Buy Now, Pay Later Is the Success of the Credit Card Essay...

The Credit Card? The credit card has been around since the 18th century in Europe, but only to be introduced to the United Stated in 1920’s by individual firms such as hotels and department stores. The simple idea behind the introduction of credit cards is to allow people who could not afford to buy expensive items but have the ability to repay them in installment till the full cost of the items is reimbursed (Marples, 2008). The reason credit card is a success is because customer love the concept of ‘buy now, pay later’. It is very convenience because they do not have to carry a large sums of cash and there are firms offering 0% interest if they settle before a specific period. According to Central Bank of Malaysia (2014), there are 22†¦show more content†¦However those who are inconsistent in payment will be charged at maximum interest rate of 18%. Late repayment penalty is RM5 or 1.00% whichever higher on total outstanding up to a maximum of RM75. Maybank also gain when customer purchases goods or services using credit cards. When customer spend RM10 for a service or goods using credit card, card reader will recognized the customer and contact the issuer of the cards; assume Maybank. Upon confirmation, Maybank will sent RM9.80 to the merchant’s bank account. A fee of 2% is charged from the transaction and splits between Maybank and the credit card company; Visa or Mastercard. As profitable as it can be, issuing credit cards to customers also have some downsides. In the earlier stage, Maybank already have to bear costs of issuing credit cards. A group of workers is needed to constantly monitor and maintain the bank credit card portfolio. Another expenses will be the making of the card, mailing statements to customers and also setting up a system to record customer’s informations from frauds. The system is especially important to protect customer. A stolen credit cards will be risky for customers as some party might use it to conduct illegal activities besides stealing their private information (Smith, 1998). The expenses does not stop here. After the issuance, Maybank need to constantly offer rewards and special promotions in order to compete with their competitors. They launched promotions from time to time toShow MoreRelatedWho Is The Best Financial Expert?988 Words   |  4 Pageslot of stress and money problems later in life. Because of Dave Ramsey, a successful financial expert, they were able to get they money situation figured out in less than ten years. Their salary was better than most but people do not have to be rich when it boils down to finances and the cost of living as demonstrated by them. Credit cards take most of the blame when it comes to debt; they are the most common type of â€Å"loan†. Almost every American has a credit card and can easily receive one. TheyRead MoreCredit Cards : An Everyday Financial Tool For Us1375 Words   |  6 PagesABSTRACT Credit Cards have become an everyday financial tool for us here in the US and around the owrld. This simple plastic card comes with it a host of benefits, rewards, and dangers. The credit card authorizes the holder to charge goods and services that they will later be billed for. The credit card came into being in the 1920’s when hotels and gas companies made them available to customers for use in their establishments. Next, in 1950 the Diners’ Club, Inc. card was introduced which allowedRead MorePersonal Finance And Social Finance1196 Words   |  5 Pagesthey are doing many things wrong. Sadly, some people do not recognize this reality which is the first step toward personal finance success. Where I am today and where I want to be in the future? These are questions people need to ask themselves frequently because when it comes to personal finance if we fail to plan, we are planning to fail. Some others do not success financially because they have moral issues about rich people, capitalism, or money in general. By way of example, they said: Rich peopleRead MorePersonal Finance And Social Finance1268 Words   |  6 Pagesmissing some fundamental information. Sadly, some people do not recognize this reality which is the first step toward personal finance success. Where I am today and where I want to be in the future? These are questions people need to ask themselves frequently because when it comes to personal finance if we fail to plan, we are planning to fail. Some others do not success financially since they have moral issues about rich people, capitalism, or money in general. By way of example, they said: Rich peopleRead MorePersonal Finance Of The United States1201 Words   |  5 Pagesthey are doing many things wrong. Sadly, some people do not recognize this realty which is the first step toward personal finance success. Where I am today and where I want to be in the future? These are questions people need to ask themselves frequently because when it comes to personal finance if we fail to plan, we are planning to fail. Some others do not success financially because they have moral issues about rich people, capitalism, or money in general. By