Basics of Money



Basics of Money

There are various forms of money – cheques, IOU’s, credit cards, bank drafts or gold. Gold was the standard used in the past because of its scarcity and its qualities ...


Types of Money

Whatever is used as money today must be what is known as “legal tender”. Legal tender means that the government approves it as the form safely accepted for the payment of goods and services ...


Planning Money

Everyone has money problems. This is a fact whether you have a lot of money or very little money. Financial planning is necessary to ensure that these problems are minimised or avoided ...


Banks and Money

The Banking Ombudsman can hear complaints about all types of banking issues including business transacted through branches or electronically, use of bank credit, debit and cash cards ...