Monday, 9 January 2017

MONEY MATTERS

                                                             MONEY MATTERS


Money has become the hot topic of our nation. Everybody is now talking about money

SHELLS

In olden days we used bartering that is exchanging system .
 Long before currencies came in to existence, people used different medium for payment . One such medium was shells.The history of shell money dates back to 3500BC.
TEA BRICKS

 Tea money, or tea bricks were used as means of payment in countries including China,Siberia,Mongolia Russia between the 9th and 20th centuries.. They were leaves and stalks of tea plants, finely ground in to brick forms of various sizes.
 


 SALT 

No diet can be complete without a pinch of salt. The use of salt as a way of payment came from the obvious reason that it is something man cannot live without.
 
  
 METALS

Over a long period of time ,the need to develop currencies that were handy and long lasting arose. This led to the birth of metals as money.Different metals have been use of by different nations.










PAPER MONEY

The Chinese contribution to the making of not just paper, but that of paper money too,has been great. The first paper currency was developed during 7th century
DIGITAL PAYMENT
 cashless modes of payment called digital payments

 Digital Payment Modes
1.Prepaid Cards
2.Debit/RuPay cards  3.USSD
4.Mobile wallets
5.AEPS
6.UPI