way of example, they said: Rich peopleRead MoreApple Pay : Will It Catch On?2058 Words   |  9 PagesApple Pay: Will It Catch On? At their latest big event, Apple Inc. showed off a number of brand new products. While the iPhone 6 and the Apple Watch certainly made headlines, one of the major announcements that may have flown under the radar was for a brand new mobile payment system that would combine the new phone and innovative touch security feature with an NFC chip (â€Å"tap to pay†). This new product is called Apple Pay. This payment system will allow the users of the newest Apple devices to notRead MoreThe American Dream And The Roaring Twenties1336 Words   |  6 Pagesopportunity to achieve success and prosperity through hard work, determination, and initiative (â€Å"What is the American Dream†). The American Dream can be achieved by any American who has the desire to work for what they want to achieve. The American Dream is an embedded idea of the United States. The American Dream , by definition ,is the set of ideals (Democracy, Rights, Liberty, Opportunity, and Equality) in which free dom includes the opportunity for prosperity and success, and an upward social mobilityRead MoreThe Use and Abuse of Credit Cards3360 Words   |  13 Pagesthe use of cashless payment. Cards are certainly important for consumers and retailers because using checks or holding cash often more time consuming compare to retail oriented electronic payment technology.Therefore Lo and Harvey(2011), implies that availability of cards permits compulsive shoppers to satisfy desires for buying, to ignore budget constraints and hence, to overspend over different shoppers. According to Ryan (2009), customers likely to use credit card payment because it often getRead More Mandatory Drug Testing For Welfare Recipients Essay1341 Words   |  6 PagesThe process of drug testing individuals who are applying or receiving welfare benefits has recently become the focus of a widely spread controversy. Florida, the first state to pass the law, now requires all individuals applying for public assistance to undergo drug testing. The state of Kentucky, among others, have considered following this trend. State lawmakers hope to prevent the squandering of taxpayer dollars on drugs by proposing similar guidelines. Alabama’s states representative Kerry RichRead MoreAmericas Obsession with Youth1236 Words   |  5 Pagesmakes them feel mature. Teenagers are buying fake identification cards in order to get into bars and clubs where adults socialize. The desire for youth to adults and adults to be youthful is an example of â€Å"the grass is always greener on th e other side†. American society is never satisfied. We always want what we do not have. Youth is something that no one can put a price on. Juwan Howard is professional basketball player who is now thirty-eight years old. Since going pro he has made an estimated

Support Children’s Programs - 1274 Words

America’s national debt is estimated at over fourteen trillion dollars (TreasuryDirect.com). The problem with the country’s deficit is not news unheard of. Overcoming the problem has shown its difficulties. Not much seems to alleviate the problem. â€Å"As of this year the House of Representatives proposed an estimated thirty two billion dollars in cuts to programs for children† (Sanderson). Although the country is severely in debt and cuts definitely need to be made, it is not right that the children of America have to pay for the consequences. Why make children pay for something they did not contribute to? The government needs to continue supporting and funding programs that help children, such as A Keiki’s Dream, because these programs†¦show more content†¦All these qualities are in these programs. Because those qualities are all positive aspects that are promoted, it should be rewarded with aid from the government, through funding and support. Second, the environment a child is exposed to is critical. If exposed to a positive environment, where their environment is loving, supportive and concerned, they would most likely approach a program that they will help in times of need, therefore getting the needed help for the child. The programs assist those that want to be helped and need to be helped. For that reason, they need the funds to do the proper services needed to provide help. Third, after an interview with a child that has been serviced through A Keiki’s Dream, she said she was very thankful for a safe and comfortable environment that allowed her to dream and had felt appreciative of her dream come true. A safe environment is provided by the programs that are beneficial for children. On the other hand, some charities and programs are happily shutting down. Because of the struggle and stress of economic problems, funding had been greatly cut to these charities and programs, resulting in them throwing in the t owel. Some are happily shutting downShow MoreRelatedPersonal Experience And Quality Measurement Report801 Words   |  4 Pagesthe CHIP program for children. This experience has taught me that we have to follow the law and the policies that are put