Be aware of hidden cost of fees in processing cash transactions

Facebook Twitter Google+ LinkedIn Email PrintWe take the existence of cash for granted. We are used to being paid in cash, buying things with cash, storing our cash in banks or investing cash in the stock market.  Without cash, it would be necessary to engage in barter — a trading of goods and services. There is no doubt that such a system of trade is less efficient.  It would require more time on everyone’s part to assign…