It is an old cliche to say that "time equals money," but like virtually all cliches, there is a valuable grain of truth to the statement. To define the idea of time equaling money a step further, one could point to the reality that occasion costs play a valuable factor in the generation of prosperity and money.
From a definition that can be learned in any Economics 101 course, occasion costs (on a very baseline level) refer to the fact that if a someone does something specific, the time and money invested in such an operation ensue in the minimalizing of the ability to do something else with the same time and money.
The anticipated time to come Of Internet Banking
In other words, no one can commit resources to two courses of operation simultaneously without increasing the source (money) required to profess a simultaneous venture. This is why it is important to drastically sell out unproductive downtime from a person's life and use the recaptured time for pursuits that will be productive. This is why internet banking is such an important concept.
While we would all love to live in a world where banking and the time required to make a banking transaction are greatly limited, we will never accomplish such a goal unless we leave the confines of customary banking and veer towards internet banking instead. When it comes to time costs, traveling to the bank, waiting in traffic, waiting in line, dealing with poor or diminutive customer aid all add minutes to the time wasted in one's day.
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