in place by the government. However, as individuals we also have the power to influence the government to create new laws, such like the organization mothers against drunk driving. In 1997 when Congress created a bill to provide health coverage for children it was a tremendous relief for many families. The program is called the CHIP. STATE CHILDREN’S HEALTH PROGRAM. In 1997Read MoreEssay about The Phases of Healthcare Policy Making1146 Words   |  5 PagesEisenhower had a personal sympathy for health care programs and submitted the idea to Congress. However with a single vote, President Eisenhower’s administration bill was prohibited by the Senator. Later, President John F. Kennedy also had a clear health plan known as Medicare. President Kennedy introduced the Medicare plan on television to the public in 1962. Regrettably, the Medicare plan was rejected by the Senate. In 1965, the Medicaid program was passed. Although Medicaid was created in 1965Read MoreAbstract. Using A Variety Of Peer-Reviewed Sources, This1763 Words   |  8 Pagespaper will focus on the problems in the United States healthcare system and its relation to children’s access to healthcare. Despite efforts, there are several aspects in the current healthcare system that cause children to not have access to healthcare. In other cases the children may be eligible for health insurance but do not have insurance. This paper will analyze the disparities surrounding children’s healthcare, the socioeconomic aspects of it, and other factors that cause a lack of access toRead MoreThe Children s Health Insurance Program982 Words   |  4 Pagesnation s 3.5 million children who still lack health insurance, nearly one in five live in Texas. The Problem Our Children Deserve Better†¦ A look at where we are and how we got here: 1997 The Children s Health Insurance Program (CHIP, formerly the State Children s Health Insurance Program (SCHIP)): was created by the Balanced Budget Act of 1997, enacted Title XXI of the Social Security Act. It has allocated about $20 billion over 10 years to help states insure low-income children who are ineligible forRead MoreThe Affordable Care Act Of 20102316 Words   |  10 PagesAbstract Signed into law in 1997, Children’s Health Insurance Program (CHIP) provides health coverage to approximately eight million children. This law encompasses families whose incomes are too high to qualify for Medicaid, but cannot afford the expense of private health insurance. CHIP is like Medicaid, it’s managed by the states, but different because it’s jointly funded by the federal government and by the states. The Affordable Care Act of 2010 retains the CHIP eligibility standards and extendedRead MoreChildren s Home Is A Private Non Profit Organization1578 Words   |  7 PagesOn November 19th, I visited the Children’s home of Cincinnati for my introduction to Social Work Class. Before this experience, I was uncertain of what the Children’s home was and unaware of the services they provided. I was very impressed with all the services and programs they offer. The Children’s home is a private non-profit organization that strives to make a dif ference in each child’s life every day. They provided services to at-risk children with behavior, social or learning challenges. TheyRead MoreThe Children s Miracle Network1673 Words   |  7 Pagesâ€Å"Since 1983, Children’s Miracle Network Hospitals has raised more than $5 billion—most of it $1 at a time—for 170 children’s hospitals across the United States and Canada, which, in turn, use the money where it’s needed the most. These donations have gone to support research and training, purchase equipment, and pay for uncompensated care, all to save and improve the lives of as many children as possible, the Children’s Miracle Network mission statement is we increase funds and awareness for localRead MoreEnhancing Children’s Potential Research Paper Draft Developmentally appropriate daycare centers are1100 Words   |  5 PagesEnhancing Children’s Potential Research Paper Draft Developmentally appropriate daycare centers are focused on the most important element: the children. Therefore these developmentally appropriate daycares exceed the needs of the children because they are being met physically, socially, emotionally, and cognitively. Some may argue that the risks of daycare can cause damage to children’s development. Developmentally appropriate daycare centers use intentional teaching strategies, support for the familiesRead MoreProvide High-Quality Inclusive, Early Childhood Education and Care638 Words   |  3 PagesAccording to SDN Children’s Services (1905) SDN, a not-for profit organisation is committed in providing quality and inclusive services for children and families in need of early childhood education and care services such as long day care centres and pre-schools within the regions of New South Wales and Australian Capital Territory. In addition to these mainstream services, SDN caters specific programs and early interventio n support designed for children with high care needs that require additionalRead MorePrograms and Activities Involved in a Long Day Care Essay736 Words   |  3 Pagesaged 0-5 years and give education to children so they can learn through play as well as formal programs or activities. Even there aim is to acknowledge and respect all staff skills and interests. Even they try to have partnerships with families and communities side by side they create home-like environment. The support that organization provides†¨They support the Parents so they can leave their children’s in day care when they on work. They also provide workshops for the parents or other family carers

