3 reasons to maintain cash

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1- Cash is your freedom

In a cashless society, your money is only virtual. You are dependent on your bank. Nothing prevents him from resorting to negative interest rates or charging you exorbitant fees. From the moment you are forced to deposit your money in the bank, you are no longer the master of the game. In the event of a bank crash, you are bound hand and foot. Worse, in the event of a dictatorship, nothing prevents a state from requisitioning your savings. With cash, you keep control. You can choose whether or not to deposit all or part of your assets in the bank, according to your own economic, social or even ethical criteria.

2- Cash, an excellent didactic tool

As a child, when you counted the contents of your piggy bank, when you chose to spend the pennies thus saved for several months to give yourself the long-awaited gift, you gradually learned the value of money, the notion of savings. It was simple and concrete. Without cash, it is difficult to count your money. A bank account is much more difficult to access, much less concrete and practical for a child. Even for a teenager who learns to manage his pocket money or a student who gradually manages his expenses (tuition fees, kot, food, outings, etc.) cash is simpler, more real.

3- Cash, support for the most deprived

With tens of thousands of euros in the bank, with a regular and consistent income, managing expenses, although necessary, does not necessarily involve cash. On the other hand, if your income is variable, if you cannot make ends meet, if you are constantly in the red, cash can help you. Thanks to the cash, you see your income concretely. You can actually distribute your income according to your needs (one envelope with the food budget, another with a provision for your bills, another for clothing, another for small gifts for children, etc.). What is not spent remains for the following month in the correct envelope. On a day-to-day basis, you concretely track your expenses. In addition, you save bank charges, you are not tempted by compulsive spending,... You take control of your financial future.

We are in regular contact with men and women in financial precarious situations, in over-indebtedness, etc. We guide them to the nearest assistance and mediation services. INTERNATIONAL RECOVER COMPANY® as an actor in the field is convinced of the need to maintain cash in tomorrow's society.

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