Question

Various techniques of international cash management

Answer 1

Techniques of international cash management:

There are various techniques for cash management. Some of these are:

• Bank accounts

• Time bound expenses

• Tracking expenses

• Shopping

• Debit card

• Debit card can help to avoid unnecessary purchases and impulse spending.
• In shopping, we can manage our cash by taking advantage from coupons and bulk purchase promotion.
• Placing our money in time bound purchase can help us to save our money.

Hope it helped...