The Adventures of Hucklberry Finn Satire Free Essays

The author, Mark Twain, uses satire against religion, government, peoples ignorance, and society in general. Throughout the novel, we meet people whose live were ruined by alcoholism. Huck’s father is a drunken, abusive father and Twain satirizes the consumption of alcohol and the effects it has on people. We will write a custom essay sample on The Adventures of Hucklberry Finn Satire or any similar topic only for you Order Now Huck quotes, â€Å"Pap he hadn’t been seen for more than a year, and that was comfortable for me; I didn’t want to see him no more.He used to always whale me when he was sober and could get his hands on me†¦Ã¢â‚¬  (13) Twain is satirizing drunken adults and what it does to their kids and the people surrounding them. Huck’s father also had opinions of his own. â€Å"Oh yes this is a wonderful govment, wonderful. Why looky here, there was a free nigger there from Ohio. .. † (35) Mark Twain quotes Pap to satirize both the government and racism. Pap represents the close-minded, southern whites and how they felt about free blacks.He mocks how the government has outlawed slavery in the northern states and how the southern states couldn’t do anything about it. Slavery was another issue that Twain touched on. He enters the bitter realm of social satire and their beliefs on the issue of free slaves, almost to the point where it was unethical. A moment captured in chapter 16 describes when Huck realized how serious the consequence of the situation was. â€Å"Well what’s the use of learning to do right when it’s troublesome to do right and it ain’t no trouble to do wrong, and the wages is just the same? (116) He feels guilty for helping Jim to freedom, but realizes that if he turned Jim in, he would feel just the same. He mocks the society for believing that it was so evil to help slaves to freedom. After the event with the King and the Duke with the Wilks, Huck is glad to see Jim â€Å"Of course when they got to snoring we had a long gabble, and I told Jim everything† (188). Twain shows that Jim should have a better life than to be separated from his wife and children he loves, and to be forced to work for people who humiliate him.Through his use of satire, Twain illustrates the major themes of the novel. People at that time treated servants terribly. Huck himself was racist when Miss Watson asks if anybody got hurt and Huck replies â€Å"No ma’am just a nigger† (34). Finally, the use of racist terminology throughout the book showed how Jim and slaves were treated. The people that they come in contact see nothing more than a servant of Jim. When Tom has a theory as to the meaning of the word ransomed without any doubts, all of the boys agree with this meaning of the word. But per’aps if we keep them till they’re ransomed, it means that we keep them till they’re dead†. (12) In this segment of the novel, Twain uses satire to demonstrate that even though something may be truly wrong, if civilization or society adopts it to be true, then it is believed. Religion is one of the key victims of Twain’s satire throughout the novel. This satire is no more apparent then when Huck’s guardian, the Widow Douglas, preaches to him about Moses.Huck didn’t think very much of her lecture â€Å"Here she was a-bothering about Moses, which was no kin to her, and no use to anybody, being gone, you see†¦Ã¢â‚¬  (3) Twain uses Huck to exhibit his objection to the faith that civilized society places towards religion. During Huck and Jim’s journey, they encounter two men who refer to themselves as the Duke and the King. These characters make their living by swindling people out of their money. When they are eventually caught, they pay for their sins by being tarred and feathered.Huck expresses his thoughts on the subject by saying; it was a dreadful thing to see. â€Å"Human beings can be awful cruel to one another†. (294) through this event, Twain shows that crooks and criminals aren’t the only ones that can be cruel. The crowd that considers themselves to be civilized and opposing cruel acts when actually they commit such acts themselves. The chapters on the Royal Nonesuch are the climax of satire in this story. First Twain presents Hamlet’s soliloquy, which even in its first lines, â€Å"To be, or not to be; that is the bare bodkin/ that makes calamity of so long life†¦ (pg. 132), clearly shows his readership that though the con-men and townspeople know enough to have heard of Shakespeare and even recognize some lines, , for in reality they are ignorant of high society. Twain uses satire to express ignorance in society when Tom Sawyer says â€Å"Because it ain’t in the books so that’s why† (9). This shows that people believe everything they read in books when books are most of the time opinionated. Twain fills Huckleberry Finn with satire examples throughout the story. How to cite The Adventures of Hucklberry Finn Satire, Papers

