Technology is making one of the biggest impacts on our kids, family and money than any other tool we use. For those of us who have been in the world since the early days of these advancements, we don’t take the convenience of access for granted. The new generations only know technology so they think it’s just the way it should be and don’t ever think about taking it away. Well, technology is growing daily and it’s here to stay.
Are you aware of how much technology is changing our financial lives? Tech has made manufacturing much easier with the use of robotics to help with jobs that used to cause physical harm to people for the same job. It has also made it possible to produce at a much faster rate. Tasks that used to take hours can now be completed in a matter of seconds or minutes. New age workers can’t imagine having to accomplish the same tasks without the use of technology at their fingertips.
In the financial realm, the ease of transactions has changed the game for all businesses like never before. It used to be cool to be able to tell your bank you are going paperless, but now you can move money within your own accounts or receive or pay someone anywhere in the world in a matter of seconds. Even on the stock exchange it is much easier for the movers and shakers to exchange stock and funds in moments like never before. Your office is literally in the palm of your hands.
Apps such as the “RobinHood” are making things easy for the trade world by giving easy access to the trading world with much less overhead. Where people used to have to yell around the room or use a phone hoping not to get a busy signal, they can now look at a button, choose an option and make decisions and trade transactions in a moment of time without missing an important opportunity. There are many apps coming to the forefront each day such as Zelle, Cash, and PayPal just to name a few that have changed the way we exchange funds and live more productive lives without waiting in lines to trade services. This convenience should be appreciated and never taken for granted, we could be still standing in lines for hours but not anymore.