interest rate most people have a savings account, but they rarely check the interest rate they are getting. there are many banks today that offer five times more interest rate than the national average. you should do some shopping and find out which bank is giving more interest rate on the savings account and open an account there. 2. consolidate your accounts having too many accounts can cost you money. the annual fees for some of the accounts can be high. so, you can consolidate those accounts and make them into one. that way, you will be saving money. some bank will offer you free service charge if you keep a balance of a certain amount all the time. it will also be easy to manage one account. 3. set up a budget you must observe your spending for a month. see how much you need to pay your bills and how much goes towards other expenses. then set up a budget for next month and try to stick to it. that way you will be able to manage your money comfortably and will be out of debt. 4. use cash having too many credit cards can be bad. you will feel the urge to spend more money and use credit card always to purchase things. so, try to use cash all the time. that way you will be able to keep track of your money all the time. 5. do balance transfer if you have too many credit cards and have balances on those cards which you find hard to manage every month, then you can do a balance transfer. choose a card that offers low-interest rate. the balance transfer is usually free. so, now you will need to manage only one debt account. 6. track your expenses you should track your monthly expenses, especially if you have high-ticket items on your list like a range rover rental in dubai . sometimes, we sign up for credit cards or upgrade our cable or internet deals unnecessarily.find out whether these deals are necessary. if not, cancel them or downgrade to a suitable package. lower the number o
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