Gilgameshs Quest for Immortality free essay sample

In the epic poem Gilgamesh, the main theme is Gilgamesh’s quest to defeat the demon that is in the back of every human’s mind at all times: death. His quest to defeat mankind’s penultimate battle proves futile in the end, yet could Gilgamesh be considered to be immortal in a different sense? Immortality can exist on two planes: both a physical and metaphorical world. Gilgamesh did fail is his quest to live tangibly forever, and therefore seeks everlasting life in an allegorical sense. If he could create something, an idea or an action that will be remembered forever, such as killing Humbaba, he too can live forever via this accomplishment. So, in a sense, Gilgamesh did actually succeed in his quest for eternal life. We will write a custom essay sample on Gilgameshs Quest for Immortality or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Gilgamesh has everything he could possibly ask for: riches, fame, power, yet he still wants more. He wants to live forever. Since he is used to being instantaneously gratified of everything he wants, he expects the same to occur in his quest for eternal life. After the death of Enkidu, his desire to live forever grows even stronger. Having a sheltered, privileged life, the death of Gilgamesh’s closed friend, essentially his other half, was most likely his first experience with death, and it terrified him. In Book IX, he asks, â€Å"Must I die too? Must I be as lifeless as Enkidu? How can I bear this sorrow that gnaws at my belly, this fear of death that drives me onward? † This does indeed drive him onward and leads him straight to the gods. Gilgamesh is not pleased with what the gods have to tell him, though. After his long journey and the retelling of his story, Shiduri tells him â€Å"You will never find the eternal life that you seek. When the gods created makind, they also created death, and they held back eternal life for themselves alone. Humans are born, the live, then they die, this is the order the gods have decreed. † Yet, instead of accepting his fate (which is the common fate of all mankind), he becomes enraged, demanding knowledge of how to find Utnapishtim. Gilgamesh is told the key to eternal life—an herb. However, once he picks this herb, a snake eats it and Gilgamesh has exhausted all his chances at immortality. The story abruptly ends there. We do not know to what extent Gilgamesh accepts his fate, if he does at all. But if one creates something that will live forever, won’t he too live forever? Shakespeare has been dead in a physical sense for almost 400 years, yet his work is as, if not more, prevalent today than it was then. So couldn’t one argue that Shakespeare is still alive in the context of his sonnets and plays? He is dead, yet he created something that will live forever. One can also live eternally by carrying out an action or initiative that affects people for many years to come. Again, for an example, Martin Luther King Jr. is dead, however, he lives on through all the progress he made for civil rights. Obviously, Gilgamesh will not live on as an immortal forever. However, he manifests himself in an action that will live on forever—killing Humbaba. So, he lives eternally through the execution of this action. The fact that he could live on forever in the minds of men is alluded to several times in the text. When Gilgamesh and Enkidu leave on their quest to slay Humbaba, Gilgamesh says, â€Å"I will cut down the tree, I will kill Humbaba, the whole world will know how mightly I am. I will make a lasting name for myself, I will stamp my fame on men’s minds forever. † His name lives on throughout the centuries, so he does along with it. These allusions are made only early in the text, by both Gilgamesh and Enkidu. In addition to the previous quote, Gilgamesh says in Book V, â€Å"If we help each other and fight side by side, we will make a lasting name for ourselves, we will stamp our fame on men’s minds forever. † The early discussion of living forever through actions rather than in the flesh could show that Gilgamesh or Enkidu might have some awareness of their fate. If either one of them could exist physically forever, what would be the point of killing Humbaba? They’d have all eternity to put their stamp on the human race, so why bother trying to leave their mark through an action that is dangerous and capable of inducing anger in the gods? Gilgamesh was written over 4600 years ago. It’s arguably the oldest written text, older even than the bible. 4600 years is a long time, essentially an eternity relative to the average human’s timeline. And we are still reading Gilgamesh today. So, he has succeeded in his quest for immortality. We all know his name, what he did. He is alive in both our minds and the pages of this book.